Colors only on cbs this morning. The singer reveals the lineup for her latest concert to help lgbtq kids who dont have a home. Its a good one, but first, heres todays eye opener. Its your world in 90 seconds. I want to be very frank to the american people. The vaccines critical. But its not going to save us from this current surge. The sweeping new lockdown in california. Doctors and nurses across the country are being pushed to the brink. Were not likely to see a peak in the number of infections in hospitalizations until probably at some point in the middle of january. As bad as things are right now, theyre going to get a lot worse. Rudy giuliani says hes getting great care and feeling good as he recovers from coronavirus in the hospital. President elect joe biden is poised to nominate California Attorney general Xavier Becerra as health and Human Services secretary. To the last line of defense. All eyes on two critical runoff races in s is in georgi will determine which party control
National intelligence John Ratcliffe as we are learning the country is doing human testing to genetically enhance military. Focus on stimulus this morning, Speaker Nancy Pelosi says it will be done by christmas, we will hear from former nyc barrasso and Mick Mulvaney. Marks are lower. We will start the week in the red, dow industrials down 145 points, nasdaq lower by 15 and s p 500 weaker by 16 and 3 quarters. All three major indices up out of the last 5 weeks, last week we are up 1 on the dow and 2 on the nasdaq. Mornings with maria right now. Maria european markets look like this, dax index in germany lower by 63. In asia overnight, markets finish mostly shower. We had Economic Data, that is the fastest pace of exports since february 2018. The growth also helping to generate a 75. 4 surplus. The data, of course, coming from the Chinese Communist party and this has been the big fight between china and the u. S. , the fact that we are buying more products than china is buying from the
Interest if he starts coordinating on the virus with the biden team. Like it or not, the president didnt win. The fall out this morning with ron klain, plus insight and analysis from our power house round table. Announcer from abc news, its this week. Here now chief anchor George Stephanopoulos. Good morning and welcome to this week. We may not be surprised, but we should still be shocked. The Election Results have been clear for more than two weeks. Joe biden defeated donald trump. By recent standards it wasnt that close. More than 6 million votes nationwide. More than triple Donald Trumps 2016 margin in the key mid western battle grounds. Plus wins in georgia and arizona. 306 electoral votes. The same total trump called a landslide in 2016. Faced with those facts, the president and their allies have taken their baseless claims of voter fraud to court. Theyve lost 32 times. Last night in pennsylvania a judge dismissed their case with this words, the court has been presented with strai
Green shoots rhetoric. What makes it interesting going into november, the financials had already been up 30 out of the march low, plus the yield curve has, in. The yield curve has come in. It is puzzling why the banks are up so much. It has to do with the narrative of the traders and investors buying cyclical stocks on the potential for strong recovery. Guy i will cheat david i will cheat. You and i talk when we are not on television. What is going on with the yen . Abigail those are some of my favorite conversations because we can move back and forth. The yen does bring attention to itself over last year. It is up about 4 . When you have stocks at alltime highs, you have bonds at record highs, although folks will say the fed the yen is a pure play haven. Over the last year, up about 4 . Some traders might like the fact that stocks are higher, but theyre probably hedging for the possibility there could be choppiness ahead. That is true for the vix. The vix is still above 20. That is in
Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A limited Police Presence and virtually no mention about this in the Mainstream Media and so far no statement from the biden harris camp. Bernie sanders now says he has not met anyone who wants to defund the police. Has he talked to aoc . Editorial, the company ministration deserves credit for the Rapid Development of the vaccines. Republican states like florida deserve credit for opening their economies to get the country moving forward and democrat governors in new york and california and elsew