Tom keane taking one final day off. This market ripping through the month of november, adding weight to the rally this december. Lisa up 1 on what . Nothing it seems ahead of this testimony with chairman powell and secretary ma nuche chin. Lisa tom keen is so upset hes still in triple leverage all cash funds had he to take the time out to start his own Cooking Channel on twitter which is what he seems to be doing over the past few days. There is a question how much good news is baked in. We have gotten some news about vaccines looking for approval. Yet at this point, you have raised this again and again, john, how much scarring is there from record numbers of cases of covid, as well as hospitalizations. The numbers keep breaking all time highs. Jonathan the numbers arent going to be great the next couple months. Thats a given. I dont know how much we need to see thats really going to weigh on people considering how well anchored their outlook is for 2021. Vaccinations could begin in a
Theres a live lookin well monditor that for you. The president elect announcing his team today we expect to hear from joe biden at the bottom of the hour and his fed chair nominee, janet yellen josh, i mentioned the dow, best month since 87, russell, best month ever, energy best month since april, industrials best month since 09. Theres a lot of momentum coming into december. Yeah. Look, i think a lot of people are saying this and i actually agree with it and i hate to go along with conventional wisdom but right now it seems as though the biggest risk is that everyones already bullish and there arent that many people left to buy. If you go on like financial social media, you find owl the bears. In real life people are in, regardless of what they might be saying publicly. Right now thats probably the big risk, that things are a little bit too good. You have a great setup with earnings growing, the vaccine being distributed. In london theyll give it out as soon as monday i i dont think w
Seen across the country. We will speak to raj patel, author stuffed and starved the hidden battle for the worlds food system. Then a betting pool . That is what managers at a tyson pork slaughterhouse set up a to bet on how many workers would get covid. Six workers died at the iowa plant. More than 1000 were infected. Finally, 2020 has become the deadliest year on record for transgender and gender nonconforming people. We will speak to tori cooper of human Rights Campaign. Vionce iibly toxic and all of these Different Things that make trans lives being devalued. Amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the quarantine report. Im amy goodman. The Trump Administration has cleared the way for president elect joe bidens transition after 16 days of delay that threatened to derail the incoming administrations preparations for reviving the economy and battling the coronavirus pandemic. Emily murphy, the trumpappointed head of the General Services administ
Of play for stocks as we build into our discussion. Youve got dr. Birx on the task force. The covid surge, quote, the worst event the country will face coming this winter. Stocks have run a lot coming into november. The vaccine is getting closer day by day values been outperforming lately the value etf coming off its fifth positive week in a row thats the First Time Since its fiveweek stretch ending the end of december of 2019. So my question to you to start things off, where do we go from here it seems like the market wants to go higher i think its been incredible all year it seems to definitely be picking up steam in november and pt fir the first part of december, investors are leap frogging, the political discord in washington, the lack of fiscal stimulus and leap frogging that and buying stocks in general and buying growth stocks, buying momentum stocks, buying value stocks, airline, energy, all of the above. It a really good time to reflect as investors, you got to be in it to win
Stock hitting what . An alltime high ahead of its investor day next week, despite all the obstacles that face its parks and movie businesses weve got those details. Look at disney run and later the director of National Intelligence says china is the greatest threat to the United States and wall street may be getting stuff in the middle of the war of words we will explain as power lunch begins right now thank you, ty. Record highs across the board including the russell small cap two 2000 lets go to dom chu. The composite index is still up on the yeartodate basis offer the last few months, the gap or difference between the dow and s p has stayed relatively constant. Still, though, the s p up 14, the dow up 5 to 6 on that yeartodate basis looking at other trends in the markets today, look at shares of caterpillar. One of the bigbigg egebiggest ie biggest contributor. Caterpillar shares up 4. 5 we put a gold star up there as well one of the other things that were watching right now is what