Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
Washingtons partisan battle. Joining us now is bloombergs chief content officer marty schenker. Many people thought this was an inspired choice. It ticks so many boxes. Just your sense of what this means for how washington is now going to operate. Martin i wouldnt describe it as necessarily inspired. It is an inspiring lee safe inspiringly safe choice because she is so wellknown on both sides of the aisle. I think she will have a relatively easy time getting confirmed. She is a traditionalist in many ways. She has been at the fed. Shes been at the white house. Shes a great believer in consensus. I think that is what you are going to need with the incoming treasury secretary. Alix nonetheless, it is the first woman treasury secretary, the first woman to lead the fed. This is definitely in that respect a boulder choice. However, how do the progressives feel about her . Marty i think they are very supportive. There is reporting out there that Elizabeth Warren was the person who recommende
In this weeks edition of the talkers. Watch. Now youve got 18 states joining your lawsuit in the same argument. Does that make it more likely that the Supreme Court takes it up or not . Im certainly hopeful given how important this issue is not just for this election. This is about how were going to view our future elections, is this type of election going to be allowed . Maria what can you tell us about the inspection of voting machines, jenna . This is a lawsuit that an elector actually brought himself. This isnt the trump campaign, its a completely independent group. Its not our how assessment. Maria Speaker Pelosi is not giving in on this idea of business liability. Some members of congress in states with much lower unemployment are saying how much money are we going to be asked to send to Nancy Pelosis california, to Chuck Schumers new york. Maria if the governments trying to forgive all these peoples student debt, what about the res of us who had two and three jobs during school
In this weeks edition of the talkers. Watch. Now youve got 18 states joining your lawsuit in the same argument. Does that make it more likely that the Supreme Court takes it up or not . Im certainly hopeful given how important this issue is not just for this election. This is about how were going to view our future elections, is this type of election going to be allowed . Maria what can you tell us about the inspection of voting machines, jenna . This is a lawsuit that an elector actually brought himself. This isnt the trump campaign, its a completely independent group. Its not our how assessment. Maria Speaker Pelosi is not giving in on this idea of business liability. Some members of congress in states with much lower unemployment are saying how much money are we going to be asked to send to Nancy Pelosis california, to Chuck Schumers new york. Maria if the governments trying to forgive all these peoples student debt, what about the res of us who had two and three jobs during school