Vaccine. If you want to understand this market, including today, the dow tumbled 354 points s p lost 1. 23 and the nasdaq plunged 2. 29 with many bigcap tech stocks taking it on the chin. You have to recognize things will never be the same in this country or around the world until we get a vaccine the pandemic, not the fed they know nothing not the election is the most important driver of the stock prices thats right we get a vaccine sooner than expected, we save the economy. But if the process drags on and we dont have any stimulus, were going the need to adjust to the slow to no growth huddle at home normal therefore, our fate is in the hands oh of a few dozen companies. Whoever get there is first is going to make a lot of money thats why we decided to do something new. We surveyed 92 drug analysts, the best we could find, state and local level, to handicap the chances of each of the main players. We dont bet on at least we dont like to bet on lifethreatening situations. This is a te
The Leadership Group right now so joe terranova, i go to you on that note, the melt up in tech seems to be picking up we asked the question whether the growth tech stocks wrestled the market back from value and then thats where the money is going to be made Going Forward clearly the mega cap growth names have wrestled the market back theres an added dimension to it, scott, being popularized in a lot of Research Notes im reading. Pippa stevens of cnbc has a great report element of esg investing and something i didnt think about in prior weeks but if you take all the esg funds, the largest esg etf, its popularized by all the names that youre talking about. The apples, the amazons, the microsofts, so theres an added element to these hyper growth names that are not just about the quality and the cash Balance Sheets and the very visible return to Earnings Growth but an importance as it relates to social and governance and youre seeing a significant amount of fund flows into esg and thats ev
Plus Consumer Confidence slips but less so and bill dudley says the fed shouldnt enable the disastrous path of trade war es ka ligs and should attempt to influence the election not cutting rates further. We have it all coming up in hour joining us for the hour is steve grasso here at post nine good to see you. Good to see you. A wobbly session today in terms of the market. Up on the dow. That didnt hold but we are also kind of oscillating off the lows here still within this monthlong range. I think its about yields german yields, negative yields around the world probably heading even lower from there and taking the equity markets with it. Thats it from the 50,000 foot up and now trade headline, dudley today writing today and trump tweeting dudley in any other news day i think dudley should have been the focus from start to finish but when you have rates and when you have headlines on trade that kind of gets lost in the shuffle and been covering it quite well but that to me is something
The alrighty. Alrighty. Your stories needing updating at 10 am local time here and most goes so much to tell you about today. Here were not the international frets and future stability around the world. Certainly the watch was of the past couple of days here on the russian capital as must go to hosted a key conference on into a national security. Well, the 800 delegates from 76 countries taking part and in his opening address, the russian minister of defense said that the world of reading there is a evolving giving of voice through the previously voice. It is the direction of the special military operation. Put an end to the domain and so the collective waste and the ministry spear, his ability to impose these interest in various regions of the world has significantly decreased. The ongoing changes have increased the role of the countries of asia, africa, and latin america in the world. System today, a reference oppose not by the armed forces, ukraine, but by the entire collective west
The launch go and what are the goals of this program . Speaker of the Slovak Parliament Petr Pellegrini won the president ial elections of the republic, how the change of power in this country will affect bilateral relations with russia, we will not only talk about this with the Russian Ambassador to bratislavia igor bratchikov, he is now in direct contact with the studio igor borisovich, hello , hello, in the president ial elections the candidate who sent. The coalition, the chairman of parliament, won the president ial election, tell me what his vision is relations with russia, and what are your expectations from cooperation between the two countries . I want to make it clear right away that pilligrini does not question the obligations that arise for slovakia from its membership in nato in the European Union, but believes that the country must, under any conditions, in these associations defend its national. Interests, like other members coalition, the elected president believes that