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
Jackie deangelis are both in new york. Speaking in new york laura engle is on Staten Island where a local Business Owner continues to defy shutdown orders. Well get to that. Start with you, blake, new developments on covid relief. What is the latest . Reporter i believe Senate Majority leader Mitch Mcconnell is on the senate floor or headed there. If we have the video and take it connell that would be fantastic. If not literally it is happening as we speak. We of course wait to see what eventually come of this. Live look on senate floor, Senate Majority leader Mitch Mcconnell. Just got there. So were still trying to see exactly what he says Going Forward on a pathway potential covid relief bill. We do know, connell that tomorrow the Bipartisan Group of lawmakers put forth this 908 billiondollar plan will actually release their legislative text. That should have an impact on how washington views that proposal. The president s top Economic Advisor larry kudlow was asked about it earlier
To abide by draconian lockdown orders, will have the latest on reaction to all of this and from capitol hill im joined by republican congressman andy biggs of arizona talking about a 35 million covid relief bailout going to want to joe bidens Campaign Advisory firms, what the heck is going on with that. This is the backbone of america being challenged by new lockdown, 60 of americas Small Businesses closing for good or being pressured to follow debilitating restrictions, will hear from the chief attorney from the owners of the Staten Island bar arrested for staying open, our covid shutdowns being used as political weapons, all that and a lot more right here on making money. David stocks are on pace for record close to in the week in a bigness in the november jobs report, the u. S. Added 245,000 jobs last month, that was only half as much as expected, you can see on the right the unemployment did kick down two tenths to 6. 7 but much of that because folks leaving the job force entirely.
Sometimes we start gravelly, then we east into it. We hope you have your breakfast in hand. Will my man told me hit the Snooze Button one too many times. He is not yet to the mountain dew, the first energy drink of the day. I know this is slow morning for pete hegseth. Pete i go up to my office during one of the commercial breaks to get my mountain dew. Will i know your routine. Pete it wasnt going to happen. The alarm went off. I said not today. Here we are. Will here is it what were following several big stories. Covid19 cases spread from team to team. First the Denver Broncos in unprecedented jam after all of its quarter back are declared ineligible today for the game today with the saints. One of the quarterbacks tested positive. Pete the Baltimore Ravens have 18 players on the coach cove reserve lives. The game against the steelers is in more doubt but scheduled for tuesday night. Jedediah San Francisco 49ers faces its own issue after county imposed ban on Contact Sports. They are
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