Vice president pence, senator Kamala Harris. Faceoff in the first and only vp debate. What to expect and how the night could impact the election. Plus boarded up and seeking shelter. Hurricane delta slams into mexico and heads our way tonight, tracking the storm, as it barrels toward a better gulf coast. Live from cnbc global headquarters, the fact, the truth, the news with Shepard Smith. Good evening again tonight our nation is at an impasse. Many of us and those who lead us are dug in on how to tackle the coronavirus. How to shore up the lives and livelihoods of those caught in the covid crosshairs, the infection rate is climbing rapidly. That is not in dispute, but we as a nation are at odds about how exactly to live with it, how to fight and where to fold as we stare down the killer among us and what to do about the money that tens of millions of americans desperately need stimulus talks are stalled and many who suffer wonder right now if help is coming at all as our leaders play p
Vice president pence, senator Kamala Harris. Faceoff in the first and only vp debate. What to expect and how the night could impact the election. Plus boarded up and seeking shelter. Hurricane delta slams into mexico and heads our way tonight, tracking the storm, as it barrels toward a better gulf coast. Live from cnbc global headquarters, the fact, the truth, the news with Shepard Smith. Good evening again tonight our nation is at an impasse. Many of us and those who lead us are dug in on how to tackle the coronavirus. How to shore up the lives and livelihoods of those caught in the covid crosshairs, the infection rate is climbing rapidly. That is not in dispute, but we as a nation are at odds about how exactly to live with it, how to fight and where to fold as we stare down the killer among us and what to do about the money that tens of millions of americans desperately need stimulus talks are stalled and many who suffer wonder right now if help is coming at all as our leaders play p
Vice president pence, senator Kamala Harris. Faceoff in the first and only vp debate. What to expect and how the night could impact the election. Plus boarded up and seeking shelter. Hurricane delta slams into mexico and heads our way tonight, tracking the storm, as it barrels toward a better gulf coast. Live from cnbc global headquarters, the fact, the truth, the news with Shepard Smith. Good evening again tonight our nation is at an impasse. Many of us and those who lead us are dug in on how to tackle the coronavirus. How to shore up the lives and livelihoods of those caught in the covid crosshairs, the infection rate is climbing rapidly. That is not in dispute, but we as a nation are at odds about how exactly to live with it, how to fight and where to fold as we stare down the killer among us and what to do about the money that tens of millions of americans desperately need stimulus talks are stalled and many who suffer wonder right now if help is coming at all as our leaders play p
Go from tech giants to taxi giants air travel slowly comes back the its a administrator will be here and the billionaire tilman. Hell tell us how the economy could get worse before it gets better welcome, everybody power lunch starts right now money cant coming out of the bond market. Those yields remaining pretty low. Rick has the bond picture. Well go to him on that. Bob has more on this market. The important thing is were at new highs intraday bp well see if we close there. We have our old Friend Technology stocks pushing the market forward tech, Consumer Discretionary but thats largely because of amazon and maybe sochl the ame of the s people the s p is going to have a hard time going down big. Kohls down. Gap down you see these declines this is not about the second quarter. This is about comments being made about whats going on in the third quarter. Look at walmart ceo. He said consumers are spending money but not at the pace they were in the middle of the quarter. Its off to a sl
Dow down about 30 points though fractional moves if you look at whats working in the trade, its not your Traditional Technology and consumer names its utilities, health care and materials. What is netflix big miss for the growth trade is this a warning shot of beloved technology darling getting too high expectation it might be tactically on the short term but i dont think long term. For you to see a true rotation out of growth into value, you actually need to see Economic Growth and acceleration and a little bit of inflation. While we are seeing improvement in growth, we still have a long way to go. Were definitely seeing the better growth. Look at retail sales, Industrial Production this week every week were Getting Better data whether it lasts or not because of the closure is a big question mark. We are seeing better growth. What we dont have is inflation. Thats what value needs to out perform growth for the time being, i think youll continue to see growth in value as i mentioned, ta