Well, my view is that were coming into this election and were expecting uncertainty. Youre seeing Institutional Investors hedge against a longer period of volatility following this election. Theres clearly an expectation that perhaps tomorrow night we will not have a decision on who is going to be the president of the United States. With that being said, i think, you know, if you look at positioning into the next six to eight weeks, i think its going to be consistent with what were expecting for next year, which is an improvement in economic growth, perhaps an end or an improvement to the covid19 situation and likely stimulus from either the republicans or the democrats. It will look different depending on whos sitting in the white house and if we get a Democratic Senate but for the most part i think that investors are anticipating some stimulus coming out of this the next two to three weeks could be very choppy if we tonight hadon have that decision but i think investors are instituti
Mark meadows and treasury secretary Stephen Menuhin called the lawmakers to pass individual lesson legislation including redirecting 130000000000. 00 in unused funds from the Paycheck Protection Program which was part of the relief package passed in march now although at this time democrats in the house of representatives have insisted on a comprehensive relief bill rather than stand alone legislation like that just like uncertainty over what may happen or what may happen to the u. S. Economy and unemployment without another stimulus bill Global Markets rallied on monday so lets go ahead and take a look at the state of the economy and markets with Octavia Moore and the c. E. O. Of optimists l. L. C. Octavio always a pleasure to have you on the show now if theres so much doubt that a stimulus bill could get done before novembers election why is the market so optimistic about it and getting a boost monday are we any closer or is this just you know algorithms taking up all the chatter. We
Results so i think would like to see a kind of we dont have a clue it would be a quite some time the kind of been. Much much worse this. d position so i think were going to see after the elections. We have a christie i believe us cohost with us as well whos just joining us now i want to propose that same question to you where do you see markets going in this next month and what or what effect will these Upcoming Elections on Global Markets and markets here in the United States. Well i think that 2020 has been a year that has been just marked by surprises and the unexpected so right now the real fear isnt about placing bets on whether or not or the real fear is that the results of the election wont be identified but on november 33rd and even if a winter is identified the transition they dont think its going to be a smooth one so there is the possibility that the election will get disrupted and could potentially even lead to violence so to that end a lot of investors right now they are f
Coronavirus vaccine trial. There are three weeks until the u. S. Election. President trump returns to the campaign trail in florida. President trump now, they say im a mean. I feel so powerful im immune. I feel so powerful. I will kiss everyone. I will kiss the guys and the beautiful women on the everybody and everybody. I was just will just give you a big, fat kiss. Good morning. Manus cranny is off on holiday. Its not even winter and england is introducing lockdown measures, including closing pubs. As the rest of europe, the United States deal with the resurgence of cases, wall street closed higher, with the nasdaq having its best athans april. All of this has me wondering its best day since april. All of this has me wondering, are Financial Markets diverging from reality . Johnson and johnson halting its Covid Vaccine study. S p 500 futures under a little bit of pressure. Msci asia relatively flat. The hang seng index has not traded at alternate due to a typhoon at all today due to
Sales way ahead of the season which would be black friday. Seismic shift here to this calendar here. Does this surprise you . Melody, you start to talk about it since june and every year it is further back. It is making me crazy. I admit that is maybe i am old school, everything you just mentioned until after thanksgiving that to me is the official Holiday Season bahumbug amazon is rewriting the script i guess in some way is good for them we have sales, walmart and target during the week and especially in light of this weird environment we are in which is an expectation of stimulus but no actual stimulus here well, we may be the line of misfit tonight there is no question amazon and walmart are the leaders. An acceleration of all these trends we spent so much time talking about fast money of the trends being pushed forward but already in place 49 measured through last month. As you go into the Holiday Season is bigger amazon about 32. 5 it goes to 38 they continue to take market share