Edition of Morning Joe. We hope you are enjoying your Labor Day weekend. Were on tape this morning bringing you some of our best discussion from the past two months, and we start today with our conversation the morning after Kamala Harris accepted her Partys Nomination for president on the Last Night of the dnc in chicago. Willie, you obviously are in chicago. Describe the scene if you will, because it is awfully hard you know, debates, ive heard one journalist after another say never try to judge how a debate turned out, president ial debate, when you are in the room. It is quite the opposite at a convention. You could walk into a convention, you can be watching it from you know, you had the Bob Uker seats which are usually the best seats to stand in, take it all in and say, okay, what is the state of this party. What is your answer to that . Youre right. John and i sat in section 315 Last Night eating those blackhawks and bulls nachos. Yummy. A pretzel with no salt. We really had the
Going home for thanksgiving because theyre already living there. The highs and lows of being und are the same roof with their parents again. First, heres todays eye opener. Your world in 90 seconds. This is a really dangerous critical time over thanksgiving. Make a better choice. Thats all im asking. If you dont have to travel, dont travel. The u. S. Suffering its deadliest day in the pandemic in more than six months. This is not a normal thanksgiving, and to act like its a normal thanksgiving is to deny reality. President elect joe biden addressing america ahead of the thanksgiving holiday uging urging people to stay united amid the coronavirus pandemic. Were at war with a virus, not with one another. President donald trump has pardoned Michael Flynn. Democrats call it a brazen abuse of power. And soccer great, died at the age of 60. Diego maradona. Nick sabin has once again tested positive for the coronavirus. He will quarantine and miss the iron bowel. The baltimore pittsburgh game
When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
Thrilled you are with us on Bloomberg Radio and bloomberg television. It was not the surprise of moderna on the ratios. It was the surprise of how well they are able to get the vaccine out. That lifts markets up. Is a correlated left pop it is a correlated lift. Jonathan maybe the message is dont bet against human ingenuity. Keep the faith and the science. Last week it was pfizer. This morning, moderna. The efficacy rate, 94. 5 . It is where the rally is that gets peoples attention. It is not the big cap tech. The story that rolls up his smallcap america, and the International Value story as well. That is the great debate of this very moment, the shortterm problems, the issues across america, and the longterm hope that we get that texting. Tom lisa, what do we see we get in the vaccine. Tom lisa, what do we see in fixed income . We are not at the full faith and credit of november 9, but what do we see in ig and highyield, as we see yield up, price down . Lisa yield up with full facing
Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com