Toer that joe biden speaks block religious leaders in souls to the at a polls. Then President Trump campaigns in north carolina. Host we are looking at what has become a scene this year, long lines at polling places. Matt, you study this for the bipartisan policy center. Covidear with the pandemic to we have baselines to understand electorate going into this election . This election is unlike any in the past so it is hard to know if theres a good corollary. Already we have seen far more early and absentee voting then it 2016 so it is really off the charts this time around. That lookse a chart at early and in person voting and how it is trended the last couple of years. As folks can see from watching it, the trend has been for more prior voting, either by absentee or mailin ballot, then in person on election day. What is happening in thinking about the conduct of elections, that has led to this . And then accelerating this trend this year . Matt sure. It has been a trend 20 years in the
This event responsible joining us live tonight. As i have the privilege of introduce or gusts, first for jeb bush. Governor bush was the first republican in the States History to be reelected. Under limit government creating 1. 3 million net new jobs and improving the States Credit rating. Currently governor bush is the chairman for headquartered in coral gables, florida. Tonights guest of honor, author of citizen mack, politics an honor able calling, senator connie mack. 1982 he eleft a successful banging career to run nor house of representatives and serve three terms before run fog their u. S. Senate. Then served two terms before choosing not run for reelection. He became chairman of the h lee moffet conference. Ill hand it over to governor bush to begin the conversation and just keep in mine that you can submit your questions through the chat feature and later in the event. Thank you very much. Such joy to have this conversation with a man i admire so much, and ive read the book, c
Were looking at what has become a typical scene, long lines at polling places. Youve studied elections and polling at the bipartisan policy center. Do we have any real baseline to understand what is going on with the electorate going into this election . Matthew this election is unlike any in the past so it is hard to know if theres a good corollary. Already we have seen far more early and absentee voting than we saw in 2016 so it is really off the charts this time around. Host i have a chart that looks at early and in person voting and how it is trended the last couple of years. As folks can see from watching it, the trend has been for more prior voting, either by absentee or mailin ballot, then in person on election day. What is happening in thinking about the conduct of elections, that has led to this . And then accelerating this trend this year . Matt sure. It has been a trend 20 years in the making. Ever since colorado, Washington State and oregon state made it easy for their vote
On the year did not deliver perfection, so we have the big tech stocks selling off. That is a big market drag. Looking at the worst week going back to march. David but they are not buying bonds. What is that about . Abigail it is interesting they are not buying bonds, they are not looking for that haven hedge against the stock. It tells you may be investors think the text selling will be a oneweek type of thing, although a second week in a row, or it could be to your point from earlier around the fed, the ultimate buyer so it some point the fed will be back in. Not that big of a deal. Harder to look at bonds as a cross asset tell given the fact you do have the fed in their. You have the yield curve steepening. That could cause stocks to get more jumpy. It is healthy to have the yield curve steepening, but it can create gyrations. We have oil lower. Do your point they are selling everything on this friday. Guy thank you so much for that report david site you thank you so much for that r
Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats