Confidence unexpectedly pulled back in october. Prospects for employment, income, and of course the economy. Perhaps they should be. Cities forcing to slow down reopening plans. Thee do see further dips in economic recovery, then this would not be good news for state and city budgets already left strained by the pandemic. Many states predicting billions of dollars of shortfalls in 2021. Some states are getting innovative in how to make ends meet, including putting Legal Marijuana sales on the pallet for tax revenue. Joe this has been one area that we have hoped well, some hoped there have would be further aid to state and local governments with a stimulus deal. It has not happened. Largest number of defaults since 2012. Expectations are, at least for that ithat continues. Romaine anything that can be done to sort of bump that backup. A time that they are trying to get out from under. Joe lets bring in Bloomberg Intelligence senior municipal strategist. Lets start with the big picture.
Right. Hello and welcome to another fun filled edition of your romance with me your host meghan lee heres a look at what else weve got coming up for you today. Meet the oldest windsurfer in the world 82 year old woman from greece. And out of courtesy exhibit in london designers have created beds and other concert just for dogs. But 1st we kick off the show with fashion and whats in for this fall and winter now trends and come and go but one unexpected accessory is set to stay with us for a while the face mask well that however is still not stopping fashionistas from making bold statements both on and off the runway we head to paris now for a look at some of the must haves from the one runway shows this past spring before masks were only get 3. Want to perfect your winter look this year french clothing is all the rage its a great look for pretty much every one. Major fashion brands like dior. And fendi popularizing the cool new was that it. Fashion blogger les only hung up says french f
Struggle with a contested election, and i dont think we with a delayed or contested election come i dont the queen of the interest to that. Guy unresolved contested election, and i dont think we know the answers to that. Guy unresolved issues. Services come in, and it is a miss. Just reinforcing the idea that maybe as the virus numbers continue to pick up in the United States, the Services Sector will feel that, and just reinforces the idea that may be of this trajectory continues lower, we will need more stimulus. That is looking a little bit more down right now. Alix and the number of tremulous of stimulus is much less likely now. The president ial election does remain too close to call, and a could stay that way for days. Joe biden leading in the Electoral College at the moment, taking the lead in michigan, wisconsin, and georgia. Going us is jeanne zaino of iona college. Where are we now . Jeanne we are at 238 for joe biden, 213 for President Trump. We are still waiting for several
Color, young people for biden and harris. So we have been doing an amazing effort. We have had working with pennsylvania stands up, great grassroots organization, we have inn training our volunteers sevenhour deep canvassing training. Over 600 of them have participated in this effort. We have made over 140,000 phone calls in pennsylvania in the last 3. 5 weeks. Now we are focused on geo tv. In the early weeks, we were focused on persuasion, listening, and helping to move people along the scale, on addressing some of their concerns if they were either thinking about it for trump, turning them around, or if they were not sure theyre going to vote for biden, moving them along that scale. It has been an amazing effort. I am so proud of our volunteers and people who are refusing to leave anything on the line to make sure we do everything we can to elect joe biden and Kamala Harris. Looks no doubt the efforts we made, the congress woman, what about in pennsylvania or other key states, if the
To suck it up and concede the election. Well get reaction. Well hear from captain america, steve rogers is in the house. On how freedom isnt free all that and more on making money. Another. Charles another intriguing session, with tension in the air, financial media. Certainly not maxed for the market, right . You think about the socalled fear gauge, the vix for instance. It is coming down but you dont sense that, do you . Heres the thing, Goldman Sachs, their chief equity analysts look out for the roaring 20s, 2020s. Famed Hedge Fund Manager bill ackman betting against the market. We have gary kaltbaum, phil blancato, we have joanne feeney. Barry, whose side are you on here, who has it right, Goldman Sachs or bill ackman . Im still trying to figure out todays action, let alone the 2020s. Let me say this, i will give us a little bit of a negative, i wonder in the next year or so finally what Central Banks are doing is up and the markets finally, you know, give it the little repercussio