Opportunity for the nation to imagine itself otherwise. Where the country had an opportunity to leave behind the realitycynd how to organize our society and that each of those moments the country double down. And we saw was some call a backlash. We saw instead was an ongoing betrayal. What we think about the post reconstruction. And a lost cause and that anglosaxon and what it meant for the United States and the world as a betrayal. Think the mid 20th century the black freedom movement, law and order and the tax revolt in california, we need double down on our ugliness and here we are facing a chance to we imagine ourselves. If our history is any indicatio indication. Has there been an arc of progress . Of course. My life is not what my fathers life was and his life is not his fatherss. So what does it mean to suggest we live in the afterlife of jim crow is to suggest there has been and indication of change and i think one way is look at American History ofan democracy in the believe t
Saying china is the greatest threat to democracy worldwide. The u. S. The bloomberg u. S. Dollar index. Crude getting a lift after an opec agreement that came through. Theyre going to be keeping curbs in place in terms of production but we could see on a month by month basis some of those curbs being removed. Agrees to ease cuts more gradually. Gold about 1 10 of 1 lower. Bitcoin using some of its sheen and declinings extensive 1 . With all that in mind, lets find out what is happening in new york. Karina we start with the news on pfizer. It slumped on reported may ship only half of the vaccines it planned to this year. Issues supply chain will cut it to 50 million. Anthony found she is taking the u. K. For rushing to clear the pfizer vaccine. Moderna claims it shows what it claims is durability. Republican Senate Majority leader Mitch Mcconnell is calling for a smaller more focused stimulus package for the u. S. Economy as democrats scale back demands to find a route forward. The base
Party, the one that elected the worlds most infamous Internet Bully as commander in chief. And now theyre atop the smoldering heap of the once grand old party. And Marjorie Taylor greene, just one day after being voted to kick her off of two committees, she had a Press Conference with no contrition. Instead, she said she had been freed. So if i was on the committee, i would be wasting my time. Because my conservative values wouldnt be heard, and neither would my districts. It would be a waste of my time. She says now with no committee business, she has plenty of time on her hands. Which would seem to be the opposite of why her constituents voted for her. But she said hes only in it for the trolling anyway. Which prompted Adam Kinzinger to note, this is why i voted yes. She just has a huge desire to be famous. And shes right. Kinsinger is just one of 11 house members who voted to strip greene of her assignments, and also to impeach the animated troll doll who was in the white house. And
Recordbreaking rally after we head into a long weekend while it has been a number to remember, the best month in 33 years, the recent leaders and laggards have been turned upside down chevron leading the way and apple up only 7 power lunch starts right now hi, everybody, im kelly evans. Stocks are pulling back after this huge november rally lets go to dominic chu. A huge november rally thats put the dow at least in some catchup territory as you can see in the 2020 over the last year plus, weve seen the dow industrials just up 6. 5 in that span the s p, meanwhile, is up 16 , nasdaq up 40 . That catchup play in play right now. Watching whats happening with the rotation element weve been talking so much about, as tyler mentioned, look at the way energy has played out just over the course of the last month 38 monthtodate gains for the energy etf financials up 19 . Industrials up 17 the value and economically sensitive sectors are the ones leading the way higher in the month of november. As
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be