Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Are trying to cast ballots that others are trying to vote twice but theres no history of that happening just to be clear entrust no voting weve been doing a very very long time and United States. Voter fraud is extremely rare in the United States the rules for mail and voting depend on where you live in the u. S. This year 9 states and washington d. C. Sent ballots to voters automatically this is what the president has railed against. In more than 30 states voters could apply for a ballot to send in by mail in these 5 states in order to vote by mail if you have to give a reason why you couldnt vote in person and the pandemic alone was not reason enough. Mail and voting can be complicated for anyone doing it for the 1st time some forget to sign the ballot others dont seal it exactly right this year around 30 states have allowed voters to curate their ballots they contacted voters letting them know there was a mistake and allow them to correct it as america gets more and more used to mai
Peter lynch, once said if you like a product, find out who the owner is because maybe the owner represents a good stock to buy. On that principle, when i heard my family kept going to a company in my neighborhood called fresh fields, an organic food chain, i began to say maybe theres an investment here, so i looked into it, and it turns out fresh fields was looking for some capital. My firm invested. We love the company. Then along came a Company Called whole foods, who said they wanted to buy it. I initially said i didnt want to sell, but when i met john mackey, i realized he had a gifted vision of where this business was going to go, so we did sell, and it turned out he was right. He built an incredible chain, and i still go to the store almost every day. What compelled you to start safer way and then whole foods . You were at university of texas. And did you drop out to do this . John i dropped out of school, like, six times. I got 120 hours of electives. I just studied whatever i w
Who were tears today how for future. G. W. Dot com made a serious film it didnt get. The culture. Of. The 2nd wave is crashing over europe and intensive Care Capacity is close to breaking point. Germany could hit its limit next month france and switzerland my crack by midmonth. Belgium could overrun capacity this week or next. What seemed like huge investments to expand Hospital Capacity now look totally inadequate. Warning bells should have been ringing in early july. Day after the spring lock downs were east but only a few recognized the vibrations that heralded a tsunami of new cases. Experts warned us and for many countries the 2nd wave is already most savage than the 1st Health Systems of running at a limit in parts of eastern and western europe in belgium doctors and nurses struggling to keep up the incidence of coronavirus cases there was the highest in europe at 3956. 00 per 100000 people. This used to be the Recovery Room for patients whove had surgery now it serves as a makes
We stock with the rally on the eve of the vote tomorrow every seconder finishing in the green. The rally after the market hand in the worst week since march. So what does todays Market Action tell us about tomorrows big vote guy, what do you say hi, mel you like my election haircut. I see. Really took it down. Really tight, nice. High and tight. Interesting. Whats it tell you today, i think a lot of people squaring up ahead of the election the vix suggests theres still a lot of concern the six vix at one point traded up to 37. 5 obviously elevated last week saw huge move from 24 to 40. It absolutely mirrors of the move of june 8 to june 11 when it went from 20 to 40 and sms went from 32. To 50 in a Straight Line so the moves are identical, i think if theres a concession speech tomorrow morning this mix of 38 probably has 28 handle theres no concession speech i think the 38 vix remains thats the way im looking at the world right now. Lets be clear, concession speech by either candidate