It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to
Amy is fair but digs deep to the polls and other election related data. And with those Echelon Insights of the next generation of those analytics and as a pioneer getting the start and the recent paper of the 2019 and then to adapt to demographic change. Because of the intersection you should sign up for it to provide unique insights. And the visiting fellow at aei and a lecture politics from real clear politics has an nba just finished a masters in statistics and now for his phd in Political Science. Sean was a coauthor of the publishing fee non introduced in 1971 to talk about individual entries and idiosyncrasies. Is not surprising that they can solve the almanac because the portrait it provides our rich detail and respectful. After Michael Speaks each will speak for eight minutes we want to make sure we have time for all of your questions at this point also to think for all the help to put this together. Just a few weeks ago writing a column on one of the ends most successful Polit
And not taking steps that would somehow be made at the expense of the interests of security of the other members of the o. E. C. D. And this is the basis of our schools concept of security you have it also in the persian gulf we presented this initiative a long time ago actually when it was still possible to prevent. The discoloration we see today unfortunately know that all countries of the persian gulf. Agreed to act. Within the obama shows that they wanted to wait. Until it was raided and well now its over and i would say to late because all of the countries of the persian gulf. Now are thinking how to deescalate the situation and the. This goes to show that its the ideas that we have been promoting for us which they are well in demand these are simple ideas to come to the negotiating table and. Issues because you Start Talking not through mass media. But much through civilized conversation. Without. Talking to. Some out of the outside public but just to negotiate peacefully and i h
Here in new york but the markets are a little soggy right now United Health, the biggest of the dow downers. Morgan stanley lowering its price target but keeping an overweight rating for United Health peleton shares are trading lower marking another disappointing ipo. Bob is looking at some of how the biggest names are performing the buying public is saying prices for ipo is too high even if its centered around sound concep concepts this process has begun several months earlier of 120 ipos that have gone public, 22 have broken their ipo price on the first day of trading. About half are still trading below their initial price. Many ipos started really strong but they have been slipping recently as the investors question the valuation had a great week it was up 26 . Its now 6 this week. Crowd strike was huge back inror months but its down 16 this week mpl peleton off the lows of the day and disappointing debut for the company that makes those bikes and treadmills and offers classes. In w
It really is a mixed picture here the dow is up 49 points, so well off the highs of the session the s p is down fractionally right now, but keep in mind, we are still in striking distance of a potential record close. So the next hour is going to be one to watch closely joining us for that hour is Michelle Mckinnon from Payne Capital management here at post 9. Welcome. Thank you what do you think of this market here . Were poised for gains for the week for all the major averages, but the russell 2000 and the transportation average are both up 5 , week to date. And so are the banks, like you mentioned. What im really looking at is the bond market. We started the tenyear treasury at 1. 55 for the week and now were up to 1. 88 and the longterm treasury are down 5 for the week thats basically two years worth of coupon that you lost. Wow do you think thats going to speak bond holders, that it could go worse than that or not . You know, i absolutely think rates look like theyre going higher h