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Theres some interesting things in the Options Market that could keep the market down for a bit of time. I do think people are underestimating, a, youve got a good economy with a tremendous amount of stimulus coming in and i think that will continue to drive the market higher. Plus youve got a dynamic where the fed has made much of the fixed income market on investable with treasury and mortgages where they are today, when you take the earnings yield well into the 4 off next years earnings that is a pretty attractive asset class and i think it will propel the market higher so election uncertainty doesnt matter much in the near term stimulus talks, negotiations may not. How does that factor in . Its a big call that you make. Youre the one that suggests in our notes today that it mossably could happen or at least start before the election. Yeah. I mean, so listen, the election the election does matter i think what people have started ....
But chairman Lindsey Graham said from the outset he would give both sides plenty of time to ask their questions. He started the q a. This scalia, he asked . Referring to the late anton scalia which barrett clerked and she share. Of the same philosophies. No, you would not get a justice scalia, you would get a justice barrett, she said. Dianne feinstein stepped in a controversy when barrett was nominated for a court of appeals position ago. There was none of that today and feinstein had questioning about roe v wade. Do you agree with Justice Scalias view that roe was wrongly decide . I do want to be forthright and answer every question so far as i can. I think on that question, you know, im going to invoke jug keegans description which i think is perfectly put when she was in her confirmation hearing, she said she was not grading precedent or give it a thumbs up or thumbs dow ....
S p indicated down about 4. 5 looks like the 10year is yielding below 1. 6 . 1. 549 well talk about what china did. Loan rates there dropping as the company tries to take on the impact of the coronavirus. Lets get an update now on the coronavirus. The people on the ship, a couple of people did die from the coronavirus. China as we heard cutting its benchmark lending rate that was expected. Authorities looking to boost the market unfortunately, two passengers from the diamond princess cruise have died. The first reported deaths in connection with the ship which was quarantined off the coast of japan nearly two weeks china is again, changing the criteria of confirmed cases adding confusion to tracking going up or down and whether weve seen a peak or close to a peak l brands reportedly selling shares of victorias sek receipt valuing that brand just over 1 billion. This had been expected that theyd pay for it. L brands chairman and ceo will step down as part of the deal but remain on the b ....
New kill with more on these people that were finally able to get off this hour roaming cruise ship way. Yes certainly an air of celebration as the 1st of those passengers were able to disembark up to spending 14 days in that ship the westerdam now they will be that now taken to the airport boarding charter flights paid for by the Holland America line the owner of the ship and then flown back to their home countries its going to be a very slow process with so many people on board the process of issuing cambodian visas so they can disembark is still going on and again the charter flights have to be organized as well so the company that owns the ship is saying that that process could take 2 or 3 days said the frustration for many passengers on board will still continue but as they came off the ship they were greeted by the cambodian Prime Minister who spoke to those gathered on ....
Recorded a day or like summer. Chinese Health Authorities have confirmed almost 5000 new coronavirus cases and hoop a province that is the epicenter of the outbreak also announced 116 more deaths in the region on thursday there are now nearly 52000 people and the province with the virus new cases surged by almost 15000 on wednesday after doctors and who they changed the method of testing for the illness joins us live from beijing with the latest so theres been this huge number increases in the in the number of cases training but the government is trying to form some sort of new treatment tell us about that. Thats right so the government with this new these new increases we had another 4000 cases announced in the last 24 for hours and then theyre trying to tell the public look this is all because of the change in diagnosis it wasnt the fact that there was a jump in these figures this is the people who are suspected cases those ....