Contributor. What do we look out for . Spin is the only substantive issue to discuss with respect to this debate, but theres a Closing Argument to be made here by both President Trump and joe biden. Joes Closing Arguments have been about coronavirus. We see spiking in the midwest, and globally a worsening of the situation. Donald trump has chosen to tackle issues such as hunter biden and corruption within the biden family, which is a repeat of his Closing Arguments against Hillary Clinton in 2016. We will see if they have the same impact. Americans have already voted. Why will tonight move the dial . Rick well, it moved the dial in the first debate a bit. No question, the polling taken after the first president ial debate had biden consolidating his lead in almost all of the battleground states and nationally. Some of that has been given back to the field. Donald trump has improved since then. His numbers in states like pennsylvania and a little bit nationally. We know that people are
Fund manager,ous 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 here, so iinvestment 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 whatev
Magnificent seven are in correction territory but nvidias getting a boost ahead of its earnings. And were going to keep focused on those economic challenges in china. The countrys central bank cutting a key Interest Rate by less, though, than many had been anticipating. Oh, yeah, who is many anymore . Slew of press over the weekend as well. The journal writing kind of a devastating headline. Is it over after 40 years . Yes, definitely over. Who can say this stuff . We were here. We were lucky enough to witness the fundamental change in the chinese economy. It happened over the weekend. Happened over the weekend. Theyre trying to be a service economy. That was it. Done. Maybe president xi has just said, you know what . Every bankrupt artist, every ridiculous guy who built too much and every ridiculous person who tried to get extra yield, sorry. Why not . Why not clean up the excess . Well, but the question, of course, is, contagion. Oh, contagion. Yeah, some of the huge promote companie
Chevron missed earnings estimates. Earnings are overshadowed by two major mega deals. We will speak to the exxon ceo darren woods. Earnings shake it off or aint going to be all right. Big week for earnings, big week for telus riffles i am alix steel with my cohost big week for taylor swift. I am alix steel with my cohost, guy johnson. This is the last date we will be in proximity, we will miss you. Im not sure what my takeaways yet. Guy my take away from the european earnings story is they stink. Alix that is supposed to be factored in the price. Guy what they really stink. Todays data fits the narrative in the consumer continues to spend. That is the line between that data and taylor swift. The taylor swift, beyonce, b arbie story has been phenomenal. I wonder if we are running out of steam on that. Spending is a big factor. Fantastic story on the terminal which speaks to this narrative as well, buy boomers, sell millennials. Boomers have loads of money and they are spending. Millenni
Move up. It has retreated from that level, 16 basis points. Really big moves in both directions. The u. S. Dollar index also lower, 12. 67, level on the bloomberg dollar index and you can see oil retreating as well down almost 3 . Two dollars and . 50 for nymex crude, john . When we saw the change in the bond market story, when investors showed a willingness to get into equities they took a closer look at technology, you have nvidia, four down days, rallying 3 right now when the s p 500 at the top of the leader list. And a mike walgreens, jp morgan suggesting that their analyst team sees the worst is over. They like the Management Changes and they see a new path forward. We have been tracking Union Stories across north america. You have a strike action and the st. Louis seaway in canada and we continue to monitor the situation in detroit. Makes performance for the auto stocks. The stellantis tour you have been covering, we have 6800 workers tied to a very lucrative pickup truck plant i