worldwide, a number of stories, including 21 days to the election. both campaigns gearing up and fine-tuning. we are distracted by bank earnings. jon ferro, jp morgan doing better than good. citigroupi am getting , on first blush giving us the same enthusiasm we heard from jp morgan. jonathan: jamie dimon s jp morgan delivering the beat, and it looks like city group is repeating the action. figurepoint out, the eps third quarter, $1.40. a little bit of an upside surprise here. i believe we have sonali basak with us. what are we seeing. sonali: we are seeing a beat on revenue, on fixed income. we are seeing loan-loss provisioning higher than what jp morgan put in, but lower than what analysts expected. perhaps wall street has just gotten it wrong compared with the banks are expecting in terms of loan losses. they are higher than jp morgan, so we are going to want to understand why the divergence, but overall, pretty clean numbers here. tom: as we see the numbers come out, we a
reaffirmation on the american labor economy in this hour, claims, and all of the various numbers that come out with it. forget about the markets. forget about the chancellor of the exchequer actually dealing with the united kingdom labor market. it is a question of millions out of jobs. jonathan: permanent job losses as well, and permanent shifts in the economy. that s got to be my big take away, government confronting the idea that perhaps we are seeing permanent shifts in the economy, and they need to allow that creative destruction, the powerful transformation of capitalism to take hold and maybe step back a little bit more. i ve got to say, some people will push back aggressively against that and say this is a pandemic, it will pass, and perhaps we will get some return to normality. that will be a debate for the several weeks, months, and hopefully not the next several years. tom: david kostintom: will join us from goldman sachs with an important discussion on the equit
let s check in on the s&p 500 before taking a look at that tech strength on a two-day basis. higher over the that last two days. this after last week s gain. best week since march. the buyers really trying to take control after the uncertainty and the volatility of october. the worst month for the s&p 500 since 2011. less volatility and the elections one piece of that. s rate, first ch of all, you ll note that most of he sectors are higher. communications, facebook and some of those other companies that had been in the technology and consumer discretionary faces. tech incompetent .8%. a bit of a buyback to some of the weaknesses. and other big tech names, apple. let s take a look at the board of apple and some of those apple chip suppliers. they had bounceback year. apple up after having its worst two days on five years in the outlook. the disappointing fourth quarter report and disappointing on a production boost that might not be coming. and finally, guy, let s look at the
score for you this morning. oh, i missed. you did? every bit. me too. sleeping? i know, i know. so this is news to us, too. good day everyone, wednesday, october 22, 2014. 4:01, sue. i saw hunter pence hit a homerun. i thought to myself, why isn t he with us any more? and then fell asleep. so little more, but we ll tell you what happened with. that will but we really have to tell you what s going on here with satellite and radar. you see a lot of lightning popping up as we told you, you might be hearing rumbles every thunder where you are. we ve got northeastern maryland with some lightning strikes showing up there, also along the jersey shore, let s show you atlantic city, some of those thunderstorms have moved up to the northeast, some have not, in upper township, we may be hearing some thunder, smyrna, delaware, some pockets of heavy downpours, really random, you could be in philadelphia, be completely dry, then be out in chester county, and be seeing some
you re not regular by any means. he ran into a burning building, saving three children, how he sprung into action, at soon as he saw that fire. hey, mo ne? this summer was the best summer of my young life. you got that right. she is going to see the usa in her chevrolet. ya, has a national commercial. way to go, mo ne. i met her last night. you didn t. i yes, did i. how is she doing? great. she had beautiful dress on, looking just fantastic. welcome everybody. hi, alex. hello. 7:01, we have little quiz to start the show off with here today. you know, certain people make it top of their protest, top their crafter. without one philadelphia and, that you will meet today on our show, this moment probably wouldn t have happened. neither would boys in the hood, romeo must die, best man holiday, this man has already received the key to the sit of philadelphia, but his biggest honor, appearance on good day philadelphia coming up. start guessing who he is. here