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For a supercharged economy next year if we get a stimulus package. Traders are already betting on vaccine hopes. Joe, the u. S. Stock market had one of its best months in november. The s p 500 surging 11 . It feels like we are on this track to keep on hitting these lofty highs. Joe it is really extraordinary because yesterday we talked about november was an incredible month. Lots of followthrough. You e th indices in the green today. Once again, we see this speculative exuberance starting to build up. Look at this coal volume. Absolutely surging. If you look at anything today that was back to normalish, it was all highs. Chart of pull up a nordstrom are macys, romaine blackberry shares. [laughter] it is like a blast from the past. Joe anything that was old or forgotten about, it was hot today. Feels like that exuberance is starting to build. Romaine you are seeing investors come off the sidelines. Take a look at the vix because i do not know if it i do not know if the signal is. Some p ....
For winds, this is one of the signs of change just around the corner that robin and i were just talking about that big cool down just around the corner. So we are seeing calm conditions. This morning come conditions into the afternoon too but look at what happens into the start of the evening tonight, see how much those winds pick up not necessarily resulting in heightened risk of fire danger but a sign of that cooler air thats really sweeping in swiftly across the bay area going to be cooling us off into tomorrow and resulting in those muchneeded chances of rainfall that weve been talking about the past couple of days as for temperatures today will be in the 50s and 40s for the start of your day so get out there this morning with the jacket in hand youll definitely be wanting it, especially if youre outside for more than just a minute or 2 Petaluma Santa Rosa dublin among are areas in the 40s right now. Well, oakland conquer ....
Continue to own the majority stake in tictac something President Trump says he does not like were looking into that from the standpoint of buy dance we dont like that ive been just conceptually i can tell you i dont like that. That has not been told to me yet that has been reported but it hasnt been told to me it could be very accurate reporting for a change so if thats the case im not going to be happy with the only this is china which i think it probably is yeah the Chinese Foreign ministry also responded to the latest reports thursday continued to label the situation as unfair. So we urge the u. S. To respect the principles of market economy and fair competition abide by International Economic and trade rules stop politicising normal economic and trade cooperation we can provide an open fair and nondiscrimin ....
A strange twist in all this because remember originally the deal was coming down to either oracle or microsoft then walmart jumped into it and said well well partner up with microsoft will sweeten the deal and it should come to us and then it didnt go into oracle instead so now somehow walmart has jumped off of the microsoft ship and theyre now jumping into this with oracle apparently as you said here in the lead up the c. E. O. Doug mcmillan of walmart is going to get a board seat on to talk as part of this deal and walmart with own an equity stake in the company in fact what the treasury secretary Steven Nugent has said is that u. S. Companies oracle and walmart he claims will together own a combined 50 percent plus of ticket now we dont know that thats true thats just what hes saying but hes saying those to us investors which calling these guys investors is ridiculous right because it does best its almost like highway robbery or ....
Coming up this saga in the fight for tick tock continues as china claims it will need to have a say in the oracle deal straight ahead we dive into the ongoing fight for the worlds hottest social media ad and another week another round of u. S. Jobless claims amid the coven 1000 pandemic later on we break down these numbers and the state of u. S. Markets with a packed show today so lets dive right in. And its a strange concept to think about but within the next 24 to 36 hours President Donald Trump will rule on whether social Media Company tick tock will be allowed to continue operating here in the United States in a move that is unprecedented President Trump will decide whether or not to allow take back to deal with oracle to move forward details of the agree ....