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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 ....
Town halls. Who came out on top . I will ask. Also coming up, pfizer announcing it will hopefully be able to move forward with its vaccine next month as americans try to hold out hope. We have the very latest on the trials and how they impact the investing. Of course, its all about your bottom line. We will talk about that at the bottom of the hour. All that and so much more on making money. Charles all right, folks. The markets bolted out of the gate initially powered by higher than expected retail sales through september. Huge number, crushing wall street. In fact, overall, up 1. 9 . The street was looking for up. 7 . More than 300 more above the 0. 4 in consensus and the control group which goes into the gdp report, up 1. 4 . Department stores, they saw a huge rebound, clothing popped as well. Even the internet, its interesting, though, because it had a more pedestrian move. Meanwhile, restaurants, they picked up really nicely as G ....
1. And funding, expanding testing. Chancellor Angela Merkel says unequivocal proof that Alexey Navalny was poisoned by a military grade nerve agent, causing tensions with the kremlin. A very good morning to you. Welcome to daybreak europe from dubai. It has just gone 6 00 a. M. In london, 7 00 a. M. In paris. November 1, a vaccine is going to be there, going to be in your hands, just before you go to the polls. You look at the equity market, superlatives fly. This is the biggest gain in months. Lets have a look at these markets, because the question is the market . P end the s p 500 down. The biggest gain in two months, yes. It is now very firmly value versus growth. This is what we must debate. Growth, of course, had a runaway train. Is it time to reconsider value on the back of a vaccine narrative . Msci asia up, euro stoxx 50 up. But are we at the start of a in currencies . ....
Thank you very much. Good morning. Thanks to all of you for joining us and to all our colleagues for participating this morning. As you are well aware that every part we are in the midst of a Public Health and economic catastrophe. The coronavirus pandemic has resulted in the loss of more than 150,000 american lives, more than 4. 8 million infections in the sharpest economic downturn since the great depression. The latest projection from the cdc anticipates an average of nearly 1000 deaths per day through august 22. That is 18000 americans who will die over just two and half weeks. Since march my colleagues and i have conducted oversight over the Trump Administrations response to this crisis to ensure it is efficient, effective and equitable. Our goal is clear, to save americans lives and livelihoods. Our message to the administration is simple, it is urgent that we put ....
Comply. Its going to have the phones of journalists and activists but these writing n. S. A. Has just won a legal battle to stop selling its products to some government so whos responsible when Surveillance Technology is misused this is its own story. Hello and welcome to the program im wrong cone activists journalists even the worlds richest man all said to have been hacked by spyware developed by the Israeli Company called the end group but the firm insists its products are only sold to authorize Government Agencies to fight terrorism and crime. Rights group Amnesty International says one of its researches was also targeted it sued n. S. O. To revoke as export license from the Israeli Defen ....