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Otherwise known as a National Security adviser. I want to welcome all of you here who are able to join us and the audience watching on livestream from the hudson web site but also a special welcome to our cspan audience who will be following this event on cspan2 today and we are to have you here if only virtually and delighted to have everyone who could participatete in this discussio. As i think is going to be one of the most interesting and significant events that we have done here at hudson particularly given the fact that we are less thanan a week away from the election. So many of these issues we are going to be talking about today the question of what americas going to do and where americas going to go from here those issues are going to be decided very soon and so what happens in our discussion here i think will help us to understand the guide to what takes place regardless of who it is who will be sitting oval office co ....
But also a very special welcome to our cspan audience who will be following this event on cspan2 today, and were delighted to have you here, if only virtually, and delighted to have everyone who was been ablo participate in this discussion. This i think is going to be one of the most interesting and significant events that weve done here at hudson, particularly given the fact that we are less than a week away from the election when so many of these issues that were going to be talking about today, the question of what america is going to do, where americas going to go from here, those issues are going to be decided very, very soon. And so what happens in our discussion here i think will help us to understand as a guide to what takes place, regardless of who it is who will be sitting in the oval office come january january 21. I want to say a few words about our distinguished guest. Robert obrien was born in los angeles and graduated from the university of california berkeley with a law ....
Runs here. They were safe bets and safe harbors in the middle of that whole virus storm. Apparently proving that even after the fact right now. The point in the selloff, everyone was abandoning stocks, no matter what their business prospects, how many regret doing that now . Knowing that all of those issues have come storming back, in fact race to highs beyond their old highs. And, look at the dow, look at s p 500. Even with the selloff here, five, six Percentage Points away from alltime highs. Not too shabby. A lot of this is built on optimism, today notwithstanding about the reopening of the economy across the board despite more than a dozen case reporting spikes in cases, most say the spikes are manageable. That is really in the eye of the beholder. Jackie deangelis breaking down what were looking at. Reporter good afternoon, neil. You point out the nasdaq is moving higher but the rest of the markets are pulling back. You ha ....
A country eases restrictions and restarts professional sports and the biggest t. V. Network in the philippines is ordered to shut down after and lengthy dispute with president ordering go to take. The air one of the toughest coronavirus lockdowns in asia is to be eased even further hong kongs chief executive kerry lamb says cinemas and bars can reopen later this week while secondary schools will restart later this month a knock down was imposed in hong kong in march theres been no new domestic infections there for 2 weeks now elsewhere though the u. K. Is still in the grip of the pandemic it now has the highest number of deaths in europe and russia has reported 10000 new cases for the 3rd day in a row it brings the number of confirmed cases there to around 155. I found a worldwide more than a quarter of a 1000000 people have died this is the John Hopkins University corona virus tracker it says they are more than 3 and a h ....
And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers and a little more stock picking and less indiscriminate selling all sets us up for a good bounce on obviously expectations of policy traction that were getting from the fed and congress likely. All that seems to say its a bounce, a very strong one, its an overdue one will it carry on to anything i dont know that we can say for sure, but i like to say every bottom start with a bounce, not every bounce becomes a bottom. In the meantime just i think to put your point into one phrase, its turnaround ....