The young and the worried. New insights what genzers are thinking and a surprising divide among young men and Young Women. Converting conservatives, liz Cheneys Message to fellow republicans after revealing she and her father, Dick Cheney, are supporting harris. Many republicans out there saying, well, you know, we will not vote for her but we will write someone else in. I think that this time around that is not enough. I am Charles Blow in for jonathan capehart. This is the Sunday Show. Just 58 days left in the countdown to the president ial election and the long awaited Debate Showdown that is just two days away. Vice President Harris and Donald Trump Will Pleat in person for the first time. The candidates will face off for a 90 Minute Debate in philadelphia on Tuesday Night. Vise President Harris has been hunkering down preparing in pittsburgh. Just moments ago she took a break from prep and went for a walk with her husband, second Gentleman Doug Emhoff when asked she is ready for t
It sums up everything that you need to know in the markets. Equities are down, which means you are getting a flock into full faith and credit. You are getting massive dollar weakness for three straight days. The weakest we have seen on the dollar since 2018. The story of the week, all about gold. Investors watching back in as a hedge against low rates. Big concern about the trajectory of this economy. As i mentioned, some of that trajectory is coming from the fed. They are extending most of their emergency Lending Program until the end of the year in an effort to support the economy amid the pandemic. The fomc kicks off their twoday meeting in washington with a Rate Decision due tomorrow. We are joined by Kevin Nicholson riverfront investment group, Global Fixed Income ceo. I love days like this where i can get a fixed income guy talk about equities. You are talking about the tactical favoring of equities. How much is relative value, where a dividend yield is worth it to basis points o
Struggle just to keep up. Look. I think that all of these have one thing in common. They all believe that the future is a little bit better and a little bit faster to come than many of us believe it is rather remarkable to see a consensus overnight from companies that basically say, you know what . Darn covid full speed ahead that includes boeing boeing has what i regard as being a very bullish scenario involving good cash, involving the possibility of returning to much more flight in, lets say, the next year. And even after 1,600 flights of the 737 i dont think theyre going to call it maxx anymore i dont know i think were growing to have a hard time keeping us down today unless faang keep us us down because the hearings go badly. We have a couple of guidance. Ebay the other one that raised guidance. Starbucks had a lot of things to say analysts recommend stocks its an exciting time. In a lot of ways, youre with a tesla call it turns out tell la sla is goi be a big car company thats no
Green. Were currently holding onto some gains despite the miserable number out of adp, 20. 2 million jobs lost in april looking at commentary from disney and gm on various stages of reopening in shanghai, here in north america and the nasdaq continues to confound some of the bears as it is less than 1 from going positive for the year. Its actually pretty incredible and speaks to how defensive those megacap tech names have been viewed to be by investors in the market and for good reasoning looking at what weve seen so far where earnings are concerned. The other thing to keep an eye on is crude prices after five Straight Days of gains you have futures up 28 for the month of may so far. Those coming up because of the u. S. Private payroll numbers, that 20 million plus drop in april, which was not unexpected but still obviously so painful, especially when you put it in context of being the worse jobless in the history of the adp report that as you balance the daily data that shows decrease
Good wednesday morning welcome to Kirstie Alley im with Morgan Brennan and jon fortt here at the exchange we will start with the markets after the worst twoday slide for stocks with the dow following 2,000 points just to start the week bob pisanis on the floor watching whats going on, on an important day. Very different than yesterday. Early signs is the turnaround is good boeing, gm, microsoft, even jpmorgan doing well. No big selloff midmorning. China rebounding banks doing better still not a big market leader. Semis rebounding industrials Better Energy fading a little bit this has never been a big outperformer at all. Wheres the bottom its very simple, its very unusual to have two days like we saw monday and tuesday 90 downside volume. That doesnt happen back to back very often usually signs of a bottom, whether theyre selling exhaustion or demand is improving. Simple supply and demand right now demand seems robust. In terms of what were doing, i think its alarming to see a 50point