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Whether or not at this point in the economic pandemic cycle they need to spend that bullet. They will be doing some things that are more accommodative. It will be difficult for them to reverse that policy somewhere down the road. Jonathan mike swell of Goldman Sachs is with us. On treasuries, on bad news being bad news, is that your view of things, how high can we take 10year yield . Mike great to be with you, jonathan. On the there is a cap treasury market, and its really the result of looking away from the slow term where there are certain instances where people think about growth postcovid. We see significant vaccine implementation. The jobs report, it will take a long time to get back to normal. The fed will be on hold for the foreseeable future. As a result, you will not see a 50 basis point increase in the 10year. People should sit tight and recognize that rates will stay low for the foreseeable future. Today proves that we w ....
We the people will not be silenced. Vice president joe bidens camp projecting confidence as President Trumps team is threatening legal challenges. So this race is not over yet. Good evening. Im dan ashley. And im ama daetz. Thank you for joining us. Heres where we stand right now. Vice President Biden has 253 electoral votes. President trump has 214. 270 is the number needed to win. Take a look at how california voted. The states 55 electoral votes went to Vice President joe biden. Quickly after the polls closed at 8 00. All nine bay area counties voted blue. President trump found support in the northernmost counties and in the eastern and central interior. And many groups came out today to secure the vote. A group showed up at facebook headquarters in menlo park about an hour ago demanding that the company prevent the ....
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to dat ....
Increase you dont have to sell your stocks to beat some kind of Capital Gains rate that is quo going to be punitive for rich people im not saying it is solely business as usual. But i am saying that if you own tech stocks, which a lot of people do, there is nothing to keep the stocks from going higher remarkable night, pollsters seem to think there would be this blue wave that got avoided if anything, there is, i think, a recognition that whatever the heck we had before election day seems to be the same after so, david, you know, i feel kind of business as usual for us. Well, it is, carl, not business as usual this morning as you say as the votes continue to be counted in important battleground states. Three you mentioned. Want to add georgia in there, potentially North Carolina, still those early votes, carl, being counted and tabulated and were paying close attention we are, ....
High registration. Were 2000 voters away. The vote by mail ballots have hit historic levels with higher levels than the 2016 president ial election. On the day before election day we had 146,000 in house. Well go over 200,000 today. If you dont fill out the online today you can go to the registrars to fill out a provision ballot. In southern california, someone set fire to an official ballot collection box. It was in baldwin park. Arson investigators say a number of the ballots were burned. The registrars voters who dropped off their ballots should call for assistance. 30 million americans have cast their ballots. Early voting started in florida today with wait time three hours in places. I think people are starting to see the importance of voting and we try the stress its important to vote, folks are taking that opportunity. In georgia theyve seen 1. 4 million voters in the last seven days. Thats up 148 in the first six days of early voting in 2016. New rules for the next president ia ....