Tom keane taking one final day off. This market ripping through the month of november, adding weight to the rally this december. Lisa up 1 on what . Nothing it seems ahead of this testimony with chairman powell and secretary ma nuche chin. Lisa tom keen is so upset hes still in triple leverage all cash funds had he to take the time out to start his own Cooking Channel on twitter which is what he seems to be doing over the past few days. There is a question how much good news is baked in. We have gotten some news about vaccines looking for approval. Yet at this point, you have raised this again and again, john, how much scarring is there from record numbers of cases of covid, as well as hospitalizations. The numbers keep breaking all time highs. Jonathan the numbers arent going to be great the next couple months. Thats a given. I dont know how much we need to see thats really going to weigh on people considering how well anchored their outlook is for 2021. Vaccinations could begin in a
Al this is al jazeera live from doha youre watching our continuing u. S. Election coverage including. Supposed to celebrate bidens win across the country including the wattles. By donald trump and his supporters a defiant president showing no signs of conceding as he prepares to challenge ballot counts in several states. That hasnt stopped leaders from around the world applauding joe biden including many who have had a rocky relations with trump. Joe biden has declared victory in the u. S. Elections earlier he and his running mate carla harris. Addressed the nation from his home state of delaware he spoke of uniting a country that has seen deep divisions with a pandemic and racial unrest from dominating headlines a White House Correspondent Kelly Holcomb reports. Addressing the nation for the 1st time as president elect joe biden spoke to a divided america and appealed for unity. People of this nation have spoken. They delivered us a clear victory we won with the most roads ever crash
Republican senator inpatient as well. I cant see how we can go home failed. People we they will all have to go home at the end of the week and tell people they failed. Lisa and there is pressure from President Trump that if you dont do it, he will go at it unilaterally. You have to think that he is adding to pressure to passing this through for republicans. Also today, what am looking at, to the clock a. M. , u. S. Durable goods and factory orders. Gauge was the strongest since september 2018. Aftermarket today, disney reports earnings, expected to have a lost. But everyone looking at disney plus, what kind of traction they are getting their earnings. Did you get disney plus just to watch hamilton . Jonathan of course i did not. [laughter] lisa i am shocked. Jonathan full anyone else try to buy tiktok . Tom im glad you asked. Lets put it this way. Disney has 14 billion in cash. Billion inas 140 cash. You do the math. Jonathan i think microsoft has the money to get it done. Did you see
The moon right now. We will do that in a moment. But it is allencompassing, this political battle in washington. I am just going to go to the round number. How do you explain to 30 million americans that there is not a check in the mail . Jonathan you cant, and that is the problem. Insurance. Employment payrolls friday, the unpredictable print, and i think the most unpredictable in quite a while. Lisa politically, it makes no sense not to extend the enhanced lemon benefits, and yet they are still negotiating. They have already expire. What i am watching is how big the deficit is going to get area the u. S. Treasury department is going to be laying out there barring plan deficit is going to get. U. S. Treasury department is going to be laying out there borrowing plan. Watchingso going to be President Trump. Sorry, i am going to talk about tiktok. Hes going to give guidance on u. S. Ate of tiktoks operations. It is not enough to offload the u. S. Operations. President trump is also the c
Gold breaking out, comfortably three 2000. Lisa which is interesting because you are getting a risk off deal. You are getting a risk on feel. The private payrolls expected to have a modest rain at 8 15 am, not including the state and local government jobs, which are expected to state weaker performance. The financingget plans from the treasury department. At nine 45, we get u. S. 9 45, wepmi data at get u. S. Services pmi data. Jonathan lets get straight to the price action. We wake up from the tuesday snooze fest with some moves. The euro out to 1. 1834. Yields lower yesterday. This morning, up to 0. 53 . Thats the price action. The question of this morning in the keene household, in early september, tom keene has arranged for a day off. 29. 99 on spending mulan . Tom we celebrated the Disney Release last night by 2. Atching frozen not as good as the first one. Jonathan i saw the big news up front early this morning. The trading week does begin on a wednesday. The data coming out late