Buying oil from venezuela. It is not even believable. It is interesting, they give him billions of dollars, maduro, the dictator and i call him the owner of venezuela. They give him billions and billions of dollars but then they foreclose on his plane. They take away an old Junky Plane. Its not a good plane. They take away an old, Junky Plane and they say okay, he will buy a much better one. Think about it, of the country takes away his airplane pepes him billions of dollars for their oil, which is the worst oil and it is tar and has to be. There was only one plant and the entire world to refined that junk. You know where it is located . Used in texas but the environmentalist houston, texas, is refining tar. And that stuff is going up into the air. What is the only place in the whole world that can refine that very bad stuff. The state is rapidly going faster with a record 68 Million Budget Deficit last year. 60 Million Budget Deficit for a state. And the government is so incompetent t
Four Laura Ingraham, and this is the Ingraham Angle from new york city. We are two weeks out and kamala o is already trying tof change te debate rules. Speak with the truth is they are trying to get out of it because she doesnt want a debate. Laura and secret Service Agents and head of the rally where trump was almost killed. Ln the service of fbi dragging their feet and stalling us. Judge jeanine senator ron johnson is here tonight. Plus vulgar hollywood selection trying to drag kamala across tha finish line. S going to vote for her [bleepp anyway so dont [bleep] f we went but first, just 70 daysi to go until the election, the biggest question on everyones mind is, where are kamalas policies . The campaign tells her shes flipflopped on all of the previous plans such as banning fracking and Reddit Health insurance so where is new stuff . Well, dont expect to find outka anything between now and november because as kamalas campaign told axios, there is not enough time. That is fine with
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Lets bring in our guests today, arguing that stocks might not be so close to new highs for very long mike wilson, Morgan Stanley, back with us good to see you. Glad to be back. 10 correction is the most likely outcome why is that . Its a continuation from the call we made in september where we got a 10 correction. We walrallied back all this comes back to our framework. We look at the valuation its pretty full volatility has picked up because of the events they know are out there, whether its the virus, the second wave, or the election the premium we believe is a bit understated from where it should be thats all were saying. Its full here these risks are not going away for the next 30 days theyll be with us so, look, the range we put out in august, 3,100 to 3,550 holds. Were still bullish on the vshaped recovery, the call we made a while ago we think its a new bull market. But its risk reward and the risk reward for the upper end of the rage is not that good. If the facts change, could
Good morning. Welcome to squawk box. Andrew ross sorkin with joe kernen and melissa lee becky is off today well go straight to show you how the markets are reacting on the back of that news. S p looking to fall 60 points. The biggest premarket decliners on the you dow looking at boeing, intel and apple off in some cases more than 2 or 3 eamon javers has been covering this story all night and joins us now with the latest good morning. Some very tough news for the president , the first lady and their family as the president and first lady have tested positive first, there was a report of bloomberg that hope hicks, the campaign aid to the president , travels with him a lot, tested positive she was seen traveling with the president on air force one, often photographed without a mask as with we watch some of those pictures of hope hicks traveling with the president a lot of the senior aids there shortly after 1 00 a. M. East coast time sending out a letter saying the president and first lad