lockdowns as coronavirus cases spike. home sales hit a 15-year high but weekly jobless claims unexpectedly rise. i have a question for you guys. is chicago the nation s canary in a coal mine, as new york city s mayor warns indoor restaurant dining is on the verge of shutting down again, and the center for disease control today recommending against thanksgiving travel. we are live in the windy city, where it already begins to lock down again. refi rush as urban dwellers flee covid and the big cities. mortgage rates are nearing all-time lows. at the start of the pandemic, mortgage guru barry habib told you right here on the claman countdown wait to refinance because rates were going to drop more. he was right. he s about to tell you where rates will go next. it s his big 2021 prediction. the woman with goop on her hands. the venture capitalist who backed the super-hot retail site is here on whether the hollywood a-lister is ready to go public. first, we have a fox busin
sometimes the glass shrinking a half full vessel look like it is overflowing and this is where we areright now and this, after today s session dow closed flat, s&p up 6% and nasdaq up. and let s start with the thing that we all know which is the half full half empty this morning disney launched the new streaming service diocese plus and immediately overwhelmed with traffic and started having outages even though management assured us the technology was solid on the conference call last week. we were told they tested the system in the netherlands which must be a new worldwide peoria but it reminds me of hamsterdam. they botched the roll out of a promising new service but the glass half full people think differently. sure the site crashed but that is because there was so much demand and traffic diocese vetted this platform for millions of people and that wasn t enough. it is not hard to believe it has so much great content that it caused a stampede of subscribers. in reality bot
listen to the exchange. sen. harris: i do not believe you are a racist. it was hurtful to hear you talk about the reputational two ors whostates senat built their career on the segregation of race in this country. this campaignhave litigated on who supports civil rights, i m happy to do that. david: number one, you don t want to be saying i m not a racist. number two, the thing that struck me as i think a lot of democratic voters in the primaries are saying, who can beat president trump? joe biden did not come across as someone who can beat donald trump on the debate stage. alix: it is the optics of a split screen like that. it just shows how much the democratic party has really changed in the last 30 years. david: that was pointed out very explicitly, saying it is time to pass the torch. alix: which they kind of already said it some point before. in the markets, nothing is happening. wait till sunday, when markets start opening for trading. maybe a little volatility because
halfway through 2019 it s the last trading day of the first half how has tech performed what about all of these recent ipos bob pisani has some of those answers and joins us on set. you know what i love? i love how wrong the consensus is humans are terrible at predicting the future and nobody is worse than wall street at it, so remember when we started in 2000, back in january, everybody said, the ipo market, oh, there s going to be 200 of them. everybody s going to go public no one will want all of this stuff. they ll price this stuff too high and the only thing anybody wants is uber and lyft are they sure they want those? everything was wrong. look at the numbers. we re at the first half of the year with. 62 in the second quarter, $25 billion. it was the most active quarter by deal count in four years. it was the most capital raised in five years. and look at the 30% the average return on ipo. that s twice what it historically has been. so the answer was, oh, it tur
rising still posing an all-time high and the nasdaq advancing how is that we could rally so hard much better than this close? closing figures? on generally good news and then lose our momentum. at one point we were flat lining for advancing the final hour of the day. i think we got dragged down by the very same force that allowed the averages to rocket higher than the first half of this year dow gaining 14%. s&p polling 47% and the nasdaq going up 21% and that forced skepticism the market is full of skeptics it s full of bears who sometimes masquerade as bulls. and their doubt is the fuel that lets us go higher. bull markets thrive on disbelief. the moment everyone believes in the bull, the rally is over because there is no one left to buy. let me explain first this weekend president trump declared a truce in the trade war with china and i phrase it that way because it was so one-sided president xi didn t seem to give up everything but if trump is willing to ratchet down the