There is the thenwhat later in the week that will be interesting. Francine right. Depending on whether it is a contested election, that is what i keep hearing on the markets, that if it is contested we could see a lot of volatility in all sorts of asset classes. And of course, there is a bit of news on brexit, and coupled with news on restrictions in the u. K. Economy, it is giving us more neutral pound going forward. Lets get to first word news with ritika gupta. Ritika good morning. The president ial campaign is in its final full day. If there is of polls show joe biden leading President Trump nationally and in battleground states. Some of those states remain extremely close. Candidates will Campaign Today in pennsylvania. The state is vital bidens chances, and it could become almost a mustwin state for the president as well. The white house slammed Infectious Diseases chief Anthony Fauci after he ramped up criticism of the way the coronavirus pandemic was handled. He told the Washin
Anybody responsible for that many deaths should not remain as president of the United States of america. Annmarie the second president ial debate is heavy on policies like the coronavirus and policy, but will it make a difference to voters . We are 11 days away from the u. S. Election. Curfews have spread. Governments deploy more restrictions as coronavirus cases search around the con continent. D the france approaches 40,000 new cases for the first time. Barclays reports thirdquarter results amid the pandemic today. Investment banking revenue should offer reprieve. We will ask jes staley what is left for him to do at the bank. Just gone 6 00 a. M. In the city of london. Very good morning to you. If you are just looking up in tennessee, there was a much more composed and coherent debate, a contrast to the chaos that ensued in the prior one. The first topic was the coronavirus, which is once again taking center stage in europe as well with cases soaring. That is the news. Lets take a lo
Higher as well 20 points higher the nasdaq up about 100 points higher meanwhile, President Trump remaining at Walter Reed Medical Center entering his third day of treatment. He left to greet supporters from a distance inside his suv. White House Doctors say the president could return to the white house as early as today. Although others questioning conflicting comments around his health over the weekend. And all of this. Moment by moment throughout the weekend. He joins us this morning whats the latest. Good morning, andrew, we did not get a lot of clarity over the weekend. But meanwhile not providing Key Information here including when the president s last negative test was before thursday the White House Press secretary was asked about that yesterday heres what she said again, not giving a detailed read out of testing but safe to say the first positive test was upon return or at least after. The white house also initially suggested that it would provide numbers or details around how
Screen is driven by not the feds comments, a little boring with the zoom box or retail sales that we got or housing numbers. But what is happening at the mornings Research Meetings all over the country today where the down gained 37 points and the s p dipped and the nasdaq lost 1. 25 . More on that later today seemed like it was dominated by the fed in the amazing snow flake ipo and as someone that helped bring the microsoft ipo to goldman sachs, i know a big deal when i see one. More on the demons the deal unleashed. We had a nice rally going today and thats about what is going on behind the scenes every morning they have a meeting where they pitch the sales force on individual stocks and entire industries as buys or holds or very rarely sells after the pandemic got rolling, almost every piece of research that came out cut numbers. For individual companies and suggested the situation would get worse. The conclusion ive never seen so many sell eric men dae eric men dae er recommendatio
Another hard day for nasdaq which is lacking is spectacularly higher than the march lows. Now its falling back to earth like cooling embers. So far above the average that now its got to freefall the safety net which is by the way, 10851. Meanwhile, all the other nature industries are under pressure, all this on the heels of a report that while encouraging back on congress for more fiscal stimulus asap. Its a rough few days for the market. The last couple weeks, i saw a lot of names that i saw my subscribers when higher. It is frustrating to watch. Every single one has passed my target faster than i thought they would die anticipated a pullback so it didnt say, i asked myself, why didnt i hold on on to this for a couple of more days . Trying to beat the market on a daytoday basis is not but it takes a long time to acquire to discipline and maintain it in real time. My hope is the new investors out there do not have to learn these lessons the hard way. Yesterday a follower of mine on twi