Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
Were going to take sharp turn and were going to have a lot colder and its going to be wet as we get into tomorrow, im tracking a storm system that is coming out of the Pacific Northwest going to be bringing us. Lots of wind lots of rain and colder temperatures all have all those details. Coming up in my next full head and ill have that about 10 to 15 minutes for now though lets hit the roads, the dry roads for today and say good morning to robin good morning. Rebecca, its always good to have you here in the studio with us lets head over to the bay bridge were checking the drive into San Francisco. Its packed its not Getting Better at least not right now nothing in the way to cause us and traffic is this. The typical crowd here rolling into San Francisco. So expect a backup that spills through the bottom of the maze. Were averaging 19 minutes which is crowded slow not so bad in the out for you west of Treasure Island as well were checking in on the e sure thats one of your approach is 2
One way to mitigate is set up 529 for theeldes for the oldest. Life changes and you can reassign the 529 plan. You can reassign th the 529 plao the younger brother. There are more considerations to talk about different i guess not so much lineage but i i am losing the word. If you try to go from child to grand child there are considerations in there. Like the gift and tax planning considerations. It is such a small subset of people with those issues. More people are trying to come up with funds to pay for college and end up taking out loans. If i remember correctly, publication 502, i believe the 529 plans are revised a bit. I forget the exact dollar. You can take out to pay for Student Loans. Is that right . You can pay for Student Loans out of it including your own. Francis was talking about transferring to another family member. One child doesnt need it and you can transfer to a family member. This is apart tha a part of thet you can transfer upwards to parent or grandparent. If you
Election system and the 1976 president ial campaign to international audiences. Governor carter, again, is talking in broad generalities. I think this is an instance of deliberate distortion. And if mr. Carter alleges that his holiness by signing that has done it, he is totally inaccurate. Im not criticizing his ho holiness of pope, i was talking about mr. Ford. Governor carter again contradicts himself. I think so he confused the issue. Let me correct one other comment. The panamanian question is one confused by mr. Ford. Again, governor carter is inaccurate. Election 1976, the candidates and the campaign. This is richard in washington. With me in our studios today are professor howard pennyman of Georgetown University and mr. Stephen hess of the brookings institution. We have talked of a of many different aspects of this 1976 american president ial bicentennial year, starting with the primaries back in the winter and going straight through the conventions and the rest. This afternoon
The focus certainly on the u. S. Not only for the infections but of the transition period and what we can expect from the markets. The markets looking at some caution, we heard from Central Banks saying look, the vaccine is not going to be a cureall. If you look at what investors are trying to assess, it is additional stimulus, an economy that has been battered by these coronavirus cases that we have seen going up and up. Treasuries adding to the gains, and if you look at other things we are looking at, you know, the dging higher afterword that Dominic Cummings will leave his role with Boris Johnson at the start of the year. Now lets get to the bloomberg first word news in london with laura wright. Hi, laura. Laura good morning, francine. Powell, ecb president christine lagarde, and Andrew Bailey used a Virtual Conference to highlight the risk. The post pandemic economy will be different in many ways. The 2020 election was the most secure in american history. They say there are is no e