Even though the gains have been so big, up until now it doesnt mean you should bail out and not get in on the game. I do wonder, jon, especially if we dont get a fiscal support package, especially if we do get increased deterioration in the economic data, i do wonder if well see a change in sentiment. Jonathan what if we get more restrictions . California, the governor, mr. Newsome had this to say yesterday. If these trends continue well have to take much more dramatic, arguably drastic action. If hes implying they might have to have a shelter in place order like back in spring or a flavor version of that, how do we get through that if we dont have the fiscal hand down from d. C. . Thats the question going into december and 2021 . Lisa the markets have shrugged this off completely. The deterioration some of the High Frequency data. If you want to look at the v shape recovery check out manufacturing which brings us to what we are looking at today. U. S. Manufacturing data, construction,
Lets begin with a check on stocks lets welcome in brian belski. Thank for having me ambitious call. How do we get there . This will be a transition that takes several months if not into the year you, well into 2022 the unprecedented price moves in 2020 are going to turn into, we think, unprecedented earnings move in 2021 we think financials, Consumer Discretionary will lead the way. Were maintaining our stance of being neutral on technology and Communication Services over the next three to five years theyre by far our favorite sector in terms of growth we think this is going to be a turn around in terms of Earnings Growth theres no doubt that the vaccine is helpful, no doubt stimulus will be helpful, but theres also no doubt we are going to have more stayathome orders in the United States and therefore the stayathome stocks will do very well the bull market continues, we continue to believe that march 23rd, we dcontinue to believe that march 23rd was the controlaltdelete were bullish w
Shares of boeing helping lead the dow higher following positive comments from a top european safety regulator about the future of the 737 max. More on that in just a moment. Boeing is up about 3 . The s p up around a percent, close to that at the moment, 59 minutes left, sara. Coming up on todays show, shares of Kansas City Southern they have held up relatively well this year ticking lower on the back of earnings today we will talk to the railroads ceo about those results. Plus we will talk about the impact the coronavirus is having on the world of sports with the ceo of a Testing Company they test for big 10 and pac12. The company is quidel. Their stock be that flying 58 minutes left of trade, mike santoli, megger theel and joining us to talk about boeing today is sheila kaiialo. Mike, the market strong. A gentle rise the market found its footing for the second straight day around the time the european markets closed in the late morning we have been trudging higher since then the s p
We . President trump threatened to release the full tape of his 60 minutes interview before the edited version and sunday night. He wants to show the leslie, interviewer was hostile and dismissed allegations of hunter biden as unverified. The media stacks the deck against the president. 60 minutes also interviewed joe biden. I wonder if he was asked about the emails which are being confirmed by fox that suggest china paid off the bidens with millions of dollars. So far he has not answered those questions publicly. He should because we may be electing a president under the influence of chinese money. Theres another court ruling that could they an election result in North Carolina absentee ballots may be counted 9 days after election day so long as they were mailed by november 3rd. Pennsylvania counted the count deadline by 3 days. Bottom line, if its close theyll be a delay. And if theres a delay, itll be contested and thats when things getting usually. Its time we dealt with your money
Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.