Abramowicz. Jonathan live from new york city, good morning, good morning for our audience worldwide. This is bloomberg surveillance alongside tom keene and Lisa Abramowicz i am jonathan ferro. The best day of gains since midseptember on the s p 500. Bonds are just settling down a little bit. Tom i will go with that, but it is fragile. I would say that it is a fragile calm at best. After the festivities in washington, the matt gaetz interview yesterday, i have had time to look at a set of charts. I wont bury you with the details but it is a peter pan economy. I have never ever seen some of these charts in any of my studies. We are in a bond land that is never ever. Jonathan the Bloomberg Team has done fantastic work on the numbers. The price disruption. The bonds showing 10 years or more. Slumped 46 since peaking of march 2020 according to data bloomberg. Just shy of the plunge in the aftermath of the. Com bust. The destruction that weve seen in bonds is almost as bad by some measures a
With Steve Paulson. Pretty mild weather. Well its getting warm. Yeah, it is getting it felt a little warmer this morning. Okay three days is going to be an upper 80s, low 90s, inland. Theres no fog out there at all at all. So 50s on the temps right now and if youre looking for warmer temps theyre on their way. Theres nothing out there. So the coast is clear skies are clear and temps are bumping up 70s 80s to near 90 degrees. Thanks sals out there telling us that hopefully its quiet there are some cones here and there. No, youre kidding. Theres cones on 80. Yes here and there. Steve have you talked to your doctor about kilonova yet . Yes, i have. You know, its an expensive prescription, so i just lets lets. Ill come back. Lets go. Lets go out and talk about 80. There were some cones. They picked them up near the carquinez bridge, westbound 80. So thats nice and clear. There are some cones here in san pablo as you drive. Its not affecting traffic. People are driving by at the speed limit
Plots and they wrote these guys into do it and now to las vegas, the mystery deepening. The police there just wrapping up a press conference moments ago. They still do not have a motive for why the mass murderer Stephen Paddock committed the most deadly mass shooting in American History but more details continue to come out about the killer. Welcome to risk reward im elizabeth macdonald. First your money the dow hitting record highs nearing 23,000 despite a disappointing jobs report for september. 33,000 jobs lost due to hurricanes irma and harvey. The restaurant Hospitality Industry hit hard. A good sign though more people pouring into the workplace, a Record Number of people in the labor force, now at 63. 1 and wages growing nearly 3 yearoveryear and were on this story tonight President Trump doubling down on his recent calm before the storm comments at a photo op with the military keeping up the mystery of what he means. Weve got an allstar line up to weigh in. Former Deputy Assista
Multiply. We grow nearer the hour of maximum danger. History is on the side of freedom, on the side of societys shape from the genius, history does not favor a single system or belief, unless force is used to make it so. We to end welfare as a way of life. Our generation must show courage in a time of blessing, our nation has shown in times of crisis. Liz were hours away from President Trumps first address to a joints session of congress. Less than an hour away from fox businesses special coverage, starting with lou dobbs, followed by neil cavuto, welcome to risk reward, i am Elizabeth Mcdonald in for deirdre bolton, the president is walking into hostile territory, skeptical republicans fresh from fierce town hall protests back home, and democrats who want to make the president as seemingly as ununtrusted as they are. But polls show that americans like the president. 3 growth, double what obama delivered, that means trump must deliver the trillions of dollar, president spoke e exclusiv
Brilliantly used those laws. Liz donald trump with a fullthroated defense to a New York Times story that he did not pay taxes for decades. He blamed a nearly 1 billion loss on his 1995 tax return. Its good to see you, steve. Is this smart for donald trump to give himself that hes making a brillant move here . Let me say this. I think this whole story by the New York Times has been trumped up so to speak. The idea that you cant take a tax writeoff for loss, only somebody who knows nothing about business like Hillary Clinton would make that claim. Businessmen and women know this is as standard feature of the tax system. When you have a bad year you can write off losses against profits in a good year. I have never seen his tax returns. His companies paid 100s of millions in taxes and 100s of millions in property taxes. So he has been a tax generator. Im not so sure hillary can make that claim. Liz he said he has a fiduciary responsibility to his family and company and he has he paid promp