Underway at the masters, while one of the trail blazing golf legends is one of my winners of the week. All that and so much more on making money. Muck charles well, markets rerutted out of the gate erupted out of the gate nicely, but the tale has been the case all year long. The emergence of buyers yesterday is when youve got to watch out. In the final hour of trading all year long, thats when you know the next day is going to be big. Shakeout sessions are becoming somewhat more predictable. To the pros, they buy into these dips into the close, and then the next day the market opens bigger. Put that on your notes for how to make money. Now, there continue to be some dark clouds including, of course, covid cases, a lack of fiscal stimulus and just exactly what the fed is doing because so far not what they promised. In fact, the ecb is doing a whole lot more pumping than [inaudible] meanwhile though, earnings remind investors of fundamentals. Great earnings reports include disney, cisco
Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
Say its an attempt to gag the media and iraq protests in cubas capital. Dozens of odd historian, a demonstration calling for the release of a jailed, spotless government has begun what its calling it final assault on the regional capital of t. Great leaders of the Peoples Liberation front say the city of mckenna is being bombarded by heavy weapons and artillery. But the government rejects allegations and says it is carrying out that allegation that is carrying out indiscriminate shelling the u. N. Has appealed for access to the area as concern grows about civilians and thousands of refugees from eritrea who live in tikrit in neighboring sudan. Meanwhile, authorities are struggling to help more than 43000 refugees who fled the fighting and up to 200000 more i expected in the coming days as get the latest from aljazeera. As malcolm webb who is monitoring developments from neighboring kenya, malcolm, what more 1st say to hearing about the situation currently in tikrit and these reports of
Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A limited Police Presence and virtually no mention about this in the Mainstream Media and so far no statement from the biden harris camp. Bernie sanders now says he has not met anyone who wants to defund the police. Has he talked to aoc . Editorial, the company ministration deserves credit for the Rapid Development of the vaccines. Republican states like florida deserve credit for opening their economies to get the country moving forward and democrat governors in new york and california and elsew
Them out . Palami, welcome to comfort zone. Good to be here. I want to look at 1st, the governments handling of the pandemic in recent months. We know that a vaccine now appears imminent, but after a decade of conservative rule, britain was woefully unprepared to deal with this. Pandemic any pandemic, wasnt it . Despite numerous warnings and dress rehearsals, why was your party asleep on the job for so many years . Well, i think what we saw with the pandemic was that the vast, vast majority of countries found themselves unprepared for it. And the reason for that, the fundamental reason for that was that the nature of the pandemic wasnt quite what was previously expressed is expected. What was generally expected by most countries was something that resembled blue. I realize it was different, but look at the figures before the coronavirus hit, the u. K. Had just 6. 6 intensive care beds per 100000 people. Thats fewer than latvia, fewer than cyprus, half the number that italy had, and abo