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Have Edward Lawrence and in washington. Reporter they are scheduled to talk about right now. They usually talk about an hour on these phone calls. There is very slim chance of getting a relief package to help americans by election day. President donald trump said this morning it is political. And House Speaker nancy pelosi does not want to help the economy because that would help the president win. His economic advisors say the House Speaker packed her package with a lot of stuff unrelated to the coronavirus. There is a number of political and idealogical points in that have nothing to do with covid and we dont want to go that direction. If it is targeted right, absolutely. It is not it is not going to work. Reporter even if a deal could be reached the president said he would go above 2. 2 trillion, still reaching republi ....
Still down. That is not eating into stocks. The reason why the tech heavy nasdaq is up higher is being helped out by the faang index. At this point the investors who have chosen to invest alongside the fed liquidity efforts and nuanced machinations. They are benefiting with stocks down just a little bit. Some of the stocks are helping out, the stayathome stocks, netflix reports tomorrow. Theyll be interesting to see whether the stayathome companies are benefiting from all of this. Some are making the point people might be at home, but if they are already a Netflix Subscriber it might not boost their numbers. David that is what i was going to ask. How much of this is an anticipation of some of the tech earnings . Abigail i do not they do it is in anticipating, i think it is the momentum for some of the stayathome stocks that they will benefit. One will be that the crisis will last much longer than expected and those stocks are ....
Good. Varney company is about to begin. David lets get right to your money and there is more of it. Markets expected to open higher as china cuts tariffs on 850 products. Come in, market watcher Keith Fitzgerald. Will we hit 29k or even 30k before the new year . What do you think . That is not as outrageous as it sounds. We are within striking distance of that. We got to have a good broad session, but the lack of headlines that are going to interfere with that is key. I think we will get there. David you think of what has happened in the past year and again, a lot of it had to do with the fed, wasnt necessarily because of trade policy, the fed was pushing up rates, that was pushing down the market, but 6,000 points since a year ago, and i think the bottom was actually more than 6,000 points, when you look at it today. What was happening then thats not happening now besides the fed . Well, i tell you what, this is a real testimon ....
Its the late show with stephen colbert. Tonight iowas karen olivio and aaron tveit and a performance by moulin rouge the musical. Featuring jon batiste and stay human. And now, live on tape from t cheers and applause stephen one more time come on hello, citizens stephen thats all right yeah, beautiful thank you. Thank you, friends and neighbors. Welcome to the late show. Im your host stephen colbert. Happy friday, my friends. cheers and applause or is it . laughter its not. Im actually taping this on thursday for scheduling reasons. I previously scheduled myself to be balls deep in an old fashioned. And i thought it was important for me to come clean because of the bond of trust we have developed over the years as viewer and talk show host. I dont lie to you. My commercials dont lie to yo. laughter i mean, it might become a problem. But friday, the day youre in, was the second day of live televised impeachment hearings. And i havent seen it yet, but i can predict what happened in tonig ....
The german tenyear 32 basis points. What is that going to do at the end of the day if they rethink that inflation target . David and what does it mean . Peggy collins pointed out the u. S. Is taking a look at the same thing because Central Banks are saying we had this to ,rcent, it is not this 2 it is not working out. Do we have to take a different approach . Phillip morris the latest earnings coming out. It really highlights those that can take this environment and deliver to boost their forecast, and those that just cant and dont have the Pricing Power like netflix. David then you have honeywell somewhere in between. It beat on earningspershare, a little soft on revenue. It does seem to be weathering the storm of trade uncertainty at the moment. Alix in the market, lets look at how that push and pull is playing out. Netflix well off the lows of the session. Eurodollar taking ....