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Because we lost control of covid19 today went higher. The the s p gaining and nasdaq gaining 1. 02 . Hospitality and leisure. Has the market lost its mind no we are dealing with cross currents any time stocks get hammered, it seems to trigger visceral vaccine reaction good news bails out. On the one hand we know the cavalry is not coming. It is going to be in the form of at least one, pfizer vaccine, wont reach us until spring. In the meantime the virus is out of control we had 162,000 cases yesterday we are in a rough winter earnings from cisco, the networking type and Applied Materials and walt disney which needs no introduction. It is looking like well have a smooth transition from the Trump Administration to the Biden Administration thats a huge strange and even last week at this time, a notion of trum ....
Looking at chinese data coming out confirming the momentum of the return. We have pmi data. Is a look at the benchmarks we are looking at. Some of the foreign exchanges and commodities. Climb. Ing a massive up 3. 4 . The dollar index is moving up. We have seen this drop alongside the oil prices as well. The dollar is one of those in the crosshairs. Gold is steady. Lets get to new york and have a look at some of the first word news headlines, here is karina mitchell. Coronavirus cases are leading to more lockdowns. Germany, and the u. K. Already increasing but controls. Than. S. Reported more 78,000 new cases over the week and after two Straight Days of National Records. Anger is rising across europe as governments impose new lockdown rules. Officials blocks travel from local regions. There is still no national clampdown. The u. K. Will go into lockdown again later this week w ....
Consumer confidence relatively judge the michigan consumers intimate data is a good guide. Lets break it down a different way. Current conditions, 85. 9. That is above expectations at 84. 9. This is what i was really looking for, expectations also ,oming in ahead of expectations but they are still below current conditions, 79. 2. They are not going down, which ethic is the really important thing, as we see the virus picking up. Alix and we didnt get stimulus, counterintuitive to what many thought would happen. Big tex stocks are lower on a stocks big tech are lower on a flurry of data. Now with us, mark st oeckle. Are you buying the dip . Tok i think people need keep it in perspective. The reports were good. I think what we are seeing today is skimming a little but of the froth out of the valuation adjustment. I think they are all very wellpositioned and very well performing companies, but lets also not forget weve had a big run up into these numbers. The interesting part is you look a ....
Way out of recession. Factory performers stabilize while Consumer Spending shows that recovery remains on track. Year profits plummet. Cash earnings falling 52 . It includes provisions for customer compensation. Ahead. Omaui lets check in on the markets. A big week indeed. We do have asian stock futures gaining for october with friday a significant day. The start of another trading week, we do have a bunch of asian pmis do today alongside more data from china. And the offshore yuan will be below 670 after a fivemonth game. Focus with as a and alibaba. Waiting on a big milestone this week. The hong kong dollar on friday following the most since june after its close. Amid this frenzy q÷d it has been fraught with twists. None of it seems to have altered the course set month ago as joe biden continin handful of states. Pennsylvania is a huge one but everyone has been talking about ohio and the upper midwest. As well as georgia and ....
This company will capsize. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2010, Justin Romines started rayjus with his fishing buddy, ray odom. Justin if you take the graphic stuff out of there, i bet you its almost. Lemonis as 50 50 partners, their goal is to bring professionallooking sports shirts to amateur fishermen. Katie we only need five small. Justin okay. But were short this material for all this . Katie correct. Lemonis with little experience in the apparel industry, they set up a fullservice operation in lawrence, illinois, where they cut, sew, and print customizable garments. Katie i exp ....