Thank you all. Thank you, thank you so much perrys. Went to welcome it to this session on behalf of humanitys tennessee. Tennessee Arts Commission and a built University Thoughts my honor to host the conversation today between two nonfiction authors who have created what reads as fiction. These are non fiction novels. And i can tell you that by the end of them youll either be rooting for the heroes, hating the villains or weeping with relief that justice is finally been done. So let me introduce you to our authors for today. We have an Investigative Reporter with an author writing arguably about the birth of investigative reporting. So let me bring to the stage the author of citizen reporters, ss mcclure, ida tarbell, and the magazine that re grows america, stephanie bolton. And also joining us today chris hanvey who won a Pulitzer Prize for his reports for the New York Times on how some lawyers and doctors rigged the system to deny benefits to coalminer stricken with black lung diseas
Always had to make sure you have the big stories this is all to International Thanks for choosing us this new about the. Well because it is november 3rd ballots are now being cost all across the u. S. And the most divisive president ial battle in the countrys malton history its certainly the most expensive election of all time and its actually happening in the midst of a pandemic thats claimed almost a quarter of a 1000000 american lives well what youre seeing now the latest pictures from polling stations in 2 of the key swing states thats wisconsin and North Carolina 4 years ago donald trump took both son taking wisconsin whats considered a Tipping Point for the president giving him a crucial lead in the Editorial College count front things could be very different this time around some polls pointing to narrow victory is for joe feiten impose those tuesday. And a sign of growing anxiety Business Owners are boarding up their windows and preparing for the wost there are widespread fears
All that and so much on making money. Charles obviously it was a tough week last week for the stock market but by the time the dust settled the year had become even more screwed as it was. Only 193 stocks in the s p were higher for the year. There were actually more losers on the nasdaq than there were more winners. I have no problem with the hit megagrowth stocks hit. Theyre still under pressure. I expect the trillion dollar stocks to be okay in the long run. But for the rest of the market, there were signs late friday that foreshadowed todays rebound. S p 500 held at a key support level. There was huge buying volume into the close on friday. The 10year yield marching higher. All the issues bothering the market are still unresolved and major indices must close higher to reverse the downtrend. In fact i think the s p 500 has to get above 3400 before you see buying go big time . Where does the market go from here, more importantly where should you be positioned . I want to ask Money Map
Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup