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Getting back to work versus the Public Health interests here billions upon billions of new debt has been issued, as companies try to fortress their cash hoards. Well talk about the big debt bomb that may be looming and later, the cleveland fed president horror retrloretta me join us to talk recovery and whether the rates are really on the table or not cannot wait for it. Tyler, thanks. Its the financials and the Energy Sectors which are leading the declines again today for more on the selloff, lets get to Robert Pisani hi, bob. Hello, there. And two buckets here this is about the reopening and its about questions on the valuation of the market and the big rally weve had. 60 of the losses weve regained here thats whats going on here. And you can see it in the sectors. Tylers absolutely right banks just having a horrible wee ....
Impacts on housing the states where it may be time to put up the for sale sign. Power lunch starts now im Brian Sullivan a great year for investments keeps Getting Better if you just owned the s p 500 this year, you made more than 25 . If you owned bitcoin to start the year, you made a lot more. Bitcoin up 1664 , but thats nothing. Ethereum, a bitcoin competitor, up more than 7 600 this year. Light coin up 88 today. Mattel is taking a hit, two weeks before christmas the toymaker warning about its holiday quarter. Disney and 21st century fox higher an announcement on their deal could come thursday. Tesla higher as well getting its biggest preorder yet for its latest semiautonomous truck. Pepsi ordering 100 of them all those people could not be wrong on the cryptocurrencies, could there . Wait, theres not that many of them who said shopping malls in america are dead europes big ....
Coming up. We do have quite a rally with the dow in particular. The transports continue higher all the major averages are in record territory. We also have big calls on the Airline Sectors today and the banks as financials get set to report. Were heading into earnings season well have you up to date on those. Lets start on the floor of the new york stock exchange, mr. Robert pisani joining us with a recap of whats going on as we get ready for earnings, right . Yeah, a lot at stake here, but sixday winning streak, just six days in a row since december 17th p nasdaq has the best sixday winning streak since the end of january 2016. Were starting earnings on friday, there are very High Expectations thats my theme. A shortterm risk. The markets. Just on earnings, analysts are much more optimistic we hardly got any last quarter here were expecting bigger beats, not by a penny o ....