Progressives once at that, pushing people to go ahead to vote in georgia, become temporary residents and then leech. That is against the law. You cant do that there. Well find out how widespread that is. The read from the secretary of state says it is more widespread as you know, but none of this was going on in the big election a month ago. Jackie deangelis following all the biotech news and remedy news and vaccine news and how soon do we see it news. Jackie. Reporter good afternoon, neil. Things are moving quickly indeed. Pfizer biontech filing for covid19 vaccine approval in europe. Boris johnson is talking about administering the vaccine in the uk in a matter of days. This morning the fdas stephen hahn at the white house, the white house is concerned that the fda might not be moving fast enough. President trump tweeting yesterday, moderna now applying for emergency vaccine approval. Usfda must act quickly. The next steps are these. Fda outside advisors will meet on december 10th, n
Didnt exactly do wonders for Hillary Clinton four years ago. Were on the latest theme park controversies going on in california. Walt disney land not open yet. Doesnt look to open anytime soon, even though businesses in and around the Magic Kingdom over there are beginning to reopen. Meanwhile the Magic Kingdom on the other side of the country, florida, disney world, very much open. Were on top of all of those developments including getting ready for the the big debate tomorrow. The markets have an interesting way of playing off of that. We have the latest with Hillary Vaughn with the what is in store for the final president ial clash. Hillary. Reporter neil, the stakes are clearly high because both campaigns have indicated their internal polling shows that the race is much closer than what public polling suggests right now. In a new survey from the university of New Hampshire might explain why. According to the survey there are a lot of shy Trump Supporters that feel like they need to
All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
Overwhelmed hospitals in those states. Now the near is that is could, that is all really wall street had to hear. People are picking up out of stocks, theyre moving into things like gold, bonds. A 10year note, for example, where you want to know if people park their cash if they are nervous, remember this was starting the week at around 1 . We were getting very, very close. Gold up 25 bucks there but the 10year note for a while flirting with close to 1 . Now down to. 67. Yield goes down as the price goes up and thats what is happening right now. This could be shortlived. Could be a recognition we run up very far very, very fast, they are selling first, asking questions later. Particularly about the ramifications about all of this it this were to persist. This is not a coronavirus crisis. I hasten to here the levels are very low. Hospitalizations i checked out all the states theyre talking about. The actual hospitalizations themselves are very, very contained. It is the caseload that se
Come back parade. Not startling, but reminder these companies are trying to conserve cash. They look to do it reining in the advertising budgets. The effect on broadcast industry, cable industry, newspapers, publishers, that could be pervasive this is not a shocker. Something i want to pass along. Also broadway right now, it is all blacked out. There are no shows. That will continue to be the case at least through labor day. Were getting word from broadway producers this will be case at least through labor day. Reminders here even when we get back to business it could be slowgoing. Certainly in the new york metropolitan area. Certainly among big corporations that have reining in to do. All right, back to dr. Fauci, the kind of things he is outlining right now, the state of the coronavirus. His concern about not opening up too, too quickly. Although it has been kind of a back and forth on this. Sometimes, no offense to the principles involved, kind of like watching paint dry but if your