Grea fort bragg and oth installations and call North Carolina home, eve for a thanks to our colleague for joining us today. Madam president , thanksgiving dinner has become the single most sell grated celebrated meal of theay. With tens ofmericans gathering with family and friends to give thanks for their bleings and of course for one another. Folks, i know that this yr its a lot different. While we sti have so much to be thankful for, the covid1 paemic means folks will be traveling less and might not be celebrating in larger groups. And as a result, many will be separated from their loved ones on this very special day. Bu folks, this is a very familiar feeling for anyon who has ever served in our Nations Armed forces. Protecting our nation. Rom at any given moment, thousands of men and women,oms and dads, brothers and sisters, are stationed arnd the world standing vigilant in the defense of freedom. Those wearing the uniform arent the only ones making a sacrifice either back home ther
Predictability. Strong winds blanket the bay haze fromdark, thick wildfires throughout the state, rolling blackouts as firefighters prevent more fires from breaking out amid extreme weather conditions. Joining us now in new york city, bloombergs abigail doolittle. I hope you have clearer skies than we do today. I want to talk about the tech rebound, the biggest rebound after the worst stretch since march. Saying you nailed it the only certainty is volatility. That is going to continue, it seems the worst stretch since march, and then today, the best day for the nasdaq 100 going back to april 29. The big question is whether it will last. Will investors continue buying the dip, knowing what they know about options volatility going into august . You jump in that huge down. Apple and tesla, certainly a good day for each. Apple, down 4 , excuse me up 4 today after dropping more than 10 over a few days. Nothing changed in that story. That tells you the degree of hesitancy, uncertainty on the
Asia braces for a second wave. This hour brings the latest check on the japanese economy, we await gdp Growth Numbers in a quarter dominated by the outbreak. Lets take a look at markets as we set up the trading session. We are seeing this with u. S. Futures. Backandforth between washington and beijing really dominating our can sentiment at the moment. Seeing new zealand trading on , as new zealand moves out of the restrictions. Positive upside,. 6 higher for australia futures going into the start of trading today. We are watching the yen, which has been seeing strength. Looking at positioning by money positionsnet long yen are being extended. There could be further upside with the japanese currency. Seeing upside continue with wti. Gains ineen the recent oil, shery. Shery we see more economies reopen and we are hearing from apple. They are saying nearly 100 stores globally have opened their doors again. Are refining it doesnt mean stores will not be shot if needed. Apple saying the sto
Sessions we have all the angles of this market selloff covered for you, though but first, joining us for the hour is aerials investments director of research, Charlie Bobrinskoy here at post 9. Thanks for being here. Thanks for having me. Pulloff pulloff, correction, selloff, pullback, was this over due . Well, no, things changed today. The momentum had been wonderful around trade and people say that people spend too much time worrying about trade. I actually dont think thats true free trade is very important and people say in 1776, the most important thing written was the declaration of independence. It wasnt, it was wealth of nations by adam smith the idea that trade helps us all is something that the markets believe in and when that gets called into question, you get an appropriate big reaction do you think that it is, especially based on the comments we got from President Trump today, do you think that the market is, especially with this pullback that we have seen today, do you thi
Not spooked by anything happening at Federal Reserve and dow, nasdaq and s p at records at the moment after the Federal Reserve held rates stead i did for fifth meeting in the row and fed chair Jerome Powell answering questions for reporters. Lets go back there live. Early parts of the Pandemic Recovery have mostly been resolved. Youre seeing high job growth, youre seeing big increases in supply. Youre seeing strong wage growth but wage growth is gradually moderating down to more sustainable levels in many, many respects and the things are returning more to their state in 2019, which we can think of normal for this purpose. Thats job openings and quits and surveys of workers and businesses are interesting on this and how tight is the how easy to find a job and how easy it is to find a worker. Those have both those surveys have both come down. The labor market is in good shape. You know, you do see things like the low hiring rate. And people made the argument that if layoffs were to inc