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Market. President trump intensifying already intense travel schedule eight days before the election. Where is joe biden. Liz peek calling his very bad week. The senate will confirm amy barrett to the Supreme Court today. She was impact immediately on everything from health care to the election. All that and so much more on making money. Charles so last week the stock market struck gelled to gain traction, right . We saw it every session. Despite amazing earnings ruts with revenues and earnings significantly above the historic average in terms of beats, positive guidance is at a record high. It has never been that high. Were stocks priced for perfection . We saw the headlines. Theyre blaming soaring covid19 cases. Fading hopes for fiscal stimulus, all for the market which stumbled big time out of the gate and hasnt recovered. There may be Something Else at play although i admit ....
Polls. I will ask liz peek for her thoughts and more all that and more coming up on making money. Charles so after failing to hold on to early gains the market is Building Momentum to the downside. We havent gotten into panic territory but theres a fair amount of frustration especially coming to nasdaq which continues to stumble. Well see what this is all about. When it comes to the economy, well the u. S. Consumer is in very strong position right now. The lowest disposable income ever. This powered credit schwarzenegger to the highest point ever. Wall street is looking 2021 earning to eclipse 2019 although there was stronger yearoveryear estimates when you go back to july. Back then the street was looking to 32 increase. As of this weekend a 26 increase. As for now the market continues to grapple with the inability to widen the rally as the same names move higher. When the growth names falter the entire market falters and beco ....
Profession to treat the practice of law as allconsuming while losing sight of Everything Else but that makes for a shallow and unfulfilling life. I worked hard as a lawyer and as a professor. I owed that to my clients, to my students and to myself. But i never let the law define my identity or crowd out the less rest of my life. A similar principle al applies to the rule of courts. Courts have a vital responsibility to the rule of law which is critical to a free society but courts are not designed to solve every problem or right every wrong in our public life. The policy decisions and value runments of government must be made by the political branches, elected by and accountable to the people. The public should not expect courts to do so and courts should not try. That is the approach that i have strifed to follow as a judge on the seventh circuit. If every case i have carefully considered the arguments presented by the parties, ....
I will ask Liz Harrington from from the rnc. The polls ask which candidate is better for the economy, perhaps the better question which candidate is better for your personal finance . I will break it down for you on making money. Charles the market began the session with a little gusto as investors were excited about the idea that President Trump could be returning to the white house while tell holding out Hopes Congress will push through a stimulus plan. The president also talked up the market with a series of tweets. Meanwhile the session is now exactly the opposite of friday where traditional safe havens were higher while technology was the worst performer. Even today technology not the biggest winner. Investors focused on value and material names. But there issues facing investors. Until major indices clear certain ....