Action Toll Brothers and stitch fix stocks are moving. Well break down the trades straight ahead we start with target practice, folks. Looking into next year more firms putting out 2021 s p forecast its quite a range, citigroup 3800 three percent higher than now on the s p at the other send j. P. Morgan 4500 about 20 percent upside so folks as we gear up for next year, which camp are you in guy . Are you at the low end 3800 or closer to jpmorgan. I will tell you what im in i love Tyler Mathison. Nice to see you. Youre the man. Thanks for being here tyler. Tyler, what was that show boldly go where no man not star tr trek you a fan . I never was a fan thats okay. Nor was i chauvinism notwithstanding, for the first time in History Today Global Market exceeded 100 trillion of market cap, 115 percent of global gdp and s p 500 now about 180 percent of u. S. Gdp just ridiculous numbers. So i understand why the market is going higher, i get it, but id about in the low end of that camp, tyler.
A tale harrowing stories of arbitrary arrests torture and killings by the Syrian Secret Police to officials believed to be part of president assads regime are currently on trial in germany these are some of the victims families in front of a court in cordons a visual to remember those who were disappeared or killed in syria its the 1st time suspected perpetrators are standing trial to face charges of crimes against humanity the principle of going to wrestle jurisdiction allows prosecution to take place in germany even though the crimes against humanity were committed in syria. And is one of those who are closely following the Court Proceedings she is one of the countless syrians whose families have fallen victim to the civil war thats why she left her home country and fled to germany and now she has hope for a long awaited justice. Mahmoud in her apartment in the german capital berlin the opponent of the regime in syria lives here on her own in exile this is she this is my husband. Say
They jumped from animals to humans, spread rapidly around the world. Both are pretty lethal. Fortunately, this is much less lethal than the 1918 pandemic. However, considerably more contagious than the 1918 pandemic. Virulence, itless will still kill a lot of people. Steve how did the country react . Of course, a different time in terms of news, and how his word spread about how to protect yourself from what at the time was called the spanish flu . John it was a completely different situation because we were at war. Woodrow wilson created an , designed to win the war, with a Propaganda Machine and the architect of that Propaganda Machine wrote and false are just terms, all that matters is what the impact is. That was one thing when you are trying to keep morel up during the war, it was another thing when you are fighting and infectious disease. And because of that infrastructure when the pandemic arrived, National Public Health Leaders or outright lying about it there was no tony fauci
Income we will be joined by mohammad al aryan and minor the Dow Jones Industrial average right now is off by 1 . A loss of 280. The s p down by three quarts of one ten year note yield it is up a slight amount right now. But it was as low as 1. 02. We are keeping an eye on all of that steve as we try to make sense of what happened today and the 50 basis point cut, the largest since 08. You say it was meant to be a surprised but you werent . I dont think if you were paying you should be surprised lets look at the ill at that of the tape friday, unscheduled announcement by the chairman where he said he would use all the available tools and the fed would act as appropriate. That was one yesterday, comments from perota, from la guardia are the ecb, comments from the imf and the world bank along the same lines. We learned about the g7 meeting. This is exactly what you would expect if you went back and look at how these things work, scott there was a complaint earlier this morning in one of t
Saying it was on hopes for a rate cut on friday we talked a lot on friday about just whether and i made a joke that the market shows pricing the quickest sell off. Maybe the one individual that said, i got it and felt sicker it just seemed to subside a bit. Thats right. Human bee haflor is weird. Going into a twoday weekend except the good ones where you could have gotten 1,000 new cases. Up another 1,300 showing a bit of change. I love this graphic friday doesnt really sum it up it came back that was the end of the month. Some of that extra pressure was in the systematictype trading and there is an upside air pocket i think that the fed statement on friday sent the message we are here and probably dont have a very high threshold. It wasnt needed same as december of 2018 it was words that did the job for months until we got a rate cut. The bond market was very interesting. Instead of the bond market leading the stock. Take a look at treasuries. The 10year yield hit an alltime low yeste