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Vaccine. If you want to understand this market, including today, the dow tumbled 354 points s p lost 1. 23 and the nasdaq plunged 2. 29 with many bigcap tech stocks taking it on the chin. You have to recognize things will never be the same in this country or around the world until we get a vaccine the pandemic, not the fed they know nothing not the election is the most important driver of the stock prices thats right we get a vaccine sooner than expected, we save the economy. But if the process drags on and we dont have any stimulus, were going the need to adjust to the slow to no growth huddle at home normal therefore, our fate is in the hands oh of a few dozen companies. Whoever get there is first is going to make a lot of money thats why we decided to do something new. We surveyed 92 drug analysts, the best we could find, state and local level, to handicap the chances of each of the main players. We dont bet on at least we dont like to bet on lifethreatening situations. This is a te ....
Plus Consumer Confidence slips but less so and bill dudley says the fed shouldnt enable the disastrous path of trade war es ka ligs and should attempt to influence the election not cutting rates further. We have it all coming up in hour joining us for the hour is steve grasso here at post nine good to see you. Good to see you. A wobbly session today in terms of the market. Up on the dow. That didnt hold but we are also kind of oscillating off the lows here still within this monthlong range. I think its about yields german yields, negative yields around the world probably heading even lower from there and taking the equity markets with it. Thats it from the 50,000 foot up and now trade headline, dudley today writing today and trump tweeting dudley in any other news day i think dudley should have been the focus from start to finish but when you have rates and when you have headlines on trade that kind of gets lost in the shuffl ....
The alrighty. Alrighty. Your stories needing updating at 10 am local time here and most goes so much to tell you about today. Here were not the international frets and future stability around the world. Certainly the watch was of the past couple of days here on the russian capital as must go to hosted a key conference on into a national security. Well, the 800 delegates from 76 countries taking part and in his opening address, the russian minister of defense said that the world of reading there is a evolving giving of voice through the previously voice. It is the direction of the special military operation. Put an end to the domain and so the collective waste and the ministry spear, his ability to impose these interest in various regions of the world has significantly decreased. The ongoing changes have increased the role of the countries of asia, africa, and latin america in the world. System today, a reference oppose not by the armed forces, ukraine, but by the entire collective west ....