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And that because your point on bonds. Right now we have the 10 year yield backing up six basis points on the week, up 14 basis points. The worst week for bonds going back to august. Bonds selling off. That pushes yields higher on the idea there is some kind of recovery happening around the stimulus. It is going to be interesting to see whether or not the 10 year yield can break out of this range. David we will have to watch that carefully. We knew the job numbers would not reflect all of the covid surge, but we did not expect them to be showing downward trend before the covid came roaring back. To take us through what the numbers may indicate we welcome douglas holtzeakin, president of American Action forum. He earlier served as director of the Congressional Budget Office as well as chief economist under president george w. Bush. Great to have you back with us. ....
7488001. Democrats, 202 7488000. Independents, 202 7488002. You can send us a text message 3. 202 748800 cspanwj. Since novemberth 3 election and 11 days before electors meet to cast their votes. So far 306 electoral votes for joe biden, 232 for President Trump. The popular vote standing at 81 million for joe biden and 74 million for President Trump. Here is the headline reporting in the Washington Post. Trump escalates election attacks in 46 minute video rant. They say trumps video represented his most comprehensive remarks about the election and came after he spent the month since the election hidden from public view say for a handful of appearances and a call in on fox news channel. Any hope of the president might be coming to grips with his loss and accepting the fact that joe biden will be sworn in as president w ....
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force pai ....
Addressing the virus. Cases are on the rise nationwide and were nearing 240,000 deaths due to covid. And our hearts go out to each and every family thats lost a loved one to this terrible disease. In america, the vote is sacred. Its how people of this nation express their will and it is the will of the voters, no one, not anything else chooses the president of the United States of america. All right. Former Vice President biden urging people to stay calm and be patient and he says he has no doubt that when this is all said and done, that he will now we have yet to hear from President Trump. He is on social media. His last tweet was three words, stop the fraud in all cap, by the way, without evidence of any fraud, but with that we want to bring in our first guest, we enjoyed his conversation so much on midday that we invi ....