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As the us exchanges open here in new york. Lets cross live now to Shams Afzal, Managing Director at carnegie investment counsel. Of course, in the last hour, we had that adp data out. How are the markets reacting to this . I think this number, as well as tomorrows total data will probably not change the narrative that has been set already that the Jobs Market has softened quite a bit compared to a year ago. I think the more important data that came out earlier showed the number ofjobs available. If number of jobs available. If you number ofjobs available. If you went back to february 2023, there were almost two jobs open every Wedding Work out there, now that number has shrunk to every 1. 1 jobs to every willing work out there. They are finally getting these numbers so this put the Rate Cut Regime very much intact ....
The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro ....
Then later he tweeted that he would be willing to cut some checks for americans, extend aid to airlines. Joining us now is kevin cirilli. What is really on the table right now . A small, piecemeal approach. Mark meadows was saying earlier that they are still pressing for democrats to do a piecemeal approach. That is a nonstarter with nancy pelosi. The developments coming as the president tweeting that no fiscal stimulus deal would be on the table until after the election. Should biden went on november 3, it would also mean that a fiscal stimulus deal would still come in the lameduck and even in the first calendar week of the year. Guy you are outside of the debate site for tonights debate. How consequential will tonight debate before the outcome of the election . Kevin republicans are hoping to have some type of major trajectory shift. Vice president pence is one of the leaders inside President Trumps inner circle as it relates t ....
He goes, maybe im immune. I have no idea what that means. Jonathan you are not alone. Lets move from the theater of the last 24 hours to the drama of the polls this morning. The former vp joe biden with a widening lead in the cnn poll this morning. It is not a predictor of what will happen, but a snapshot of the mood of this country, and it straddles that covid test that was positive. Poll, octoberis 4, very important this morning. Tom i read every word of the polling. A 3. 6 margin of error. Are thein there subsets on covid to come on the economy, and the rest of the pole. That gap, as they say in the text, is widening from the nbc wall street journal poll of just a few days ago. Jonathan yields this morning on the tenure tom out of control. Snoozer finally, the over in the treasury market. Lisa out of control . Jonathan only one of us is out of control, lisa. [laughter] tom go to cash. Lisa we are still going to be checking out the data. I am going to take you back 12 months ago, whe ....
Learned. The number one risk here is not now. Its a week from now, and it is with any 74yearold weighing 244 pounds. Does the president get or not get pneumonia . That is a major concern now. Jonathan first and foremost, our thoughts and hearts are with the first family. We hope the president pulls through, of course. The focus youve had over the last couple of hours something we will replicate. We dont want to go too deep into speculation. For me, what is interesting right now is the substance of that campaigning. I dont believe in a single issue election, but this single issue now will be hard for the president to divert attention away from. Tom youve got to believe that, going from the depths of ruth bader in Ruth Bader Ginsburg onto this shock come onto the debate, if there is a debate. But i would go back to Jennifer Jacobs and her team in washington on the illness ....