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144,000, 65000 people hospitalized and we are averaging over a thousand deaths a day. A new round of restrictions would surely slow the economy and put more people out of work, heard even more with travel, retail and Entertainment Industries perhaps, thats one reason the market is selling this morning. After the huge recent gains the dow looks to be down about 200, s p down about 10. Look at the nasdaq with a modest bounce to the upside with the dana may be a quarter of a percent of the standout political headline comes from Bernie Sanders. He says yes, if offered the job of labor secretary in a biting next he would take it. On that, we will say this, varney co. Is about to begin. Stuart born to be wild, well i guess thats fairly appropriate. What you are looking at is rather empty new york city on a rainy thursday morning. Of course, its been half empty for about e ....
Eastern on cspans q and a. White House National economic counselor, larry kudlow, talk to the Washington Post yesterday about the outlook for the u. S. Economy and was asked about the status of Coronavirus Relief negotiations. Robert good to have you here. Thank you for coming. The u. S. Economy grow at a record 7. 4 percent between july and september. It has recovered two thirds of the ground it lost during the first half of the year during the pandemic, but many economists remain wary because the figure comes as the country is still entering this time of rising coronavirus cases and the economy has not entirely healed. So lets begin with these new numbers. Do you acknowledge these record gains follow record losses . Larry of course i do. The shutmic because of ins last spring generated a very heavy economic toll. ....
The ground it lost during the first half of the year, during this pandemic. That many economists remain wary. Because the figure comes as a country still entering the period of rising coronavirus cases. And the economy is not entirely healed. So lets begin with these new numbers. Do you acknowledge that these record gains follow record losses . Well of course i do. The pandemic contraction because of the shut ins last winter and spring. It generated a very heavy economic toll. Very happy. Now outlook, you have a 33 increase, annualized increase in the third quarter. That is a record. And i want to go underneath the hood here. Because i think this is a selfsustaining recovery. The numbers are gargantuan. I will read them off. You have Consumer Spending of 41 , housing up 59 . This is investment and equipment up 70 . An automobile production up almost 12 100 . So my take, robert, is this. This is selfsustaining. It is going to sp ....
Coast and violence with Security Forces after an election thats been rejected by the opposition. We begin with one of the most divisive u. S. Elections in recent years donald trump and joe biden have less than 48 hours to make their final pitch to the American People and theyre doing it in several important battleground states President Trump is now come painting in michigan where he won by less than one percentage point in 2016 joe biden is hoping to win that states that he made his case when he went there on friday trump is expected to hold rallies in 5 different states on sunday while biden will focus on pennsylvania another crucial states for the former former Vice President our correspondents are closely following the campaigns kimberly how could a standing ....