Of play for stocks as we build into our discussion. Youve got dr. Birx on the task force. The covid surge, quote, the worst event the country will face coming this winter. Stocks have run a lot coming into november. The vaccine is getting closer day by day values been outperforming lately the value etf coming off its fifth positive week in a row thats the First Time Since its fiveweek stretch ending the end of december of 2019. So my question to you to start things off, where do we go from here it seems like the market wants to go higher i think its been incredible all year it seems to definitely be picking up steam in november and pt fir the first part of december, investors are leap frogging, the political discord in washington, the lack of fiscal stimulus and leap frogging that and buying stocks in general and buying growth stocks, buying momentum stocks, buying value stocks, airline, energy, all of the above. It a really good time to reflect as investors, you got to be in it to win
Come whichrevious also been revised higher. There was some expedition that as prices come up because of the fact you can get cheap lending at the moment or cheap borrowing , you would expect that at some have, that would start to an impact on a month by month basis. Nevertheless, the market was looking for this month on month number two actually slow, and that hasnt happened, which is really interesting and the light of what we are starting to see in the employment market. We saw initial jobless claims out a little bit earlier on. Youre starting to see the negative data could begin from the employment side of the economy, starting to come in a little softer. Bloombergs mike mckee joining us now with the details of that. Michael at one point on the housing numbers, existing home sales or closings, so these contracts were signed a couple of months ago when things were a little better in the economy, and we got low mortgage rates, so the one thing the fed has been able to do is stimulate
Years after the november 2015 attacks. There are still painful memories and deep divisions. And in spoilage option for both all Mohamed Salah has tested positive for corona virus, while on International Duty. The news comes out. The liverpool striker was set to play togo and an africa cup of nations qualifier. He denies nations is warning that fighting between the Ethiopian Military and to great Regional Forces can spiral out of control and that war crimes may have been committed. The conflict is raising fears of regional repercussions impacting neighbors, eritrea, sudan, and somalia, as well as the african union, which has its headquarters in ethiopias capital. A mystery International Says scores of civilians have been massacred during the fighting of the Human Rights Group is unclear who is responsible. Some witnesses have blamed forces loyal to the to great Peoples Liberation front. The u. N. Is warning of a humanitarian emergency as more and more people sleep. More than 4000 people
Takeoff. U. S. Aviation regulators say boeing, 737 max can return to the skies, but only under certain conditions below us struck make a fire as it says, it will request emergency approval for its covert 19 vaccine. In the coming days, the vaccine developed with its german partner biotech has shown consistent results across various demographics with no major side effects. Final results from the pfizer biotech vaccine trials show a 95 percent success rate in all age groups. The highest of any candidate in late stage Clinical Trials so far, the company says it could have 50000000 doses available by the end of the year. But its distribution is complicated by the need to store the vaccine at temperatures of minus 70 degrees celsius. We are confident that if, if we continue across, you can over it that it could could happen that, that we get an order was in until mid of december and could start to, to provide the 1st millions of dollars of experienced to the regions get an approval on octob
Gong, which is near the tick rate region. This fighting words has had no letup ever since it started about 9 days ago has caused massive casualties and the civilian casualties that are being witnessed in some parts of the region are not giving any confidence to the people. There already. 100000 people who were already internally displaced within the region even before the christmas started. And that was the last happened just about a 100 kilometers from where we are right now in a small town called mike cutler. Of course, the government is blaming the tea p. L. F. Fighters for the killings of people, most of it done through beheadings and using all kinds of weapons. But on this evening, the t. T. L. Of leader, the protests you dont get there. Michael held, released a message where he said that it was not his forces who carried out these mutha and said that there was no need for an independent inquiry into the killings in my country. Of course, the government is claiming huge victories