We are 58 days from the election in november. As Harris And Trump take the stage , there is a chance for the Vice President to contrast economic plans with trumps plans. Harris has rolled out new plans to tackle the rising Cost Of Living and investments in Small Businesses. As for trump, he botched an answer on how we would address the cost of Child Care in america by rambling about tariffs instead of addressing the major concerns of parents because after all, Childcare Is childcare. Joining us now is Jeffrey Sonnenfeld from yale, university. For all In The House, hey hey. You know something about the economy and maybe you can make sense of what we heard. Thats just to make me sound smart. What did we hear about Childcare Is childcare. Childcare is childcare and it is something you have to have in this country, you have to have it. When you talk about those numbers compared to the numbers im talking about by taxing nations, they will get used to it. They will have a substantial tax whe
Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Trees and certain kind is a more. Exhaust system danger of surat. Passion for starts november 6th on g. W. Guilty as charged Goldman Sachs is malaysians of sebree admits train charges of bribery its possible a record settlement over the Money Laundering at the nations state investment is also coming up the world is spending billions to shore up supplies of a possible culprit 19 vaccine will africa be left out. And this is not the time to go on holiday as europe recall its more than 200000 new infections a day to. Regions bracing for a tough winter ok. This is due to the business i want to get johns and then to have you with us now it is the 1st criminal settlement in Goldman Sachss history as a Public Company the banks malaysian subsidiary has pleaded guilty to bribery for its role in a major Money Laundering scandal at malaysias state Investment Fund the guilty plea is part of a 2900000000. 00 settlement with u. S. Regulators who say goldman played a quote central role in the theft of
Mark meadows and treasury secretary Stephen Menuhin called the lawmakers to pass individual lesson legislation including redirecting 130000000000. 00 in unused funds from the Paycheck Protection Program which was part of the relief package passed in march now although at this time democrats in the house of representatives have insisted on a comprehensive relief bill rather than stand alone legislation like that just like uncertainty over what may happen or what may happen to the u. S. Economy and unemployment without another stimulus bill Global Markets rallied on monday so lets go ahead and take a look at the state of the economy and markets with Octavia Moore and the c. E. O. Of optimists l. L. C. Octavio always a pleasure to have you on the show now if theres so much doubt that a stimulus bill could get done before novembers election why is the market so optimistic about it and getting a boost monday are we any closer or is this just you know algorithms taking up all the chatter. We