The news. Right. And people laugh theres means going around that every investor is a legendary investor. But stand back and dollar and bill miller are 2 legendary investors. This is huge quote from stanley druckenmiller. Im a bit of a dinosaur, but i have warmed up to the fact that big queen could be an asset class that has a lot of attraction as a store of value says legendary investor stanley druckenmiller. Well, this is the poster jones effect, a member on this show 1st of all for 10 years. Ive been talking and he said the game theory baked into the protocol works its way through bigger and bigger trenches of the financial world. So 1st it started off with collectors and speculators and hackers and then it moved on to the corporate level and then it moved on more to with Michael Saylor over there. Micro strategy, a corporate balance sheet. Strategic reserve love on. Now its moving up to the biggest managers of wealth in the world whove been its literally trillions and trillions of 1
Few hours ago. The Spokes Person for the t. P. S. That appeared on the regional to gray and state Television Without television went off around the time that the reports of the bombardment started with. The t. P. S. Leadership have said that the attack has begun, and they have described it as a heavy bombardment of the city. The European Union has called the killing of irans Top Nuclear Scientists, a criminal act, and deserving all parties to exercise maximum restraint. Irans president is blaming the assassination on israel gunmen ambushed a vehicle vehicle carrying must in fact reside in his bodyguards, the tehran on friday. Iran has said it will retaliate. Large rallies are being held in france against a new villain in that restricting the filming, and publication of Police Officers images. Critics say the legislation is an attempt to gavin media and shield Police Officers from public scrutiny. In india, hundreds of police and part of military personnel have been deployed to control
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co.
Thank you very much. Thank you. Thank you very, very much. Listen, weve got to get going. Thank you. Thank you very much. Thank you very much. Thank you so much. Heres the way i see it and the country should see, it that the people have spoken, and we respect the majesty of the democratic system. I was just told that president clinton he ran a strong campaign, i wish him well in the white house and i want the country to know that our entire administration will work closely with his team to ensure this mid transition of power. There is important work to be done and america must always come first. So we will get behind this new president and wish him well. And all who voted for, us voted for, me here, especially here, but all across the country, thank you for your support. And we have fought the good fight and we have kept the faith and i believe i have held the honor of the presidency of the United States. [applause] now i ask that we stand behind our new president , and regardless of o