The bigger question is will they continue to buy the dip knowing all of the information they know. The volatility, the uncertainty around the election, the stimulus, plus the fact that some of the august move up first stocks had so much to do with options. Some encouraging signs relative to the idea that the virus will stick around. The vix is down, suggesting investors are less worried. We have bonds down on the day. From across asset class standpoint it is risk on. A littlettle david bit of risk on. What are the bread comes the markets may be leaving behind. The dollar is not moving much. Is there any indication what comes next . Abigail if we were to take a look at volatility indicators, that is what stood out over last couple of weeks, some of it having to do with options activity that pushed stocks higher. That is where you want to look. The nasdaq 100 vix are both down today. There are signs volatility could move higher. Another tell is an index not looked at by many market watch
To expect on election day and what it will take for voters to trust the results. Plus every one of the women ive, weve interviewed is qualified and ive narrowed it down. Biden zeros in on hipi. When will he decide . What it will mean for his campaign. Announcer from abc news, its this week. Here now, chief anchor george stephanopoulos. Good morning, and welcome to this week. As we come on the air this morning, the number of covid cases here in the u. S. Is crossing 5 million, more than any other country in the world. And the millions of americans who have lost their jobs during the pandemic are facing a new week without extended benefits after the collapse of talks between the white house and congress. Late yesterday, President Trump announced that he would take action on his own, signing a series of documents that he claimed would address the crisis facing workers, renters and the unemployed. To cheers from his country club members, he blamed it on failed talks with democrats in congr
News the president of the United States threatening executive action this hour as negotiations have collapsed. The president is about to speak from his resort in new jersey. He has just stepped out and told people assembled there hes going to be speaking in a couple of moments. It comes as the House Speaker nancy pelosi and treasury secretary Steven Mnuchin describe the talks as far apart or at one point today very far apart. And new jobs numbers show an incredible slowdown in hiring, the United States down 13 million jobs since the start of the pandemic. So, the issue here is the 600 weekly jobless benefit which expired at the end of the july so people didnt get that this weeb. Currently more than 30 million americans are collecting those job let events. I want to go first to Jeremy Diamond at the white house. Jer mist just to be clear here, the president had what he called a lid. He was done for the night. He was going to have his private time. That was lifted and hes going to be com
Their money are going to be the 1st ones restored theyre going to be the ones taken care of in other words the rich people they will get taken care of and that were still under some sort of influence that theyll be a trickle down effect that if we give all the money to the wealthy people eventual a little trickle down to the poor people well everythings in trouble now because youve got people out there that are frightened of things like Social Security and things of that nature and youve got to understand something spending stimulates the economy so if they cut back down giving people money the economys going to suffer because the people wont be able to go out and spend that money so the economy will stop spending is the gasoline that fuels the economic engine we better wake up to that fact and taking money away from the people who are going to spend it will kill the economy not enhance it. Now also included in the hills act to draft is legislation sponsored by senator mitt romney to q
Includes another one time stimulus check providing up to 1200. 00 in aid to qualifying americans and pledges over 100000000000. 00 to School Reopening the senate bill also slashes enhanced Unemployment Benefits from 600. 00 per week to 200. 00 until october when the federal boost will then reportedly be replaced with a system to recover 70 percent of workers wages but as the democrats and republicans fight over what to include in the latest stimulus package 30000000. 00 americans remain unemployed and the moratorium has expired on rental of actions they were implemented under the cares act a new eviction estimation tool based on census responses predicts that over 17000000. 00 households are currently unable to pay rent nearly 12000000. 00 of which could be evicted over the next 4 months. Just what do you want to see in the next stimulus package because the last one left a lot of people hanging well. Lets go. In that adam moment 1st of all weve got to go to the system you have a system