Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Party Line Vote if necessary to fund a few priorit ies like the 1,400 round of stimulus checks that he wants to see go out, more money for Food Assistance programs, as well as extending those enhanced federal Unemployment Benefits. The president making it directly in a speech on friday. Others think that things are Getting Better and we
The dow did go down. The nasdaq went down 4 or 5 . I spent the better part of this year studying the pandemic i was right. You know what we just cover . The professionals are not the only covid that matters. We have a Massive Group of investors who become professionals. They dont care about the same thing as the experts theyre the ones who were the marginal buyers and sellers. The investors have changed the entire character of the market what made you not be able to sleep at night it was very little belief in stocks for the past 20 years, the convention says stocks could no longer be trusted. They continue to lose their values way too quickly when something goes wrong on top of that, the convention only a fool to try to pick individual stocks. You may as well stop trying to beat the mark and put some of your money in an index fund and invest safely in bonds the last eight months, that convention has been stood on its head by a new generation of investors after the rise of Commission Fr
This is the exact moment where Boris Johnson may be about to speak to eu leaders. We understand that most of it is virtual. We are expecting the Prime Minister to give his response on whether he is continuing to negotiate. There was that selfimposed deadline on october 15. We dont know whether he is happy with the progress or whether he thinks even if there is not progress, he still wants to give it a shot. Tom there is your update this morning. Lot, like about the map of the fisheries. Its like a big deal, right . In the north . Francine i remember being a young reporter a million years ago showing up in brussels and actually going to at the time, it was not much to talk about, but our editor said watch out for fisheries, because nobody talks about them. Its always a fishing problem, as we see with brexit in 2020. Tom there we are with your update. Ritika gupta just nodded off. Lets start the show with the bloomberg first word news in new york. Ritika good morning. President trump and
January 31. The fishing industry, which is something we have talked about before. Michel barnier was very outspoken yesterday about his disappointment. He sounded like a disapproving parent. Tom he sounded on the edge of being of american. Teachers at 14 right now. We have a wonderful guest futures that 14 right now. We have a wonderful guest. First, your first word news in new york city. The timing on this may raise some eyebrows. The cdc has told states that a Coronavirus Vaccine could be ready by november 1. That is just two days before the president ial election and it is an aggressive go about would depend on shots being tested and reviewed by then. President trumps political future hinges on the response to the virus, which has killed more than 185,000 americans. New polls show joe biden leading President Trump in three swing states that President Trump won 4 years ago. He has the edge in North Carolina, wisconsin, and arizona. She shows strength amongst women and suburban voters
Lets begin with that historic day for apple. It is the most valuable company on earth we shouldnt be surprised, but it just took two years for add a trillion in market cap thats just astounding. Absolutely remarkable its unprecedented to have a trillion dollar company. I added to apple after they announced the split. It makes no economy supplies in terms of benefits to the company in doing that. You can trade partial shares there are robin hood and others, but i thought the market would react positively i added to my core position. I dont want to sell, even though i do have some concerns theres an attack on the app store, which has driven a lot of growth im staying there for now. I think the 5g phone will be the biggest Product Launch theyve ever had around the world. Jim, i notice he own it as well, but to me you sound to be, you know one of the maybe, you know least enthusiastic about where the stock is now and where it can go from here. Do you think thats fair to say . I do, but tha