Well be on and bridge you all of the bring you all of the big headlines. First the november to remember dow surging towards best month since january 1987 s p and nasdaq handing in best work since april energy up more than 25 percent financials up more than 17 percent. Small caps, best month ever. Bulls werent hiding, check this out, each of the past four monday he got big vaccine news before the market open and look at diminishing returns, the market fell despite moderna requesting emergency use of its vaccine. So weve been talking talking black or white or red and green in terms of diminishing returns. I took that economic class my freshman year and learned all about diminishing returns which is why i often invoke it here, i think so, absolutely tell you something, the vix is telling another story. I thought a day like today, monthend i thought the vix would close closer to 25 but here it is closing lower on the day, maybe its a function of that specific security, but ill tell you giv
2007. I want to thank shelby for her steadfast support for the biography center over all these years. It is her program that made this possible. Please note the next event is coming up in two days on this thursday october 15th where victor and i will interview larry about his timely and important new biography of joseph mccarthy. Tonight we are here to celebrate the publication of abe, Abraham Lincoln in his time a new biography by david reynolds. His book launch and the book has received early reviews and the Publishers Weekly and elsewhere and we encourage everyone to look it up on amazon or your own local bookstore. David reynolds is a distinguished professor at the Graduate Center and the author of Walt Whitmans america a cultural biography, winner of the bancroft prize. His other books include beneath the american renaissance, john brown abolitionist and mighty year than the sword, Uncle Toms Cabin and the battle for america. He is a regular book reviewer for the New York Times bo
Europe, up by 2. 5 . Todays number from barclays, very strong. We are going to hear from jes staley a little later in the program, our interview from early round. The pound bouncing around all over the place. We were into 1. 31. I think this is broad Dollar Strength rather than anything else. Take a look at the bloomberg dollar index. Alix rising covid cases impacting the economic data. Composite pmi for the euro area dropping below the 50 mark, which shows contraction. Meeting. O ecbs next joining us is john hardy, Saxo Bank Head of fx strategy. Does 1. 18 make sense for when you consider the rising uncertainty . John of course, the pressure should be on the downside given the covid resurgence. I think the general take on the could be that if we are seeing this democrat sweep scenario, we are positioning for a weaker dollar for some time in the future. Anything looks fair between 1. 17, and to me, this is the upper area of where we should be. We shouldnt be doing anything and eurodoll
Journal, we focus on the battleground state of ohio. Coming up in an hour, seth richardson. Copeland. M. , lauren host good morning on this wednesday, october 28. We are six days away from President Trump asking america to give him a second term. This morning, we will focus on his first term. Has president kept his promises . If you are supporting the president , dial in at 20274 80001. If you are supporting the former Vice President , dialin a if you are0, undecided or supporting another 4880002. , call 2027 2027488002. Usa today put this piece together, donald trump made many promises. What has he cap and what is he still working on . Kept by the president , tax cuts, conservative judges, deregulation, he left the paris accord and move the Israeli Embassy to jerusalem. The newspaper says these are the promises the president has partly accomplished, renegotiate trade bills, build border wall and have mexico pay for it and defeat isis. Here is where the president here is where they say
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