Cyclical recovery here. I guess thats something for the day. Based on the Technical Levels like the 200 day moving average, there are bullish signals out of the small and midcap space. Caroline what is the number one risk on your mind . Please ask that again . Caroline what is your number one risk . U. S. China . Deteriorating earnings . Coronavirus and a lack of a vexing . Vaccine . There are always risks that keep you up at night. Longerterm, ive never seen the monetary stimulation i have seen in the last six months were money growth is rowing at 80 annualized. I think ive been wrong that inflation has not surfaced but i do believe it will so longerterm i worry about inflation because it erodes the real return of the tone of stocks. I worry that post qqq earnings season as they move into the number that we have democratic sweep and what it does to the Corporate Tax rate, that is a risk as well. Caroline great to get your expertise. Breaking news. Microsoft out with earnings. The clou
Enhanced Unemployment Benefits have expired. Extra money that so many have depended on is gone. Washington leaders have failed to reach a new deal on the measure. Negotiations will continue this morning, but theyre pretty far apart. And with more than 150,000 americans dead in this pandemic and an Unprecedented Health crisis, the president missed his own selfimposed deadline to announce a new Health Care Plan he promised one more than two weeks ago. Yesterday was the deadline, deadline missed. Unless he was lying about announcing a new plans in the first place. Well, meantime this morning, we are also watching a Strong Tropical Storm bearing down on the carolinas. Its forecast to become a hurricane today before making landfall tonight. Isaias has already brought powerful wind and drenching rain to puerto rico, the bahamas, and florida. There are Tropical Storm watches and warnings that stretch up the east coast into maine. Well have the latest on isaias track in just a moment. Joining