Well have another big lineup to walk us through thoseresults and what they could mean for your money as well including investors like barry diller so the next 24 hours as i think we all know will be action packed one way or the other. Joe. Thanks, andrew. President trump and joe biden making their final arguments to the American People in swing state rallies last night we made history together in our years ago and tomorrow well make history once again. Were still in the battle for the soul of america, decency, honor, respect you better get out there and vote tomorrow, i will be so angry, ill never come back. Never come back. Im running as a proud democrat but i will govern as an american president for months cnbc has been bringing you exclusive data from our states play of battleground polls. Joe biden has a lead among likely voters in each of the six states that that poll is tracking they say the top issues were the economy, the pandemic and political corruption and check this ut, 46 of bide voters said that they were voting for biden the other 54 say that they are voting against President Trump and ive actually made that point before that there is a lot of enthusiasm but a lot of it is based around President Trump engendering a lot of enthusiasm among Trump Supporters and among people that dont want trump to win another four years and that is represented in that. His supporters have i was going to say, i dont know what the Market Action yesterday means, what it means today. It is only these are small moves. Two day 800 point gain is 3 , right is last week we lost about 6 yeah, 1800. 6. 4 so i dont know what that means. So i dont know. I dont know what the market moves from last week meant either thats what i mean. So hard to get too excited high default reaction is that either the senate might be safer than people think. If i invested and if i had money, and i knew it was going to be a blue senate and joe biden, i would not want to stay long i dont buy the stimulus thing i dont buy that the stimulus offsets all the regulatory issues and taxes that were talking about. For my own money, id definitely i guess i have some mutual funds, ill have to make some decisions. But it might be too late sorkin, you made the point about were in a weak economy and raising Corporate Taxes and green new deals. I think raising Corporate Taxes in the midst of a pandemic is tough im not sure i feel the same way about individual taxes but related to the chart that you showed around those that are supporting biden because they like biden and these that are supporting biden because they dont like trump, which is to say that if biden were to win, and i dont want to jump to conclusions, but if he were to win, it will make it that much more challenging frankly for him to pull off whatever you believe his agenda is ultimately going to be because as were looking at it right there, the rationale for why he was supported is to some degree different than previous president s in certain cases where president s where they felt felt that there was a mandate for a particular policy. But that is so perverse it may be, but because youre saying that the market is doing better because he probably cant do any of that stuff . That is so perverse. Hell be prevented from the negative policies . You dont want either side taking it too far to their base and that is the reason that the divided government has been seen as a friendly one to the markets. Obviously this time around it is a little different you codo need to get something passed stimuluswise and i think that that will matter no matter who is elected it is a question of how big the package will be. I sent a shot of this home and i focused on this right here and i focused on this right here and i sent to my son there is so much anxiety absolutely. Almost every headline talks about anxiety. I went home yesterday and my son was like im so anxious. And just a lot of anxiety. When you see buildings being boarded up, when you i think that well get a shot of that too. And that is concerning. That is not normal i cant remember an election cycle ever where you saw things like this happening. This is where we get into a dangerous discussion because like i said yesterday, i dont think all those golf cart from the villages, i dont think that they will be looting and rioting. Im not saying one side or the other on this, i would say that both sides have a tendency on the far edges of it you cant be politically correct and without saying that either side might do it, but i dont think that it is the same thing. Id be much more worried but i do think it is true i knew wed get here. You think Trump Supporters will be i think there have been protesters i think there were protests over the summer that you know i think that were taken over effectively by looters. And i think they were coopted and that is a terrible thing but it should be clear that the quote unquote militias in this country historically have not been, you know, bastions of democrats. It is just not the case. When you look at the people Walking Around with guns and the cars and we talked about it yesterday, the trucks trying to pull the biden bus off the road or whatever was happening, that is at a different level and i would also suggest that there is a violence that is truly suggestive of what that is, which is very different than this is why i say im not condoning looting. Looting is terrible and the people who coopted the protests is terrible. But to put it in the same conversation is unfair but boarding up things inne york city, chicago and places like that, you know, doing what you are saying is i will give you that. Boarding up the buildings and sending the National Guard into chicago but that is just the easiest pictures that you are talking about. What concerns me is that reuters poll that says 4 out of 10 on both sides of this wont accept the results of the election. No matter what happens, our unease doesnt go away there will be a significant portion of the population that doesnt accept the results and so it is a tough road from here. This is not something that ends today or tomorrow or next week this is a problem of a divide in the country that needs to be resolved i dont think that the violence of choice of the crazy militia isnt the store fronts in new york city ill give you that. I think andrew is still under no circumstances will you acknowledge even that much but anyway, i dont know where the militia are i dont know. Here is one thing i will say. The people who like this, the people who like this chaos, it is iran, it is china, it is russia those who want to see in kind of discord disrupt our democracy which is the greatest democracy on theplanet i hope that we can get past that coming up, well kick off our battleground state coverage with a live report from wisconsin. Plus well break down the possible outcomes and what it could mean for your money. People arent that nervous about the stock market at least today. Could mean for your money. When you switch to Xfinity Mobile, youre choosing to get connected to the most Reliable Network nationwide, now with 5g included. Discover how to save up to 400 a year with shared data starting at 15 a month, or get the lowest price for one line of unlimited. Come into your local xfinity store to make the most of your mobile experience. You can shop the latest phones, bring your own device, or trade in for extra savings. Thats simple, easy, awesome. Visit your local xfinity store today to ask, shop, discover the latest on Xfinity Mobile. Welcome back to our election day coverage here on cnbc. We were bringing you live reports from battleground states across the country starting right now with wisconsin phil lebeau is standing by in milwaukee. What does it looks like this morning . Reporter ten electoral votes are up for grabs here in wisconsin, they are expecting a big turnout when the polls open up here in a couple hours. Like so many, two issues are covid19 and the economy jobs specifically. And our states at play survey shows how the feelings are very clear, 59 of the most recent surveyed say that it is getting worse as far as the impact the covid19, 30 say it is Getting Better keep in mind the Positivity Rate sky rocketed up here up to nearly 30 for micro brush, a manufacturer just outside the city of milwaukee, earl dwler yea earli had to furlough almost 80 of their workers as the market dried up, they pivoted and started to make test swabs and were able to bring back a majority of the employees, employees who realize what a volatile year it has been. I think that it is great that micro blush has stepped up and found a way to use our manufacturing site to aid in the covid pandemic we all worry about it, but i know were doing everything that we can to stay safe and keep everybody safe so yes, i worry about it, im pretty sure everybody worry about it everywhere you go here, really anywhere in wisconsin, covid19 is front and center in terms of concerns. People wearing masks, the discussion as the Positivity Rate has skyrocketed well be here in wisconsin all day long, you dont want to miss our coverage from here and across the country tonight with our special election coverage that starts at 7 00 tonight here on cnbc. Again, guys, the polls here in wisconsin open up in a couple hours. Were expecting there will be some seizable lines when they open up. Wisconsin was won by President Trump back in 2016, but it is relatively close, less than 23,000 votes. Yes and that is why the democrats believe that it was so razor thin, they believe that if they have strong participation from voters here in the milwaukee area, that that is an area where they believe Hillary Clinton underperformed during the last election relative to previous elections and other democratic candidates, barack obama specifically they believe that this year they can get that Participation Rate higher to offset any impact that higher. Yes, higher, that can offset any impact that you might see from donald trump getting out his core supporters here in rural wisconsin. That was joe obviously. That is my tribute to santelli but now when anyone does it, i dont know, i hear it. Thanks, phil lets talk more about the election, what investors can expect over the coming hours and days ed mills is joining us, washington policy analyst at raymond james. Ed, on any given day we look at what happens in the as to being market and we look for some type of logic or cause and effect and it is always kind of a fools errand. But your contention is as long as there is kind of an orderly election where it is not thrown into absolute chaos that that would be good for the markets. I would say as the polls tightened recently in the last week, the chances for contested election or at least something that is not settled tonight have gone up, yet the market is, you know, it is up 800 points in two days getting back some of the 8 1800 from last week. But my point is that there we may be less certain of the outcoops the market seems to be okay with that i think that you are right. I think what we have seen it seemed even more uncertain last week i would argue where kind of the whole political and Investment Community has focused in on pennsylvania as a potential tipping state. What we saw over the weekend was a series of what is considered high quality polls, those are the live calling polls we can debate whether or not that will be right or not, but that showed a pretty decent set of polling for President Trump versus joe biden kind of in favor of Vice President biden. And so i think the relief rally yesterday was on kind of a solidifying of polling in pennsylvania whether or not that is right or not, we have to wait until tonight, maybe for a couple days, especially in pennsylvania where a number of counties will not start counting a single absentee ballot until the day after the election you are still in the camp that if it was joe biden where are you with the senate, counseling t do you think the senate goes blue and if you had weve been talking about how maybe gridlock would still be good in and the market might prefer if Vice President biden didnt have free reign to do all the things that he wants and maybe some members of his party that are even further left of joe biden, that maybe the market would look at that in a less negative way if he wasnt able to get through a lot of the stuff if it goes blue both ways, do you still think the market will be fine . Yeah, i mean so i think tomorrow if we have an election result, i think that well be waking up to either all blue or deja vu. I do think that the most likely outcome continues to be a democratic sweep can President Trump win, can republicans maintain control of the senate, absolutely i just give that lower odds. As it relates to the Market Impact there, i do think when you get a blue wave that does increase the chance of the most amount of spending next year in stimulus, in infrastructure. I think that there will be debates over gregreen new deal and other things, but i think those are more carrots than sticks arguably i think the most concerning outcome for the market, i do know traditionally gridlock is preferred. But i think that the least amount of stimulus that we would get is in a Biden Victory but with a Republican Senate and i think that you have seen that as Mitch Mcconnell over the last several week and months has not wanted to commit the senate to any dollar amount on stimulus and well have the conversations about debt and deficits. So you dont get the helps but you would get all of the regulatory changes that Biden Administration could do. So i think that is actually the underappreciat appreciateappreck after the election is declared i totally appreciate it that is what ill having trouble grappling with the regulations, he can reverse a lot of the deregulation day one that trump brought that is number one number two, well see taxes go up we keep hearing no one under 400,000 a lot of people make over 400,000 that are, you know, poshl important parts of risking capital and whatever you want to say about leaving money in the private sector just because you spare people under 400,000 doesnt mean that it wouldnt have a somewhat negative effect on the private sector and then you add in the Corporate Taxes and then you say, well, this is all offset by running up a deficit that is already out of control and continuing to run up, you know, a deficit that eventually could mean higher rates and more debt service and we know how that slows down an economy as well so none of that rings true i mean that is just me and im known to be someone who thinks that the private sector is where a lot of the growth and prosperity comes from. All of these explanations dont ring true with me. Joe, i think the real debate here is the timing and scope and so what were focused on is what would be the next 6 to 12 months what we hear out of the Biden Campaign is the Lesson Learned from the 2008 2009 financial crisis is that there was not enough attention paid to the recovery before there was a pivot to other things. I do think if there is a blue sweep a big debate could be whether or not these taxes, if they dont get done until late into 2021, if they were to go into effect early in 21, if they were retroactive or pushed out later, that could cause some weakness in key areas. But i do think that the overall market move on a known outcome, more fiscal stimulus, is bias to the up side. I dont want to fall into the same trap as people it was glaring how many people were predicting 5,000 points down four years ago and talking about long term, not your six months, and i dont need six months, i need longer than that, long term both multiples are going to be contracted if all this happens, and margins will be contracted and you put both of those together, you got lower multiple and lower earnings and it will be bad for Financial Assets. Andrew ed, i wanted to talk to yyou about Something Else we talk about all the policy issues related to taxes and stimulus and the like. But how do you factor into the economic picture both candidates and how they will deal with covid over lets say not just the next 12 months but potentially the next in months or longer in terms of Testing Programs clearly President Trump says he doesnt want to test more, he actually always wants to test less Vice President biden seems to be very interested in doing the opposite you would see him spend lots of money to be testing. There is a view that biden may be more likely to push for lockdowns at least in certain areas or for certain times whereas President Trump would not. How do you factor that into your thinking yeah, andrew, i think the way i factor that into my thinking is you have to ask yourself when would the economy recover faster and i think that much like almost everything in this country, it has become a bit of a debate under a reelection of President Trump, i think that we are moving more towards a kind of reopening at all costs, herd immunity, that is what we saw mark meadows say, that we wont control the pandemic, well focus all on therapeutics and a vaccine. With a Biden Administration, i think the likelihood of a comprehensive National Strategy rather than a state by state strategy is higher in that i think a higher kind of push on testing and kind of a similar outcome to what we have seen else where in this world which is trying to get the Positivity Rate as low as possible is that you can