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Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valu ....
President here, 25 days or so out from the election, is in dire straits, will have to mount an almost unprecedented comeback. Explain. Well, the first debate was a debacle and then he got with covid which puts you covid back in the middle of the campaign, dominated the news for the last seven days and as a result hes fallen behind from about 6 in the real clear politics poll back to about 10 . And this is a point at which he needs to have Forward Movement and not be falling back. Paul all right. So whats the comeback strategy here. Well, first of all, generally throughout every day theyve got to do three things, find a way to say heres what ive done, a little bit of that, more on what it is i want to do in the future. You cannot get reelected without saying i have a second act in me. I know what i want to do and it sounds good to you what i want to do in the next four years. He needs to turn it into being a contrast with joe bid ....
Better than 1 move for the dow. Nasdaq record highs. Big tech taking a bit of a break. You see facebookdown as well as amazon amazon, netflix and microsoft lower. If its tuesday, it must be tilman frittia calling on americas governors to show some real leadership and tell us where the goal posts are on reopening. Power lunch starts right now tyler, thanks. Its Energy Leading the way today. On track for its best day since june 5th it might not matter as much as it used. Bob has more technology stocks, 27 of the s p 500. That doesnt include google which is really a tech company or amazon which is a consumer discretionary. All together top Six Companies are 25 of the s p 500 just about. Its approaching that. Its crazy the rest of the sectors are shrinking. Let me show you what the sectors are today. Energy is only 3 of the s p 500. Now it used to be 5 a few years ago but financia ....
In the house today work on two veterans bills and recommendations for modernizing congress. You are watching live coverage on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our guest chaplain, reverend erin keys, capitol hill presbyterian, washington dis. The chaplain let us pray, god, we ask you blessing upon all those gathered here today and upon our nation as we along with countries all over the world face the anxiety and fear currently surrounding the coronavirus. Though much about how the situation will continue to unfold is unknown to us. We trust that it is known to you. From the beginning of time, your spirit has hovered over the chaos of our world bringing order and life so we pray that your spirit continues to do so now. We pray for the safety of all people and we pray for the wisdom of our leaders as they guide us through this time. Amen. The speaker pro tempore the chair has examined the journal of the last days proceedings and anno ....