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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 ....
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is th ....
Test test test test test test test test test test test captions Copyright National cable satellite corp. 2008 we have 2. 5 billion more out of work than were when we took office. This touches human beings. I was in a city in pennsylvania not too long ago near here, and there were about 4 or 5,000 people in the audience. It was on a train trip. I said how many adults here are out of work. About 1,000 raised their hands. Mr. Ford actually has fewer people in the private sector without jobs than when he took office. He talks about a success. 7. 9 unemployment its a terrible tragedy in this country. He would he learned how to match unemployment with inflation. Thats right. We have the highest inflation weve had in 25 years right now except under this administration, and that was 50 years ago. Weve got the highest unemployment under the Ford Administration since the depre ....
Between president ial candidates in 16 years and the first ever in which an incumbent president has participated, is taking place before the audience in the walnut street theater in philadelphia, just three blocks from independence hall. The audience may reach a hundred million in the United States and many millions overseas. Tonights debate focuses on domestic issues and Economic Policy. Questions will be put by Frank Reynolds of abc news, james gannon of the wall street journal, and Elizabeth Drew of the new yorker magazine. Under the agreed rules the first question will go to governor carter. That was decided by the toss of a coin. He will have up to three minutes to answer. One followup question will be permitted with up to two minutes to reply. President ford w ....