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Theres a live lookin well monditor that for you. The president elect announcing his team today we expect to hear from joe biden at the bottom of the hour and his fed chair nominee, janet yellen josh, i mentioned the dow, best month since 87, russell, best month ever, energy best month since april, industrials best month since 09. Theres a lot of momentum coming into december. Yeah. Look, i think a lot of people are saying this and i actually agree with it and i hate to go along with conventional wisdom but right now it seems as though the biggest risk is that everyones already bullish and there arent that many people left to buy. If you go on like financial social media, you find owl the bears. In real life people are in, regardless of what they might be saying publicly. Right now thats probably the big risk, that things are a little bit too good. You have a great setup with earnings growing, the vaccine being distributed. In london theyll give it out as soon as monday i i dont think w ....
The big boet on bitcoin thats got everyone talking. But first, we begin with a trip back to the future for the markets and this was flagged by our own dan nathan a year ago today it was trading at 2900 and basically back to that exact level and lets fire up the flex capacitor to see what life looked like and wow, the world would change this time last year the s p 500 would trade 17 times pe and the tenyear note, and unemployment j was just over 3. 5 and Flash Forward to today, it is trading 20 times, and the yield. 6 and unemployment is projected to hit 16 and gdp is negative for the first time in over a decade. The world has been turned upside down and the market doesnt steam to care. So if youre an investor, should you make like a tree and get out of there i am told thats a funny line from the movie youve never seen the movie i saw it. The movie was released in the summer of 85. I think i turned 50 that year. It dawned on me as i ....
Market gaining ground after the president signed the 484 billion tumulus bill into law, this provides billions in aid to Small Businesses, hospitals and a lot more small loans to start rolling out monday. He said he wants to help the oil and gas industry. One company is in the middle of the pandemic is biomed, this is the nations biggest independent reducer of ventilators. We are going to talk exclusively the ceo of companies lifesaving equipment being used in the cova 19th battle. Last night nfl draft, not without its usual fans, we both tell you how they are raising money to end the coronavirus pandemic. Less than an hour to the closing bell, lets start the countdown. We begin with breaking news right now, once again, we are looking at the white house, live pictures there. The president mean at any moment with nasa officials. About their contribution to the fight against the coronavirus crisis, including a new ventilator designe ....
Voices of our childhood. Theres a little bit of me in all of them. Gee, im worried, bull widgele. This is the cbs evening news. Mason good evening. Im anthony mason. Not since british troops paid a visit in 1814 has the white house had so many fires to put out. The president is feuding with the attorney general. Congressional republicans are up in arms about it. The Communications Director is going at it with the chief of staff over leaks. Health care is on the critical list, and the boy scouts felt it necessary to apologize for an appearance by the commander in chief. Heres Major Garrett at the white house. Reporter for the first time, attorney general Jeff Sessions reacted publicly to days of withering president ial criminal over his decision to recuse himself over the russia investigation. Well, its kind of hur ....
To the ranks of the uninsured. But its hard to know for sure because g. O. P. Leaders who want to vote tomorrow are still crafting the plan. The skinny bill doesnt work for any state. Reporter late this afternoon, three key republicans slammed the slimmed down bill. Not only do we not replace obamacare, we politically own the collapse of health care. Reporter still, g. O. P. Leaders see this as their best shot to pass something that they could then try to meld with the bill House Republicans passed in may. Skeptical g. O. P. Moderates, like alaskas lisa murkowski, are getting the hard sell. I did have a conversation with the with the secretary. Reporter interior secretary ryan zinke warned her that a no vote could jeopardize funding for other alaska projects. Did he threaten you . You know, i dont think its appropriate to to use thank you to use words like that. I think the the reality is it was a difficult conversation. Report ....