. O a presumed debate october 15 crisis, go to cash. Do you understand we are 3 from a dow record high . Jonathan the narrative has really shifted away from the worries about a contested election, and now the conversation about the potential of a blue wave. No question about it. We like to see more polls coming out. The candidates really migrate to arizona today and tomorrow to come off the messaging from utah. Have you seen the polls for going to be at polls from quinnipiac . A fivepoint lead in iowa for biden. The average right now, 9. 4 points to biden. I feel you, tom. I get it. Everyone else does, too. They are conditioned by the experience of four years ago. That is a conversation with kevin later this morning. Tom again, i look at the markets. The doom and gloom out there, the vix, the volatility at 28, im sorry. Look at the equity recovery and look at corporations adjusting. This breaking ibm news is important. Jonathan after a big acquisition last year of red hat, the restruct
This is not hitting the economy. The fact that you have Stocks Holding in tells you some traders believe that right now the civil unrest is unlikely to hit the corporate profit outlook we are always talking about. However, if there is an unfortunate effect from covid19 because of the proximity of protesters, that could be in uncertainty. The other Factor Holding stops around flat is the fact we have the financials that move into the cyclical sectors once again happening. The stayathome sector trades off. What is amazing is the 10 year yield had been down a little bit earlier, right now about flat. Investors are not worried about this fundamental picture we are seeing, the social unrest youre talking about. Lets see whether or not that changes. David pick up something you mentioned to me earlier. How much of this is a weakening dollar . Abigail all of this is the dollar. That is a mark of quantitative printinge money that jay powell spoke about not that when theo dollar makes risk asset
The s p 500 up. 3 . The big outperform or are the small cap domestic stocks, a safe haven away from of the global macro tensions we are seeing. 5 30 curve, the steepest you have seen going back to march. That risk on tone continues here ash crude markets, up 3 , opecplus continues to extend discussing those record cutbacks they are seeing for an additional month. For more on this uncertainty between risk on an risk off we are seeing in the markets, i want to welcome carol schleif, abbot downing investment deputy chief investment officer. Today we are getting some risk on tone but we are fluctuating between gains and losses. The dollar, copper, oil are moving. What does this tell you about what you are seeing in the market, perhaps some hedging going on . It is telling us investors are taking a step back , taking a look at how far the markets have rebounded off of the bottom. While you have some encouraging green shoots, it is a broader rally coming up, there still remains the potential
Biggest monthly decline in a decade. Weve got the latest from a country already reeling. Absolutely. Better than the real thing . Alibabas jack ma says sometimes counterfeit goods are better than the originals. He outlined his plan for the chinese ecommerce giant. He said theyre basically the same goods made in the same factory. Well, the flip side of that, Signet Jeweler is under fire for diamond swapping. There was a bearish note on the stocks a couple of weeks ago. I think its a great deal of smoke. Some say, its old news and the company has intimated its not going to. So was formaldehyde at Lumber Liquidators until it was new news. Now the ceo is fighting back. In the meantime lets talk about the bridge it fears. Bob pisani measuring the brexit fear. Its brt breathtaking. Yeah, it is. Its a problem on both sides. Sort of a triple roymwhammy. Let me put up the bund here. Its been breathtaking. Remember, the bund yields were 2 going back to the early part of 2014. So its 2 . Thats pu
Honor guard. Oh say can you see by the dawns early light what so proudly we hail at the twilights last gleaming stripes and bright stars night gh the perilous we watch m parts were so galantly streaming red glare ckets in air bs bursting f through the night that our flag was still there stars y does that wave d banner yet over the land of the free and the home of the brave. [applause] moment of silence. Good morning. My dad worked in the north tower. Remembering back to the horrible day 15 years ago has changed my life. I was ten years old. My brothers were eight, seven, and five. Today im proud to be here to memorialize my father. This is the place that gives me a chance to think about beautiful memories, like Christmas Eve when dad took my brothers and i to work to give my mom a break. On 9 11, the nation came together. People really tried to help us. I spent endless summers at a camp for kids who lost family members on 9 11. The counsels helped us to laugh and have fun, to let us kn