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Activist investor nelson pelts disclosed his firm, what that thens for the stock, and a rough week for banks. Reports of suspicious transactions and backlash against wells fargo ceo, but there could be some positive factors ahead. My colleagues, ben levisohn, carlton english. Ben, im going to start with you. Weve been chatting this week about the market, and you kept on saying stocks are behaving in a weird way. Whats so unusual in. The week started pretty badly, fears about covid resurgence in europe that really knocked the market down. It built with the questions about economic stimulus and ...

It is a decided direction and big tech. The lagging sectors are energy as Oil Prices Fell 2 , and health care. A picture of an economy that has largely stabilized but is also at risk of stalling out, especially if there is a second wave of the virus. No vaccine and no stimulus forthcoming. Jobless claims moving in the wrong direction and new home sales rising more than expected as americans continue to hunker down. The vix inching higher. It did get to 29. Treasuries are moving higher. That means lower yields, or at least it did before the most recent change, and the dollar stronger versus all...

Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, t...

Whitehouse leave me alone. [laughter] i am telling you, if we ever clean up plastics in the ocean, it will be because of these two folks in senator leahy and i will be willing coconspirators. I have been told about this a lot, and im astounded by the problem mankind has created for the oceans. We can be better stewards of gods creation. We are going to have a hearing today about some solutions, and we are going to find a way to create some kind of fund that people can contribute to. I know they are doing it at the world bank, but i like the global fund idea where the world comes together under...

The ocean. Why are we having this hearing . Sullivan and the white house will leave me alone. [laughter] evertelling you, if we clean up plastics in the ocean, it will be because of these two folks and senator lee and i will be willing coconspirators. I have been told about this a lot, and im astounded by the problem mankind has created for the oceans. We can be better stewards of gods creation. We are going to have a hearing today about some solutions, and we are going to find a way to thate some kind of fund people can contribute to. I know they are doing it at the world bank, but i like the...