Masterca mastercard, microsoft and u. P. S. All lower on the back of their results as well. Bund yields and oil are lower. Tenyear yield, 0. 77 . All 11 s p 500 sectors are lower, sharply lower thats the heat map of all s p 500 stocks very few are green as you can see above me just less than 3 of declines for all three of the major indices, sara. We will ask allianz chief economic adviser mohammed elbrian. Monitoring two live events at this hour, expected speech from french president emanuel macron and a statement from dr. Fauci mike santoli covering the market selloff meg tirrell with more details on the covid spike in the u. S. And europe and ylan mui start us off with the selloff, mike starting to do some damage third day in a row for the s p. Its starting to cut a little deeper the hope gave way and did accelerate the down side multiple pressure points on this market causing investors to have a harder time looking across this valley of growth, right covid case cuts. We dont know wh
It will be another record close. On the week, the dow on pace for its first two week decline since august. Some who think this pullback we are seeing today and on the week could continue. This is a great chart that Katie Stockton shared with our new weekly charting segment earlier this week. This basically suggests we could see a bit of a pullback before stocks climb higher. This is the s p 500 in white over the last year. Katie is saying its likely to move down toward this area theed the cloud, perhaps 200 day moving average, a pullback of 25 before refreshing a year and rally. Year end rally. These are the big gainers on the week. Foot locker up 32 , mattel up 20 . Vision health care of 15 . Netap op onand earnings. Here onsee a decline the bloomberg dollar index, down. 7 . On the year, down more than 7 , on pace for the worst year since 2003. House republicans did pass that tax bill, perhaps a first step in an economic jolt. Some investors relative to the, dollar not too optimistic.
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First time you ever thought about writing a book about this man . 1989, i was contemplating a subject for a biography. I am a field fiction writer and poet. I could not create, but i could explore and explain. I was talking with a friend of mine who said i keep running across his name. Some professor back in 1970 published the first of what was supposed to be a twovolume of Arthur Vandenberg. The world does not need to w o two biographies of vandenberg. My friend said i have to thought my agenda. Why dont you come and talk about some episode in Arthur Vandenbergs life. I gave a little lecture on the debate over the repeal of the arms embargo in 18 in 1939, before world war ii. Eight weeks later, i get a call from the daughter of this professor who is said to be working on the second volume of his biography. Turns out he had a difficult life, had been very ill, and had died. His adult daughter was responsible for selling his house. He was teaching in chicago. She did not know what to do