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Today, david. David this no argue about it. We were supposed to have the second president ial debate last night. Instead we got dueling town hall meetings. One moderated by abc news George Stephanopoulos and form Vice President joe biden. The other Savannah Guthrie and featuring donald trump. The contrasts were sharp including the economy and the president s response to the coronavirus. President trump i now it was a big threat. At the same time i dont want to go out and say everybodys going to die. We make up 4 of the worlds population. We have 20 of the worlds deaths. We are in a situation where we have 210plus thousand people dead. Whats he doing . Nothing. President trump we had the greatest economy in the history of our country last year. Including the state of florida where we are now and pennsylvania and ....
Third straight week. For more on wall streets move, we are joined by scarlett fu. Lets talk about how this happened. Ett we had quadruple witching. Options tied to indexes and stocks, that led to a pick up in volume. Then you had it falling below the trendline, where the average price over the past two and half months. The theme for today, as it has been for the rest of the week is the lingering disappointment that the fed did not give investors a prize that they have been positioning for. Recent winners, the tech, has been consistent laggards. They are the worst performing sectors this month, down 10 in september. Emily i do want to talk about oracle, tiktok, and this dramatic move by the u. S. Government to expel tiktok and wechat by the app stores. When did you what caught your eye . Scarlet what i found interesting was that even though it trended lower, volume in the stock is off the charts. It was about 26 million shares this week on average. That is up 86 from the first two weeks ....
Scarlet speaking of next year, reporters considered the future of investing. Just the availability of stocks to choose from to go long or short has really changed a lot. Investors have realized they need to pay a lot of money who is actually not potentially in the market. Scarlet investors, ceos, and policy share their insights on the here and now. Dealing with the technology shift is much easier than a Business Model shift. Im a Firm Believer in a trade, trade is good for both parties. We are beginning to see a return to stable markets. Scarlet its all straight ahead on bloomberg best. Scarlet hello, and welcome. Im scarlett fu. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television aroun ....
Reaction around the fact that the government had been shut down for a third day in a row. The senate cleared a pathway for shortterp spending through february 8th. Investors seem to be heartened from that. Hiles now off the record lows. The s p 500 energy index is the best second tar for the s p 500, helped out by a lot of the drillers. Real string there for the driller after they reported a strong Fourth Quarter. They beat earnings and revenues. Earnings by more than 13 . Margins quadrupling to about 15 . Lots of strength there. The company is also talking about the idea that there is a worldwide recovery under way for the oil market and that the u. S. Shale market has much to do with this. Helping out some of the other drillers as well. Lets take a look at the 10year yield along with some of the rate sensitive sectors. If we look at the 10year yield, we are going to see earlier it was down about two basis points. At this point i ....
Been i thinkhas relatively straightforward and he is not in saying looking for a physical barrier across the 2000 miles of border. I thinkinally looks will not be that big a deal as long as he gets the funding. How will this play out come november . Marty says he has questions the lets assume. Only take that off the table in terms of political fight coming up in november . Absolutely. And you know, how frustrating Democratic Base is with Chuck Schumer and how the progressive activist community with whether they are it is greatly going to impact the 2018 midterms. When you look at centrist democrats, senators mark warner, the forefront of negotiations with republicans as well, and they are saying very different things, the cast of caramel the progressives and the movement are saying. Implications of that from a market perspective really set the stage for certainty and posted 2 ....