Change the outcome . Matthew whitaker in that. Bill barr is looking into election irregularities. I will ask former utah congressman Jason Chaffetz why it is so important to let the Legal Process continue. All that and so much more on making money. Charles so the stock market had been all about the have and havenots for couple years. More so this year with the work at home stocks taking off like into outer space but now tech source that sorely underperformed are surging, and doing it with the kind of vigor we normally associate with megagrowth stocks. The nasdaq came into the session up more than 30 for the year. Since october the story has been the small cap names. Russell has gone from the worse to the first, from worst to first over that short period of time. Many investor are saying stop the crazy stock market. I want to get off. Should they instead rotate into the beaten down names instead . Lets ask bny alicia left convening, Michelle Snyder and bellpointe chief strategist, david
Now, boxes and boxes of ballots and the voting continues. Voters in green bay, wisconsin, they are doing their most cherished civic duty. Americans making a crucial choice all across the nation. Which candidate will do a better job over the next four years to protect the nation and strengthen the economy . President trump spending election day in the nations capital, visiting the headquarters of the Republican National committee earlier. While his democratic challenger, former Vice President joe biden, just spoke to a crowd in philadelphia moments ago, making lastminute Campaign Stops in the key battleground state of pennsylvania. Weve got team fox business coverage of all the angles for you. Special assistant to the president on what the number one priority will be for President Trump if he is victorious. While joe biden fundraiser robert wolf is here to answer the same question for the dems. Ernesto ramos manages billions of dollars and has the Market Impact of tonights decision. And
That is growing. The nasdaq was up 110 and s p up 38 points, one and three quarters percent higher across the board. George floyd will be layed to rest today in houston, this as calls to defund even disband Police Departments across the world intensify. President trump, though, holding firm saying we cannot give up on Law Enforcement opposing efforts to Defund Police forces. Turn to ongoing battle against coronavirus, the World Health Organization says that the spread of the virus by people who are asymptomatic appears to be rare as some cases seeing rise in case this week. Mornings with maria is live right now. Global markets this morning red across the board. Take a look at european indices. Cac request rant in paris 89 and germany by 237. The economy will decline 5 and a quarter percent in 2020. Take a look at asian markets overnight with the best performer there hong kong, hang seng index up better than 1 . Some of the top stories that we are watching this morning, President Trump
Nation to closer to fulfilling her uncles dream. Ibm getting out of facial recognition business saying it could be used for good more than evil. The tech giant warning of dangers of technology. This is big news. Well have a whole lot more on that and more on making money. Charles all right, folks, nasdaq crossing the 10,000 mark for the First Time Ever but today well its clear that the overall rally is a little bit tired. Maybe looking to take a break, consolidate some gains. On that note we are seeing yellow flags of excess, speculation like massive call buying. Also running up shares of bankrupt companies. One was up 1000 . Theyre bankrupt i will say those i think are shortterm yellow flags. Nevertheless lets get the read from Capital Wealth Planning chief jeff saut and alicia levine. Jeff, i got to start with you. Youve been bullish throughout all of this. Youve been completely right. Is there a sense maybe the market has come too far too fast . Well we had a buy signal on march 24t
Warns of a major decline in asset prices if the pandemic worsens, also saying commercial real estate could endorse , and flags stress risks with regard to financials. We are going to dig deeper later, but this is quite the yearly report. The main headline here is that there is a major decline in asset prices. Also crossing the wire right at, march investment inflows 350 billion. 349. 9 if you want to be precise. Still with us is the Capital Markets u. S. Equities strategy head. Lori, when we get past what weve seen in equities, can you talk to me about what we are seeing in the treasury market, specifically with some of the expectations we saw late last week that the fed might have to go into negative territory with its nominal rates. There is still this concern that given the fed support and the trajectory of the economy that some sort of near zero if not below zero rate policy may be in the cards. What do you make of it . Negativeonomists think rates are unlikely at this point. What