Right, Adam, I'm gonna I'm gonna begin with you. The cost of living was the theme of last night. Have Democrats found their message.>> Yeah, absolutely, Katie. I think that's really the throughline uh from Virginia to to New York City. And while all of the Democratic candidates talked about these issues in different ways and uh to different uh tones and different audiences, uh it really connected all of what these uh campaigns successfully managed to put in front of voters.Uh and it was really just the the ...

Group 1 - The dollar index (DXY) reached a 5.25-month high, increasing by +0.08% due to stronger-than-expected employment data and an ISM services index rise [1][3] - The US October ADP employment change rose by +42,000, surpassing expectations of +30,000, indicating a robust labor market [3] - The ISM services index increased by +2.4 to 52.4, exceeding expectations of 50.8, marking the fastest expansion in 8 months [4] Group 2 - The dollar received support from reports of moderate Senate Democrats considering an end to the government shutdown, alongside Fed Chair Powell's comments on interest rate cuts [2] - The ongoing US government shutdown poses risks to the economy, potentially leading to interest rate cuts if prolonged [3] - The markets are pricing in a 64% chance of a 25 basis point cut in the fed funds target range at the next FOMC meeting on December 9-10 [4] Group 3 - The EUR/USD fell to a 3-month low, down by -0.02%, primarily due to dollar strength and easing producer price pressures in the Eurozone [5] - The Eurozone's October S&P composite PMI was revised upward by +0.3 to 52.5, indicating the strongest expansion in nearly 2.5 years [6] - Central bank divergence is evident, with the ECB likely finished with its rate-cut cycle while the Fed is expected to implement further cuts by the end of 2026 [6]

The US economy typically rebounds from government shutdowns. This time might be different https://t.co/Sp5Kyc8QUA ...

Treasury Secretary is joining us now. Uh Scott Besson, we we worked on that that segue. Uh Mr.. Treasury Secretary, I hope you liked it. How are you. Good good to see you.>> Good morning, Joe. Good to see you. >> You uh let's talk tariffs and and and uh since it's front and center for everyone with with this beginning now at at Scotas, you have said you're going and um you want to be in the front row.I think you're I think your chances are good if you say that's where you'd like to sit. Uh, look, Joe, I I t ...

Public Sentiment & Political Impact - Public backlash against perceived tone-deaf actions by Donald Trump and his aides, including lavish parties and use of government benefits, is breaking through to regular citizens [1][2][3] - The contrast between Trump's opulent lifestyle and the struggles of everyday Americans is being likened to a "Great Gatsby" scenario, resonating with public concerns about wealth inequality [1][2] Policy & Economic Implications - Republican policies, particularly during the Trump administration, are characterized as benefiting the wealthy through measures like tax breaks for billionaire donors [5][6] - These policies are linked to cuts in social programs such as Medicaid and SNAP (Supplemental Nutrition Assistance Program), with SNAP cut by $186 billion, impacting vulnerable populations [4][5] - The administration is accused of prioritizing the lifestyles of the rich while harming working-class and middle-class Americans [6]

Day 34. What does this mean for the state of New York having at least some of these food stamps covered. And how long can the administration keep that going.Well, assuming they're talking about depleting the emergency fund, that's roughly $6 billion. And food stamps for an entire month under SNAP benefits is over 9 billion. So, you know, theoretically, this will extend benefits for a few weeks.But again, we shouldn't even be in this situation. This should have been resolved weeks ago. House Republicans pass ...

Investors continue to be concerned about the government shutdown. Earnings and geopolitical worries might be reflected on Monday's trade. Private reports on manufacturing and service sector activity and private sector employment might be the focus this week. In the Asian trading session, gold edged higher, while the dollar eased from a near three-month high. Oil prices rose after OPEC+ decided to hold production steady in early 2026.Asian shares finished positive, while European shares are trading mostly u ...

Election day is just two short days away or long depending on how you look at it. And one of the most watched contests is the New Jersey governor's race where different polls are saying different things. A Quinnipak poll released on Thursday shows Democratic Congresswoman Mikey Cheryl leading former Republican state assemblyman Jack Chillerelli by eight points. Another poll released Friday by Sulf University shows the race within the margin of error with Cheryl leading Cherelli by just four points.Another m ...

Democrats have framed this debate as being about health care premiums, which are expected to skyrocket at the end of the year right now. But have we reached the point where other crises like those benefits now no longer available to Americans have become more immediate that it needs to be addressed right now? We need to find a bipartisan path forward to enacting a spending agreement immediately that meets the needs of everyday Americans in terms of improving their quality of life and lowering the high cost ...

Market Overview - The market showed resilience in October, with the Dow finishing up 41 points and the Nasdaq gaining 61 points, despite initial concerns of a decline [2] - Amazon's stock surged nearly 10% to an all-time high, while Apple's stock opened strong but lost its gains [3][4] - Overall, major tech companies like Meta, Microsoft, and Alphabet performed poorly, with Meta experiencing a significant drop of over 100 points in two days [4] Company Performance - Amazon's frugal approach has been well-received, contrasting with Wall Street's skepticism towards heavy capital spending in AI by companies like Meta [5] - Berkshire Hathaway is undergoing a leadership transition as Warren Buffett retires, which has led to profit-taking in the stock [9] - Palantir, led by CEO Alex Karp, is viewed positively, with expectations of continued long-term growth despite potential short-term profit-taking [10][12] Consumer Sector Insights - Companies serving consumers are facing challenges due to inflation and economic uncertainties, but a long-term perspective is encouraged [7] - Clorox's stock is down over 30% for the year, reflecting changing consumer behavior as inflation affects brand loyalty [12] - McDonald's and Burger King are seen as key indicators of consumer spending habits, particularly in the fast-food sector [17][18] Upcoming Earnings Reports - Berkshire Hathaway's earnings report is anticipated, especially with the leadership change [8] - Clorox and Pfizer are set to report earnings, with expectations for insights into consumer behavior and market conditions [13] - Companies like Shopify and Uber are expected to perform well, reflecting their strong positions in the e-commerce and ride-sharing markets [14] Investment Strategy - Long-term investing in quality stocks is recommended, particularly in a diversified portfolio [6] - Companies like AMD and Axon are highlighted as long-term outperformers, with significant potential in their respective markets [15] - Caterpillar is noted for its strong performance, particularly in relation to data center equipment, with an analyst meeting upcoming [16]