the world is driven by a dream shaped by one person of those. who dares thinks. we dare to ask. the why the why am i looking down with the white house. in the soil or how i don't think if the thought of the clothes all about both of

them then i will take on. top that. all my. number 1000001 6. this is a boom box for the one business show you can't afford to miss unbridgeable or in washington coming. into the still to december. you must stay home. as another wave of covert $1000.00 infection slams europe the united

kingdom will reimpose a major national lockdown straight ahead we take you across the atlantic for the latest but as the u.s. election campaign nears an end we take a look back at the horse race and the big dollars that fund it we have a packed show today so let's dive right in. and we lead the program with the latest lockdowns in the u.k. as europe continues to see a surge in copan 1000 cases now the announcement from british prime minister boris johnson comes as the nation eclipsed 1000000 confirmed cases of the coronavirus the new restrictions will begin thursday the 5th of november and last until the 2nd of december the prime minister spoke about the new measures on saturday in this country alas as across much of europe the virus is spreading even faster than the reasonable worst case scenario of our scientific advisors whose models as you've just seen now suggest that unless we act we could see deaths in

this country running at several 1000 a day now is the time to take action because there is no alternative from thursday until the storm to december you must stay at home merely leave home for specific reasons including for education for work it's safe you cannot work from home exercise creation with your household only. one person from another household for medical reasons appointments and to escape injury or home to short for food in essentials and to revive care for vulnerable people as a volunteer. johnson defended the decision monday saying there was no alternative but to take action meanwhile the handling of the pandemic has become a major campaign issue in the presidential election in the united states president donald trump on sunday took issue with the latest set of lock downs in europe while on the campaign trail also discussing what he believes will happen if former vice

president joe biden were to win the white house. europe of poster coney unlocked cases were surging and deaths were surging but think of a draconian now they have to do it all over again what the hell are they doing i think i'm going to go over to. the vida lock down to a mean no school no graduations weddings or you know thanksgiving. no he sure is no chris reason for the generalized and no future other than that i think he's doing what a good job right. by these locked you'll be living in a prison state that's what it is they want to lock it down. and we may be inching closer to a coburn $1000.00 vaccine as astra zeneca announced sunday regulators in the united kingdom had started an accelerated review of the company's potential vaccine now during these types of reviews the medicines and healthcare products regulatory agency or m h r a is able to see clinical data as it comes in and communicate with the drug maker

on the state of manufacturing in trials to speed up the approval process astra zeneca is vaccine which is being developed with oxford university has been seen as one of the front runners in the development process fellow front runner pfizer said friday it had begun and all accelerate a review with the m h r a as well so with all of this in mind let's go ahead and take a look at the trends and spread of the virus globally with r.t. correspondent science having your side where are we monday so right now the global current of virus total stands at over $47000000.00 and growing at about $1200000.00 deaths now europe north america and latin america are accounted for about 70 percent of the global case says that over 79 percent of the global deaths now the u.s. leads the world in their number of cases and that's with over 236000 and growing now sunday's numbers there were lower but the 7 day average is now at the highest

the country has seen you see right there on top so right now we're 45 for. sent up compared to 2 weeks ago now in fact cases have actually been increasing in cross the country at the fast this raid since the start of the pandemic brand now take a look at the us right now every single state the reason everything here is green is because we are seeing record higher cases compared to 7 days ago now michigan reported more than 4000 new cases on sunday its 3rd highest since the pandemic began after hitting a record last week now high oil they've also reported its 3rd highest daily total after reaching record levels at the end of october now other states that have seen a higher numbers recently reported lower daily figures for sunday including wisconsin and pennsylvania but only because the number of new cases reported tends

to be lower at the beginning of the week because fewer people get tested over the weekend and that's they're up 19 percent compared to last week now some of these numbers for example wyoming yet again with the highest 14 day change in that's 533 percent montana right now has a 158 percent spike and it's called $1000.00 that that's wisconsin that's 167 percent new mexico $78.00 south dakota 68 percent and it's not just bret is not just death spread but hospitalizations are also on the rise which means that there are going to be leading to more deaths in the coming weeks so obviously not the direction the nation needs to be going right now brant then so are we actually just spoke about the u.k. lockdowns can you give us a rundown of the walk those european nations are facing right now so a large parts of europe and their lockdowns this week with more country joining the

list of nations you know they have this. cited that a tougher restriction is the only way to stop the virus from getting out of control although some would argue it already has because listen numbers don't lie you know we mentioned you care earlier they were already past the 1000000 mark and they have the they're the country with the highest death toll in your greasy rate here the trend is going higher and higher and therefore we partial lockdown in england starts nov 5th so it's less strict in the 1st one they had in march which was but right now it's non-essential shops. are closing but schools and universities are going to be remaining open and now i want to go to germany they're going into a partial lockdown starting monday and you see their cases are also trending up now this new measure will close bars and restaurants and hotels while keeping schools open and germany is also in another bad situation in addition to their cases going

up because they are no longer able to track infections back to the source known as contact tracing a very important element in controlling those virus now in italy you see them going up once again they're seeing a surge in new cases now their government imposed a new curfew and which has led to anti lockdown protests that we have been covering nonstop here now france last week entered into a new lock i mean take a look at this hamburger they were under 5000 cases a some under 2 now they're ahead over 50000 cases a day so now there are new partial lockdown it's going to last about a month with schools and workplaces remaining open but people who are crying permits to actually leave their home now want to go to belgium just take a look at these actually no let's do spain 1st so spain they when they were looking good in september but then towards the towards the beginning of october they started going back up and now you see once again they're reaching anywhere from

122-0000 cases. per day now they're having partial lockdowns on the clusters around the country that is seeing the most cases now and now let's go to belgium i mean take a look at this so in sid temblor they were seeing less than $400.00 cases per day now fast forward about a month and a half they are seeing about $15000.00 cases a day now they announced the partial lockdown starting monday and that's their latest because they have the highest infection rate in europe now this new lockdown means non essential businesses will close until mid december last may i want to go over poland they too again take a look at this in so temblor they were and they were getting about a 1000 cases a day now they're almost at $20000.00 cases per day so even though poland already had the highest level of restrictions to date in europe with public gatherings being banned school clothes and restaurants close they still have managed to see

this huge spike so lots going on in europe which will be covering constantly bring into our viewers brunt arche correspondent saya temperature thank you for keeping us up to date. and global equities rebounded monday after that massive selloff we witnessed last week so let's go ahead and take a look at what's driving markets with us co-host christiane and the managing director of the market gauge group and author of the bestselling book play your money tree a guide to growing 'd your wealth michelle schneider thank you both for joining us today michelle i want to start with you is the rebound simply because everything got oversold last week or is this driven by easing concerns did anything really change between today and friday aside from more coronavirus cases. well actually on friday we started to see some positive signs if you separate what is happening in tech in the fang stocks and that is not altogether on expected

considering i know we have talked about the fact that the big big stocks had not much. to go to the upside and we look at where the money started going in to on trying a small caps the transportation the retail the banks which haven't really seen any great rotation on friday will find came into those areas at the end of the day and on a weekly basis they held technically where they were supposed to so the follow through today is really not necessarily that big a shock and yet if we also step back it's still very small within the big range that we had yesterday so really a lot remains to be seen as we continue the week kristie j.p. morgan actually just downgraded the tech sector for the 1st time in 2 years what are they see. so the tech sector as michelle said it's basically driven this entire rally since march so now j.p. morgan downgraded from overweight to neutral saying that no matter who wins the most tomorrow there will be

a change and market leadership so this downgrade comes after the nasdaq fell nearly 9 percent since october call which is basically just shy of correction territory so j.p. morgan isn't the only one taking money off of tech now david einhorn and greenlight capital and known for its the jerry shorts he recently published a piece to kind that's the tech bubble popped on september 2nd when both the as a b. and the nasdaq all time i saw according to him investor sentiment is shifting as the bubble is toppling under its own weight as everybody and every last robin hood he has basically bought into this tech rally adding on dips and covering every single last short so there's no more incremental buyer all the way up here and j.p. morgan saying the same thing and it's now pushing all of the value stocks in upgrading bank names like michelle said from neutral to our way so this actually accelerated today and accelerate the tech selling today as in see this location going into x. which have been a terrible performer year to date down about 4.2 percent in the euro zone and it's

looking really cheap down here so this time around their balance sheet are a lot more resilient so any. and bond yields would be good for the sector. our market setting up for these presidential elections tuesday what are investors piled into and how are they hedging for a potential long term policy shift if there was a change in power in washington. it seems like the market is actually hedging for either candidate to win because today if you look at classically what happened today you have a huge amount of money going into the cannabis stocks and even though separately there are 5 states that have legalization of cannabis on the ballot really federal government cooperation is going to be key to whether or not that can rally sustain so we saw some money there but we also saw money going into oil and gas the old oil and gas also alternative energy so you can say that really the money is sort of spread out for either or and i think there's one major reason for that no matter who wins there will be a stimulus package how about look specifically we don't really know but i'm going

to take the guesswork out of this a little bit a finite a as floor traders we would look at opening ranges and then we would trade off of the breakout of the breakdown of that range we have done a lot of historical research on election opening ranges and really you feel look at the range from today monday to november 6th the high or the low next week really if you don't want to over think just follow the range buy stuff that breaks out that would be the bullish ones to buy and then sell laws or just know that these things will be barest of things that break down to the underside and really it's that simple so it takes a lot of the guesswork out in terms of who's going to prosper and who's going to fail depending on who joins now kristie i know you like to keep an eye on the crypto market how about bitcoin how is crypto actually positioned going into the presidential election. while big client is literally just dollars away from its highest monthly close so this set up guy and elections actually looking quite

bullish especially we look at a few factors going on right. now so firstly regarding the elections no matter who wins the result will be pretty good for safe haven such as gold and because i mean on the us situation for markets in europe that's looking pretty bleak with the new lockdown restrictions being implemented across the continents so now the e.c.b. also confirming more stimulus and more money printing with democrats and republicans at full strength for mike more stimulus because it is looking pretty good as an inflation hedge so secularly we also have the support of institutional as they continue to just so the tween pay pal which is the 2nd 20th smartest bank my deposits coming in you know square greyscale micro strategy and all that it's really safe to assume that all the remaining big quine in existence they'll be not all the companies so they climbed right now they're watching the next few days very closely because if bitcoin and stay above 10000 i to morrow i elections we could

see another rally wait because i know there are big i will have spent 100 days of 10000 consolidating and stabilizing and so while i hit predictions on all that if we look at what happened historically now mind tends to get in by order of magnitude whenever it's been is above certain price points or $100.00 days so it's a really interesting pattern to point out not prediction or anything but it is a pattern because after staying above $10.00 for $100.00 days it took only 120 minutes are going to reach $100.00 after staying above $100.00 for a 100 days you hit a $1000.00 and have a stamp of a $1000.15 days 810000 so it at any rate it's coinciding with a major us catalyst whether that's coincidence are straight and no matter who wins more stimulus or more money being printed these translation which works out perfectly in. christiane michelle schneider of the market gauge group thank you both for that expert analysis. and thank you brant. it's time now for

a quick break but hey here be. because when we return election season 2020 is winding to a close the united states so straight after the pause we'll bring you up to speed on the funding of this horse race and as we go to break here the numbers of close.

ties or financial survival they say the balance is. close to these if this is a central plank supported by a common kind of problem i know it's a stop to. join me every. time i'm sure. i'm sure i'll see you then. welcome back the 2020 presidential election has come to the end of its cycle and there are a number of reasons that this election will go down in history but one of those

reasons this will be the most expensive of all time that is until probably 2024 joining us now to discuss is boom buzz co-host ben swan so bad can you break this down for us the cost of this election how much was spent on the presidential race and how much went to congressional and senate races yeah it's pretty incredible and you're right it's probably going to be a record that only holds for about 4 years but if you take into consideration how much total we're talking about $6600000000.00 let's break down how that compares if you talk about what was going on congressional races in 2016 the amount that was hit was 4 point $1000000000.00 in congressional races this year it's projected that number was $7200000000.00 so nearly double the amount that was spent in 2016 and then also on the presidential race $2400000000.00 was and spent on the presidential race this year is expected to be around 6600000000 so the numbers are just unbelievable when you think about how much that spending has just vastly increased print over where it was just 4 years ago which by the way yes to your point was

also a record election in terms of spending and it's kind of bizarre ben if you think about it because president trump doesn't traditionally spend as much as a normal republican candidate so when we talk about looking forward and having an establishment republican which we would assume we're going to have in 2024 this is this number is going to go up and is going to go up probably by a lot correct yeah absolutely right because the truck does not spend his own money on the campaign and he actually was vastly outspent last time around he's been vastly outspent this time around he's pretty unusual in terms of being a president a lot of ways but certainly as a campaigner he does not raise the kind of money that other candidates do you're right about that special interest groups are always getting involved but this year you are seeing. difficultly more money being spent by silicon valley to oust trump and support biden than we saw for clinton in 2016 correct yeah we're talking about some pretty staggering numbers here so we break down silicon valley who does that mean what means people living obviously in the san francisco area it means specifically people who are working in

a dignified themselves as either software software engineers in those areas or in venture capital and then also who work specifically for either facebook amazon microsoft netflix apple or alphabet or one of its subsidiaries but here's the amounts in 2016 silicon valley vastly spent for clinton over trump to the tune of about. what was it $163000000.00 but this year they've increased that spending by about 22 percent at $199000000.00 that's how much silicon valley has put toward joe biden in trying to get rid of donald trump you know over the weekend the biden campaign actually released a list of its largest donors that call him bundlers those are the people who fundraise for the campaign why did the campaign wait so long to release this information until we were just a couple of days away from folks go to the polls yeah this is kind of interesting because you know brewer broke obama was all about transparency he was going to be the most transparent administration in history one of the things that he did was he came out and on

a regular basis what announce who the butlers were who was going out raising money for him and who the large donations were coming from in order to match that hillary clinton did the same thing in 2016 being on a regular schedule biden has not done that this time around in fact what he's done is held off until the very last minute over the weekend as you said finally releasing some of these names and some of these bundlers are very surprising people to judge as one of them adam schiff the congressman from california is one of them wrong conway is one billionaires like reid hoffman but what's interesting about this in campaign finance watch dogs are very concerned about the fact that they took so long because biden did not follow in the footsteps of obama or clinton in the way they ran their campaigns in terms of releasing that information and he held on until help. on to it until the last minute when we talk about this these billions of dollars being spent now i know you've spent time in local television stations i spend time at local radio how much is being spent on media a good portion correct oh a huge amount is being spent on the us where most of it goes and by the way it's

not just on local television right national television on also on the internet if you go to youtube when you click on any video on you tube that's monetize what do you see you're seeing campaign ads running all the time on every one of those videos it's running all social media all the time it's also pretty interesting to see that not only is a huge amount of money being spent right now but the amount of time that it's been spent keep in mind people have been running for this office now brand for 3 years and 2 months that's when the 1st democratic challenger announced that they were going to run that was 3 years ago and 2 months and so you're essentially we're almost hitting the point of it inless presidential cycle and how does that differ from where we see you know internationally at some elections in europe you see that they have limited campaign cycles is there an appetite for that in america because you're right we only campaigning for $1200.00 days now the term election fatigue doesn't even seem to cover it the way you feel about election now so is there any

call for that or any movement towards maybe a truncated election season well there is not a call for it right now if you ask if you ask most americans most americans wanted i think because there is absolutely election fatigue taking place and keep in mind we have election fatigue and the election hasn't even happened yet so we're in process tomorrow obviously is a big deal on tuesday we have the actual election and then how many days or weeks or months do we go even beyond that before we fully understand what's taken place so we stay in election mode and you know november 3rd is not in the election mode having said that we're talking about 1194 days that was when the last or the 1st excuse me democratic challenger came in it was that long ago so what we're we're. moving toward is this kind of perpetual cycle of campaigning but it creates jobs for people in washington d.c. and lobbyists and political activists and people who make money and advising campaigns they want to keep that in motion and it also works for as you said for media who makes money off advertisements and the money that's spent for them so the

people who really have the microphone to say we maybe we should have some limits on this or the ones who stand the most from having perpetual election cycles well because it definitely seems like there's a and i hate to use these kind of terms but a d.c. insider feel because you see it every election cycle and you actually see it coming through the primary cycle as well say a primary candidate like bernie sanders he has a big staff but he loses about 9 months out and has to kind of wrap it all up and goes to a smaller staff and then you see those folks who've made their money throughout the entire year and they spend you know i don't know a year on the road enjoying a vacation while the rest of working class america is trying to pick up all the pieces ben swan thank you so much for following this for us and breaking it all down you've got to think sprint. and that's it for this time you can catch boom bust on demand on the brand new portable t.v. app which is available on smartphones and tablets through google play and the apple app store by searching portable t.v. portable t.v.

can also be downloaded a newer model samsung smart t.v.'s as well as roku devices or simply check it out after portable t.v. we'll see you next time. it was a very nice show from president. and i could have said no thank you or i could have said thank you and i said i'll take it and now it's time to introduce. mr don't

travel thank you susan drew much was the. name whatever you want to name i mean i don't know how would i come that news that's dishonest telecoms better recorder or e. networks and totally dishonest c.n.n. is says you know 100 percent negative. change fails changes so sometimes i'll say that's going to be a great story be a pretty good report and others good as you. will see what happens. who knows what we'll see on the field will be a success. so what we've got to do is identify the threats that we have it's crazy . let it be an arms race in spearing dramatic development only. exist i don't see how that strategy will be successful ready. to sit down and talk.

the u.s. has a history complicated and heated presidential what's different is that the biggest political events of the last 4 years is happening coronavirus. precedents at the level of civil unrest sparked by the death of george floyd end. of the radical groups on both sides of the political spectrum. say. these groups attract burying members who have taken to the streets may control tasks look like full. scale you know what you see here we're going to do you know what's about to happen this demonstrators are sometimes heavily armed and they are not afraid of violence or law enforcement. if you want a war lead to deal with us. we're going to meet those groups and their

leaders to find out how far they're ready to go to fight for what they believe is stupid for this country. have quoted islam a terrorist was behind an assault in vienna darcey 4 people were killed including the a tonka which is does describe the situation. where i saw the attacker running into various interest groups my friend we were in. in the city center and then we heard some shootings. and seen international condemnation of the shootings in the austrian capital from the south of also being well to a semi by.