i am going to say put on my mit hat, but it's jeff mills' hat. >> even though you have no tie to mit >> what is the point of going there if i can't talk about it >> we are following a developing story in the after hour session in the race for a covid vaccine. details next >> it was a big afternoon about covid vaccines both as zen ka and johnson and johnson said their vaccine trials are resuming in the united states. they had been put on hold. going back to september after some events in the trial, they said the fda reviewed all data and said it is safe to resume the trial. they said they expect the trial later this year. the company is saying it's ready to resume recruitment in the united states and that's after independent data and safety board recommended resuming the trial in consultation with the fda. they say no clear cause has been identified the company found no evidence that the vaccine candidate caused the event the company going further and saying they don't know if the participant was on the vaccine or placebo but we would assume if it was on the placebo we could have know

. >> jeff mills is walking on the sunny side of the street he also posited yields are rising because economic growth looks better historically that has been the case, but is that happening? you are in position for that scenario >> for me, the biggest thing is that they have made -- or the investors have made the crowding into the ten-year, into these quote, unquote, safe havens, so barbaric, that the unwind will be terrible for the investor everyone crowded into tech and bonds because bonds were thought to be that yields were never going to go up again what happens if we started off the show saying is the 30-year bull market in bonds over? that would probably be really inflammatory to most people that are watching but just think about this. the disparity between growth and value, when you look over a long-term chart, right now value is mispriced 2x back when the bubble popped. you could say tech stocks are not overvalued to the level they were then, but the disparity in growth has never been what it is now. so i think we are in -- brian said we are starting off for some tough -- a to

tonight we have jeff mills, steve grasso and brian kelly a semi-charged kind of deal. shooting higher on mega merger news how to play it >>> plus our call of the day goldman sachs says buy general electric see if our traders agree >>> and later on, pack your bags because we are riding the rails. why now could be the perfect time to get on board with the train stocks stocks pushed higher again today on renewed hopes that a stimulus deal will finally be on the way. they closed out their best week since early july the strength was broad-based semiconductors, home builders, retail, transportation stocks. all of those hitting record highs in today's session but we are about to kick off earning season as well let's pose this question to you, steve grasso how are you positioned heading into a week, few weeks and maybe a couple of months full of micro economic catalysts >> i was a little toerlz staeart the rotation into value tech now that we see chances of a biden win are increasing, you don't want to be in an inflationary environment you don't want to be in tech with a biden

you buy it at 200s >> i like white boards too, but i thought we had black boards at the nascar jeff millsipped my hand here a little bit, but i vote yes i agree with tim the chart looks good, looks like it's heading back to the 2015 highs. they did a good job cutting costs. i think they probably continue to be disciplined there. i like it. >> he had a nice drawing of a drying and refrigerator, too >> head on to our twitter poll tell us if you are buying or selling on tim's fas else that's good to know. if you have medicare you may be able to get more benefits without paying more through a medicare advantage plan. call now tot pik request this free guide. learn about plans that could give you more benefits from humana. a company with nearly 60 years of experience in the healthcare industry. humana offers a wide range of all in one medicare advantage pl >>> an >>sneakers fitness program and mail order prescription coverage. with humana you'll have lots of doctors and specialist to choose from andy peace of mind, knowing you're covered for doctor's visits and hospital stays. plus routine phy

tonight we have jeff mills, steve grasso and brian kelly a semi-charged kind of deal.n mega merger news how to play it >>> plus our call of the day goldman sachs says buy general electric see if our traders agree>>

jeff mill is chief investment officer at brynmark trust.eks, maybe that's the question. how do you play that with the potential of the stimulus out there, if you think it is even happening, and then the election right in front of you. >> good morning, andrew. that is the big question, the question we're getting the most from clients let me start here. it will be a nonanswer answer to start and then we'll get into more details i started with this quote yesterday during the cnbc fa summit it is all of humanity's problem stems from man's inability to sit quietly in a room alone and that's everybody's problem right now. everybody is sensing this change everyone wants to do something in their portfolios. mike santoli wrote an article not long ago, what he said was, look, to use the election, to use the next two weeks as a catalyst for making specific investment changes is just so difficult. you have to game out who is going to win the election, the makeup of congress, the policy priorities, the impact it is going to have on the economy, and all

recently named to forbes, 100 list showcases companies doing right by shareholders general mills chairman ceo jeffu this morning thanks very much for joining us. >> thanks for having me on the program. . >> so,we just got jobless numbers out from your standpoint, knowing really the -- the flow ofs consumer spending consumers really sentiments how do you characterize the economy today. >> well the economy is going to be in a period going to be a struggling for a while, and for us that means more consumers eating at home confident zmooerz have been eating at home and confident they continue to eat at home for general mills, an important time for us, because an opportunity to serve more people than we ever have. >> how has covid-19 impacted your business? >> to a well, for us, our first quarter end adcouple weeks ago our sales up double digits profitability above that raised quarterly dividend by 4%, more importantly we are competing well in minors i don'ting market share vast majority of categories in u.s. in brazil china, europe so for general mills an important time for us competing well. but comp

. >> jeff i know your longer outlook is bullish you have seed over and over again we are in the milla long term secular bull market. does it matter with this election where you want to be in the market, what type of sectors. i think it dose. i think if joe biden is elected i think the market is going to take a hit i think it is for buying if trump gets elected i think the market is going to rally depending on who is elected i think you have the look at different sectors. you look at health care with biden. >> you look at it, what, to buy or sell? >> no, to buy health care, yeah. >> buy health care on the extension of obamacare? is that what you are saying, jeff >> i don't know if they are going the repeal obamacare or not. i think the new supreme court judge -- it is going to be very interesting when you get into the middle of november to see what happens with obamacare. >> got it. all right. we will leave it there jeff and david, thank you for joining us >> thanks for having us. >> on a big market day we have a news alert here on aig. contessa brewer with the story >> listen, it is