joe: romaine bostick is out .oday --oline: is it is not a flight to haven.oe: the question is "what'd you miss?" caroline: we will discuss the stock market chugging along higher. this week the s&p 500 posted its worst week since march. gdp is that. even jobless claims declined more than estimated. disconnectk economy thes, but it didn't work right way round. the data held up in many ways. personal spending much better than expected, but it was a rough october and a rough week and an ominous one that has got global markets anxious. caroline: we have another cool bar chart were you. basically what it is saying is if the stock market is ugly it does not code that well for the party that is in power. moment's, we have all seen some pain trade in the s&p 500. this does not bode well for a highlynt who speaks so of the stock market. people are looking for fundamentals. this is not voting well. joining us now, katie greifeld. what are people saying about what is driving the market action here? reporter: it has been interesting to watch that breakdown. the s&p 500 i

olin corporation supports the proposal proposed final rules. these new rules are one of the most important reforms the scb can make in the near term for resolving rate disputes and helping create a playing field for negotiations with the railroads. we firmly believe that this proposed rate review procedure and other modest regulatory changes will benefit the long-term health of the rail industry as well as rail reliance through u.s. manufacturing. finally, we support a full complement of board members and a fully funded engagement. thank you for the opportunity to appear today. >> thank you. next we will hear from gordon. i am randy gordon, president and ceo of the national grain and feed association. thank you for the opportunity to testify. ours is the nation's largest agribusiness trade association founded in 1896, we consist of thatthan 1000 companies operate more than 7000 facilities nationwide and handle more than 75% of the u.s. grain and oilseed crop. essential. with respect to the pandemic, the u.s. department of homeland security issu

olin has been working. i happen to like dow is great dupont still have it and working, too stock picking is all about patterns including seeing some obvious ones and getting them because you say well, wait a minute, if that guy going to take amazon like that, i am going to s.w.a.t. it down. these younger investors keep on taking it up go ahead because i am taking a 24-hour black out because you are so nasty "mad money" tonight, october is looking more encouraging than september so far well got to go off the chart then is the investment of cruise line sinking ships i will take a closer look at their sector i would like to think that i am a pretty smart guy but i can't get to them all. >> don't stop me and going straight to the source to learn more of the company and look at the skeptical and critical side. stay with cramer don't miss a second of "mad money. follow @jimcramer on twitter send jim an e-mail or call us at 1800-743-cnbc. miss something >> head to madmoneycnbc.com. ready to shine from the inside o

the olin foundation wrote to its trustees in 2003, all in a all, the federalist society has been one of the best investments the foundation ever made. since its founding, the federalist society has put forward extreme right-wing legal theories, and as their influence and power have grown, they've worked hard to bring those theories into the mainstream. mainstream arguments like originalism, ms. judge barrett, the late justice antonin scalia, gorsuch and kavanaugh all claim to hold. this is how judge barrett explained her philosophy during the hearings. i think interpret the constitution as law. i interpret text as text. i understand it had the meaning it had at the time people ratified it. the meaning doesn't change over time. well, that's a great cover story. it's a great cover storks but it is a cover story. it is a cover story for the superelite to manipulate america. and it dissolves upon any detailed examination. because we know, if we bother to read history, that virtually every clause of the constitution had founders who disagreed on what it meant p. yes, you had a pretty homo

tom: we have to leave it there. ,olin wittmer, busy week wonderful to finish strong with you.ittmer with pwc. we set up. futures continue to advance, up 15, now 22. dow futures up 59. lisa: the idea that is interesting to me is the data does not matter. even though we see the virus spreading in europe and frankly spreading in many places in the united states, people are mapping out a time beyond the pandemic. i'm struck by the fact, how do we do this when so much of people's reticence to go out depends on the virus, not any official policy. how do we look past this? tom: it is friday evening on the pacific rim if i get my time zones right, i have to think through that. the remember the breaching seven solidly. we have a 6.6997. 6.70 remember the. it is amazing to see the pacific rim strength that china favorite leland miller was talking about. lisa: leland miller also talking about a certain point the chinese officials will not like this. some of the economic powers they have gotten has come from their imports which have surged. successfulrro and i at boxing lisa abramowicz ou

the oline just above the -- the yellow line above the orange line earlier, we are heading in the sameirection and i think where dr. gottlieb is referring to. a lot of people have sort of said this. see what is happening in the eu. look how long it predates what is happening here and you can anticipate that same sort of pattern here because many of the same things are happening here in terms of those case rates. quickly, i'll point out as well, it's one thing the numbers of newly infected people but it's obviously the hospitalizations and deaths are so tragic. hospitalizations are a truer measure in some way of the impact of this and we no many states around the country, hospitalizations are at the highest that they have been throughout this pandemic. we know going into flu season, going into cooler season it will get a little worse. >> may not be a little worse. it may be a whole lot worse. we hope not but the fear is there. as you heard in the report that erica reported, nih director collins saying he won't be getting together with his family this year for thanksgiving and first time

we'll debate those stocks next you can always watch or listen to us ve olin the go on the cnbc app. change is all around us. shaped by technology and human ingenuity, we can make it work for you and your business. ♪ find a stock basedtech. on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. >>> here's your cnbc news update in wisconsin, a judge has reimposed the state's 25% capacity limit at bars, restaurants and other indoor spaces this as a field hospital has been opened at the state fairgrounds and plans for more covid hospitals are being discussed. wisconsin set a new daily record for covid infections last week. >>> tropical storm epsilon formed in the central atlantic forecasters say epsilon could reach hurricane strength by thursday morning. >>> for the first time since the early days of the pandemic, the tsa counted more than 1 million air travellers going through it's checkpoints in a single day, however that's still 60% viewer people on planes than the sa

oline: -- the numbers are increasing, there is no questioning to it.edical knowledge that exists. i was in a discussion with a europeanclimate -- client. ofre are more measures constraining activity, and measures that we support medically. we have to wait and watch how that plays out. at the end of the day, we do not think it will impact. it will be guided. caroline: speaking of european companies, earlier this week, we had dreadful numbers of s&p. provider say that lockdowns will think -- will impact the business. withy, what has happened covid is that they work from home focus is strained technology. it is been a force of acceleration and that investment. what you see? do see the s&p side of the equation? do you think that there is commitment to this acceleration? caroline: isil: what we are seeing that large enterprises are going through a big digital transformation programs. they are moving to the cloud. here, we have built a tremendous engine within emphasis, which is our digital business. 25% year on grew year. as ishat really means for partnersh