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Headlines from Smerconish 10/10/24

Smerconish.Com

Markets Hit Record Highs, CNBC
The Dow surged 431 points to a record 42,512, while the S&P 500 hit an all-time high of 5,792 as tech stocks rallied, overcoming geopolitical concerns and Fed rate cut support.

Milton Moves Across Florida, The Weather Channel
Hurricane Milton is headed toward the Atlantic Thursday after leaving 3 million without power and as record-breaking rain, major flooding, deadly tornadoes, and winds hitting over 100 mph continue to pummel Florida.

Biden and Netanyahu Finally Speak, Al Jazeera
President Biden reaffirmed “ironclad” support for Israel in a 30-minute call with PM Netanyahu, condemning Iran’s missile attacks and backing Israel’s offensive in Lebanon.

Dems Hitting Panic Button, The Hill
Democrats are nervous about Harris’s stagnant swing state polls, inconsistent messaging on the economy, and struggles to connect with minority voters weeks before Election Day.

Former Govs Warn on Election Rules, Smerconish.com
Former governors Jim Blanchard and Tom Corbett issue a bipartisan warning to state leaders: uphold new election certification laws or risk disenfranchising millions of voters.

Biden Calls Trump Un-American, Associated Press
Biden condemned Trump and allies for spreading “un-American” lies about the federal response to Hurricane Helene as Milton nears Florida, assuring resources and rescue teams are ready.

Introducing the Margin of Inefficiency. The Super Model
Harry Crane explains that prediction market price gaps stem from structural inefficiencies, introducing the concept of a “margin of inefficiency” to understand these disparities.

Harris Is Glocked and Loaded, NBC News
VP Harris faced backlash for owning a Glock in California, with critics calling her hypocritical given her support for strict gun control measures, including assault weapons bans.

 

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