jack: i think jack howe -- >> hey, john, this is jack howe. i want do you about bonds. a lot of our big money poll folks say take money out of bonds, put them either in cash or more stocks. but what if i'm too stingy to sit in cash and too chicken to put more money in stocks? you like convertible bonds. is that the answer? what do you like about convertibles? >> yeah, jack, what i like about convert bls is they're a hybrid. they can provide you with a stream of income, they function much like a bond in the sense that improved economy, improved credit ratings will be good for the price of the bonds. and on the other hand, they're also a play in terms of the convertibility factor within the convertible. so there might be a point down the line when the holder of a convertible bond could exchange it for equities at an attractive rate. jack: thanks very much, john, not a well known asset class but certainly useful. i also need to point out that john stolfus is part-time professor at nyu, and he has his students read barron's, and for that we love you. >> yes. love bay ron's

jack: i think jack howe -- >> hey, john, this is jack howe. i want do you about bonds. a lot of our big money poll folks say take money out of bonds, put them either in cash or more stocks. but what if i'm too stingy to sit in cash and too chicken to put more money in stocks? you like convertible bonds. is that the answer? what do you like about convertibles? >> yeah, jack, what i like about convert bls is they're a hybrid. they can provide you with a stream of income, they function much like a bond in the sense that improved economy, improved credit ratings will be good for the price of the bonds. and on the other hand, they're also a play in terms of the convertibility factor within the convertible. so there might be a point down the line when the holder of a convertible bond could exchange it for equities at an attractive rate. jack: thanks very much, john, not a well known asset class but certainly useful. i also need to point out that john stolfus is part-time professor at nyu, and he has his students read barron's, and for that we love you. >> yes. love bay ron's

on the round table, my colleagues, ben levisohn, carlton english and jack howe. ben, i thought the debate might be the big story of the week until we all woke up friday morning to find out that's president and first lady have covid-19, but the market largely shrugged it off. what's going on? >> they say that the market hates uncertainty, but investors have been planning for a lot of it. if you look at the vix, the market's fear gauge, they're expecting a heightened level of volatility all the way through january. so something like this comes along, and it shocks the market, but it doesn't shock it, i think, as much as people would have normally -- if it had just come out of nowhere. and there's also stimulus talk going on, and actually i wouldn't say in the background. that was taking up a lot of attention this week, the negotiations between mnuchin and nancy pelosi. and that also got the market excited because it would love to see a stimulus bill get passed and have a new cash infusion into the economy. jack: yeah, they both sounded fairly positive, they were ma

on the barron's round table, ben levisohn, carlton english and jack howe. happy halloween, ben. we just saw the worst week since march cap off the worst month since march. what do you see happening in the markets? >> yeah. this week was definitely more trick than treat. [laughter] there's, this was the week where everything just came home to roost. we had the election uncertainty which the market had been able to put aside for a while. it came back bigtime. we have these rising covid cases, and there's something about the fact that it hit a record that really stock spooked the market. and then you can have the end of the stimulus dream, earnings from all kinds of companies that no matter how good they were, they really didn't seem to really help the market at all, stocks at all. and by the end of the week, it was just awful. jack: so is there any particular outcome to any of these problems that will help, or is it just anything that shows us here's the course from now on we'll get a boost in the markets? >> i think the good news is that despite everything, the fundamentals are l

so we'll see how that goes next year. jack cc thanks a lot, andrew. great shelf space, we know that. people like the seltzer, they might buy. >>> up next, round table members >>> up next, round table members ♪ ♪ ♪ ♪ this is the feeling of total protection now that we protect your identity, and mobile phone, as well as auto home and life you've never been in better hands allstate click or call for a quote today you've never been in better hands allstate noand if you're troubledan a lifby falls and bleeds,ers. worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman. it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime. dcoughing's not new.. this woman coughs... and that guy does, too. people cough in the country, at sea, and downtown. but don't worry, julie... robitussin shuts coughs down. there's an art to listening. it's the ability to hear more than what's being said. to understand the meaning in every pause. and t

so we'll see how that goes next year. jack cc thanks a lot, andrew. great shelf space, we know that. people like the seltzer, they might buy. >>> up next, round table members >>> up next, round table members yeah, that's half the fun of a new house. seeing what people left behind in the attic. well, saving on homeowners insurance with geico's help was pretty fun too. ahhhh, it's a tiny dancer. they left a ton of stuff up here. welp, enjoy your house. nope. no thank you. geico could help you save on homeowners and renters insurance. geico could help you save noand if you're troubledan a lifby falls and bleeds,ers. worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman. it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime. (vo) i'm a verizon engineer and today, we're turning on 5g across the country. with the coverage of 5g nationwide. and, in more and more cities, the unprecedented performance of ultra wideband. the fastest

so we'll see how that goes next year. jack cc thanks a lot, andrew. great shelf space, we know that. people like the seltzer, they might buy. >>> up next, round table members will give their investment ideas for the upcoming week, so stray right there. movies? i'll get snacks! no, i can't believe how easy it was to save hundreds of dollars on our car insurance with geico. i got snacks! ohhh, i got popcorn, i got caramel corn, i got kettle corn. am i chewing too loud? believe it! geico could save you fifteen percent or more on car insurance. (vo) i'm a verizon engineer and today, we're turning on 5g across the country. with the coverage of 5g nationwide. and, in more and more cities, the unprecedented performance of ultra wideband. the fastest 5g in the world. it will change your phone and how businesses do everything. i'm proud, because we didn't build it the easy way, we built it right. this is the 5g america's been waiting for. only from verizon. adapting. innovating. lsetting the course. but new ways of working demand a new type of network. one tha

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so we'll see how that goes next year. jack cc thanks a lot, andrew. great shelf space, we know that. people like the seltzer, they might buy. >>> up next, round table members ♪ ♪ jack: jack, in your street wise column this week, you're writing that some early enthusiasm over the christmas shopping season might be misplaced. >> yeah. jack, i had hoped to tell you this off a air because i don't want you crying on the show -- jack: oh, no. >> may is us 's, for the first time in 159 years, won't have santa claus at its flagship store. you won't be able to sit on his lap this year. i think it's a good time now to consider the implications of a socially-distant christmas. ubs has done some survey work, they think there might be a 10-12% dechain in sales of soft -- decline in sales of soft line goods like clothing. that's a massive decline. they see the biggest increase that they've seen since the great recession. so it's significant. they are most bearish on the department stores. that's macy's, it's nordstrom, and it's kohl's. but they think people wil

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i think jack howe has a question about this. >> yeah, al, when it comes to big tech, right, the u.s. is google-icious. we are dominant. no one else comes close. but how competitive are we these days in industrial manufacturing versus our rivals overseas? >> yeah, you know, it's interesting, i often lament industrials don't get enough love, right? google, trillion dollar market value, large, huge industrials are $100 billion. they're nowhere near. the u.s. is very competitive. they have great companies, caterpillar, rockwell automation, eaton, honeywell. these are world class enterprises, and there's no reason that the basis of competition, like, we're not behind other regions of the world in the adopting technology or utilizing technology. other companies are doing it too, schneider electric, actually, is a french company. but, so the market share, you know, we're not predicting sort of market share shift or anything like that. what we see is an acceleration of capital and industrial spending over the next decade. but to your point, you know, there's always sort of, you know, a u.s.

lemonis: how you doing guys? marcus. jack: jack hays. nice to meet you. -lemonis: jack, how are you? -jeremy: jeremy felt. jed: jed hays. nice to meet you. lemonis: how are you? father-son? -together: yes. -lemonis: very good. and so, what's the plan here? maybe you guys could give us a summary and we could walk it? jed: yes. those buildings there, that's t.j. maxx. they're gonna open in the next few months. lemonis: let's walk the space. it's a construction site. what are they asking a foot? -jed: $777. lemonis: that's pretty strong. how many square feet? jed: 3,000. lemonis: so, over $230,000 a year? divide that by 12, you're talking about 18 grand a month? a good rule of thumb is that a restaurant's rent shouldn't exceed more than 8% of its total revenue. with an $18,000 rent factor, the restaurant would have to do at least $225,000 a month in sales. standard's current restaurant does about $100,000 a month in sales. if we were to open up a new location like this one, we would have to more than double our business. how many people live within 1 mile, 5

congressman jack bergman. great job, jack. how are we doing? are we doing ok in michigan? you are doing ok, thank you, jack. michigan house speaker lee chatfield. young guy, lee. great reputation. these doing a good job? great reputation. congressional candidate, somebody fantastic and all about it, paul young. i heard you are doing well. cox.gan gop chair laura thank you, laura. those are pretty interesting numbers. that is a little either or saying i'm doing a pretty good job. vote for an outstanding guy, john jay. he's outstanding. he's outstanding. i will tell you, i spotted him three years ago and he was in this race. i said go back, i want to see that. it was john james. i learned about him, west point, top student, great helicopter pilot. how's he doing, good? i hear he is doing better than good. he's running again somebody nobody has ever heard of. nobody ever heard of him. ins made a big impact washington. he's a senator and nobody ever heard of him. everybody. john and these people are incredible. thank you for being here. we appreciate it very much, thank you. a

congressman jack bergman. great job, jack. how are we doing? are we doing ok in michigan? you are doing ok, thank you, jack. michigan house speaker lee chatfield. young guy, lee. great reputation. these doing a good job? great reputation. congressional candidate, somebody fantastic and all about it, paul young. i heard you are doing well. michigan gop chair laura cox. thank you, laura. we are winning, those are pretty interesting numbers. that is a little either or saying i'm doing a pretty good job. get out and vote for an outstanding guy, john jay. he's outstanding. he's outstanding. i will tell you, i spotted him three years ago and he was in this race. i said go back, i want to see that. it was john james. i learned about him, west point, top student, great helicopter pilot. how's he doing, good? i hear he is doing better than good. he's running again somebody nobody has ever heard of. nobody ever heard of him. he's made a big impact in washington. he's a senator and nobody ever heard of him. get out for john and everybody. these people are incredible. thank you for be

congressman jack bergman. great job, jack. how are we doing? are we doing ok in michigan? you are doing ok, thank you, jack. michigan house speaker lee chatfield. young guy, lee. great reputation. these doing a good job? great reputation. congressional candidate, somebody fantastic and all about it, paul young. i heard you are doing well. michigan gop chair laura cox. thank you, laura. we are winning, those are pretty interesting numbers. that is a little either or saying i'm doing a pretty good job. get out and vote for an outstanding guy, john jay. he's outstanding. he's outstanding. i will tell you, i spotted him three years ago and he was in this race. i said go back, i want to see that. it was john james. i learned about him, west point, top student, great helicopter pilot. how's he doing, good? i hear he is doing better than good. he's running against somebody nobody has ever heard of. nobody ever heard of him. he's made a big impact in washington. he's a senator and nobody ever heard of him. get out for john and everybody. these people are incredible. thank you for

even though jack kennedy, by now, very nervous about how this election is going to turn out, certain overs -- so nervous he flies to washington d.c. to hide out. you want to downplay a defeat. he gets the call from robert kennedy, you won. that is the end of hubert humphrey's campaign and the end of the primaries. 1, 2 and over. but not the nomination. where has lyndon johnson been? he has not been a candidate. candidacynounced his for the presidency of the united states one week before the democratic national convention starts. now, this does not sound like a great strategy nowadays. but it does make more sense back then. 1952, i like stevenson the nomination of the democratic ballot. 1948, tom tilly captured the gop nomination on the third ballot. harry truman, nominated for vice presidency in 1944 on the third ballot. it was not -- we take it for granted that conventions will be cut and dry. in 1960.not given lyndon johnson is counting on the back deal being made and he can go to his fellow senators and they can go back home and twist some arms and he will arrive with enough votes

i'm jack otter. coming up, how investors should position their portfolios ahead of the election and how a trump the or biden win will affect the markets. and later, we ask can some of the country's most successful money managers where they think markets are heading. we've got the results, and that may be surprising. we begin, as always, with what we think are the three most important things investors should be thinking about right now. the stock market zig zagged

i'm jack otter. coming up, how investors should position their portfolios ahead of the election and how a trump the or biden win will affect the markets. and later, we ask can some of the country's most successful money managers where they think markets are heading. we've got the results, and that may be surprising. we begin, as always, with what we think are the three most important things investors should be thinking about right now. the stock market zig z

i'm jack otter. coming up, how investors should position their portfolios ahead of the election and how a trump the or biden win will affect the markets. and later, we ask can some of the country's most successful money managers where they think markets are heading. we've got the results, and that may be surprising. we begin, as always, with what we think are the three most important things investors should be thinking about right now. the stock market zig

host: jack, how concerned are you about violence related to political division in this country? caller: you can't fear people like that, because in the long run, you live by the sword, you die by it. nobody is really scared of those guys. those days are over. they better go home and go to sleep before it gets turned around on them. host: all right, that is jack in south carolina. this is clarice in missouri, a democrat. good morning. caller: good morning. i am very concerned, because the president is stoking it. he is the president of chaos, at as soon as he is preceded the ballot, because this country is just -- the people are just so divided, and it is just a horrible situation. host: how do we fix that, clarice? caller: we vote him out. [laughs] he needs to be out. biden -- host: even if that happens, clarice, do you think we are going to be united again, after the election, if that result that you talk about happens? caller: he loves division. he is only the president of people who like him. he is not the president of every american, which he should be. i have never seen a r

my question, then, is, seeing as how jack kennedy was out of it and estes kefoffer became the nominee for vice president, would that ticket have been a little bit better had it been al gore sr. and estes kefoffer? and, also, would -- well, i guess what i was going to say -- >> let's leave it there, kurt. that's a lot of question, and we're going to let newton minnow who was actively involved in the 1956 adlai stevenson campaign answer it. mr. minnow? >> certainly kefoffer didn't help. i don't know who would have helped given the fact that, again, president eisenhower was at the top of the ticket. but i think what richard said about kennedy was exactly correct. the opportunity to be at the convention and be seen as a vice presidential possibility introduced jack kennedy to the country. and i remember a few years later i saw him at a dinner, and i said, you know -- we called him jack then. i said, jack, if you're still interested, you can get the nomination for vice president next time. he looked at me and said, vice president? vice president? he said, i'm going to run for president. he

and i never knew how stupid our leaders would be. >> do you know how jacked up on soma i am right now? but this is why-- and this is what the people don't know about stephen colbert. this is where i look to you, because your frame of reference, you go from biblical edens to distonian futures and you have the whole breadth of that continuum at your photographic memory and mindset, so i ask you now, stephen, is it going to be okay? >> stephen: of course. >> and you can give me something from that-- from that role bex -- >> stephen: yes. >> "lord of the rings." give me "lord of the rings." >> stephen: i always have "lord of the rings." what do you want from "lord of the rings"? do you want something hopeful from "lord of the rings"? >> yes, gives me something that bears out resilience. >> stephen: give me a second. i'm going through the old tol kin occip tol rolodex here, dark times but hopeful. got it. >> come on, come on, baby. >> stephen: return of the king. over the mountains of shadow, they're on the plane of gorgogorring on the. >> i know what the plain of gorgoroth is, stephen. i'

my question then is, seeing has how jack kennedy was out of it and estes kefauver became the nominee for vice president, would that ticket have been a little bit better had it have been al gore sr. or hubert humphrey versus estes kefauver and also -- well, i guess -- >> let's leave it there, curt. that's a lot of question and we're going to let newton minow, who is actively involved in the 1956 adlai stevenson campaign answer it. mr. minow? >> certainly senator kefauver didn't help. i don't know who would have helped given the fact that, again, president eisenhower was at the top of the ticket. but i think what richard said about kennedy was exactly correct. the opportunity to be at the convention and be seen as a vice presidential possibility introduced jack kennedy to the country. and i remember a few years later, i saw him at a dinner and i said, you know, we called him jack then. i said, jack, you're still interested, you can get the nomination for vice president next time. he looked at me and said, vice president? vice president? he said, i'm going to run for president. he was o

how do you react jack if i may let me let me let me add to hill more thought and this is from un women this is shoko ishikawa who comes with some solutions to this huge huge problem and have a listen the u.n. would like to see a comprehensive review of the handling of rape cases in the justice system so that we can better understand why the delays and the attrition of sexual violence cases take place and we can initiate reform we also need to close the gaps in the laws and invest more in the special courts hooman in children that handle sexual violence cases so that victims are protected and the speedy trials take place in all of this the death penalty is not an asset to sexual violence death penalty does not serve the interest of the victims and it also does not deter crime i'm just looking in here at a recent headline bangladesh most death penalty for rape cases as range i am wondering guess where you would like to use them the power the energy of these current protests what would you like to happen very briefly when the last one minutes of the shuttle program. what should happen nex

but leaving that aside, i am curious jack about how this election goes down. maybe one of the first in history where the economy is not the issue. and that would be a first. and it would call our attention to the fallout from this. there is already number of states of recommending that you, the keeping the crowds and thanksgiving dinner. another say keep crowds altogether away. a perfectly fine that kind of a strategy. myself but, i'm just wondering what you make of the fallout will be when people get wind of that. what are they say say about thanksgiving and what is going on for the holidays. this really actually contributes to the sort of negative sentiment. it seems to be building. jack: yes, there's a war between, the people owning equities, they've actually done well. sorry heat sink higher consumer confidence in some ways. so around the pandemic and you know it is legit. nothing people will contain themselves and not go out. you layer on top of that, there's a good chance were not going to know who wins the white house next to zero yet alone, control the

- lanterns, that is impressive. >> how in the bay area, we believe in science. traffic and air pollution will be even worse after the pandemic. that's why we support measure rr to keep caltrain running. which is at risk of shutdown because of the crisis. to keep millions of cars off our roads, to reduce air pollution and fight climate change. and measure rr helps essential workers like me get to work and keep our communities healthy. relieve traffic. reduce pollution. rescue caltrain. [all] yes on measure rr. love our new cameras. love that view. the late show with steven colbert is next. >>> halloween tomorrow. what are you going as? >> i have a cobra snake and i captioning sponsored by cbs >> in a recent twitter post, golf legend jack nicklaus implored people to vote for president trump, writing, "i strongly recommend you consider donald j. trump for another four years." it's a sunny day here at beautiful pine bluff, just heard te news-- jack nicklaus is endorsing donald trump. tat's upsetting. feels like the golden bear might as well be saking a sandwedge str