Greetings and sally you take. Actions speak louder than words its an old expression but just as true today as it was over 280 years ago when it was 1st coined back in 1736 especially when observing the actions of our great political and military leaders here in washington d. C. You see while most elected officials and military leaders will tell you that the protection and defense of the American Public and the citizenry is their number one top top top to the top priority their actions show us otherwise especially. When it comes to the pentagon and our lustrous War Department the Washington Post and others are now reporting that the 1000000000. 00 fund the Congress Gave the pentagon in march to build up the countrys supplies of medical equipment has ansted been mostly funneled to defense contractors and used to make things such as jet engine parts body armor and dress uniforms yes my friends while the while most of the country was out of a job trying to make rent and just barely scrapin
Congress gave the pentagon in march to build up the countrys supplies of medical equipment hasnt. Been mostly funneled to defense contractors and used to make things such as jet engine parts body armor and dress uniforms yes my friends while the while most of the country was out of a job trying to make rent and just barely scraping by and trying not to get sick our good friends at the pentagon took our tax dollars our tax dollars given to them with the express intent to help us fight this pandemic and instead they splurged on themselves in their defense contractor buddies apparently the pentagons top brass are no longer men of honor but in truth theyre really just 16 year old girls on amazon with moms amex card but it wasnt just our good friends in the War Department splurging on taxpayer dollars want to be action hero it but. Real Life Republican Party hack and trump yes man the acting on land Security Director well hes under fire this week as n. B. C. News reports that the Consulting
Dow down about 30 points though fractional moves if you look at whats working in the trade, its not your Traditional Technology and consumer names its utilities, health care and materials. What is netflix big miss for the growth trade is this a warning shot of beloved technology darling getting too high expectation it might be tactically on the short term but i dont think long term. For you to see a true rotation out of growth into value, you actually need to see Economic Growth and acceleration and a little bit of inflation. While we are seeing improvement in growth, we still have a long way to go. Were definitely seeing the better growth. Look at retail sales, Industrial Production this week every week were Getting Better data whether it lasts or not because of the closure is a big question mark. We are seeing better growth. What we dont have is inflation. Thats what value needs to out perform growth for the time being, i think youll continue to see growth in value as i mentioned, ta
Data and their stock sale this week but first, we are just getting the minutes from the last Federal Reserve meeting. It was a major one, consequential. Steve liesman digging through that release right now well give him some time to digest and dig, well hear from him in a minute. In the meantime, kelly, back to you. Tyler, thanks we are awaiting the headlines from the fed minutes stocks are in rally mode right now, as all 50 states have now eased lockdown restrictions in some way lets get over to bob pisani who has more on the markets for us bob . Im dying to hear more about what mr. Powell said in the fed minutes. Mr. Powell has been much more aggressive in talking about the need for more fiscal stimulus. Im sure that will come up in the minutes. Stay tuned for steve ive been talking about broadening in the markets. Were not far from the highs today, but what you want to see happening, the broadening, its happening again today. The banks are up, the transports are up were seeing moves
Dollar company that has the resources to monitor and detect this sort of conduct with their drivers. Reporter distracted driving was blamed for nearly 3,000 deaths in 2018. An october survey found 48 of drivers admitted to reading a text. Roughly one in four said they update social media, take pictures or video while driving. 48 state and the district of columbia have banned texting and driving, but only 21 states plus d. C. Prohibit drivers from holding their cell phones. The American Medical Association is calling for all states to adopt similar lakers please put your phones down. Your life and the other peoples lives are valuable. Put the phones away. It can wait. Reporter the weavers say its that message to put the phone down that inspired them to share their pain. Now Energy Transfer partner, the Pipeline Company that owned the other truck involved in this accident tells cbs news in a statement our hearts go out to all those impacted by this tragic accident. However, accident reco