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July 16, 2024
Definitely driving that, the market has been worried all week that we will see these bikes and companies will start closing things again like we seen with apple and it will delay the economic recovery in this country. As you mentioned in texas, phase three on pause closing the bars today, restaurant occupancy going down from 75 to 50 , florida is in phase two and the governor is saying i dont know when we will go to phase three, we have to get phase two working. He said there will be no Alcohol ...
July 16, 2024
Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead ...
July 16, 2024
It will be fascinating to see how new york city reopens today. Francine talking about phase two and what exactly you need to know. Weve had quite a lot of debate about masks, whether you have to wear them or not, its interesting to see the difference between new york city and london. In london, there are very few people wearing them but they are obligatory on public transport. Theres a very good use of them at least in manhattan, to get out this week and was extraordinary. You are right, we just...
July 16, 2024
Im just going to read a few sentences i cobbled together from your book. As i lead into my first question. You might in the book innovation is the most important fact of the modern world but one of the least well understood. It is the reason most people today live lives of prosperity and wisdom area and the main ingredient in the secret sauce and indeed innovation is freedom and freedom to exchange, experiments, imagine, investment fail. Liberals have argued since the 18th century that freedom n...
July 16, 2024
The decision. And millions more people in the u. S. Lose their jobs but some stores are surviving without laying off staff. Chinas premier is about to outline the countrys plans for the next year after some of its most challenging months the corona Virus Outbreak that began in woohoo and forced it into a National Shutdown which was badly hit the economy and its still locked in a trade dispute with the United States well its just gone 9 am in the Chinese Capital beijing and this is the great hall...
July 16, 2024
Even pharma is down. One thing you have pointed out is the volume and how it has picked up as we sold off today and extended yesterdays weakness as well. Yesterday volume had dried out and people were sitting and waiting. You are seeing a pickup in activities this week. What do you think that signals . Brent i will go back to my opening comments from the standpoint of people who are shortterm market participants, thinking of the next couple of weeks what is volatile given the reopening has start...
July 16, 2024
Assessment of Global Energy demand. Saudi arabia is cutting output to the lowest level since 2002. As mentioned, we are looking at the start of the trading session. Thats get over to Sophie Kamaruddin in hong kong. We are expecting moves to the downside. U. S. Futures holding onto a three day decline in kiwi stocks. The index is off by about. 33 and markets are priced in new zealand to join the negative rate club. Amid calls for more stimulus around the world, we are waiting to see if china will...
July 16, 2024
Washington. Why quincy, washington . Guest my coauthor and i chose quincy, washington because its one of the data center capitals of the world, if you will. Its near the Columbia River and data centers are being built there because its close to hydroelectric power in both cheap and clean. We take the reader on a tour of if you will, of what is becoming the infrastructure of the 21st century and these mammoth buildings more than 20 of them filled with Electrical Generators and hundreds or thousan...
July 16, 2024
Lets get to some of todays news from our washington and new york teams. I want to return to trade tensions between the u. S. And trump president responding to questions on implementing the phase one trade deal amid the coronavirus pandemic. We signed the deal. I heard that too, they wanted to reopen the talks to get a better deal. China has been taking advantage of the United States for many decades because we have people in this position, sitting in the oval office that allowed that to happen. ...
July 16, 2024
Alphabet, the stock higher after reporting a quarter that is under way. We have full Team Coverage under way and gene munster is listening in on his phone, and lets start out with deerd deid bossa. Im sorry guys just on the call right now the cfo was just talking and i was listening so intently because she was talking about the Second Quarter and shes seeing some signs of commercial activity recovering and she said it would be too early and too premature to make any kind of conclusion or talk ab...