Yeah, look, we have to be careful because there are Many Companies that benefit, but we have been piling into stocks that were meant to be as if there were no vaccine until some time maybe some time late 2021 where then there will be 2022. So, you have the nasdaq futures up way too much. You have the s p, i think, and dow up the correct amount given what is in those stocks because youve got the bank stocks suddenly maybe they get a real break. Travel and leisure are just incredible how bad theyve bipartisan and then youve got, what do you do with a service here now honestly, what do you do with a company like a zoom or a peleton. Thoseniquely price for a belief that covid will be with us for a long time. David, you know a lot of stocks are trading not as if theyre going to be households and everythingen wi en with everyone is going to have them and trading as catastrophic growth in a number of cases. While there still could be for a number of months, element that says, you know what, i
Subside but mexicos nominee for the World Trade Organization leader tells cnbc a key kpo component has been lost. The basis of cooperation and trust. This trust has been lost completely the second night of the Republican Convention defies tradition with secretary of state mike pompeo from overseas. Delivering on this. This president has led bold initiatives in nearly every corner of the world. A warm welcome to street signs, everybody. Lets get in to the latest weather developments in the United States. The National Hurricane center has upgraded laura to a category 2 with maximum sustained winds of 155 miles an hour and is likely to produce a storm surge and should be a category 3 before landing on shore tonight. Producers prepare for the biggest threat to the Energy Industry in 15 years lets look at how oil is trading. No massive moves we have seen a jump higher in oil price. Wti and brent have been trailing higher lets turn to jay gray who filed this report from lake charles, louisia
Coronavirus induced volatility plus quarterback buoyed by a string of super tuesday victories for the former Vice President. Is the contender for the democratic valuation former investor jeff ubben, never seen anything like this and says why it makes Value Investing impossible the fed announced a 0. 5 rate cut. Stocks looking to recoup most of yesterdays losses which includes a drop in the dow of 785 points jim, once that tenyear broke 1 , wow. Could you not take your eyes off of this price action look, i think that i was struck by the rate cuts. I didnt like jay powell you cant say listen, the fundamentalless as are sound bue need a gigantic rate cut that means the fundamentals arent sound i didnt know we were that bad off. People either way we are bad off or powell knows something and to see that you get a Biden Victory and maybe things bounce back a little is encouraging and mostly because its just about the tenyear the tenyear drops to 9. 8, then everything you see on your screen t
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Having been agreed upon. Well, in advance, for long as the president caves into increasing political pressure and resides with the Prime Minister appointed in his place. But the mass protests show no signs of abating party reports from location. A state of emergency, a country now teaching and doing everything again. And the president of the bricks, International Forum says, saudi arabia, turkey, and egypt to plan to join the block of emerging economies, which includes russia and china, takes what i mean, that i think i d, s as identity solution off nation part, economic balance. Nobody piece with broadcasting. Lot of direct from our studios in moscow. This is our to international. Im john thomas. Certainly glad to have you with us. Right now, danielle authorities have confirmed to 5 civilians were killed by Ukrainian Military shelling on of the capital city overnight as artillery rounds struck residential buildings a. 2 place a. Ready oh, the ever you want to so you around this time y