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With so many investors now jammed into the same stocks, could this be part of a bigger shift. Your Investment Committee to help you knanavigate through alo this all right. Before we get to everybodys thoughts and insights and ideas, lets get a check on this market at this hour as you can see kind of like this time yesterday, we have the dow higher the dow is up 400 yesterday before sliding toward tend of the session. Were up 300 points today. Basically getting back to exactly where we were at this time 24 hours. The s p is up slightly the russell, the small cap up. Look at the nasdaq, only one...

Be used to spur economic recovery but first remind folks what the Tax Foundation does and how you do it. The Tax Foundation is an organization that educates the public on tax policy and also assist members of congress in developing tax policy. We do in particular analysis of the cost to the economy and to the government of tax increases or tax decreases, Tax Foundation. Org is a website as. As we look at recovery efforts, its now been four months since america startedon shutting down. Congress congress is appropriatr 2. 5 trillion in response. At what point do we start focusing on longterm rec...

Apple. Josh lipton has the latest reporter apple says the stock split is to make the stock more accessible to a broad base of investors iphone revenue is blowing past expectations 26. 4 billion. I did have the chance to catch up with apples ceo tim cook we talked about those iphone demand trends and the mix in the quarter. Cook telling me iphone 11 is the most popular iphone and we had a great launch, he says, on iphone se during the quarter. It was also very strong, an uptick in switchers, meaning android switchers, that we were happy to see and the iphone se is clearly helping with that i as...

These unprecedented times. We respectfully ask the public to have patience in delays and gaps during the meeting particularly during Public Comment. Madam secretary, would you please call the roll . thank you commissioner. Please say present when i call your name. roll call and please note that executive director is present. We have a quorum. thank you. Commissioners the next item is item three, communications that wed like to provide further instructions for the Public Comment process. Callers can dial into the toll free number and wait for members to be announced. Three minutes to provide co...

Enough clarity on the economy to justify restarting payouts yet. That decision is not yet final. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 in new york and 1 00 a. M. In hong kong. Welcome to bloomberg markets. I will be speaking with bill ackman. We will discuss the debut of his new Blank Check Company which raised 4 billion in its initial offering. He will weigh in on what kinds of companies he wants to target with the money and other investments. ...