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To lou and welcome to crossfire all Things Considered im Peter Lavelle at this point no one knows when the cold crisis will abate however it is undeniable that this Health Crisis has negatively impacted the economy what does it mean to return to normal is that even possible now and will the divide separating the rich from the poor can. Discuss the economy and more im joined by my guest peter early grave very. Can he is an economist at the American Institute for Economic Research in miami and we have made rezko he is seen as chief investment strategist and we also have Eric Townsend he is host of the macro voices podcast gentlemen crossed the rules i ....
To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industr ....
Materials, industrials hitting new intradays. The small caps doing well. The russell 2,000 at the far right side of your screen. Jim, i want to know where you think we are now you have great vaccine news. Its consistently great. Were not that far from 30,000 on either day we have headwind tailwind. Each day you can make a tailwind case i can make a tailwind case that you have to buy the airlines right now. This norwegian cruise deal is done, you want to buy that group. I can make a case that you have to buy the stay at homes, the deep cyclicals, a case for the technology stocks. This is what weve looked for. Thats why i came in gunning for the armageddonists theres a fabulous piece out that covid did not rescue the armageddonists from underperformance and purgatory its time to call them out im asking all the panelists to call out the people who said it was the end of the world call them out. Well, weve gotten great vaccine news it sounds like to me youre saying you can still buy the cr ....
With a government report made in the western part on friday they are taken to the capital of the march. But its the final day for Ethnic Albanians to leave areas of the goto cutback that will be handed over to as a by sean song set fire to their homes as they left the 1st hand of armenian control to us about shot as expected. On sunday. Rival factions in libya have agreed to hold nationwide elections in December Next year. It was announced that u. N. Sponsored talks into this delegates so that the appointment of an interim government and a, a 30 year ceasefire has ended in the disputed territory of western sahara. The Pro Independence policy audio front declared the deal over after american troops launched an operation. The us President Donald Trump has a ....
In the power of partnerships to lead change. I would like to thank the center for Global Security analysis and our wonderful partners in the museum of American Finance and the cfa society of new york who are sponsoring todays conversation. The centennial series was designed to shine light on emerging and important trends. One of the things we realized is reflecting on our history provides new insight into the current challenges that have disrupted and changed industries and Business Models. Todays session focuses on the challenges leaders at Jpmorgan Chase and Companies Face and survive as seen in the latest book jpmorgans fall and revival how the wave if consolidarion changed americas premier bank. I am ver ....