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The dow coming off its first close ever above 30,000. Still down 180 a lot of focus continues to be on the socalled cyclical trade, energy, banks, airlines all pacing for their best month ever rob, its good to see you again. I come to you first because your note to our producer today really piqued my interest. The last three weeks, you say, were transformational. How so i think going into this, scott, we did not have a prospect for a stimulus plan it pivoted focus to the virus and the virus count really, really increasing. Since then youve had three months of very, very positive news on the virus front. Youve had an election outcome that appears to be more and more benign with the actions of the with the actions of our president elect. Specifically nominating janet yellen it looks like it was an outcome that was squarely middle of the fairway that was not too far left, not too far right. Really goldilocks like from my perspective. Now youre at a place where when you look at major pivot ....
Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active ....
Joining us cat zakrzewski the Washington Post john hendel of politico and ilhan omar of axios. Mr. Dalewood would start with you what you think is going to be one of the major issues that the incoming byte Administration May face . Guest one thing that the byte Administration Early on is going to have to figure out what to do is they are inheriting a google transit from the doj and there is speculation about how politically motivated it may have been but never asked about the text of this thing. Its fairly narrow in fairly focused on issues that democrats have raised as well about the market power of google so they have to decide okay almost certainly they will continue to litigate this but do we want to expand this, do we want to try and look at some as state attorneys general who are also investigating googl ....
The Incoming Biden Administration and some of the communication and tech issues that it may face. Post,g us, the washington politico, and axios. What do you think is going to be one of the major issues that the Incoming Biden Administration may face . One thing the Biden Administration early on will figure out what they have to do with is they are inheriting at least a google antitrust lawsuit from the doj. There is speculation about how politically motivated it may have been, but nevertheless the actual text of this thing is fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some ....
What do you think is going to be one of the major issues that the Incoming Biden Administration may face . Kyle one thing the Biden Administration early on will figure out what they have to do with is they are inheriting at least a google antitrust lawsuit from the doj. And, you know, there is speculation about how politically motivated it may have been, but nevertheless the actual text of this thing is fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of a group of ags, but they are all republicans. Democrats are looking at this stuff too. How expensive do ....