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Restrictions on the u. K. Looks to repair some of the economic damage in todays Spending Review. Words ofs back, the president elect joe biden as he introduces his Foreign Policy team. Janet yellen faces a tricky start, as Steven Mnuchin puts funding beyond her reach. Good morning. 6 00 a. M. In london, 10 00 a. M. Across the emirates. A jampacked show for you, including emirates president tim clark. He spoke to manus cranny about a host of issues in the travel sector. Also, likely an appearance from manus himself. What a day it was and a 24 hours it was, as chris weston put it, a nirvana has dissented over the scended over the market. Dow jones topping 30,000 for the first time. S p 500 index, we do have closing at an alltime high. We are losing a bit of momentum. Flat across the asian market and flat across u. S. Equi ....
And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 1 ....
Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action co ....
Its veterans day but 11 11. The number one its 11 11 i know that it was 11 11. They celebrate their cingsi g singularity and everyone gets married. Putting an end to the singles day they have taylor swift kicking it all off for them. You are not single. No. Disappointing so many of our viewers out there. Stop it what time is it 6 01 didnt take me long. If you have it, lets flaunt it. Lets get on to the news. The elephant in the room. Okay im usually looking at andrew, so, this is very difficult for me please take it away, becky. Thats right. Thats great. Can you make mine, can you soften mine up a little bit . Wow. Im losing you know who i feel like the bengals versus the ravens. Or the giants versus the jets i had the stupid giants did you see what i tweeted out yesterday . New york post. Bengals will keep it close versus the ravens. 4910. Close only up by omar jackson was amazing in that game. Amazing looks like michael vick i tweeted out to the guy at the post. I said, keep your day ....