70,000 for the First Time Since july. In europe, it is dark. France, italy, along with other countries seeing daily records. Today we focused on what this means to your money. There might still be time to find a potential haven. Wholee are going to get a slew of Economic Data next week. The covid numbers, how is that going to affect the future recovery . Joe we had a second wave in the summer if you want to call it that in sun belt states. We are seeing this third wave really hitting the midwest hard. The economy has recovered even as covid has picked up. Clearly this has a dampening effect on activity. The longer this goes on, the worse it gets, not good. Numbers continue to surge in the u. S. Europe looking very bad. Than inf cases higher the spring. This is very much still with us. Romaine and those pmi surveys out of europe provided some potential taste of what is to come for the rest of the world. We saw manufacturing in those pmi surveys. Line going is services. That is the conce
And any barriers to goods and workers should now be removed. U. S. Business is pleading for help as demand and production fall. The president calls says that china will pay. Shery we are looking at how markets are trading. U. S. Futures are under pressure after we saw the nervous rebound in the trading session. The s p 500 slipped between small gains and losses. We have energy in a discretionary stocks leading the gains. We actually saw the nasdaq composite really rising more than 2 because of bargainhunting going on. Twitter andtesla, netflix as well. So we have seen a little bit of upside, especially the energy sector. Take a look at what oil. Is doing it just hot its best day on record. In fact, climb back most of the clawing back from most of the losses we saw earlier in the session. We are coming back from the lowest level in 18 years. This has the president said he would get involved at the appropriate time in the state of between russia and saudi arabia. We have seen the u. S. G
Hideous beatdown im going to make it real simple for you. The market is spectacular al beit mercurial fashion show. The same stocks that would strut down the runway greeted with oohhs and aahhs will be pelted by tomatoes. Stocks that have languished sell like hot cakes when styles change we call that a rotation on wall street. Investors are furiously recalibrating what theyre willing to pay for and just right now theyre happy to pay up for the stocks of solid companies with healthy dividends and ideally big buy backs. You know what . Theyve lost interest in the stocks of Fast Growing Companies when it comes to revenues. They issued huge gobs of equity and pay people or come up with bizarre new metrics or explain how theyre really doing okay even though they dont have much in the way of earnings if any. In other words, the cloud stocks are up salesforce. Com, adobe, workday, z scale, i could go on and on. These names were all smoking red hot and now theyre struggling you have to wonder
Good afternoon here at the National Archives the archivist of the United States its a pleasure to have you with us or joining us through facebook or Youtube Channels into the cspan audience. We like to tell you about a few other programs coming up next month on tuesday septembe september 10th Sidney Blumenthal will talk about the recently released volume about Abraham Lincoln 1856 and at seven the associate Justice Gorsuch will tell us about his new book a republic if you can keep it with the importance of Civic Education and discourse and mutual respect. Check out the website to get email updates you will find other information to other archives and activities another way is to become a member of the National Archives foundation and check out their website to learn more about the organization. Those murals commemorate two founding documents of the nation of the declaration of independence and the Central Group represents those who play key roles in the creation of that document along
Good afternoon here at the National Archives the archivist of the United States its a pleasure to have you with us or joining us through facebook or Youtube Channels into the cspan audience. We like to tell you about a few other programs coming up next month on tuesday septembe september 10th Sidney Blumenthal will talk about the recently released volume about Abraham Lincoln 1856 and at seven the associate Justice Gorsuch will tell us about his new book a republic if you can keep it with the importance of Civic Education and discourse and mutual respect. Check out the website to get email updates you will find other information to other archives and activities another way is to become a member of the National Archives foundation and check out their website to learn more about the organization. Those murals commemorate two founding documents of the nation of the declaration of independence and the Central Group represents those who play key roles in the creation of that document along