Bill would decriminalize marijuana while leaving state laws unchanged. Hows a top member explained the bill to members. Marijuana oppo reinvestment and expungement act 2020, or the more act of 2020. I am with great determination American People who in a ajority of democrats and republicans understand the importance of the more act, and it is important to pass a long overdue measure and of my ge the rest colleagues to do so as well. Promote ise today to drug use. Thoset rise today to harm young people who are in the beginning of their life. Today to undermine Law Enforcement. N fact, in speaking to a representative of the Law Enforcement community, dealing legislation detailing this legislation, there was a great relief and understanding and the justice that will be rendered with the act. Ge of the more it has taken us a long time to get here, and i would like to thank e opportunity to all of those who made it possible for us to consider this today. In particular, my colleague, our hous
Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
The ones that go up all the time and barely ever go down on rare occasion when theres a marketwide pullback like we had this morning s p edging up, nasdaq gaining 3. 7 from a very ugly opening. You have to buy these up stocks. Buy, buy, buy, buy, buy hanover fist. In a market like this one that has a hard time staying down to begin with, even with a weak jobs number or a president that seems determined to overturn the election, hes not going anywhere, the up stocks just wont quit back at my hedge fund where i compounded 14 for 14 years id sit down with my staff and say, okay, give me your best stocks, the up stocks, the ones that never seem to go down. I want the unstoppable ones. I dont even want to know what they do, i just want them the staff would be incredulous there would always be a young whipper snapper saying, whats an up stock . Thats not our usual methodology. I adopted a no more mr. Nice guy attitude, like id ever been nice so i just demanded they give me their up stocks or
Kaiser this is the report you know humanity is looking up actually. This is the thing i like about very poor and decline because as Paul Tudor Jones said hes that Hedge Fund Billionaire and heres the headline to remind you of what he said Billionaire Hedge Fund manager Paul Tudor Jones a bet on bitcoin is a bet on human ingenue at. So we have to show you know we listen to all sorts of heterodox thinkers who imagine better worlds who imagine things can get better who always you know have faith in humanity that humanity at the end of the day will always rise above the elite and what the elite always want to crush innovation and ingenuity and things like that because they want to solidify their hold on power right so you know which when we look at what has happened in the United States with coded for example in the response. Keyser for very early on we spoke to bruce fenton hes a big queen are and what did he say he he was one of the early ists ive known we got prepared because of him in
Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When we look specifically at Chinese Markets themselves, we did have the csi 300 already near the fiveyear high. The csi 300 a little weaker, down by a 10th of 1 . Korean airlines coming out and saying they are going to to buy. 8 trillion yuan an airline. Raising 2. 5ng to be trillion. That is a bit of corporate breaking news. Lets get over to julia. She is at jp morgan. Thank you for joining us. What was your main takeaway . Controls glance have been maintained. Still looks like their recovery is pr