I do want to talk about the resiliency of american corporations to adapt and adjust , whether it was Johnson Johnson a bit ago, the seven could jillian dollars the seven gajillion dollars at blackrock. Thenow the story, executable excellence we are seeing in the statistics. It is going to be fascinating. Jonathan it might be too early to say the gloom of pandemic is behind us, but it might be time that we talk about the provision build of these banks. The number comes in at 611 million. I think that is the positive out of this Earnings Report this morning. Talkednali basak really about that being a key statistic, and it is better than good. I go back 10 minutes ago, the idea that they suspended share buybacks, and yet theyve got enormous Free Cash Flow available for Dividend Growth and maybe some share repurchase. Granted, youve got the mystery of what commercial real estate is going to do. Jonathan i imagine their Capital Return Program will change drastically in about 12 months time.
Winds that could reach 40 mph. It is headed for the Tourist Centers of cancun and kosovo. It could cause as much as 10 million in damage. It is to hit somewhere between louisiana and florida. Spacex has launched a rocket carrying 60 internet satellites. They will join hundreds of others in orbit around the earth. Recent launches have been plagued by a variety of problems. Spacexs billionaire ceo, elon musk, said he checked launchpads before todays mission. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york. 1 00 a. M. In hong kong. Welcome to bloomberg markets. President trump is back in the , painting a sign of strength and vigor. Any vaccineance for approval means it will likely come after the november election. We have all the latest. We will also talk with the herbal life chairman and ceo. Ins, how much is that doggy the wi
Loathe last nights debate, you know who loved it . The stock market which is why the dow surged 329 points today and nasdaq advanced 4. 7 what did the candidates say that got wall street so excited honestly, its more about what they didnt say, a lot of investors were worried trump and biden would try to score points. These companies if you dont plan to do anything about them not this time. When the candidates lay off the health care sector, the stocks roar one of my favs runs government sponsored health plan and does it better than anybody guess what happened . Stocks zoomed 4 . Anthem, cigna, united health, even cvs managed to rally. My trust owns it follow along by joining the actionalertsplus. Com club. Its been awful. Own your mistakes. We just bought more. 3. 4 yield i have parsed every word of that debate that was hard if you read the transcripts, it was bad. Chris wallace often picked on who told the president quote you in the course of these four years have never come up with a
Ordered time as the coronavirus place is sold out the news could be catastrophic for a suffering a conic. And a newborn this latest season starts with a very familiar story i mean when when big of a shelf. Anatomy held welcome to the program we begin this bulletin with some breaking news the u. S. Supreme Court Justice Ruth Bader Ginsburg has died a Statement Released by the court said the 87 year old died of pancreatic cancer at a home in washington d. C. Surrounded by her family she had gone through several battles with cancer over the past 20 years since birth was seen as the leader of the liberal wing of the u. S. Supreme court of passing now gives President Donald Trump the chance to. Increased the conservative majority on the court he faces reelection in november. For more on this were joined by our Washington Bureau chief in us paul whos in Denver Colorado by the ginsberg was an incredibly influential figure what has been the Immediate Reaction to posse. Well she was dealing wit
Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into the price theres Everything Else is just sexy brand, elon cult personality who of course deserves all the credit in the world he adm