Thanks to pfizer well have a vaccine by the end of First Quarter that news sent the market soaring. The dow is only surging 830 points that tech heavy nasdaq, the demand of so many stocks that did well under covid19 tyranny lost in an astounding 1. 53 . What a bifurcation it is also the time. We are in the middle of a spike of infections. New cases are exploding over the country, over 100,000 a day and even the weekend we are much treating it in the spring that only matters if we have enough hospital beds a lot of people are having cavalier attitude. Hey, you are fine unless you are old. Well, guess what, a lot of us are old. The sense is understood and respected. When you have more than 100,000 new infections everyday, you are looking at a lot of fatalities we need this the truth is we tried to fight the pandemic state by state. That failed. Europeans are failing too, i know, asia is doing great. If we were serious of Contact Tracing and social distancing and wearing masks, we may be
The nasdaq holds in the green up by a quarter of 1 for the week and all week long stimulus uncertainty has been hanging over this market and on that point the president elect joe biden is meeting this afternoon, nancy pelosi and Chuck Schumer, we will have more on that in the other meeting that were going to watch very closely this hour, President Trump has invited a group of state legislators from michigan into the white house. I am connell mcshane, welcomed after the bell we have a lot going on in his time to get straight to the news happening at this hour. Lauren simonetti, blake burman and Hillary Bonner standing by to cover the news, we start with you lauren on the latest figures on the virus, what are we seeing . Their moving in the wrong direction, the grid numbers coast to coast, new u. S. Pieces topping 100,000 for 17 days in a row and over the past week the u. S. Is averaging 166,000, new cases a day, this is happening right before the holidays with families gathered together
Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi
Very often if you look through the past to catch up. The military thinking and strategy. It tends to stay in the past war and Technology Goes ahead and the military thinking has to catch up with technology. What we see in the American Civil War is that most military was along the lines of the American Revolution. In other words, warfare that had happened decades earlier or even napoleon just a few years earlier. That was a hero. A lot of the american generals, their hero was napoleon bonaparte. They thought was the greatest general in the world. And the strategist. But the problem was they had you up and where they were planning, making their planning, based on old weapons. That is one thing im going to get to. The advanced weaponry that goes into the American Civil War and how that is going to affect have casualties happen. First of all, basic weapon. Its actually an american copy of a french musket that was used at the time. This is the french call it a surely bill but it is a single
Is hes a military historian. Hes an expert in military history. He is published at least four books on anything from weaponry, weaponry from the civil war, revolutionary war, he collects a host of artifact which is he has brought and will share with us today. Hes a ph. D. He earned his doctorate from Texas Christian University what year was that . It was a while ago. But hes an expert. If you get an opportunity to take a class with him, take a class. Were going to continue to discuss the civil war. We get to look at the aspect of weaponry and its impact on the war. Without further adieu, i will hand the class over to d dr. Kinard. Thank you, doctor. The theme for todays lecture is going to be about technology of warfare. A lot of our classes we deal with the politics of warfare and the historical record of warfare, but a lot of it comes down to the individual in the war field. One thing that i found fascinating in research was looking at the early 19th century, in other words, from the