Stimulus package to stave the stock market thats ridiculous. Today, we got an idea what happens if theres no grants as far as the stock market is concerned, its not that big a deal the dow gained 52 points, s p inched up, nasdaq advanced i dont want a stimulus package to save the stock market, i want a stimulus package to save an industry i know all too well, the hospitality industry, which i can tell you from my ownership stakes, is getting destroyed by the pandemic millions of jobs are on the line but they reside in Small Businesses ones that dont show up in the averages but individual stocks sure do. And the winners today tell you everything you need to know about the losers and the broader economy. Especially the biggest winner, which is the one i want to focus on the winner is the stock of olive garden strongest stock on the s p 500 yes, i am telling you right now that the strength in the stock of darden it should terrify you. Dardens winning, because its private competitors cant
They are higher on this monday trying to work their way back from last wem wooeks sell off. Jon, i go to you first you saw enough in the sell off in big tech to put some money back to work you added to things you had. Why . I saw a lot of institutions doing that when that wave starts picking up, i start paddling faster. I rounded up certain stocks like after that split in apple. I needed to add shares to get myself to a more tradeable lot size than some of these odd lots after you get through a stock split. You end up with instead of 11,000, maybe you want 15,000 shares or whatever it is they were so accommodating letting us get to those levels thank you for that for the folks that pushed it down there. Micr microsoft was down in the premarket. It made the big turn after people were reacting to the news in oracle and tiktok and then its up 4 there was a lot of constitutional interest in many of the names of those battery stocks are you making a statement here are you making a statement
Purchase sonias book, the next great migration and thats a way to support our author and pollic and prose. Now with that another of the way, it is my delight to welcome sonia shah, science journalist and prize winning author, he writing on science, politics and human rights appeared in the new york times, the wall street journal and Foreign Affairs among many others. Also been featured on radio ad, and ted. Com with he talk, three reasons why we still havent gotten rid of malaria and the off ore sever books including the fever and pandemic. Tonight she will be talk about will you new book, the next gravity migration, an overview of the migration and the often necktive responses. Many figures complaint the migration is destructive. She argues migration is an ancient and lifesaving response to environmental change. The back makes the case for future in which migration is nat source of fear but of hope. So, without any further adieu he is sonia. Hi, everyone. Thank you for joining us toni
More on all of this massive stock market volatility with 59 minutes left of trade. Coming up in the show, were down 2. 5 on the s p 500 and we have a big show coming up for you today were going to talk about all of those things that you just mentioned. We have former cisco ceo John Chambers coming up were going to talk about the comments from President Trump about potential decoupling between the u. S. And china and you will not want to miss what he has to say he previously used to run major Multinational Organization that operated both in the u. S. And had a small part of the business in china and then on todays selloff, you want to hear from Mike Novogratz the ceo and founder of galaxy digital. He said there was a frenzy in stocks he called for major selloff and what do we have on our hands now . Well hear what novogratz has to say now. Lets get to the big stories that were watching. Mike santoli is tracking another rough session for the market phil lebeau is following major moves in
Different forms of competing money coming along youve caught more than modern monetary theory whereby the governments just scrape creates all the money and youve got the middle system which is what weve had for the last decades which is fractional reserve banking where the banks create it privately yes like a hybrid caused by cops and this free market strake craney caps a less regulated environment which drives everyone into debt and then you go private money the next question is do we have deflation or do we have inflation and thats really dependent upon who craves the money of the faustus re so money has been destroyed as will these businesses before and that that consumers default on their debts and so the governments have to try and create the money out of fausta rates and if they do successfully created under fausta rates the number of the full then you could end up with a surprised. Nation and Consumer Price inflation which seems to be the trend that were heading towards with all