To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
Come there if this is not the feeling still middle of the earth the parable of the sort of good clearly there are over the if we. Take human wisdom is meaningless how has the hospitals work changed since march knickers on the one hand the team has gained confidence in their actions but on the other hand everyone is exhausted. When will you be able to get back to normal routine work if we expect the 3rd wave in spring the usual season for all viruses so we hope this wave will be less powerful when it comes to the rate of infections if it goes like this probably by june we will be back to normal i hope so but maybe even earlier well see a morning with the short answer. I. Ok watching out International Help you stay with us ill be back in half an hour. They were going underground as the 73rd World Health Assembly resumes amid a coronavirus pandemic that has killed well over a 1000000 people worldwide and could reshape the Global Economy away from washington dollar dominance coming up on t
Point where some of that mental have health is being strained to their physical health is drained its no longer acceptable so i feel like the. Wife still sort of you know it is an odd way to say those things have done jury future upticks but i feel that you know it would be probably a disservice to the industry its just its only Due Diligence i think there probably is probably a little bit more than all the other more from trouble shes at the base go through more i think they realize they need sort of a comparative and and d reaction change and clearly conrad the brain drain element of the attraction of Financial Institutions because they pay more money over the dreams and ambitions of young people what they really want to get out of life make clear on the current through the plot i think the truth is i mean the thing that ive always found interesting about this moment speaking to a mickey talked about as well in terms of cultural change and right in these institutions bringing themsel
Has the details. I just spoke with kirk over at isi i wanted his take. He said microsoft is firing on all cylinders, beating all three major categories, Strong Quarter across the commercial franchises it was better than the street was looking for. Kirk said growth is translated into increasing profitability. He said are enterprises willing to spend giving this backdrop and in one of those segments he mentioned 12. 3 billion up 11 . Commercial revenue gross of 20 . Intelligent cloud 13 billion up 20 . And more personal computing, up 6 shares not doing a lot in the after hours. The forecast will be delivered on the call which starts at 5 30 a. M. As josh mentioned, no guidance i am sure every one wonders what they will say about Enterprise Spending especially with the news delivered yesterday what do you make of the quarter . They hit on everything. Josh went through it across the board better, with the Cloud Services area. What we are waiting on now is what is the forecast, what do thin
Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments