Looking at a v. Shape not too long ago but what this 2nd wave and even 3rd wave of possible cases were saying this isnt going to go anywhere anytime soon and more stimulus again will lead to more of that and a longer recovery but the American People say they they need to see the money businesses are dying kristie we were still in the midst of a busy earning week though it was some pretty big movers today including fries and netflix now you lay lilly and more we have a pretty mixed bag of results how are these earnings playing out this quarter. Well like i said its been a pretty mixed bag some names like snap reporting tremendous growth during kogut and other names like netflix which initially search for in the stead home mandate now dropping on the growth but the Common Thread between all of these names that outlook and growth still remain uncertain and no management wants to communicate or make statement on the future right now so nonetheless we thought the major swings in the sand th
We should. Everyone is contributing way but we also know that this crisis will not go on forever the challenges create the response has been much so many good people are helping us. It makes us feel very proud that we are in it together. This is boom bust that one business show you cant afford to miss im sorry mando sales man washington coming up the markets continue to watch us stimulus talks as we inch closer to the election when he reaches 2020 thanks to a major announcement from pay pal and all. These expert dr William Schaffner about the race for grown a virus are seen and how long we still have to wait for an affective shot to prove we have a lot to get to selected or. A top general reserve official is calling for more fiscal monetary spending Federal Reserve governor bernard said that the recovery remains highly uneven and without government funding our Government Spending long standing disparities in the economy and labor market could make matters worse in prepared remarks to a
A recently published and me are working paper shows that many Public Companies are now changing how they communicate in order to appeal to algorithmic analysis of their Financial Filings and quarterly investment calls so financial analysts they have published a qualitative list of good and bad words commonly used in s. B. C. Filing now the study shows that the Public Companies have been using fewer of the bad words and regardless of the method found that management they tried to sound more upbeat so that Voice Analysis Software listening to the call would read these emotions as positive so its really interesting that as Technology Gets more sophisticated both written and spoken Financial Disclosure is adapting so aka disclosure is getting muddier and world pay as we go because management doesnt want to make any statement on future outlook given the global uncertainty and to management just started using more neutral terms and guidance as to avoid the wrath of the algos impacting their
This is the bus the one business show you cant afford to miss im sorry monteith theyre going to washington coming up president ial candidates joe biden and donald trump take the stage one last time before the election will discuss their plans and what it could mean for you at home with our teeth and claws we released its latest mobile device but it may be the last one for a while thats because u. S. Sanctions have the chinese Film Producer in chip french we have a lot to get. A big day for the u. K. And brags that as the country signed its 1st large post bags that agreement with japan Japanese Foreign minister said it is paramount to maintain the supply chain. In between the u. K. And the e. U. While British International trade secretary list truss called the agreement a landmark stating it is to be in the land of the rising sun to welcome in the dawn of a new era of free trade this is the 1st new free trade deal to be agreed since the u. K. Once again became an independent trading nat
Markets up on this tuesday a u. K. Clinical trial known as recovery found a possible treatment for cobra 19 while providing low doses of the generic state steroids drug dexamethasone to patients with the coronavirus reduced deaths by up to one 3rd in severely ill hospitalized patients for patients on oxygen it cut death by a 5th while Oxford University professor Martin Landry coleading the trial said this is a result that shows that if patients who have coma 19 are on ventilators or on oxygen are given back some of the stone it will save lives and it will do so at a remarkably low cost co lead investigator peter or be added its a major breakthrough docs some of the stone is an expensive on the shelf and can be used immediately to save lives worldwide meanwhile stocks also jumped off of the u. S. Commerce Department Released data on Consumer Spending for the month of may after 2 consecutive months of record drops retail sales posted a record. 17. 7 percent thats more than double previou