Gaining. It is time to admit that conventional wisdom has been wrong every step of the way. In this market, patience is not a virtue discipline cluster of fortune. Buying the most obvious stock, well, that has been a strategy that was easy i struggle about how this is possible i am not used to a mark that reward investors being late to the party. We found out moderna has a vaccine that may work better than pfizer. Thats getting off the table we got uncontrol spread over america. And mayors and governors refused to shutdown the bars and restaurants. Those are the main places we are getting infected no, it is at home, jim this pandemic is steam rolling us the prospect of a vaccine keeps on plotting it and shutting everything down. I am sure you are wondering, given the numbers that we see, how is that possible first every now and then there were moments that well stood on our head. Time like these is not sell. You must be willing to suspend judgment how far stocks can reasonably go. Than
Mnuchin again today and we will hear from the treasury secretary in a few minutes at delivering alpha. Plus palantirs public debut, backed by peter thiel, it will be a direct listing at the New York Stock Exchange, lots to discuss there. And covid optimism, regeneron saying its treatment cocktail helps in the early stages of the virus and we will talk with the companys cofounder and chief science officer polarity on this hour jim, of course, you have to get the debate out of the way, everybody is talking about that and were going to hear the argument that if you look at futures and even some of the Prediction Markets today, theres an argument that the debate really didnt change the broad contours of the race. Before we got pmi, before we got this little squib from speaker pelosi, the futures were down very big. I was watching dom this morning, it looked like the market would be very ugly and i think that was because of arecognition that there was no way you could possibly have any sort
I am victoria, the deputy executive director of the eisenhower memorial commission. We are here tonight in washington, d. C. , at the northwest corner of the new president ial memorial for dwight d. Eisenhower. This story starts about a thousand miles west of washington, d. C. , in abilene, kansas. His family moved to abilene, kansas, when he was a toddler, and he stayed there through high school. I want to direct your view to this speech inscribed on this wall. When world war ii ended, eisenhower came home to abilene and was given a heros welcome. In a very humble way, he started talking about not that he was a hero but what he dreamed of doing when he was a young boy. Ended with the proudest thing i can claim is that i am from abilene. That first paragraph of that speech, was a primary inspiration for the designer of the memorial frank gehry. He has expressed here in this statue of Young Eisenhower as a teenage boy sitting on the stone block looking in the direction of two of his gre
This is the biggest championship that has been contested in sports since mid march, biggest far enough. A sporting event unlike any other, a three month delay, extraordinary precautions, and no fans. Good evening, everyone. Im frank somerville. And im julie haner. Normally the pga championship would attract tens of thousands of fans and be a Major Economic boost to its host city. This year, people seem relieved its happening at all. We get live coverage now from ktvu amber lee. Shes at San Franciscos harding park where the tee time is tomorrow morning, amber . That we are just outside the front entrance of harding park. There is a sense of relief and excitement. Supporters say this represents hope as we move forward during this pandemic. Reporter the 2020 pga championship being held at harding park in San Francisco. No spectators allowed. The people working on site to help put on this weeklong event are fans. I just enjoy watching these guys play. They are the best of the best, and jus
Juniors bakery took a ppp loan at the beginning of the pandemic now the company has been laying off its workers. All 650 workers. Some have come back. Well take a look what the they have done with the money the owner will be back with us a little bit later today on power lunch which starts right now. Thank you, bill. Welcome. The s p hitsi inhitting its hig level. Lets get to bob with more on those market moves for us. Bob. Kelly, five straight up days for the s p 500 and Global Markets are rallying as well we had a terrific opening. Once again were falling back on the usual. The big megacap names. You know those names im talking about new highs for amazon, apple, microsoft, netflix as well. Were seeing a notable rally over seas in china and china related stocks in the United States doing well. Were seeing new highs, for example in alibaba, Shanghai Exchange at a twoyear high as officials over there literally trying to jawbone the markets higher they seem to be succeeding in the short