There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the
Speaker pelosi says its absolutely absurdly unconstitutional. What will they do . Go to court to stop people getting the money . Right before an election . Good luck with that. The president s playing political hardball. 84 days to the election and again, the money will flow. Investors like it, by the way. Looking at the futures, the dow industrials will open this morning with a gain of about 100 points. The s ps going to be up about four. The nasdaq, up about 13 as we speak. The president s playing political hardball with china as well and beijing is responding. Jimmy li, a leader of hong kongs democracy movement, has been arrested under the new security law and china has imposed sanctions on u. S. Senators, including marco rubio and ted cruz. Now, that is escalation. Dramatic change may be coming to a mall near you. Amazons in talks with americas largest mall operator, Simon Properties simon group properties, to use some Department Stores as fulfillment centers. Amazon gets cheap spa
Versus clayton county. Thank you, mr. Chief justice. When an employer filed a male employee for dating men but does not fire female employees that dates men discriminated against the man because he treats that and worse than women that want to do the same thing. That discrimination is because of sex. Because the adverse employment action is based on the male toloyees failure to conform a particular expectation about how men should behave. That men should be attracted only to women. There is no difference between this kind of discrimination and forms of discrimination that of an already recognized by every court to have addressed them. Her example, discrimination against men who are a feminine. Is becausemination of nonconformity with an expectation about how men should behave. Carve outt to discrimination against men for being gay from title vii cannot be administered with consistency or integrity. Resort tojudges to been counting where they count epithets tos of determine whether or n
Pete, i begin with you buffets gone. Are you staying around you know, it is disappointing. Its something thats a bit of a surprise, quite honestly we know what a hit the airlines took it was very clear and how the numbers look right now and some of the Recovery Period was he getting out on the lows i think there is some upside right now im only in the options for delta. They had a great run up until we found out the oracle was bailing. They cut that back a little bit. Bren, you have a small position in delta as well. If this is a statement this group of stocks is uninvestable, if the greatest seller sells out completely and who knows what prices he got out but thats statement in and of itself absolutely. Its a statement the buffet backstop is out of the airline stops. Were practicigmaticpragmatic. Were not dogmatic we will move out of this Airline Position because theres a ton of other companies that will not have this negative head wind we just dont know the trajectory of the u. S. Ec
We have a great lineup for you mike khouw and cody zhang and carter worth lets talk about something that everybody wants to hear about. Some kind of treatment or vaccine for covid19, Biotech Companies scrambling everywhere to come up with something and lets get the var latest on where we stand and for that, who else, but meg tirell hi, brian the number of the Companies Working on this grows by the day. We got an update from modernas chairman yesterday that, of course, is the lead program with the candidate vaccine already in human testing. He told us yesterday if all goes well they could be aiming to start phase two trials by spring or early summer. So were talking may or june there. J j also gave us an update on its Vaccine Program aiming to start phase 1 in september and it could even have something ready potentially for deployment in 2021 and these are record breaking timeliness. Pfizer is working with biointech and sanofi and many others, as well companies are working to repurpose