Administration is preparing a Sweeping Campaign to encourage americans to take the covid19 vaccine when its available to them and as vaccine supply increases. And it all cant come soon enough. The centers for Disease Control and prevention report more than 600 cases of the more contagious covid19 variants from the united kingdom, brazil and south africa across 33 states. According to the latest forecast models, an estimated 631,000 americans would have died from covid19 by june 1st. The mounting of a real federal response to the covid pandemic for the first time comes alongside the Historic Second Impeachment Trial of the former president who failed and refused to lead that fight. The second Impeachment Trial of the accused insurrectionist donald j. Trump begins on tuesday. It does not appear that there would be enough Senate Republicans to join in convincing the former failed president of his role in inciting the mob that attacked the capitol one month ago on january 6th and thats not
Down again that reopening trade getting slammed. You can see that in the airlines there all taking a hit today later, check out this ride shares of avis budget, up 300 from the march lows. Getting a boost in the red hot used car market. The ceo will join us power lunch starts right now thanks energy and financials are leading the declines today they are down way more than that stall worth technology sector. Bob has more on this Early Morning reversal same story. Teches still out performing energy, financial, other cyclicals. Not a good start to earnings season big miss on earnings and very poor guidance. Walgreens has not been a good stock. Thats real problem. I think they may be basicing market mentality banks same story Huntington Bank was 5 goes to 12 its back to 8 again. Its an invertsed v. Whats moving the market theres five things. Is the reopening going well or not. Lets call it bumpy. Is stimulus coming maybe theres less good news on treatment advancing. Thats good news elsewhe
Trump administration tries to take over a german Bio Pharma Company and secure xclusive rights to a future Coronavirus Vaccine. I want to johnson berlin good to have you with us. Europes open borders are beginning to close germany has joined a growing list of countries to at least partially shut out its neighbors in a bid to halt the spread of the coronavirus the German Government has announced that its borders with switzerland austria denmark and luxembourg closing new restrictions are also being imposed on the french german french air. Everywhere site on the french german Border German Police manning checkpoints for nigh on cross border traffic will be at a near standstill. The borders today marks what so the and austria and luxemburg will also be almost completely shuts. The. People of that significant reason to travel will not be allowed to cross the border in either direction. And. All nonessential travel across the border. Commuters will not be affected by the shutdown and kids w
Were at post nine morgan and john have the morning off. Interesting setup here were approaching nasdaq 9 k very quickly tech, the best performing sector for the year hitting a fresh record high this morning joining us to day with his top picks in the sector for 2020 is our lead internet analyst. Mark, happy holidays good to see you. Good to see you, too. I want to get right to the large cap longs for next year. Uber is number one then you have two, three, four talk about it. Yeah. Im going to pitch it. Uber is the facebook its our facebook for 2020 it turned out of all the stocks, facebook is the best performer in 2019 because it whats so dislocated at the end of 2018. A lot of controversy around it i think thats exactly the setup or similar to the setup on uber now. We like it we think well see a clear path to profitability i think well see sustained growth in the ride sharing business and if they can fix that eats business, thats going to surge the outperformance and cause the outper
Leader Chuck Schumer asked Mitch Mcconnell for there to be additional witnesses called in a senate trial. John bolton, mick mulvaney. Mitch mcconnell has just responded and said that is not going to happen. Democrats not going to like that response. Meanwhile, we are also getting new words from nancy pelosi about who will lead the prosecution process from the house of representatives in the senate trial. Once the houseboats to impeach president trump, there will be a handful of impeachment officials from the house who will make their case in the senate. That willlosi said not come until the next day or so. All indications are pointing toward House Committee chairman adam schiff and House Committee tworman jerry nadler, familiar faces with this process. Kevin thanks so much to kevin cirilli. Now we turn to edward evans in london. We heard Prime Minister johnson once a brexit no matter what year. Edward so much so he has changed the law so that the transition period of that will apply af