Since our inception we believed in the power of partnerships. Id very much like to thank the center for Global Security analysis and our wonderful partners the museum of American Finance and the cfa society of new york who are sponsoring todays conversations. The centennial series was designed to shine a light on important trends. One of the things weve realized is reflecting on our history provides new insight into the current challenges that have disrupted and changed industries and Business Models. Todays session focuses on the challenges we face and survive as seen in the latest book j. P. Morgans fall and revival how the wave of consolidation changed americas premier bank. Im proud to say j. P. Morgan is the largest employer of the schools graduates and i know many of them are on today. A few ground rules. First, president and ceo of the museum of American Finance will introduce Nicholas Sergeant following the discussion we will facilitate audience questions and ask you type your
Materials, industrials hitting new intradays. The small caps doing well. The russell 2,000 at the far right side of your screen. Jim, i want to know where you think we are now you have great vaccine news. Its consistently great. Were not that far from 30,000 on either day we have headwind tailwind. Each day you can make a tailwind case i can make a tailwind case that you have to buy the airlines right now. This norwegian cruise deal is done, you want to buy that group. I can make a case that you have to buy the stay at homes, the deep cyclicals, a case for the technology stocks. This is what weve looked for. Thats why i came in gunning for the armageddonists theres a fabulous piece out that covid did not rescue the armageddonists from underperformance and purgatory its time to call them out im asking all the panelists to call out the people who said it was the end of the world call them out. Well, weve gotten great vaccine news it sounds like to me youre saying you can still buy the cr
Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e
Markets with huge winners and painful losers. If you got big gain is a time to take profit . Should you harvest losses and beatendown stocks cannot next, is pandemic togetherness making you feel squeezed in your home . Is better to remodel or trade up for a bigger place . This year americans were given the chance to make penalty free withdrawals from their Retirement Savings what you need to consider on the barrons roundtable like colleagues beverly, jack so beverly, what a year this year we saw stock zooming higher when they benefited from the pandemic and then we saw other sectors get slammed. While we usually recommend a buy and hold approach there are some moves that investors ought to be considering this time of year, right . Spewing absolutely. As you noted, jack, 2020 has been a tale of two markets. Stocks are all almost 40 this year but its been driven mostly by big attack. Apple, amazon for instance, they are both up more than 60 weve also seen pieinthesky evaluations on pande
Painful losers. If you got big gain is a time to take profit . Should you harvest losses and beatendown stocks cannot next, is pandemic togetherness making you feel squeezed in your home . Is better to remodel or trade up for a bigger place . This year americans were given the chance to make penalty free withdrawals from their Retirement Savings what you need to consider on the barrons roundtable like colleagues beverly, jack so beverly, what a year this year we saw stock zooming higher when they benefited from the pandemic and then we saw other sectors get slammed. While we usually recommend a buy and hold approach there are some moves that investors ought to be considering this time of year, right . Spewing absolutely. As you noted, jack, 2020 has been a tale of two markets. Stocks are all almost 40 this year but its been driven mostly by big attack. Apple, amazon for instance, they are both up more than 60 weve also seen pieinthesky evaluations on pandemic stock. As he has nearly tr