Obtain. What you might see is a bit more bitesized approach to aspects of the trading agreements. To get a greater engagement in a more constructive engagement. You talked about the covid recession. We have had a second wave of covid coming across europe in the last couple months. Indicators of the economy show that is causing a double dip in many economies in terms of activity. Youhelpful you are are that we could have a fast recovery this time around and see that vshaped recovery people have talked about . I think the vaccine is going to be a very important story for the 2021. From the irish perspective we moved early on in the early the second wave, the Second Lowest interest in europe now. We are doing very well in terms of the downward trajectory of caseys. Of cases in hospital and icu. Somewhere at the end of this month we move out of what we call level 5. Our schools of state construction has stayed open. Our domestic economy. Our investment side is doing very well. Science and
Previous peak on february 19th and all i heard is its because were having a v shaped recovery wrong, wrong, wrong. Not just wrong but laughable in a v shaped recovery the Dow Jones Industrial average would be hitting highs but this move is led by the nasdaq and s p including today the dow lost 67 points as the s p advanced 2. 3 , the nasdaq gained 7. 3 you dont need to be a Rocket Scientist to figure this out look at the stocks that have brought us to these levels they are not the recovery plays. In fact, they are the opposite they are stocks that tend to do well because of what we call secular considerations, not secular like nonreligious but secular as in they are doing well because of trends in their own industries, not the economy. Far from it. Allow me to explain. We had a magnificent v shaped recovery in the stock market, but the stock market is not a great reflection of the voter economy anymore. If anything, the actual economy is in precarious shape now that the government stim
Netflix, as the richest is the streaming world, still expected to get richer than many of its competitors, academy i think we have to put this Earnings Report into context at the same time, john, i wonder if net flix is a pretender of what is to come it has been one of the great work from home, stay at home plays, and we have earnings coming up. Really this week you have seen some names take a breather zoom is down more than 10 this week these have been some of the really outstanding performer this is year and theyre taking a leg down so as with netflix it showed gains came earlier this year. Could they really keep up that momentum i think investors are taking stock of that right now. That is a fair point, but i think how much of the trends that we have seen are going to stick . Zoom has given up some, but it is not a ton i know that i have changed so much of my work and productivity patterns around some of the trends, i dont think that im going to switch back on a lot of this stuff i
Nasdaq once again there was a decided lack of volatility. At the close, they had very modest gains. It was enough. The dow rose 39 points. Thisas not just another record powered by stks. This shows some strength in unexpected places. That could mean new opportunities for invests. Another quiet run today. Led by real estate staples. Its been a solid day. Pushing sectors to new highs. Not only is the market cap rate but the equ rated vergsz of that index is also at new highs. It carried thead b index higher. The gains are more broad based. Thatoo really news, investors love that. The fact is, value and Growth Stocks are hit new highs at the same time. Thats a little unusual. Value stocks, things like bank stocks. Beyond that, a defensive cyclical names are hitting new highs. Alth care, nal highs, right g with cyclical Like Technology and communication services. You s . It seems like every time one sector falters, another its play. And much of that optimism has been fueled by positive tra
In San Franciscos civic center where it is packed. Reporter the rally is wrapping up. Theres another one starting at Justin Herman plaza. And this is just in San Francisco. Two of many rallies going on nationwide today. [ women screening ] [ women screaming ] reporter this rally is part of a station on a day without a woman. A day without women is a day without anything. Reporter carol brought a paddle with the proverb. When sleeping women awaken, mountains move. Reporter this is one of many rallies around the bay area and the country on International Womens day. Many of the people who came here took the day off work to highlight womens economic power. Sometimes its kind of easy to be overlooked. Especially when often times we are doing just as much or even more work than some of the male counterparts. Reporter so she and 20 of her coworkers went to management at gray advertising in San Francisco. Didnt ask for permission. That was really important. We went to them and said, this is ou