Report. Its time to put away the harsh rhetoric, lower the tonight, see each other again, listen to each other again. Reporter oh, if only president elect joe biden could pull that off. I think the vast majority of people in this country really dont want to think about politics 114 of the time. Reporter for now, though, a look back o at our fraught election this sunday morning. Pauley from there, it is on to one of the enduring legends of the silver screen. She is sophia loren, and shell be talking with our seth doane. Reporter the word legend may be over used, but with sophia loren, it is warranted. And this week she is returning to the screen. There is some oscar buzz around this film . Oscar, i already have one. For me, it is enough to have made my film. Thats what i really believed in. More things, if they come, they come. If they dont come, thats life, huh . Reporter loren on life, family, and her definition of beauty, later on sunda sunday morning. Pauley after which we talk with
Live now to discussion with main senator angus king who joins Healthcare Providers and Bipartisan Policy Center experts on the use of telehealth during the covid pandemic. Health team led by, Catherine Hayes and others. For those of you who may be unfamiliar with the Bipartisan Policy Center we were established a a little over a decade ago by four former majority leaders, senator bob dole, late senator howard baker on the republican side. Senator tom daschle and senator George Mitchell on the democratic side. Senator mitchell from the great state of maine which youll hear shortly his estate, very well represented here this morning. The country is indeed, indeed the world quite frankly is experiencing a once in a lifetime pandemic caused untold suffering and death. Doctors, nurses, hospitals, Healthcare Providers are struggling to provide Critical Care under some very difficult conditions. But if there is any good, and theres that much, but if theres any good to come out of this virus,
Session with the dow plunges 406 points, the s p prlummets 1. 6 i an absolute nightmare. The house of pain but its good to have some cash so tonight, were holding a coronation because right now, cash is king. Our viewers know this market has been making me nervous for a while. Ive been telling you to take profits for the last three weeks. We have sold some of every single tech stock we know, including some very, very good favorites that you are aware of. Every single one, first time in 15 years because bulls make money, bears make money. But hogs, they get slaughtered i love these tech companies, but i looked at the Charitable Trust cost basis, i looked at the pricetoearnings multiples and said you know what we are out of our minds with greed youve got to be disciplined in my book, that means taking profits while you have them. Some of you will say this violates everything you heard about investing, buy and hold, think longterm. Or most recently, or i should say, stocks or stonks only
Climbing and nasdaq pole vaulting 2. 26 september has still been ugly. Ive been warning you that this is historically the worst month of the year. Ever since august ended, complete with a nasty tenday close and thats precisely what we got but now that september is almost over, lets focus on the future meaning next weeks game plan. It starts on monday when we get results from the mighty four industries which dominate the rv and motor home industry. When the pandemic first hit, ford sold off hard as investors figured wed have a normal recession and rv sales get slaughtered. Sure enough, we have a slowdown and mass unemployment and an incredible boom in the rv business because these things represent one of the only safe way to go on vacation. Since then, thor stock soared but tends to pull back every time people get excited about a potential vaccine. Lie i can th i bet rvs stay longer than you might expect tuesday we hear from companies that can potentially deliver upside surprises that m
They know nothing theyre hanging on every word from Speaker Pelosi or secretary mnuchin, watching Mitch Mcconnells body language. We need to know if cash strapped states and Small Businesses will get the help they need but the stock markets already made up its mind it doesnt matter. Thats how we can some solid action today nasdaq soaring, 1. 42 hall hey lielujah were starting to hear about huge layoffs, okay disney, smaller ones at goldman sachs. Possible avalanche of firings at the airlines these people are losing their jobses through no fault of their own, and i hope the government can get its act together to help them, because its the right thing to do. The broader economy needs a stimulus package, America Needs a stimulus package but the market, oh, man, the market doesnt see a recession it seems a secular boom in Certain Industries i know this because were starting to get earnings from defensive companies that would normally give shareholders huge windfalls. But theyre greeted wit