A dream finnigan this is counting the cost of aljazeera a look at the world of business and economics this week a pandemic decimates millions of jobs and pushes many into extreme poverty could have Green Recovery be the solution to saving the Global Economy. Flag of convenience chinese ships and crews but flying the senegalese flag local fishermen say the waters off the coast of being overfished. Slaughterhouses are hotspots for covert 19 activist investors say that Meat Processing plants could be the cause of the next pandemic. The coronavirus pandemic has had a devastating impact on the Global Economy its pushed back global efforts to reduce poverty. Improve livelihoods and health care now understandably nations have poured billions into shoring up Health Services but the recovery now that lockdowns are being lifted needs to take into consideration our other global emergency Climate Change with temperatures hitting 100 degrees fahrenheit in siberia and the Arctic Circle the challenge
With neding to do that davis, chief u. S. Strategist. Panic, correlation started to break down. Are you looking at correlations as you start to look at u. S. Equity . About 20of all, i am years past my prime on hot dog eating contests. So i believe that to you guys. Wehink it is a general trend have seen over the past few months. Markets trying to get back to normal. While we can criticize the fed for maybe overreaching and buying fixed income, in reality, they stymied a panic in the market. We need to watch a host of things for the markets to return to normal. We need to watch volatility, Interest Rates, gold. If we can see these things continue to heal, then the investors are on the sidelines. That the investors on the sidelines will feel more. Omfortable getting back in areas thatclical have so far not been able to mount sustainable rallies. Caroline so you anticipate a rotation, that the beaten up stocks will start to lead the charge again . There is the typical rotation that you g
And geopolitical tensions not to mention the small matter of a looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. Im Adrian Finnegan this is counting the cost on aljazeera a look at the world of business and economics this week the pandemic decimates millions of jobs and pushes many into extreme poverty could have Green Recovery be the solution to saving the Global Economy. Flag of convenience chinese ships and crews but flying the senegalese flag local fishermen say the waters off the coast of being overfished. Slaughterhouses are hot spots for coated 19 activist investors say that Meat Processing plants could be the cause of the next pandemic. The coronavirus pandemic has had a devastating impact on the Global Economy its pushed back global efforts to reduce poverty improve livelihoods and health care now understandably nations of poured billions into shoring up Health Services but
With erasingirting its gains. I well then drum again. 50 higheralmost volumes than usual. 21 higher. The commitment to the rally remains. Romaine we did see some precipitate dissipation. Microsoft and apple. ,oving deeper into the green amazon. Taylor participation from fallen angels, exactly what fed chair Jerome Powell wanted. The yield options adjusted spread, the sector has been the best performer of all of the highyield market. Since going back since the beginning of the year. Deutsche bank saying that the bb s trading above prepandemic levels. I want to take a look at some of those individual movers we are talking about. Casino stocks up 7 . Bank of america, as you have been mentioning, upgrading alaska and jetblue, saying that the leisure rebound is real. Saying that jetblue is a pure play on the recovery. Amazon, Online Shopping has been the biggest winner from this pandemic. Atally, we will take a look another chart inside my terminal. Caroline, i made this just for you. Globa
Patagonia, rei and north face. Theyre calling on advertisers to boycott facebook through july for allowing racist, violent and verifiably false content on its platforms. Facebook is taking steps reviewing the policies and commitmented to equality and Racial Justice will this boycott pose a major threat to facebooks futures we always said it doesnt matter unless advertisers start to pull out. Is this the beginning of the trickle becoming a more sizable flow. Its an interesting flow, unless your a part of the free hans solo crowd, some people know what im talking about, i find it fascinating those three Companies Made the list. With that said, i think it is a big deal because its not going to be the end. Its just the beginning. To your point. And weve said when advertisers start to pull away this is the existential risk they face market clearly doesnt clear valuation wise 25 times next years earnings, facebook isnt really that expensive, but this is a exist existential risk in my opinion