A pig like a pig in a small hole. More than 700 people are living behind these fences a forced a lockdown that has struck to the sick and the healthy together. And you get banned from twitter for posting u. S. President trump thats what one user set out to find. And the results may surprise you. Im sorry kelly welcome to the program we begin with breaking news look tons of shareholders have voted in favor of the German Governments 9000000000 euro rescue package for the airline the government bailout will make the german taxpayer the biggest shareholder of the countrys largest carrier with a 20 percent stake now lufthansa has struggled to stay alive as the Coronavirus Crisis disrupts air travel across the globe. The shareholders werent exactly happy about it but you turned it it was bankruptcy for the company and its 138000 employees the reason was clear. We have run out of money were living from the reserves we set aside in good years without support bankruptcy is looming earlier in th
Feel like a pig like a pig in a small hole. More than 700. 00 people are living behind these fences its a forced lockdown that has trapped the sick and the Healthy Together and a new report warns that the pandemic could wipe out years of progress fighting poverty in africa we will ask one of the studys authors what can be done to protect african economies from spiraling deeper into crisis. Im sorry kelly welcome to the program we begin with breaking news lufthansa shareholders have voted in favor of the German Governments 9000000000 euro rescue package for the airline that means a potential collapse of europes Largest Airline has now been averted. For the time being while the government while the government bailout will make the german taxpayer the biggest shareholder of the countrys Largest Airline with a 20 percent stake left has struggled to stay alive as the Coronavirus Crisis disrupt air travel across the globe the shareholders werent exactly happy about it but you turned it it wa
1. 1 but underneath, it was insane after a big dip at the opening, the market came roaring back into the black. This was a day when both the recession stocks and the recovery stocks worked long term thats just knot sustainable. Sooner or later, someone, one of these two groups has to be wrong but short term as were taught, anything goes. Let me break this one down for you. This market has two big themes, completely contradictory and a third team thats down right apocalypse first, the american awakens train. The people who buy into this thesis, well, they believe the government made a terrible mistake locking down the economy. Im part of that group we wont make that mistake again. Now that the country is reopening, they expect people to go out and spend and return to work as they see it for all intensive purposes, the pandemic is behind us the worst is over. We have a better understanding how to treat covid and in the fall it wont be on the radar screen despite records in florida and te
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Like hertz. Its not like theyre nothing. Hertz owns a lot of ca
Twitter shut down 32,000 accounts tied to china, russia and turkey for manipulating the platform. This after joe biden called out facebook for failing to curb misinformation and not taking a stand on political speech, oed i many who watch the by many who watch the social network. The company spends a lot of time outlining Community Standards they are supposed to enforce against all users, and when one particular user comes along who happens to send his posts from 1600 pennsylvania avenue, theres a different standard. In a lot of ways, facebook is too big to fix right now. Facebook has 2. 5 billion users around the world constantly posting in more than 100 languages. That is a system too big to govern. You have one young white man who has one experience in this life who has the control of billions of people, what they see and view. It is wrong. I dont know if he is drunk with power or simply just in a bubble. Us is someone else who has an opinion, roger an author. Ive got to get your te