I think the perceptionce that many people in the United States and also around the worldhi that this is an extraordinary unusual time in a sense where we are out of time will be a curiosity in the future. People will look back and wonder about that wonderment. And he gets kind of an interesting phenomenon. When you think about today do you compare it to any other time in history . As a historian. Im interested in that. We have a cognitive tendency. In the same way im the kind of person that seems like this and family members. Our need for familiarity. For most of my career as a historian. What time is this like. It is an easy story to write. I think theres a whole crop of president ial biographers who go out on talk shows. I generally find them to be not i in this era. Its actually a way to kind of contain the chaos. It is a way to avoid what is truly strange about this. What do we mean when we talk about American History. How are we to reckon with the fact that our present day is so p
District includes contra costa and santa clara california. Thanks for being here. Good to be here. Thank you. I know you were affected by the shutoffs at your home this time around and for quite a while, too, right . About 48 hours. This morning we were throwing away everything in our refrigerator and freezer and im sure everybody had the same experience. Its not a small thing, im not trying to minimize but what other problems can be brought on by the poweroffs. The company thats doing this are doing it because they fear the wind event will create wildfires. It comes from a good point of concern, which we all have, but its because that their electrical grid hasnt been hardened and they think these winds can create the fire event were fearful about. So they created these Public Safety power shutoffs. There are people that rely upon power for life. Life meaning their electric wheelchair, keeping their medicines cool, heart and lung machines, and those folks are in great danger when you s
Action, announcing a fourweek shutdown of all restaurants and bars and france requiring people to remain in their homes except going out for essentials and here in the u. S. , a new round of coronavirus a hit to the economy because of recessions abroad. Guy, what do you say its fascinating. The market hasnt cared about a lot of stuff you mentioned except for this week i have been wondering why the market hadnt been selling off one of the things i was saying was it was stuck above 25, but the market didnt care so my views were dead wrong. Now the market cares i will paint a rosy picture tomorrow tomorrow they closed either side of 40. Go back and look i think june 11th it popped out at 40. You could potentially see a washout tomorrow morning down to 32. 09 which was a september low. Maybe close off those lows some huge earnings from these companies, maybe it will be the mother of return gains friday. I think 32. 09 is the likely place of support on the s p. Today was shocking, tim, but
Sell, sell, sell, sell it is a mistake to sell. This president hates being blamed for lower stock pric pri. The negotiation yesterday, you have a second tweet storm where he reversed himself or offset some of the damage bye, bye, bye the dow surged 35 points his tweets bring new light into the stimulus talks creating the biggest surge since july and thats not the only certain watch. We know democrats and the House Judiciary Committee did Something Big today. They want to break up some big tech it is some of our favorite stocks i am going to defend them. The house is concerned because they think they got monopoly power. We cant get away from washington for a minute. Let me say flat out. I dont like monopolies. They are bad they cut the heart out of the small and medium size businesses our whole system is based on competition. Without it, big business have no incentive to improve are facebook, apple, amazon and alphabet really monopoliemonopos oh, i am not convinced these companies have
Conocopillps acquiring contra resources. The largest deal this year and well have conoco ceo join us this hour. The 737 max or comeback european r regulators saying it is safe to fly and planning a december return to service. Carl jim, heard you just talking to becky about stimulus as we continue to kick this around it does not sound like this new sense of urgency, quote unquote, will do much to push the package forward. We are too close to the election and either side gives then the other side. I think has them so, lets say the president gives a little bit more than i think that Speaker Pelosi will make it even tougher because the president wants to get that check to you to the least amount of money donald j. Trump wanted. I know that is something that a lot of people, wow, the president gave it to me. I think what we should be owning and trading and buying are companies that are about to go through an Earnings Period that i think is going to be rocky but overall positive and i think