The Richard Nixon foundation. Mr. Johnson president s ands president nixons administration is regarded as one of the most proindian of the 20th century and one that restored lands to tribes and ushered in a new era of selfgovernment. Native americans found a champion in president nixon. A stance that resulted from his personal history and his consultation with indian leaders who helped shape his view of Indian Affairs. This policy breakthrough took place in an atmosphere of indian activism and even militancy. And in a famous incident, a group of native american activists took over Alcatraz Island in 1969,reclaiming it as indian land during their 18 month occupation. Amidst this assertion of cultural identity and land claims, president nixon advanced a successful proposal to repeal termination,and congress acted on nixons reform proposals. In his special message to congress on july 8, 1970, both as aixon said, matter of justice and as a matter of enlightened social policy, we must begin
Lets begin by taking a look at where we stand onwall street theres your picture all sectors but industrials are in the red right now, dow trying to claw back off the lows still down about 7b3 points the question now, josh brown, im sure everybody is thinking about this if not being asked it directly, im going to do it the same what now where do we go from here well, i think were in now the third at the last five days, were in third day of this mean reversion trade where the hardest hit sectors and the sectors that have the most gain on a successful roping of the economy are leading. Its really interesting to look at, for example, the fact there are 20 s p 500 stocks that are up more than 20 on the year only one of them is green from the day. Big outside day developing teledoc, i wouldnt want to be in that name right now youre seeing the semis getting turned away. Semis have been out stangding bt they got turned away hard. When you look at the rsp versus the spy. The s p having a bad da
Edition of squawk box, which is starting right now. Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Weve been watching with the u. S. Equity market and things are under pressure dow was down by 600 points on friday and adding to those losses today dow futures right now down by 273 points earlier this morning we were down by 350, so this is some improvement from a half an hour ago. The s p is down by 28 points the nasdaq off by 61 lets get rightto our big stor of the morning that is, of course, the Berkshire Hathaway meeting that was health over the weekend. Warren buffett speaking out about the Global Pandemic and his recent investment moves. This was a little different this year no crowds. Usually theres 40,000 people there. This time it was just buffett and Berkshire Hathaway Vice President on stable but his message was still received loud and clear. Buffett made the case that you should never bet against america, b
Lets check the numbers. I mentioned where we are nasdaq was above 9,000 s p 2900 dow is better than 24,000 right now. Josh brown, the issue peer supes starting to run out. Its now peleton, zoom paypal these are tech stocks but theyre not apple. Theres a lot more happening beyond just what people usually associate with the nasdaq. Like where is all the money coming from . Take a look at the russell down 18 on the year while the nasdaq heads towards highs. You could not have a starker divergence between large cap growth and the overall rest of the market and it gets wider and wider. They are the products and services that people are using my colleague ben carson called it the peter lynch market. If people know the product and using it, the stock is probably going up by billions of dollars. Were going to talk about one of thoedse to joshs point,divergence growth versus Everything Else. Year to date is down 2 . The s p value ite is down 20 . You continue to get the divergence, whats going
Again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Paycheck Protection Programs with as many Small Businesses as possible during emergency. A low interest loan can be forgiven if used for payroll and Small Businesses have a tool available to assist them as they weather the storm experiencing extremely high demand and within a two week span all the money was exhausted i devote m