Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 ye
Hello good evening the latest developments and a look back at events over the last 7 days to you watching the weekly here an r. T. International now peru has decided not to bite or he says of a potential corona virus vaccine being developed by the british firm astra zeneca cited a lack of data from the company half to the death of a trial volunteer reports claim that a 28 year old male doctor in brazil died died while taking part in advanced stage 3 trials run by astra zeneca and Oxford University though it isnt known whether he received the actual drug or a placebo meanwhile the u. S. Is now permitted trials to resume after they were temporarily halted in other countries have also restarted them in recent weeks but it has more now on the race for a cure. There is always the risk with any vaccine any Clinical Trial that statistical improbability that point not one percent risk that someone dies at someone reportedly was a brazilian doctor he was part of an Oxford University Vaccine Tri
Welcome to the to todays hearing. Pursuant house rules, some members will appear inperson and others will appear remotely via webex. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this hearing in person must wear a face mask unless they are speaking. Members who are not wearing a facemask will not be recognized. Let me also make a few reminders to those members appearing in person. You will only see members and witnesses appearing remotely on monitor in front of you when you are speaking in what is known in web ex as active speaker view. A timer is visible in the room directly in front of you. For members appearing remotely, i know you are all familiar with web ex by now but let me remind everyone of a few points. First, you will be able to see each person speaking during the hearing. Whether theyre there in person or remote. As long as you have your web ex set to acti
0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety
Despite election polls moving against the president , despite the media aggressively questioning his treatment and his doctor statements and his hospitalization, all of that despite it all and by the way they really hated this, the president ial driveby, thinking his supporters, cnn said he exposed his secret service driver, the president had a good night, hes been treated with remdesivir in a steroid and his doctors will update his position in two hours, you will see it, that could move the market, i have a sign of the virus time story for you, the regal chain of theaters will shut down indefinitely, 540 in america, 120 in britain, they cannot handle the delays in the release of big budget movies, james bond never say die and they cant handle the publics lack of enthusiasm for watching movers out of the home, the virus rippling through with all kinds of indications, throughout the show we are checking the president s medical condition, his possible return to the white house and the ma