Nasdaq is negative by 30 points. Our focus today on apple you see it on the right. Was in the green now its in the red. Pete, is apple vulnerable. Down 6 this week. Down 12 month to date yes its had great year. Is it now vulnerable like anything, theres so many different variables that everybody is look at as they decide to exit so many of the high flyers and obviously apple is one of those names. Thst no doubt it could be pressure on it i still believe in the company in terms of all the things i bring up they are defieping why they are still bearish on it. Anybody who is looking at apple is only the phone company is looking at it wrong. I disagree with that call. That doesnt mean it cant do gown further img t i think the pressure is on people are getting out of certain positions because they had such a great run to the upside were seeing a lot of that a lot of that has been indications we have seen for the long time that were very bullish and now we hit a bit of pause. All right you m
Fast jobs will return to sustain that and to turn that into real consumpti consumption. Ron, were seeing spices in coronavirus infection. Were seeing spikes in hospitalizations as well if you looked at trends in other parts of the world, you know, sometimes those do tend to follow the infection rates is it based on an expectation that may not play out. Maybe we were through the worst of this when in fact there is still quite a bit of Health Mandates just assuming we have a Straight Line up into the future i think there is room for disappointment we have higher infection and hospitalization rates. Sadly i think the death rate is followed up by lag im particularly worried about how many states and local governments will have to push the pause button or reverse on reopening efforts. I think there is choppiness ahead. I think it will be until we get here it can be rolled out basically globally tobias, i know you just had a institutional client poll. As we wrap up this Second Quarter, what
Historian mary beth norton. She is the author of five books and coeditor of several others in your textbooks in a survey of u. S. History and been published in ten additions and sold more than 500,000 copies. Norton is a price finalist and. She is married professor of American History at cornell university. Her new book, 1774, year of revolution, available for purchase following the program. So now, please join me in welcoming mary beth norton. [applause]. Mary is really nice to be here. I want to make sure that the microphone is on. It does not seem to be. Hope there is pretty great. I want to show you the cover of the book because that little bottle on it, is famous here in colonial historian. I dont know if anybody recognizes this but it is in the collection of the massachusetts historical tidy. It claims on the label which is impossible read, that it contains t picked up from bostons harbor. The day after the tea party. So there is a quite wellknown object in the colonial america.
S p shed 8. 3 . Although we were down a lot more earlier in the session you say i got to say its about darn time hallelujah things have gotten too easy. How do i know . Because the uber driver was make together much on tesla because the shoe shine men have finally picked a winner, and that winner was amd. Because these moves have gotten way to too crazy, and they had to stop. In end, even the saint Virgin Galactic, it was felled. Yep, they even got to space, symbol spce. Or spice, as i like to call it look, all selloffs are not created equal. Some are a lot worse than others this is not a slash and burn selloff its more like the kind of pruning you do to trees that are too new the power lines. Sure it looks ghastly chen theyre done with the wood chipper, but it beats the alternative which is a california style wildfire. I like the market because when trees grow back, hopefully they grow back stronger, slower, steadier still was an odd day for the market to take a dive. There was a lot
Woman would you fix your tie, please . David weople wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont consider myself a journalist, and nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of ui running a private eqty firm. How do you define leadership . At is it that makes somebody tick . When you graduated from college in 1981, you went tpe the university osylvania. You then joined the company your father had started, comcast. At that time, it was a relatively small company. Did you everagin your wildest ation, think it would become the leading company thats its become in the Telecommunications Area . Brian we had about 20 million inevenues that year, and my father, when asked that question for many, many years later used to say, of course. And the reality is, of course, no way did either of us dream that we would be lucky enough to be comcast nbc universal, sitting