Is the security of america at risk . And covid continues to peek across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . Dropping asstocks fresh resections put in place to limit the spread of covid19 overshadowed positive news. About vaccine develop at Abigail Doolittle has more. Generally the markets were quieter today, but then it fell off late in the day. Abigail truly a sleeper for much of the day. Cyclical rotation trying to take over. As new york city headlines crossed on top of the mta news around the subway. Earlier today, two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 seven day rolling Positivity Rate here in new york city, at least according to the mayors office. Looks like the governor may have ha
And covid continues to peak across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . All of those stories in a moment, but first, u. S. Stocks dropping as fresh resections put in place to limit the spread of covid19 overshadowed positive news about Vaccine Development. Our Abigail Doolittle has more. Abigail, generally the markets were quieter today, but then it fell off late in the day. Abigail yeah, truly a sleeper for much of the day. Very small, fluctuating moves. Cyclical rotation trying to take over. Then new york city headlines crossed on top of the mta news around the subway. Earlier today, you had these two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 , sevenday rolling Positivity Rate here in new york
My childrens godfather is a former special forces group and he had a line he got from a commander somewhere in his career that said there are some peoplpeople just need killing. Some you will not be able to reason with or negotiate with and there is just evil in the world and that is kind of the approach he takes. He doesnt necessarily like it when he knows it needs to be done he went out and he does it. He runs through the bucs as a combination of multiple people that ive known in the world of government, diplomacy, part of government. Hhes actually named after somebody right here in dc who processes fisa warrants for the prophetic justice. So there is one over at doj, real life, and i hope it is a great name for a character. He is a collection of these people and then what i tell folks is that hes my alter ego. He gets to go and do the things my wife wont let me do. She let me go to afghanistan but she drew the line of chasing female operatives. So there is a line i cant cross. Host
That is the crux of the market. Software happens to fall neatly in that category. Do equities need to rerate because rates are so low . Are they giving us a signal that equities are at risk . They are able to issue whatever they want in the Corporate Bond market. You can see that has caused a change in strategy already. It is like everything becomes a bond. Bonds are rallying, gold is rallying because of the nature of these things. Jonathan joining me around the table are james keenan, winifred cisar, and peter tchir. It feels like a buy everything situation. The 10year increase below 1 . U. S. Corporate borrowing costs at an alltime low. Is that what this is right now, just buy everything, get when you can . Winifred everything but highyield energy. It seems investors have a lot of cash, we see record inflows into Investment Grade but the bias is very much to be up in quality. We dont want to buy cccs haphazardly, buy energy haphazardly, but we have to put the money somewhere. Jonatha
That is the crux of the market. Software happens to fall neatly in that category. Do equities need to rerate because rates are so low . Are they giving us a signal that equities arent risk . They are able to issue whatever they want in the Corporate Bond market. You can see that has caused a change in strategy already. It is like everything becomes a bond. Bonds are rallying, gold is rally because of the nature of these things. Jonathan joining me around the table are james keenan, winifred cisar, and peter tchir. It feels like a buy everything situation. The 10year increase below 1 . U. S. Corporate borrowing costs at an alltime low. Is that what does is right now, just by everything, get when you can . Winifred everything but highyield energy. It seems investors have a lot of cash, we see record inflows into Investment Grade but the bias is very much to be up in quality. We dont want to buy cccs haphazardly, by energy haphazardly, but we had but the money somewhere. They are idiosync