Today, we are delighted to welcome the cdc director, dr. Robert redfield. The cdc as you know is the Nations Health protection agency, looking to save lives and defend americans against dangerous threats and respond with Critical Science and active information when those arrive. Dr. Redfield has been one of the nationss leading voices during this pandemic, sharing new information, issuing Public Health guidance, and advising americans about how to safely return to work, school, and daily life. Him at whatto have is sadly a Pivotal Moment in this crisis. Right now, as you know, cases are spiking across the country. As a result, we are seeing some states resorting to different types of lockdowns like we saw initially with the virus. Americans everywhere are hungry for information and guidance about how to navigate the Holiday Season in an uncertain winter. Dr. Redfield will address all of these issues and more and we will take questions from our audience as well. Without further ado, dr.
Thank fire eye intel and proof point for helping to make this summit possible, along with blue vector and the American Gas Association for their Additional Support and turn it over to my colleague, john carlan. Sorry, i had a bit of an audio issue. I want to welcome our guests and also to remind folks that the please submit questions and i will try to read them as we get towards the end of our session today. Weve just heard from cisas cybersecurity and infrastructure Security Acting director and we will have with us today i think hes joining a little bit later, senator warner is the vice chair of the intelligence committee, representative will hurd who is the Ranking Member of the subcommittee on intelligence modernization and readiness and on the house intelligence committee, and representative underwood, from the subcommittee on cybersecurity, infrastructure and protection and innovation. And i thought we would start where we just ended which is we just heard from the cybersecurity a
Banks, airlines all up while faangs are taking a bit of a break. If you ask me whats the best Case Scenario for the market to the end of the year, i would say this whole narrative about how its like the top five stocks driving the market, i would like to see that come to an end and Everything Else play catch up and start to participate and that is literally what weve seen take place. We had a breadth thrust a week and a half ago where almost every stock broke back above its 200 day. We now have more s p 500 components that are up on the year than down on the year for the First Time Since march i think alphabet is the most recent performer but the faangs are not part of this the whole narrative out of the window that this is index fund money and only microsoft driving this is gone now you have a broadbased rally, not based on nonsense, companies have rising earnings expectations, almost every sector weve even got performance at companies that six months ago you could have made a case to
Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Selloff and a dollar selloff at the same time . What does that actually mean . We will break that down as well. Guy and youve got bitcoin rocketing to a record high. Out of the United States, pending home sales month on month a little weaker than anticipated, 1. 1 . Expected at 1 . The prior number revised a little higher. These have absolutely rocketed. The year on your number now stands at plus 19. 5 , which is another incredible number to think about. Lets get back to the vaccine. Is monday, and every monday morning it seems we get some news. Moderna is planning to request clearance for its Coronavirus Vaccine in the u. S. And europe today. Ceo speaking earlier to bloomberg. We have millions of doses ready. We have more and more every couple of days. Joining us now is robert. He spoke a little earlier on. I think they have a review coming up on the 17th. After the potential clearance on that date, how quickly can we get things up and running . Robert they have been told in publicu.