Buy the cyclical stocks. On a day the market got hammered, nasdaq declining just. 06 lets remember what actually took us to these record levels in the first place because those stocks are still the best in jump you know what i am talking about. Talking about a termite coin i am talking about faang yeah, faang, facebook, apple, netflix and google these stocks gone out of style on the wall street fashion show. Smart money keeps telling me to get out of these small stocks and into the russell 2,000 they want you to forget faang and big on everything better with the vaccine there is some stocks that become a lot less attractive when the world goes back to normal. Oh, but not faang. These companies are living and breathing organisms. They are so powerful theyre not connecting to the economic win theyre in charge of their domestici desti destiny. They dont care whos in the white house. It put a target back while zuckerberg fights the government, it would be better if he didnt have to so they
And only talk about the virus, the vaccine developments, when there is not much thats new. Why do this at all on a friday evening . I cant answer that. Its good to get out of the house, i guess. Been announcement about pfizer come a couple of weeks earlier, which to be clear, doesnt appear the science would have allowed, im sure we would be talking about a different political landscape. Even with that bad timing. It is certainly an achievement for this administration to have been able to help accelerate some of these vaccines, like the vaccineng moderna into the final stages, and hopefully the level of emergency approval and access to the American Public by the end of the year. That remains a very big deal if it does go that way. Emily can you clarify for the record what pfizers involvement was in operation warp speed . They did not get money from the government, saying they misrepresented the involvement. What do we know to be the truth about that . Question, andeat its important we c
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
And no fly zone to stamp out a separate a struggle here in flags of concerns of war crimes in the goal of care about or for armenia and azerbaijan are accused of committing atrocities. There its been 4 days since election day but americans are still waiting to find out who will be their next president s race to the white house is headed for a 4 to finish with every hour narrowing the gap between donald trump and joe biden heres the overall picture as it stands this hour there are just 4 battleground states left to count and any one of them could give joe biden the win that he pulled ahead in georgia in the last hour or so and he also has a lead over in nevada donald trump however is ahead in the others. She states but the margins are razor thin no those states being counties are the ones that you see here in yellow nevada georgia North Carolina and of course pennsylvania by the nih has 264 Electoral College votes trump meanwhile has 214 that still puts both in range of the magic number
Clerk there are 11 ayes. President yee out objection the resolutions are adopted and motions approved unanimously. Could you read the memoriams. Clerk yes, mr. President. Todays meeting will be adjourned in memory of the following beloved individuals. I have, on behalf of supervisor stefani, for the late ms. Linda squires growing. President yee ok. Colleagues, that brings us to the end of the agenda. Madam clerk, is there any further business before us today . Clerk that concludes our business for today. President yee thank you, madam clerk. There are no further business, go ahead and go out there and do your civic engagement. We are adjourned. [roll call]. Clerk we have a quorum. Thank you. Id also like to announce that the commission will have a different order of business at this meeting, and we will hold the closed session first before moving into our regular business. Madam secretary, will you read the closed session prior to Public Comment . Clerk yes, maam, president. And prior