Is a second percentile move going back to 73. Look, if youre a stock guy, youre thrilled because we are so tired of hearing on a Constant Currency basis. This time it could be very big earnings for a lot of Companies Overseas and Procter Gamble and really, really well in this environment. J j does really well the gold run is a combination of Central Banks printing money and also a pest misimistic view on is going to happen with covid we try ceos who are very excited about their vaccine the more people say this is going to end and at the same time we have a huge spring board because of all the money being printed. Things will be good. David, ive never seen a moment where you have a coiled spring if good news happens, but if you dont get a vaccine, just get ready for another one of these things in a couple months. Well, i mean, were looking right now at the board there were showing moderna and the progress, jim, that they have made towards a vaccine the news this morning, of course, is t
A number far greater than was previously reported. As virus cases rise in bangladesh corruption is fueling fears of getting safe treatment in hospital. Also the mollies process leaders refused to back down on demands for the president s resignation and dismiss regional mediation efforts. One of americas most famous civil rights activists congressman john lewis has died at the age of 80 he was among the last surviving pioneers of the movement during the 1960 s. He helped to organize the march on washington where Martin Luther king delivered his historic i have a dream speech nearly 60 years later the dream of Racial Justice is ongoing black lives matter protests sparked by the death of george. Floyd to being violently suppressed by the police in the city of Portland Oregon overnight on friday federal agents fired tear gas at Peaceful Protesters the state of oregon is now suing over the use of force statues have been toppled and some Police Officers sacked during months of protests acros
Good monday morning. Welcome to squawk alley. I am carly fiori i am Carl Quintanilla with Morgan Brennan and jon fortt a big week in Northern California more from jon in a moment. What a day tons of record highs for stocks and indexes overall. The dow hits an all time trading high, First Time Since july. We turn to mike santoli with whats happening. The big picture in terms of overall market is removal of points trade deescalation, low yields it is happening at the same time where some more emerging Consumer Tech companies have been punished brutally last month and last week, wayfair, grub hub, etsy, pinterest, beyond meat, yelp struggled. Whats going on here is i think some of the real emerging Business Models are having a reckoning, relationship with the consumer through an app is not enough and essentially after uber and wework debacle, people wonder if the leading edge of Consumer Tech is worth owning the question now is what it means for the overall market in a sense, it ratifies
Sara eisen great to have you with us lets get straight to the markets. Extraordinary seesaw session yesterday. The dow up 300 points at one stage in the morning, around about midday lunch time, started selling off, such that the dow ended off 58 points or 0. 25 those intraday swings were similar across each of the indices. The s p ending lower the nasdaq ending down 1 . Definitely the same theme throughout the day whether we were at the peaks or troughs thats the selling of things like tech and buying of things that could benefit from a lower Corporate Tax rate like financials this morning you can see a similar theme once again the dow is higher. The s p is fractionally higher but the nasdaq is lower. The dow up 8 4 points. Tenyear treasury note did rise over the weekend to cross above 2. 4 , but slipped a bit yesterday. It is below that level still today, 2. 38 on the tenyear. Look at whats going on arou around the globe ahsia is mixed but mostly lower. The south korean kospi is highe
Good morning, libertarians. [applause] it is 9 45. The Libertarian National convention will come back to order. First item on the agenda, the Credentials Committee reports. Good morning. Thank you mr. Chairman. We have sent to the secretary a list of names of voting members of the convention and their alternates who have been registered up until 9 12 this morning. There are 911 delegates. 6 alternates a total of 931 votes. Form equals 373 and majority is for 66, two thirds is 621, and 815. S i move the revised role of delegates submitted be the official role of voting members of this convention. All those in favor of that motion please say i. Opposed say no. Thank you. Additionally, we have a thens to the lifts lists from states and the Credentials Committee has found these people eligible to vote. I move that chad carlton be added as a missouri delegate, emily church as a missouri alternate, Ashley Lewandowski as a kansas delegate and marcus lopez as a live data as a nevada delegate.