Bit of again have a cyclical or rotation reopening rotation happening with the financials, materials, real estate to the upside. On the bottom we have tack. Financials are not being helped today. Bonds selloff. Intel,ight down by putting up a disappointing, lackluster guidance. The first down week for stocks in four weeks. David as we have talked about although sponsor comeback a little bit they are still at or above their range. The dollar is still down a bit. Abigail you are right about that. With bonds it is interesting. If you put the dollar in there, it is climbing as rates go higher. That has not been happening. What makes the bond rate so interesting is it has pressured stocks. Last three over the months has been basically stuck in this range. This decline turns into something bigger, we could have the s p 500 go back towards the september low. My sense would be what you are talking about. The opposite happening for yield and pressuring stocks down. We saw that back in june. Tha
Weaker byh pound is 9 10 of 1 . Picture withig tina fordham, avonhurst partner and head of Global Political strategies. She joins us from london. States we are 57 days away from the election and still no stimulus insight, even though the senate is back. It does not look like the president and democrats are ao any page that would be considered similao similar. Where do we go from here . Tina i think another round of stimulus should be a foregone conclusion. This haggling we are seeing, Congress Just back from recess, is what you would expect to see. Each side wants to see they are driving a hard bargain. Look at the language used by the two different sides. Republicans say the president wants nothing more then to write checks for american families. Democrats say the stimulus is not just skinny, it is emaciated. But we are going to get there because we have to. Ands a political imperative not just an election year, but with an election coming days nobody wants to pull the plug. Vonnie it
Netflix shares also in the red. I spoke with Reed Hastings for his thoughts on how the pandemic would affect the industry and how he sees the streaming wars playing out. First, a deep dive into what is moving after hours. Slack moving after the bell. Shares plummeting after filling fell short of analyst estimates. Abigail doolittle has been looking at the numbers. I just got off the phone with the ceo of slack, who focused on the demand they see accelerating in paid customers. They are still not seeing still not giving guidance. Afterch a dramatic impact hours . Abigail one thing investors do not like is uncertainty. Also, in terms of the billings miss for the quarter, it was not huge, but 6 . You would think that folks would be using the messaging platform during the stayathome days, but it signals the idea that some of the small and mediumsized businesses are hurt enough, signaling that slack could be a nice to have Technology Rather than a need to have. This stock really getting plu
Susan Grace Coolidge was enormously popular as first lady, and influenced the taste of american women by becoming a style icon. Married to a man known as silent cal, she never spoke to the press, but she did use her office to bring attention to issues she cared about. Good evening, and welcome to cspan series, first ladies influence and image. Tonight, well be telling you the story of first lady Grace Coolidge who came into office with her husband, the president , in 1923 after the sudden death of president harding. Here to set the stage for us as we learn about the fiveplus years of their time in the white house is amity shlaes, who is a coolidge biographer, syndicated columnist, author of other books on that period. Welcome to the program. Lets have you just tell us about of the arrival of Calvin Coolidge into the white house. How prepare was he for the job . Amity actually, quite prepared because hed been a politician all his life. President coolidge was one of those men who started
Opportunity. So i would i would advise any first lady to do what she wanted to do. If she doesnt want and another thing i learned is youre going to criticized no matter what you do. I could have stayed there at the white house, poured tea, had receptions, and i would have been criticized as much as i was criticized outside of for what i did, but and i got a lot of criticism. But you learn to live with it, as i said earlier. I mean, just live with it. You expect it, and you live with it and never let it influence me. Rosalynn carter, in a recent interview conducted for this series in atlanta. She was her husbands political partner from their first campaign. As first lady, she attended president jimmy carters cabinet meetings and championed womens rights and Mental Health issues, even testifying before congress. Their partnership on issues has continued in their long postwhite house years. Good evening, and welcome to cspan series first ladies influence and image. Tonight, we turn the pa