1. 1 but underneath, it was insane after a big dip at the opening, the market came roaring back into the black. This was a day when both the recession stocks and the recovery stocks worked long term thats just knot sustainable. Sooner or later, someone, one of these two groups has to be wrong but short term as were taught, anything goes. Let me break this one down for you. This market has two big themes, completely contradictory and a third team thats down right apocalypse first, the american awakens train. The people who buy into this thesis, well, they believe the government made a terrible mistake locking down the economy. Im part of that group we wont make that mistake again. Now that the country is reopening, they expect people to go out and spend and return to work as they see it for all intensive purposes, the pandemic is behind us the worst is over. We have a better understanding how to treat covid and in the fall it wont be on the radar screen despite records in florida and te
Next, ran export themes that shaped policy. The exporting of concepts like progress and civilization in the 20th century and the lack of diversity and thought among u. S. Policymakers during the cold war. This discussion was hosted by a conference was part of a organence hosted at the at oregon state university. , i first realized how brilliant he was when i was at the university of pennsylvania. A dissertation entitled which was awarded the 2016 allen evans prize. Be ook manuscript will a book will be based on it by the Harvard University press. He is a great scholar to lead us off. Help me in welcoming him. That is a very generous introduction and i feel like i have a lot to follow since you gave a great summary of what im doing. Thank you all for coming out here and thank you everyone for reading my paper. Im excited to be able to aesent this work in such diverse audience, people who are doing work different from the stuff i normally do. For me i kind of live and breathe in a time w
100 bucks perhaps in the cards instacart readying its wall street debut pricing at 30, thats the first of five listings this week it is amongst the first of the tech unicorns the last few years to go public thats almost two years, in fact, since weve seen one go public lets begin with the markets and the fed kicking off a twoday policy meeting yields got a little pop here, jim, on canadas cpi, reaccelerating for the second straight month. What a bummer the fed must find itself in were not building enough homes. Lennar said last week a lot of brokerage houses raised numbers. Lennar today almost a de laid reaction we just dont have enough homes. We have this huge millennial bulge, and theres just no doubt about it they will not be deterred by these rates. That doesnt mean they wont be deterred by higher rates these rates, according to Stuart Miller who i think is the dean of the group and executive chairman of lennar arent detouring anybody. You have fewer homes you have the one thing th
President trump staying on his manufacturing message, hosting Auto Industry leaders for a breakfast at the white house this hour. Well take you there live. Plus, an eye on earnings. Five dow components reporting results this morning, including verizon, j j and dupont. And alibaba reporting Quarterly Earnings and raising its guidance. How investments, cloud and Digital Media are paying off for the chinese giant. Yesterday at this time, Industry Leaders were meeting with the president. Nowceos of auto makers. The president tweeted, will be meeting at 9 00 with automobile executives concerning jobs in america. I want plants to be built here for cars sold here. Big piece on the cover of the journal this morning. Auto makers in the cross hairs. Mark fields of ford saying hes reread part of the deal to better understand the president. Theyve assembled task forces to monitor the president s twitter account. They should monitor phil lebeaus twitter. His note today is the one that has a lot of