Screen completely different from yesterday and will call it a modest rebound but it was the big tech stocks that fueled the selloff in today though stocks also seen a modest rebound, certainly not recovering the losses theyve seen over the last three days but nevertheless they are back in the green. Take a look at tesla, that stock has lost around one third of its value in just one week. But look at it go today up nearly 7 and by the way well talk to the former Vice President of tesla coming up in this hour. Also tesla rival nikola solid spike after announcing the partnership with gm and come up will talk to the company ceo about the electric Vehicle Market in the fierce and growing competition. Meanwhile talking about competition in the race for the white house joe biden traveling to battleground states michigan to tout his new made in america plan, this ahead of the president s visit tomorrow and this morning by the way President Trump nominated for a Nobel Peace Prize by a member of
People will choose shopping online, if they do any shopping at all. Obviously target is ready. Bracing itself for what could be big crowds. They see something a lot of economists, for example, do not. Were keeping a close eye on that. Push, pull, obviously on the jobs front. You heard about claims, still below 900,000. They did hit week over week. One of the things barometer of continuing claims, they fell by 167,000 to bring us to about 12. 6 million. Surprisingly good news on new home sales, jumped 4. , to 14 year high. Those are things are sort of whipsawing markets. Were following the law and order issue very, very closely. Again, keeping an eye on louisville and talks of further protests across the country over that Breonna Taylor case and a grand jury not personally faulting any of the officers for her direct killing although one for sloppy behavior. Well get into that. Because it led to protests in the likes of atlanta, new york city, a host of other places. And more on Governor
Last month. Its worth remembering that throughout the summer state that were reopening their economies were condemned by much of the media. But it turns out not only did they keep vital Economic Activity moving, they also seem to have been able to get the virus under control. Its clear the economy now has real momentum. The wave of covid cases that we saw over the summer waning, and people are getting back to work. But some local and astronaut leaders seem determined to keep people from resuming normal life. Here in new york city, for example, restaurants and bars are still closed for Indoor Dining despite the fact that covid cases have been minimal for months. Much more damage has been done to the economy than was necessary given the actual threat from the virus. Later in the show well be talking to an investor whos done some Detailed Research on the impact of lockdowns and other measures imposed by authorities and who finds, that, for the most part, theyve been no effect at all on th
Were condemned by much of the media. But it turns out not only did they keep vital Economic Activity moving, they also seem to have been able to get the virus under control. Its clear the economy now has real momentum. The wave of covid cases that we saw over the summer waning, and people are getting back to work. But some local and astronaut leaders seem determined to keep people from resuming normal life. Here in new york city, for example, restaurants and bars are still closed for Indoor Dining despite the fact that covid cases have been minimal for months. Much more damage has been done to the economy than was necessary given the actual threat from the virus. Later in the show well be talking to an investor whos done some Detailed Research on the impact of lockdowns and other measures imposed by authorities and who finds, that, for the most part, theyve been no effect at all on the spread of the virus. But, first, the other big news of the week continued to be the unrest in America
Were reopening their economies were condemned by much of the media. But it turns out not only did they keep vital Economic Activity moving, they also seem to have been able to get the virus under control. Its clear the economy now has real momentum. The wave of covid cases that we saw over the summer waning, and people are getting back to work. But some local and astronaut leaders seem determined to keep people from resuming normal life. Here in new york city, for example, restaurants and bars are still closed for Indoor Dining despite the fact that covid cases have been minimal for months. Much more damage has been done to the economy than was necessary given the actual threat from the virus. Later in the show well be talking to an investor whos done some Detailed Research on the impact of lockdowns and other measures imposed by authorities and who finds, that, for the most part, theyve been no effect at all on the spread of the virus. But, first, the other big news of the week contin