We are honored to have as the moderator for the panel probably the most qualified and knowledgeable person possible, founder and leader of the cybersecurity practice. And a reminder for those that are just joining the panel, joining the session now, ask questions in your browser. Please take it away. Having him muted myself, thank you for that introduction. Whether or not there is a consensus on your comment about me it certainly sounds like there is a consensus about the desirability at aspen so maybe we do that before too long and looked to getting together. Our panel is in fact the most distinguished and knowledgeable panel that we could provide to discuss the subject on the privacy regulations and very timely. One of the problems with giving talks and making remarks and addressing International Privacy developments is you can prepare the remarks three or four weeks earlier you would have to do it all again. Its a Constant Development and here we are going to be talking on the union
Please take it away. Having him muted myself, thank you for that introduction. Whether or not there is a consensus on your comment about me it certainly sounds like there is a consensus about the desirability at aspen so maybe we do that before too long and looked to getting together. Our panel is in fact the most distinguished and knowledgeable panel that we could provide to discuss the subject on the privacy regulations and very timely. One of the problems with giving talks and making remarks and addressing International Privacy developments is you can prepare the remarks three or four weeks earlier you would have to do it all again. Its a Constant Development and here we are going to be talking on the union back in july and the kind of counterpoint of the rebuttal responding to the decision, the doj, the department of commerce and we are now honored and pleased to report theres also the Privacy International decision that we expect will be addressing the court of justice this last w
You mentioned the vaccine trials with astrazeneca. That is not voting well. Boding well. Chinese markets nearly 2 down for the shanghai composite. The hang seng down 303 points, and the kospi also lower. Watching the dollar declined overnight, given some of the risk off moves. The pound down on the sixth the day, the longest losing streak since may. Streak eurodollar slightly lower. , ian hashe aussieyen been boosted by the haven play. G10 higherthe only than the dollar. Yields pretty much flat right now but we saw treasuries up overnight. This is where we are seeing signs of contagion from the tech selloff, the Commodity Markets and oil markets in particular. Below 40 forst the First Time Since june. Thats get more analysis with our strategist. Mark, the u. S. Session came back from the holiday continuing the tech selloff. How is the market readjusting now . Mark it is not a pretty start in asia. The thing thats concerning wayle is it appears to be beyond tech and is affecting other A
Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming your way after the bell, including work from home like cloud strike, those are hot, hot Cloud Companies Apparel Company pvh and well talk to manny tirico, calvin klein and Tommy Hilfiger mike santoli tracking Market Action as always Steve Liesman with new highlights from the feds beige book joining us to talk tesla and pullback were seeing is craig irwin from roth capital. Mike, start us off with the market every group is higher except for energy you do have utilities and real estate and health
Good morning, what a friday morning. No lack of news today. Home sales, the biggest quarterly jump in history. Management changing for some of jeff bezoss and it is a 4 gain today. They added nearly half a trillion in the market cap this month. It is staggering, because apple right now is about 62 billion plus above the 2 princip trillion mark. That is like adding vm wear. That is your oef raj over the two tril mark. I dont know how history will judge that when skail has taken on new meaning im crashing my ahead because im not wrong, right it is remarkable but it raises questions about the breadth of this rally, right . We continue to see the big tech mega cap names push higher and investors saying can it continue, youre leaving a lot of names in the s p especially behind, karl. Thats right, something to watch as more and more people are looking for signs of a bubble now we have a piece that just crossed regarding facebook laying out contingency plans should the president try to delegi