Day. Pete, i come to you. Jpmorgan the quarter was good Loan Loss Provisions were surprisingly good. The commentary today is a surprising show of coronavirus resilience thats what i just read. Why is the stock down . You know, initially it had a nice pop to the up side, scott i think people step back and say the financials, we need to hear a lot more about what theyre going to be able to do at some point in time thats outside of the trading spot because thats another area the Loan Loss Provisions, you just brought that up but how about the trading numbers . The trading numbers are outrageous for them and for citi that is an area we expected to be strong. It was Even Stronger than expected but theres more to the bank than that. I think thats what were going to be struggling with for a while with these financials. And when you look across just about every name, scott, other than Something Like a black rock, asset manager. When you look at the banks and the financial world there, they jus
The brink. New york city reporting an alarming rise in coronavirus Positivity Rates. Schools that just reopened already at risk of closing as hundreds of thousands of students return to classrooms. If the schools are not safe, im not going to allow them to operate, period. This as two new studies are raising concerns about young adults contracting the virus and the rapid spread on college campuses. Rare move. The official recordings of the grand jury proceedings in the Breonna Taylor case about to be made public as louisville and breonnas family braces for the release. Sentencing day. Seagrams liquor millionaire about to learn her fate for helping to fund the socalled sex cult nexivm. Charged, woman accused super bowl legend joe montanas infant granddaughter appeared in court for the first time, pleading not guilty. The judge calling her a clear danger to the public. And finals frenzy. James with the layup. Fans counting down. The tipoff just hours away, the lakers versus the heat, a 2
Debut at the New York Stock Exchange that direct listing, we expect that debut to happen any moment now. Well show you that when that begins trading steve weiss, i begin with you, you have positive news today on virus therapeutics, some of the Economic Data was good as well you have made some interesting moves. You bought back ford, bought back peloton, corvo, and i want to know why. I also bought back some of the clean energy plays heres why i perhaps got too negative wos week vgts it seemed to me that the market has been digesting, given bidens movement in the polls consistently having even a lot of the swing states, so i thought that the debate was bidens to lose, knowing where trump was going to come from, he was well prepared. I thought thats what we got i did not count on the risk to my negative scenario was also stimul stimulus i did that count on the positive news of stimulus that we got overnight and this morning, which reversed the futures so, look, the other factor was that
Give up by mega cap growth and shift into value, wasnt i that was the strategy being communicated over the last five days i dismissed that last week mega cap growth is where investors should be. You should not be selling your oldin holdings and reinvesting in the lagards. This is where youre going to see the continued Revenue Growth, this is where youre going to see the correlation from work from home, stay at home and this is where moving forward youll find your best retur returns. Kevin oleary, hes right, isnt he every time says big caps are tired, its time to rotate, they come roaring back and theyre doing it this month or doing it right now. Joes right about mega cap but not right about growth in apple. The reason apple is owned by everyone everyone, and i mean everyone, number one, its a play on 5g, no question about that number two, youre making the assumption when you own it, even though youre not being we regarded by r rewarded by Revenue Growth, its going to keep growing but i
Abc news exclusive. Federal judge esther salas opening up in her First Television interview about that fateful day. Was there ever a time where you feared for your safety . What shes saying about the lawyer who posed as a delivery driver, shot her husband three times in their own home and killed their son. He hated me because i was a woman. He hated me because i was latina. I had the nerve to become a judge. This morning, the changes shes demanding and her incredible message of forgiveness and how she plans to honor her son. Breaking overnight. A Texas Police Officer charged with murder in the Fatal Shooting of Jonathan Price, killed while witnesses say he was trying to break up a fight. Overnight, hundreds of people gathering to honor jonathans life. Hurricane delta rapidly intensifying heading for the gulf. Winds already up to 110 miles per hour. The powerful storm expected to become a major cat 4 hurricane today and take aim at already hardhit louisiana this week. Ginger is tracking