And fedex has been on a tear during the covid19 crisis along with other transportation stocks. Will the gains continue after we get a vaccine . On the barrons roundtable, al root, carlton english and jack howe. Good to see you guys. Jack, i want to start with you on the market. Tech stocks tried to get a rally going, but they just couldnt pull it off. Well, monday and tuesday they tried to get that Party Started again, and then wednesday, thursday, friday they just kind of spent those days gent9ly pulling gently pulling down steadily. And its mostly tech stocks, right . Theyve led the stock market rebound so far this year, but the five Biggest Tech Companies are now in unprecedented 23 of the s p 500. How are investors going to get more excited about these same companies . The Economic News was soso. Retail sales grew not as quickly as they had the month before, Industrial Production improved, not quite as fast as over summer. The fed said the Economic Outlook is uncertain, not exactly
And fedex has been on a tear during the covid19 crisis along with other transportation stocks. Will the gains continue after we get a vaccine . On the barrons roundtable, al root, carlton english and jack howe. Good to see you guys. Jack, i want to start with you on the market. Tech stocks tried to get a rally going, but they just couldnt pull it off. Well, monday and tuesday they tried to get that Party Started again, and then wednesday, thursday, friday they just kind of spent those days gent9ly pulling gently pulling down steadily. And its mostly tech stocks, right . Theyve led the stock market rebound so far this year, but the five Biggest Tech Companies are now in unprecedented 23 of the s p 500. How are investors going to get more excited about these same companies . The Economic News was soso. Retail sales grew not as quickly as they had the month before, Industrial Production improved, not quite as fast as over summer. The fed said the Economic Outlook is uncertain, not exactly
Cities krs the u. S. From the urban institute this runs an hour. Were about to hear some very good Economic News after recordbreaking declines in economical activity in the Second Quarter of 2020, well be see eyepopping consensus, 25 growth in the third quarter. We should not lose sight of what that means for people who are still struggling and the fact that we still have a deep hole to climb out of. Much has been written about the kshape recovery. Workers at the low end of the distribution who dont have options to work from home and for whom federal help has already been paid in a way. Weve seen who will owedout downtowns with fewer workers coming in, buying lattes. What does that mean for city revenues . One estimate suggests its in highrent zip codes, highrent districts, employment is still at 45 of precovid levels. So we are about to explore these things today. We also have a blog my colleague and i have a black about what this means for cities and each industrys mix and, of course
Very. Serious. And i believe. All of that. Russian backed government of. My biggest. City because. President ial. Debate on both seemed to keep it dignified as both president ial candidates are in their seventys the idea that the president is away from the presidency has increased this contest abortion ministrations Pandemic Response of course. After the recent chaotic president ial debate. And much more. The 2 candidates seated at a safe distance divided by plexiglass barriers in the 1st and only Vice President ial debate. Just one of many issues of can. Tension between mike pence and Camila Harris the American People have witnessed what is the greatest failure of any president ial administration in history of our country undermining the pens who hits President Trumps corona Pandemic Task force on excess went on the defensive from the very 1st day President Donald Trump has put the health of america 1st before there were more than 5 cases in the United States all people who had return
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit