Nasdaq nosedived the worst day since march. The lesson things got too easy. Everything was working every sector, the airlines, oils, health care, cruise lines, transports, blanks, retail, tech until a few days ago, picking winners, you know what it was like it wasnt like shooting fish in a barrel, it was like machine gunning fish in a barrel when it getz that easy, when everyone thinks theyre smarter than warren buffett, you know youre in a real bruising. A genuine roll back, and sets back the neophytes who only knew when you buy a stock, it goes up that logic has now been debunked this has wiped out a good chunk of the geniuses who crowded into the airlines, betting they knew better than buffet after he dumped the whole group so what happens now . If theres all this money being managed by novices who only know how to chase momentum, is it safe to buy before those get blown out . Dont have you have to way until the Hedge Fund Guys who missed the whole rally, come on our air and say i t
If retail buying cyclical, do you have to . And one of the potential movers u. S. , theket in the pharmaceutical analysts. A lot of pockets but we can start in the u. S. What is your biggest take away and how should the markets be taking it . I think the simple read of trying to analyze wave one, wave two, it really does not matter. At how thisto look rise in the number of cases, i think we talked about this last week, actually translates. Nobody wants to get infections running around still but we want to make sure that people, if they are getting hospitalized, that that is the hardest and best number to practice with. It is possible that because you are doing thousands more tests, you are obviously finding more infected people. Lets just keep an eye on the hospitalization rate. That is the one i am keen to look at. And it is not as well reported for some reason. So what is it telling us . I get what you are saying about the fact we are testing more and logically, therefore, the number
Saying, go back to your bunker. The police chief and officers g the first time in days. Ahead, seattles police chief joining us live. Canceled. Two Popular Police reality shows pulled from the air in the wake of the protests over Police Brutality. The longrunning series cops with drug busts, alleged drunk drivers and foot chases all caught on camera and one of the highest rated shows on cable, live pd pulled after the revelation that cameras were present during a deadly arrest in texas. Host and producer of live pd dan abrams joins us live. Gma exclusive. Could this germzapping robot be the key to killing the covid virus in your hotel room, your anw th morni, th revealed. Right in the wake of vocal criticism from both fans and former stars over the shows lack of diversity. I was hoping when i came on to be a trail blazer for that, but in the last three years there really havent been changes made. Only one black lead in 40 seasons and 18 years of the frche. How the show is addressing al
Well, thank you very much. This is a very big day for our country. Its an affirmation of the work we have been doing for three and a half years. This is not just for the last few months. This is for three and a half years. Its a great thing. We were very strong. We had the greatest economy in the history of our country. We had the greatest economy in the history of the world. And that strength let us get through this horrible pandemic. E pandemic. Largely through, i think we are doing really well. I had a meeting yesterday on vaccines and we are doing incredibly well with that. I think you will have a positive surprises and therapeutics likewise we are doing extremely well. Sure is we are doing well. I think those two words blend with each other. Cures. Tremendous progress is being made on vaccines. We have ready to go in terms of transportation and logistics, over 2 million ready to go, if it checks out for safety. And it is also, the nice part is, we have four companies you , could s
Pandemic with no sign of a return to Global Travel any time soon. The fallout from the current virus is having an impact across the americas and putting leaders under mounting pressure to contain the outbreak Brazils Health minister has resigned less than a month into the job had only just replaced another Health Minister who was fired over tensions with president terrible sonar on how to handle this pandemic in chile a surge in new cases has forced the government to put santiago under lockdown they only infections in the city of risen by 500 percent in 2 weeks and that the u. S. The house of representatives has narrowly or proved a 3 trillion dollar relief package President Trump says a vaccine will be ready by the end of the year but Health Experts say that is not realistic. He has more on the situation in latin america. Nelson stepped down as brazils minister of health after just weeks in the job as president became increasingly at odds on how to deal with the coronavirus pandemic.