Markets. Dow is up 181, 30,150, all three of the averages setting record highs today. Shannon, you have made some very interesting moves in your portfolio, both what you have trimmed and what you have added to first to what you have trimmed apple and microsoft. T tell me why. So really two different stories here, scott. First of all, ill start with microsoft. As i talked about on the show, this is our Largest Holding and remains a very high convince for us we still have a lot of confidence in azure and the endtoend software it offers but from a portfolio perspective, it was time to trim apple, weve seen a significant runup, 75 in the last year and we really feel like a lot of that has come on multiple expansion. Weve gone from about 15 times to about 27 times. Although we do believe in the services storyand the mo monetization, we think there are better opportunities we trimmed back from a market weight to an underweight were going to continue to hold the stock and maybe look for oppor
So glad you are here for the kickoff session on protecting democracy, foreign interference, voter confidence, and defensive strategies in 2020 election and beyond. Im Carrie Cordero of the center for new american security. We have two sessions this morning. This session will run until 10 45 a. M. Eastern, and i hope you will join us again at 11 30 a. M. Eastern for a session i will be moderating on foreign influence and voter attitudes. Todays conversations are part of a broader collaboration between the center for new american security, the center for ethics and the rule of law, which is part of penn law, and the annenberg Public Policy center, also on the university of pennsylvania. There i hand it over to moderator, this discussion is being livestreamed, and you can post your comments and questions on twitter using the protectdemocracy2020. Our team will be monitoring the monitoring the hash tag and pose your questions to the monitor. America may have been caught off but theres no t
The annenberg Public Policy center, also on the university of pennsylvania. There i hand it over to moderator, this discussion is being livestreamed, and you can post your comments and questions on twitter using the protectdemocracy2020. Our team will be monitoring the monitoring the hash tag and pose your questions to the monitor. America may have been caught off but theres no the samer falling for tricks again twice. Understand the influences around us, take steps take proactive steps to counter them, and work to strengthen our democracy. This collaboration is our effort to do just that. Im now going to turn the over to the professor claire finkelstein, my friend and faculty director of the center for ethics and the rule of law at the university of pennsylvania law school, who is theleading voice on intersection of law, ethics, and national security. Willto claire, who introduce our guests for the session. Thank you soin much, carrie, and its a to have this with c nas. N more importa
Merely dealing with partisan gridlock the dow inched up two points and the nasdaq jumped 1. 12 , this i what we have to think about. Six months ago it looked like the world was ending everyone in congress had a reason to reach a compromise both sides have an incentive to be more stubborn they get to blame each other in the runup to an election but as Speaker Pelosi told me this morning, the deal is still on the table. I took her full statement as a sign getting a deal done could be extremely difficult im saying this purely in micah pasty as your investing coach without a stimulus deal, there will be a ton of private company losers and could be a much worse place a year from now if we get a vaccine by the end of the year too many struggling Small Businesses cant wait that long. Now if you got a white collar job you can do from home you may not realize how bad it can be. The future is fine for anyone that can work from home whether we get another bailout or not. For millions of americans
The annenberg Public Policy center, also on the university of pennsylvania. There i hand it over to moderator, this discussion is being livestreamed, and you can post your comments and questions on twitter using the protectdemocracy2020. Our team will be monitoring the monitoring the hash tag and pose your questions to the monitor. America may have been caught off but theres no the samer falling for tricks again twice. Understand the influences around us, take steps take proactive steps to counter them, and work to strengthen our democracy. This collaboration is our effort to do just that. Im now going to turn the over to the professor claire finkelstein, my friend and faculty director of the center for ethics and the rule of law at the university of pennsylvania law school, who is theleading voice on intersection of law, ethics, and national security. Willto claire, who introduce our guests for the session. Thank you soin much, carrie, and its a to have this with c nas. N more importa