Worked so much in the first couple of quarters. We are also expecting our investment ipo tomorrow. It is a very, very busy year for us, all in all. You are looking at health care opportunities. Everybody else seems to be doing that. That is why valuations have skyrocketed. What are you finding and what are you concentrating on within that space in particular . Nisa it is interesting. Board. St across the is, is really interesting when we invested in the first company, the first Vaccine Company to list in hong kong. One of our Companies Went out in hong kong, the first device company. Venus, thepo of whole medical device sector has become hot this year. Seen 25 areas we have Companies Getting funded in china alone. I am not sure about the competition. On the discovery side there is also excitement. Because valuation has grown so much, we would still stay away from very expensive deals. Historically, we have been investing 75 at least. Systematically we have been doing the same thing as
John malone with the legendary media icon has to say about the covid19 virus, direct to consum consumer, streaming, so many other topics we hit in our hour long shutdown. The ceo of goodrx, we had him last week, since then, amazon came into the business what does it mean for his business carl, well ask that question amongst others. Yeah, thats good stuff for this hour, guys. Jim, we talked for last week and a half about the fact that a path to the vaccine would face some setbacks and clearly new york city schools, new state of emergency in wisconsin, speak to that i think that one of the things that we needed was a bridge, which would be stimulus, to the vaccine we dont have the stimulus were getting terrible numbers, we have half the country that thinks the numbers are okay, given the fact that the death rate hasnt skyrocketed. We have the other half, were saying, look, if we dont do something about it, then the Healthcare System is going to be overwhelmed. In that scenario, it is ver
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Line here, it too on track for a record close. An effective vaccine now more important than ever as the pandemic death toll today topped 250,000 americans. Yesterday alone, more than 1500 people died. One of the biggest obstacles to rolling out a new vaccine, we talked about this, maintaining the ultralow temperatures needed to transport tens of millions of doses. The ceo of the u. S. Company that says it can get it done is here. Hes churning out his medical grade freezers as fast as he can. We will show you what it takes to achieve refrigeration nation. With cases spiking, businesses, yeah, you will dread this, sending workers back home again. Are you dreading zoom group calls . We are about to show you a new video platform that may have you considering the switch. Plus, chris krebs, that trump appointee the president fired last night by tweet for saying the election was secure, has just himself tweeted out a defense. We will show you that tweet and the two protrump senators siding wi
The short term we have concerns about what happens with the virus. New york shutting down when it comes to the schools. Nevertheless, how can you sustain the entering opening of restaurants and bars on the back of concerns when schools have to close . The dilemma is front and center for the people operating government right now, and investors. Can they look through it . Joe exactly right. Still nothing to help out from d. C. , no stimulus seeming to be imminent. And the economy is not rolling over yet, but i think it is surprising less to the upside. Several times the data kept coming in soundly solidly better than exultations. The big green area were all those data points that kept surprising to the upside. That is rolling over. What that means is not that the economy is sputtering, per se, but people are catching up to reality. Of course we had retail sales yesterday well below estimates. It is dawning on people, i guess everyone is getting more realistic, starting to mangy maybe vir