Is this is week that tech took the market back. Tech is up 2. 8 . New all time high is the russell 1000 growth. Tech is back and tech is working. Every time we get the story well roll out of tech into value, it works for three or four days and we go right back to whats really happening in the economy is tech platform driving dijtization. Not only domestically but globally these companies are empowering it that Investment Team will be strong right through 2021. The russell will be interesting. If you can find companies because the russell itself actually has no return on assets most of the companies dont make any money. If you can find a mid cap company and its revenue domestic it doesnt matter who wins the election were going the war with china its going to have an impact on certain s p companies. You can find refuge in the russell 2000 i think you have to do your stock picking there. Im looking for companies with companies that make money by distributions and having nothing to do with
9 after reporting yesterday afternoon. Lets take a dive deeper into snaps quarter stifels john eggbert and Lloyd Wamsley of Deutsche Bank joins us now gentlemen, you both have buys on this stock, and there was interesting commentary from snap about how theyre expecting lower user growth in the Third Quarter, and theyre also anticipating there will be significant revenue headwinds, even though the first 19 days of the quarter they showed 32 Revenue Growth so jon, tell me, why are you so bullish . Well, im bullish because of the longterm story. And i think that the underlying trends are still intact. On the short term, it sounds like the Third Quarter will have some complications were not exactly sure how much sports well have. Back to school may be limited in parts of the country feature films wont be launching like they normally do, and those are big areas of brand advertising spend that snap and other Digital Media players benefit from in the short term but in the long term, the direc
Present the case against the president , kim strassel, and columnist and manhattan senior fellow jason riley, what do you expect to happen in this trial . Well, what we are going to have is the an Opening Statement where people put forth outlines for and against and questions about votes, youll also have the house impeachment managers going first and presenting evidence that they collected if the course of this investigation trying to convince senators that it is enough to go forward with conviction and in theory that would be by the president s defense. Paul is there a possibility that youll hear from impeachment managers and if the Majority Leader Mitch Mcconnell says you know what, i think we have enough votes to acquit here right now that they could hold a vote after that those original arguments . This is something more and more republicans are thinking about. You know there, had been a thought of having emotion to dismiss up front but it was clear that a lot of republicans werent
Present the case against the president , kim strassel, and columnist and manhattan senior fellow jason riley, what do you expect to happen in this trial . Well, what we are going to have is the an Opening Statement where people put forth outlines for and against and questions about votes, youll also have the house impeachment managers going first and presenting evidence that they collected if the course of this investigation trying to convince senators that it is enough to go forward with conviction and in theory that would be by the president s defense. Paul is there a possibility that youll hear from impeachment managers and if the Majority Leader Mitch Mcconnell says you know what, i think we have enough votes to acquit here right now that they could hold a vote after that those original arguments . This is something more and more republicans are thinking about. You know there, had been a thought of having emotion to dismiss up front but it was clear that a lot of republicans werent
Present the case against the president , kim strassel, and columnist and manhattan senior fellow jason riley, what do you expect to happen in this trial . Well, what we are going to have is the an Opening Statement where people put forth outlines for and against and questions about votes, youll also have the house impeachment managers going first and presenting evidence that they collected if the course of this investigation trying to convince senators that it is enough to go forward with conviction and in theory that would be by the president s defense. Paul is there a possibility that youll hear from impeachment managers and if the Majority Leader Mitch Mcconnell says you know what, i think we have enough votes to acquit here right now that they could hold a vote after that those original arguments . This is something more and more republicans are thinking about. You know there, had been a thought of having emotion to dismiss up front but it was clear that a lot of republicans werent