Ride to the rescue and do things that its never done such as get into the high yield bond market and rescue companies that have been downgraded which is set off what we call animal spirits the likes of which weve never seen now we have individual that does this smallest of Retail Investors pumping up things like insolvent companies such as j. C. Penney and hertz that have actually declared bankruptcy filed for chapter 11 and yet investors in general are so convinced that because of the feds extraordinary actions to contain the al fall of the credit market of the credit bubble bursting that the fed no matter what happens is going to have their back with i mean thats like the fed choosing winners i mean is that really healthy for the economy because it again thats kind of an evolution i mean thats a choice its not really Market Forces as were always told to worship here i find. Really quite bewildering and what is the doing if youre buying Corporate Bonds i mean this is this is its not c
The 27,700 level. Remember, it was 18,000 on march 23rd. The s p, what, nearly 3400. New alltime high. The nasdaq well over the 11,000 mark. Who would have thought of that. Add it all up and yes, we are now in a brand new bull market. Heres another reason for the rally. Terrific performance from major retailers, target, out today with a blowout report. Online sales nearly tripled. It was targets best overall growth rate ever. That stock is going straight up. Add this to the numbers from walmart, home depot and its clear the major retailers won big by staying open in the lockdown. Really, though, kind of tough on the smaller operators. Got to get to it. The convention, boring in my judgment. Tv ratings way down. Wheres the excitement . Everything is on tape and the whole thing lacks the spontaneity of a live crowd. The performance of the old guard, bill clinton, john kerry and a grim chuck schumer. The bright spot was aocs oneminute appearance. She nominated Bernie Sanders. The democrat
Speaker pelosi says its absolutely absurdly unconstitutional. What will they do . Go to court to stop people getting the money . Right before an election . Good luck with that. The president s playing political hardball. 84 days to the election and again, the money will flow. Investors like it, by the way. Looking at the futures, the dow industrials will open this morning with a gain of about 100 points. The s ps going to be up about four. The nasdaq, up about 13 as we speak. The president s playing political hardball with china as well and beijing is responding. Jimmy li, a leader of hong kongs democracy movement, has been arrested under the new security law and china has imposed sanctions on u. S. Senators, including marco rubio and ted cruz. Now, that is escalation. Dramatic change may be coming to a mall near you. Amazons in talks with americas largest mall operator, Simon Properties simon group properties, to use some Department Stores as fulfillment centers. Amazon gets cheap spa
Before the electric. Light of. The auto and mobility show. In this weeks episode we ask who are the women that outdo men behind the wheel. In such bullshit and. What obstacles do they face in male dominated motor sports in the end of the day they dont really believe in and its very hard to get the best material in the team m. M. A. World champ julia dorney pulls no punches as she puts small cars through their paces. Didnt give me offense currents very dangerous places nothing. And goes to the philippines make a city manila to hear tales from the life of a jeepney driver. Going about it. In a minute. So its all aboard for another adventure of cars and mobility we read. And youre going to. Be journalist and professional athlete. Like a lot of people the corona crisis we have to meet with lets work and less money so as a big pot i wondered what would be a good choice for 1st time home buyer. Ok my name is julia and today im honored to test just 3 cars. The 1st time test things to say i an
Outdo men behind the wheel. In the Research Push ahead and continue for those 5th look and. What obstacles did they face in male dominated motor sports in the end of the day they dont really believe in you and its very hard to get the best material in the team m. M. A. World champ julia dorney pulls no punches as she puts small cars through their paces. Didnt give me offense kerns very dangerous places nothing. And red goes to the philippines make a city manila to hear tales from the life of a jeep the driver think up and about it. Ok lets get him out of iraq. So its all aboard for another adventure in carson mobility with dread. Hi im julia jordan. Journalist and professional athlete. Like a lot of people the corona crisis has left me with lets work and less money so as a potter i wondered what would be a good choice for 1st time car buyer. Ok my name is julia and today im honored to test just 3 cars. The 1st im testing to see and even so in terms of the family evokes one it has the s