Will it work . One of the main incumbents, good rx, shares their answer to the new competition. The bitcoin rally continues, but for how long . Brad darling house will have his take later this hour. Tech share is leading the market higher as more covid restrictions, staying at home for the foreseeable future. Scientists are racing to make advances on the vaccine front, but there is a long winter ahead. Joining us now is abigail doolittle, taking a look at the Market Movers of the day. A lot of conflicting strands. How does it add up . Yesterday, we had the bearish , the risk off news about Public Schools closing. The Biggest School systems in the u. S. Closing on the virus. We have hospitalizations at a record high in the u. S. Stocks yesterday sold off. Today, they rallied. They started in the red, and were flat on the day most of the day. At the end of the day, the nasdaq 100 climbing by about three quarters of 1 . Once again, we have the disconnect between stocks and a reality that
Welcome, everybody. I think we have some republicans that have a leadership election, but theyll be coming in. Can you see me . Can you hear me . Is it working . Well, the election is over. Theyre still counting the votes and making legal challenges and once all of the legal challenges are made and the votes are counted, well have that done. We still have two outstanding races in georgia to determine the control of the senate. And the committee will keep moving forward doing its work. We have next week social media oversight. I cant wait to have the social media ceos come to the committee and explain themselves about their platforms. I think theres a lot of bipartisan support to take a hard look at social media platforms. The earned act is still a business pending before the committee and after the hearing well have markup. But today, we have mr. Mccabe, the number two at the fbi during crossfire hurricane. I think hes going to appear remotely. I appreciate him coming. And what ill do
Theirx joins us to share answer to the new competition. And, the bitcoin rarely continues but for how long . But first, tech shares leading the market higher as more covid Restrictions Mean more staying at home for the foreseeable future. Scientists are making to make advances on the vaccine front but there is still a long winter ahead. Joining us now, Abigail Doolittle taking a look at the Market Movers of the day. Lots of conflicting strands here. How did at up did add up . We had the bearish news yesterday about Public Schools in new york city closing server restrictions on the biggest schools in the u. S. Stocks yesterday sold off. Today . Not so much. They were basically flat on the day. At the end of the day, the nasdaq 100 climbing by three quarters of 1 . We once again have that disconnect between stocks and the reality that would seem to be concerning about the narrative seems to be stocks are looking forward six or nine months on the vaccine starts to get into the system a bi
Joining us this hour. Heres an interesting thing. Sort of a personal thing, but also a news thing. Right before President Trump was impeached the first time, i published a book called blow out and the weird surprising to me thing about blow out is that tended up being oddly well timed. I had no idea it was going to be well timed when i set out to write it, but thats how it landed. It was a book about the Oil And Gas Industry and the political power and geopolitical power of that industry. And a big chunk of that book was about all of the craziness and Corruption In Ukraine. And of course, then, right at the time the book came out, all the craziness and Corruption In Ukraine ended up being the setting, like the Playing Field for what President Trump got impeached for the first time he got impeached. I did not intend it to land that way. It was fortuitous and i hope helpful to people trying to figure out that landscape while we were looking at that first impeachment. Now, of course, mr.
Well timed. That is how it landed. A book about the Oil And Gas Industry and a big chunk of the book was about the craziness and the corruption in the ukraine. Then it was the playing field. I didnt intend it to land it that way. Well, now of course mr. Trump is being impeached for a second time. And it is kind of uncanny, a lot of the things that i wrote about in the book that came out in the first trump impeachment. The whole reason that i wrote the book is because we were consistently underestimating the sway of this one industry. How much sway it has over politicals and governments here and around the world. I thought there was a need for a explainer and how the industry could explain. If something is happening that does not make sense on the surface it helps to look at the industry and see if they are maybe The Hidden Hand, when politics fail or governments are bad. This is a place to look. One thing to say here is the hidden power that is making it possible or impossible and call