Means for the Energy Sector and your portfolio. And sony and microsoft are set to reelite next generation video game console ahead of the holidays, is and most repreorders have already preorders have already sold out. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, i thought the debate might be the big story of the week until we all woke up friday morning to find out thats president and first lady have covid19, but the market largely shrugged it off. Whats going on . They say that the market hates uncertainty, but investors have been planning for a lot of it. If you look at the vix, the markets fear gauge, theyre expecting a heightened level of volatility all the way through january. So Something Like this comes along, and it shocks the market, but it doesnt shock it, i think, as much as people would have normally if it had just come out of nowhere. And theres also stimulus talk going on, and actually i wouldnt say in the background. That was taking
This week. Many center thickens are rejecting the white house proposal for a deal. There is regime change in the air. Economic policy that is edging out central bankers potentially. The focus on fiscal policy has been front and center in the fight against covid. This aid is important as Companies Like American Airlines , allstate, disney cut jobs. The shift in Economic Policy likely to be felt across developed and emergingmarket countries. This is going to have a worldwide report effect. Countries are getting more and ofe willing around the idea balanced budgets. Really two things going on at once. One is the explosion of deficit spending with respect to covid. ,retty much everywhere you look the last crisis as a share of gdp. The second aspect really is the idea of like a philosophical change. Even after the crisis, perhaps there needs to be less focus on Monetary Policy and more on the fiscal. Romaine it will be interesting to see if that handoff occurs here. You think about economic
Means for the Energy Sector and your portfolio. And sony and microsoft are set to reelite next generation video game console ahead of the holidays, is and most repreorders have already preorders have already sold out. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, i thought the debate might be the big story of the week until we all woke up friday morning to find out thats president and first lady have covid19, but the market largely shrugged it off. Whats going on . They say that the market hates uncertainty, but investors have been planning for a lot of it. If you look at the vix, the markets fear gauge, theyre expecting a heightened level of volatility all the way through january. So Something Like this comes along, and it shocks the market, but it doesnt shock it, i think, as much as people would have normally if it had just come out of nowhere. And theres also stimulus talk going on, and actually i wouldnt say in the background. That was taking
Here, nice and clear no fog out there and guess what good air quality on top of it too so do venture out there and enjoy what will be some pleasant weather yet again for this wednesday. Temperatures are a little cooler this morning for many of us oakland dublin, livermore up into the north bay all down into the 50s specially know where the the north bay. I am talking what to expect later today and a much hotter and drier weekend just around the corner and the rest of your forecast. Robin all right. Thank you john for checking in on the bridges because they are quite busy. We have lots of crowding on the san mateo bridge. Westbound 92 is packed right now rolling out a hayward you see all the taillights going west here are urging about 13 minutes so just a small stretch of slow traffic on the flat section. We also have a long line at the bay bridge toll plaza its packed in cash lanes of fast track lanes spilling all the way back to west grand so 11 minutes and growing. Weve got several m
From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickly, particularly retailers, in order to be able to take advantage of this this amazing wave, this amazing boom of ecommerce to the home because of the pandemic so how can there be such a structural thematically strong story behind ecommerce and packages and growth and the targets that fdx has pulled forward by years and all the good news today on vaccines and therapeutics well, i think whats really convincing here with fedex is that theyre talking about how theres actually a weak economy in the S