The market took no prisoners all 11 s p sectors closing in the red. Todays big reversal coming si months to the day from the march bottom is this Market Recovery starting to stall is this a giant warning shot of more pain to come . Tim, what do you say well, weve been stalling since september 4th. We had such extreme, i think, euphoria in stock prices at that point and we continue to kind of suffer the consequences of where weve come from. Todays news was a combination of i get the sense this is more fear of covid uptick you see what happened across europe you see also kevin flynn, our producer, wanted me to talk about pmis because he loves them so much. Here we go those pmis show that some Services Across Europe have ground to a halt the nasdaq, which yesterday hat this heroic run, amazon which moved almost 8 in less than two sessions, a lot of that has been given back the triple qs are down 13 in 13 days i still think 240 to around 245 the nasdaq triple qtf is a leve that keeps this
Moderate. So if you think of something youd like to ask either or both of them, please submit the question in questions box. Tell us your name and where youre tuning in from. Well answer as many questions as we can in the time we have. But before we get to the discussion between Mike Gonzalez and Michael Knowles i want to introduce a special guest to kick off the program. That special excess Heritage Foundation president , mrs. Kale coles james. Ms. James, the floor is yours. Well, good morning. I am so excited to welcome you to the Heritage Foundation and to our virtual book launch of the plot to change america. I want to thank you all but especially i want to think Michael Knowles for join us today. We are so honored to have you with us. We are so proud of Mike Gonzalez and the time and the research hat the has put into this tremendous book. Mike isnt afraid to point out what is happening to our beloved country, and he is not afraid to call out those who buy into the destructiveness
Get on top of resurgent outbreaks. In the prisons they were tortured. Terrorist and trade and a shocking presentation by color as his main Opposition Leader fails to get e. U. Foreign ministers to agree on sanctions. The u. S. Has set the stage for a showdown at the u. N. General assembly this week slapping additional sanctions on iran that followed the trumpet ministrations disputed weekend declaration that all u. S. And penalties eased under the 2015 nuclear deal had been restored nearly all u. N. Members including u. S. Allies in europe reject this new sanctions mainly target those involved in irans defense sectors. Just imagine what iran would do therefore able to freely purchase more advanced weapons we have no intention of letting that happen the president s executive order announced today gives us a new and powerful tool to enforce the u. N. Arms embargo and hold those who seek to evade u. N. Sanctions accountable today i will take the 1st action under this new executive order b
Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the chinese owning 36 is the Sticking Point david, what level do you think the president would allow this deal or
Then still take talking and we chat stunnel from fancy me to a popular chinese absolutely security concerns does this while the americans own their freedoms and what it leads to an east west of values over the internet this is inside story. Hello there and welcome to the program on how he had seen starting this sunday americans will not speak able to download 2 of the most popular social media apps in the world the u. S. Department of commerce said it would bar people from getting chinese apps takes hold and way chats few any app stores on any platform President Donald Trump insists the apps Parent Companies cigarettes and National Security and could pass user data to china where well have a panel of experts to discuss this in just a moment but 1st this reports from our White House Correspondent Kimberly Hall kids. A stirring rebuke from the u. S. President were not going to do anything to jeopardize security. The white house alleges the popular chinese based apps to talk and we chat a