Stimulus and higher bonld yields as well which reversed and went the other way. Dows down almost 300 points is this art of the deal or do traders really need to pare back their bets over stimulus lets get right to maike santol for the market reaction. What stands out to you right now . First of all, its an incredibly clean test of where the market was and what it was trying to bake in over the course of this rally which as will fred said was whats really fascinating too is the news came as the s p 500 was just hitting these levels that everyone has been saying oh were going to give room to this rally to get to 3425 and then well see what happens we were just above that in the afternoon and then we had this little reflex. I would caution everybody to keep in mind that we dropped to where we were trading yesterday morning right after the close. So there has been a little bit of a head of steam and builtup gains in this market this doesnt necessarily completely alter the premise of what w
Know the state of your health that day . Parentsng boy, my brought me to the smithsonian because i lived in baltimore and it was free. And i came to love the smithsonian. So i had a chance about a dozen at theto become smithsonian, i jumped at the opportunity. A recognized from the start that he was a gifted director. He started with nothing to build a museum and made it into one of the most popular in the entire country. We could not be prouder of the work that he has done to help make this day possible. And then a vacancy came along to be the secretary of the smithsonian. We look at many candidates around the country, it was clear that he was the best person to be secretary. He knew the smithsonian, he was committed to the smithsonian, so it was an easy choice. We are at the housing museum which is part of the smithsonian, and lonnie is the 14th secretary. You were the first africanamerican to be selected and the first historian, is that right . Thats right, im very proud to be with
Evolved in this event we want to acknowledge the original keepers of the lands that we are on as we stand in solidarity with their ongoing struggles. Before introduce our guest thank you to the organizer haymarket books now its important we support independent publishers and bookstores. You can do this in three ways by buying books from publishers directly and haymarket books and joining the book club and third, if you are in a position to make a donation no matter how small there is a card how to do this. We appreciate any donations. This video will be recorded and shared on the youtube channel. Please subscribe and make the video and do share it. I went to let you know about upcoming events. The end of zionism july 14. Incarceration from us to palestine. So i 21st. You can look at thes events that haymarket books. We are moderating the chat we cannot guarantee everybody observes Community Guidelines anybody who does violate those will have comments deleted as quickly as we are able.
Considers a plan to order a for tiktok. Nership microsoft is in talks to buy tiktoks u. S. Operations. Of covid19 rising, but at a slower pace. Florida reporting record deaths. As of today, the 600 unemployment checks millions have been getting will expire. Next week, 200. To break down how investors are digesting this, abigail doolittle. We have to talk about this tech rally. Buteveryone, it seems, google. Abigail yes, a big rally for apple, amazon, facebook. Google the odd stock out. You and i were talking about quarters forblowup most companies. Apple, in particular, the stock had been up 5 , then in the afternoon around that news came reversed, and that is when apple took off, as though there was an invisible hand behind apple surging. It is hard to believe institutional money is buying the stock at a fiveyear high. They havent provided in outlook, but nonetheless, great results, each beating estimates. Apple and amazon beating, meeting or beating the adjusted earnings estimate pri
Its great to be with. I noticed from doing podcasts we are going to read a few sentences i will probably gather from your book and the first question, you write in the book, innovation is most important on the modern world but the least understood. Its the reason most people say prosperity and wisdom prepare for their ancestors. The main ingredient in freedom to exchange, experiment and fail liberals have argued that freedom mean needs prosperity bi would argue theyve never found the chain by which one causes the other. Innovation is the driving change, the missing link. If a child of freedom and parent of prosperity. The theres a growing belief since the Apollo Space Program and the innovation from this part of central planners in the industrial policy. People exchanging the ideas freely yes we are experiencing innovation also a care in the western world there are areas we havent been able to get enough innovation and the pandemic has reminded us of that. We havent been able to as muc