At 4 00 though sometimes go into extra innings but at least we got some sports, it happens to be in the form of a stock market had sports gamblers descend because they have Nothing Better to do, nothing else to do. Does that explain the action today when the dow gained 131 points and s p claimed nasdaq jumped but be careful, there were late day reversals or just investors pouring money into the same members of the new high list based on a winners win philosophy maybe driven by foreign buyers honestly, at this point it could be all three and the problem with these constituent sees is they make things more dangerous for the rest of us how do i know this i made it up no let me first, i did some first class work by my friend david, the master of research at goldman sachs. In his mustread u. S. Weekly kick start, he talks about how Foreign Investors with largest net buyers of u. S. Stocks in the First Quarter and notes that there is a surge in retail trading. Retail meaning like regular peo
Talking with andrew about what exactly got washed out yesterday. Hard to say a lot when hertz is up 50 premarket. I mean, look, it is kind of a comedy of errors, no insult to the board. Really there is a Bankruptcy Code and maybe hertz management got permission in the old days when you went bankrupt there would be a little bit of a stump of stock so that you could go and sell it and show the irs that you had taken the full loss carl icahn sold a ton of the stock in the 70s, he sold 38 . I think if he had known that there would suddenly be a new stock he would have hit that bid. If i were him id sue. Id sue right now. I would just hire a lawyer and sue because he sold at what the company was advertising as a bankrupt price where the common stock was and he has i think a right to be able to claim 38 of this money and i urge him to do so, to hire a lawyer and get the money because this is just ludicrous. Well see what the court says i think theyve got to get to 4, right, to get to a billi
Chris im chris wallace. More protests across the country, and a National Debate over using activeduty troops to keep the peace. Protesters versus police in city after city as President Trump threatens to deploy the military. We are ending the riots and lawlessness that has spread throughout our country. Chris and a square just steps of the light on my white house becomes a epicenter after Security Forces removed protesters for president ial followup. This hour we will discuss with chad wolf and we will ask former chairman of the joint chiefs of staff, mike mullen, why so many military leaders are speaking out against the commander in chief. Its his First Television interview during the controversy only on fox news sunday. Then, a battle for the streets of washington as tensions arise between the citys mayor and the president. We are joined by mayor Muriel Bowser to talk about her request to remove the federal military presence from the Nations Capital. Bless. Today is probably, if you
Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it is mrna pfizer is working on the mrna technique as well. I
Solidarity to trial was. The safety data is that i viewed by the data safety monitoring board the other arms of the. Well us president on trump said he used that to malarial tried as a precautionary measure for 2 weeks on monday trump and democratic president ial candidate joe biden marked memorial day holiday honoring the nations war dead but the event was overshadowed by the pandemic as u. S. Deaths 100000 reports. President donald trump visited fort mchenry in baltimore the site of a victory by u. S. Forces over british invaders in 1814 the president framed the struggle to control the coronavirus pandemic in military terms. Together we will vanquish the virus and america will rise from this crisis to new and even Greater Heights as our brave warriors have shown us from the nations earliest days in america we are the captains of our own fate in less than 6 months covert 19 has killed more americans than all who died in the vietnam war the war in korea and the conflicts in iraq and af