Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th according to members of the board a little earlier than expected they conducted the search for paypals new ceo shulman will remain a paypal director until next may. Chriss being hired was a result of the process where the board interviewed nine ceos. They reduced that pool to four candidates and then they chose mr. Chriss members of the Board Selection Committee tell me he impressed them with leading a d
What do we have to reassess. Jenny was talking about how she was wrong with respect to what the rate was and people are as reassessing what it means. Jonathan let us talk about what happened to the house. The tiktok built breezes through the house and then senators line up to say slow down and we take our time in the senate. This could drag on and on. It can. And you look at the hawks like Lindsey Graham, he was on fox and said it was a good question about how he was gonna vote and he said eileen yes that his concern and he is coming in line where the former president is and that is potentially why he feels that way he is concerned if tiktok is not there where did those individuals go and it is the facebook player, the potential google, x, twitter. And the bottom line is and i am astonished to see yesterday the bipartisan support for passing but also the nos. Marjorie Taylor Greene lighting up with alexandria ocasiocortez, it is not every day. Lisa im curious about this push because of
5 chance it was so unlikely. You have children i have children. I have 12yearold boys who look up to both of these gentlemen and think of them as heroes. I dont want this to happen. This is a terrible idea. I think it would be fun to watch. Thats the appeal i get the appeal. Thats part of the problem you will see what will happen at recess after this. My concern is fighting after watching toy story. Lets show u. S. Equity futures at this hour were sitting here on monday morning and in the green nicely. 90 points higher on the dow. Nasdaq looking to open higher 7 points up. S p is up 17 points. Most importantly, more maybe not, we look at treasury yields as the guide to life right now, 4. 1 when you look at the 10year treasury the 2year treasury at 4. 846 you may remember where was the 30year with ackman statement . It was a week ago it was 4. 30 above where we are right now. Ackman last week or ackman in the pandemic last week oh. I dont know it peaked at 4. 30 last week it was in that
So thank you. Today id like to welcome a good friend jill watts. And she is. Shes conducted Much Research here at the library, and shes a Professor Emeritus of history at california state university, san marcos, where she teaches courses on black history and social and political history. United states. Shes written extensively, including hattie mcdaniel, black ambition, white hollywood, mae west, an icon in black and white and god. Harlem, usa, the Father Divine story, which has its own sort of local connections, in a way, jills book, the black homeowner, about which shell be speaking today, is the black cabinet the untold story of africanamericans in politics during the age of roosevelt. And shes recently served on the external Advisory Committee for our special exhibition, black americans civil rights and the roosevelts 1932 to 1962, which i encourage you all to go see jill speak 30 minutes or so and then shell take questions from the audience and. We sure are happy to have you here
Kingdom. And ahead, the future for the Company Formerly known as twitter. We will sit down with x corp ceo coming up in the next hour these are numbers that you want to see if youre bull earlier this week there were a number of articles about how we overbuilt apartments and theyre about to come on if thats the last sicking point, the fed cant dough claire victory i think they should do one more just because you want to be sure that the vampire doesnt rise up but this is going jays way. Its not a soft landing or hard landing, its a glide. And the dichotomy, i think that theyre fanciful and speaking more fiction than fact it will be welcome news to those who are long, for example, fang or what we like to call the magnificent seven. Were down, what, 4 and theres negative news out there for nvidia someone saying they cant deliver all the chips. Youre not allowed to say true or false it is not a great move for fang. I do think the trade desk made me feel much better last night for alphabet.