Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead of the Developers Conference plus, david kenny holds not only the companys ceo title but also the chief diversity officer. Hell discuss neilsens recognition of juneteenth and how they can push for more diversity in the workforce and can figure out a way to measure it as well lets get straight to the market another volatile session to close out the week on wall street one that is headed for another upweek mike santoli is tracking the down action weve seen this afternoon. Yeah. A little fatigue th
Down jim, it was nice to hear becky give you props for the caution you have telegraphed in the past couple days. Watching your twitter feed it sounds like you are on alert for vying option at month end. You have could be cognizant of the fact that two days before july 4th the holiday are the two probably most strongest days in the entire year. I do think theres still too much froth you can watch nvidia today, there is a love affair with nvidia and the analysts which includes me. That one has to go up. The love for nvidia is so strong that you have to say, okay, that is your thats your bell cow here but i do think, again, that and, david, youve seen t there is that cohort of people who keep coming back to the airlines, keep coming back to the cruises, keep coming back to the tankers and those are the weakest part of the economy. It is, and for a reason you know the reason. I mean, look at the map, right thats really what you have to do at this point look at the map, jim weve been talkin
Very good at talking to strangers. I was struck by how many of the kind of contemporary highprofile controversies that we find ourselves in come down to the same problem, that two people who didnt know each other very well attempt to communicate and fail or attempt to understand each other and fail. Bernie madoff, people had conversations with Bernie Madoff and never understood who he was. The Jerry Sandusky case at penn state. Brock turner Sexual Assault case at stanford a few years back, these are failed communications. And the one that really, the book starts and ends with, the signature case im concerned with is the sandra bland case, which is one of those high profile encounters between African Americans and Law Enforcement that was, excuse me, so much in the news a few years ago, which was a conversation between a young black man, black woman and a Police Officer who pulls her over, and the conversation goes off the rails. And i wondered why is it, why is it that were, that we fa
1. 1 but underneath, it was insane after a big dip at the opening, the market came roaring back into the black. This was a day when both the recession stocks and the recovery stocks worked long term thats just knot sustainable. Sooner or later, someone, one of these two groups has to be wrong but short term as were taught, anything goes. Let me break this one down for you. This market has two big themes, completely contradictory and a third team thats down right apocalypse first, the american awakens train. The people who buy into this thesis, well, they believe the government made a terrible mistake locking down the economy. Im part of that group we wont make that mistake again. Now that the country is reopening, they expect people to go out and spend and return to work as they see it for all intensive purposes, the pandemic is behind us the worst is over. We have a better understanding how to treat covid and in the fall it wont be on the radar screen despite records in florida and te
Highprofile controversies that we find ourselves in come down to the same problem, that two people who didnt know each other very well attempt to communicate and fail or attempt to understand each other and fail. Bernie madoff, people had conversations with Bernie Madoff and never understood who he was. The Jerry Sandusky case at penn state. Brock turner Sexual Assault case at stanford a few years back, these are failed communications. And the one that really, the book starts and ends with, the signature case im concerned with is the sandra bland case, which is one of those high profile encounters between African Americans and Law Enforcement that was, excuse me, so much in the news a few years ago, which was a conversation between a young black man, black woman and a Police Officer who pulls her over, and the conversation goes off the rails. And i wondered why is it, why is it that were, that we fail in these conversations with strangers . Thats where the book comes from. Susan each o