New year will be different this year. Just this week then your Governor Andrew Cuomo defended his mandates. This Holiday Season is the problem, this is not a political issue, this is not a normal thanksgiving, keep your children home, close businesses, stay home, stay home, stay home. Gerry i think you got that message loud and clear, many businesses the next few weeks are usually crucial for the ability to thrive or survive, we spend a disproportionate amount of our income on this. Every year, but its coming at a time when the coronavirus maybe hitting the maximum spread and a few months before the widespread availability of vaccinations. Companies especially small firms that have been entered badly damage now face potentially exponential threat, we will take a detailed look on how the pandemic and the lockdown has affected key sectors of the economy and what future there might be when this is all over. Consumer spending accounts for more than two thirds of total Economic Activity in
Year. Just this week then your Governor Andrew Cuomo defended his mandates. This Holiday Season is the problem, this is not a political issue, this is not a normal thanksgiving, keep your children home, close businesses, stay home, stay home, stay home. Gerry i think you got that message loud and clear, many businesses the next few weeks are usually crucial for the ability to thrive or survive, we spend a disproportionate amount of our income on this. Every year, but its coming at a time when the coronavirus maybe hitting the maximum spread and a few months before the widespread availability of vaccinations. Companies especially small firms that have been entered badly damage now face potentially exponential threat, we will take a detailed look on how the pandemic and the lockdown has affected key sectors of the economy and what future there might be when this is all over. Consumer spending accounts for more than two thirds of total Economic Activity in the u. S. And its been hit hard
And donovan and reached from that was published early last month in june we will have an extended conversation up to 35 minutes and also a few slides here and there as needed with supplemental images and once were done with that wrap up with audience q a we will read some buyers and get the reading under the way. Miles the author of the national and International Bestseller the land of lost maps with the Chicago Tribune best book of the year. In this interlocutor is the true story of a New York Times notable book for nonfiction in the literary science award and the second book published early last month. But these men graduated from the university of michigan a few blocks away from the bookstore. Otherwise i would appreciate it if you wouldnt mind putting your reactions together for our reading. Thank you. Good to see you. So this is why your book is longer than mine and also teaching nonfiction here in chicago so its nice to see you here and i want to be clear to everyone and i will g
All that and so much on making money. Charles obviously it was a tough week last week for the stock market but by the time the dust settled the year had become even more screwed as it was. Only 193 stocks in the s p were higher for the year. There were actually more losers on the nasdaq than there were more winners. I have no problem with the hit megagrowth stocks hit. Theyre still under pressure. I expect the trillion dollar stocks to be okay in the long run. But for the rest of the market, there were signs late friday that foreshadowed todays rebound. S p 500 held at a key support level. There was huge buying volume into the close on friday. The 10year yield marching higher. All the issues bothering the market are still unresolved and major indices must close higher to reverse the downtrend. In fact i think the s p 500 has to get above 3400 before you see buying go big time . Where does the market go from here, more importantly where should you be positioned . I want to ask Money Map
Good evening everyoneand thank you so much for joining us. My name is bennett and im a bookseller and Event Coordinator and im going to be your host tonight for literati featuring miles and donovon hohn. I wanted to extend a thank you to everyone for your support of our Virtual Events programming. We feel incredibly lucky that we are able to continue to offer Virtual Events during these difficult times and we wouldnt be able to do that and gather and hear about king of confidence if it wasnt for you all showing up and stopping by so thank you for doing that. Id like to quickly go over our zoom policies. We do ask you keep your video feed disabled throughout the duration of the event and if you enable it we will disable it for you and if you and he let a second time we will have toreview remove you from the event. We appreciate your cooperation. I wanted to go over our format, were going to have a reading by miles and donovan to start us off and after miles reads from the king of confid