Altered forever. That an old order is dying in a new one is being born. That moment comes sooner for some, and for others it comes later. For some, the moment arrives when a deed of a new dimension sets are apart. For others, when familiar words are spoken more sharply. Later, but still suddenly it seems, men are saying things in doing things that have never said or done before. Then we know we are experiencing a revolution. But we cannot say, although historians will try when it began. We know that autumn does not begin with the turning up the leaves, but earlier on some forgotten after news when a shadow passes over the field and its no longer summer. So this American Revolution of 63 began this year in birmingham or on 1955 in montgomery . Or did it began in 1954 with the Supreme Court decision, or an 1863 with the president ial proclamation. Some of its worst reach back to 1776 to an independent revolution, even back to the 50 to win the apostle paul said god has made of one of us
Or the rest of the world. With Earnings Seasons coming up and a few key Economic Data points later this month, how confident are you in the economic recovery . Great setink we had a of economic figures really since midmay through june when the reopening story was gaining the most momentum. Reports,o great jobs pmi, sales, housing data, all to the upside. Economic price indices we follow are in the u. S. Now at alltime highs. That being said, i think we may have a time of slowing in perhaps in the weeks ahead as Economic Data plays catchup with what we are seeing in the country with a slower reopening broadly. So the job state of this past month captured the time from midmay to midjune. The next jobs report will capture midjune to mid july, when we started seeing thoses likes and those spikes and a pause in the reopening. As you mentioned, we also had earnings starting in earnest next week july 15. From an earnings perspective for two to we are seeing downward for q2, we are seeing a do
A National Record of 59000 cases in just one day one day across the United States one of the worst hit areas by far is the state of florida it is contributing 9000 cases a day. Or put a different way 15 percent of all cases nationally in fact just this morning that jumped to 11000 a day which would make it 19 percent if my math is correct of all the cases nationally 19 percent of all the cases are coming from florida consider this florida is just one of 50 states in the United States so thats a pretty big share there has been a suggestion that large numbers by themselves they dont really matter the president for example he said the numbers are only going up because more people are being tested floridas governor he also minimise the reason for alarm stressing that those that are being infected right now are just young people and young people tend to not need hospital care. Half the cases are in their early thirties or below and in then of the ones that are over that theres a huge bulk o
The fed laid out plans to buy up individual Corporate Bonds this as the emergence of new coronavirus hot spots around the country add to fears of a second wave so why, guy adami, are markets seemingly so immune to these concerns is that actually a good sign for this rally no, its not. But before i have to i would be remiss, melissa, if i didnt wish the b. K. , the bitcoin baller a happy belated birthday. His birthday was yesterday do you know whose birthday is tomorrow i wont keep you in suspense adam smith would have been 297 years old tomorrow why do i mention him i had to read that book the wealth of nations in college. You probably read it as well he was the father of free market capitalism well, what you saw today was the exact antithesis of that and im going to get added by everybody. To think this market is at all free market is a fools folly. The fact that we rallied into this announcement by the fed, which we all saw coming or they announced it prior shouldnt really surprise a
Twitter shut down 32,000 accounts tied to china, russia and turkey for manipulating the platform. This after joe biden called out facebook for failing to curb misinformation and not taking a stand on political speech, oed i many who watch the by many who watch the social network. The company spends a lot of time outlining Community Standards they are supposed to enforce against all users, and when one particular user comes along who happens to send his posts from 1600 pennsylvania avenue, theres a different standard. In a lot of ways, facebook is too big to fix right now. Facebook has 2. 5 billion users around the world constantly posting in more than 100 languages. That is a system too big to govern. You have one young white man who has one experience in this life who has the control of billions of people, what they see and view. It is wrong. I dont know if he is drunk with power or simply just in a bubble. Us is someone else who has an opinion, roger an author. Ive got to get your te