People are dying from violent land invasions, their lands taken away for cattle ranching, cattle which then turns into beef, which comes into United States. Yes, people are being killed. Judy all that and more on tonights pbs newshour. Announcer major funding for the pbs newshour has been provided by pediatric surgeon. Volunteer. Topiary artist. A raymondjames financial aisor trailers advice to help you live your life. Life well planned. For 25 years, Consumer Cellular school has been to provide Wireless Service that helps people communicate and connect. We offer a variety of no contract plans and our u. S. Based Customer Service team can helps find one that services you. To learn more, visit consumercellular. Tv. Announcer johnson johnson. Bnsf for away railway. The john s and james all night foundation, fostering informed, engaged communities. More at kf. Org. Announcer and with the ongoing support of these individuals and institutions. This program was made possible by the corporati
Virus. We are also getting headlines out of europe which are undermining confidence as well. The stoxx 600 is down by 0. 7 . The s p now down by 0. 4 . Eurodollar actually picking back up again. The 1. 16 level held, and what i am hearing is the real money accounts are back in the market. 1. 17,back now above 1. 1729 where we are right now. We have the ecb watchers event tomorrow, Christine Lagarde speaking in the morning, and then at 10 00 him him 10 00 a. M. Eastern, we will have speaking. E , the chief economist speaking, the chief economist. Alix the s p now down by 0. 4 . New york citys daily positive rate daily Positivity Rate is now over 3 for the first time in a month. Now offeringo is new enforcement for schools, saying if any of them do not over the rules, they will be closed. Governor cuomo will be speaking at 00 speaking at mike huckabee, speaking at 1 00 p. M. There are some granados stones globally. The deaths passing one the deathsly passing one million globally. Joining
And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 13 trillion it has been strong for bitcoin and it sure has been good for the Public Markets particularly the tech stocks that have benefitted from that and i think people many p
Screen is driven by not the feds comments, a little boring with the zoom box or retail sales that we got or housing numbers. But what is happening at the mornings Research Meetings all over the country today where the down gained 37 points and the s p dipped and the nasdaq lost 1. 25 . More on that later today seemed like it was dominated by the fed in the amazing snow flake ipo and as someone that helped bring the microsoft ipo to goldman sachs, i know a big deal when i see one. More on the demons the deal unleashed. We had a nice rally going today and thats about what is going on behind the scenes every morning they have a meeting where they pitch the sales force on individual stocks and entire industries as buys or holds or very rarely sells after the pandemic got rolling, almost every piece of research that came out cut numbers. For individual companies and suggested the situation would get worse. The conclusion ive never seen so many sell eric men dae eric men dae er recommendatio
There are some brands that has created executions that have been nice the. Kentucky Fried Chicken and it. Is probably not one thats nice to play. In the United States Digital Advertising spending has dropped by a 3rd traditional media. But. Its right now ill try to about messaging just to let people know whether or not they still functioning still operate saying. They can still Work Together and they sort of adapted to the current situation. You are even now you. First. Television. Today hand sanitizers are the range. Of life for the coronavirus seen through the rose colored glasses. A metre and a half or 6 feet if youre from the us im sick of hearing it i need a hug you know going to get that work after wait til you get home if youve got someone at home to give you a hug that is all someone whos prepared to give you a hug or even a reassuring pat on the back in the meantime the business of distance has invaded every aspect of our personal and professional lives but at what cost the co