Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into the price theres Everything Else is just sexy brand, elon cult personality who of course deserves all the credit in the world he adm
It was also what came out of pmis. Taylor we had great pmis data. Really showing a divergence between the pmis that you were looking at out of europe where that recovery now seems installed. Most of the analysts said the pmi in the u. S. , dont take us one piece of data as the endall beall, but coming in higher than expectations and that existing home sales data, huge, not only talking about the move to the suburbs but the prices and demand, really something that shows the Housing Market not only in a recovery, but booming. Caroline we were hearing about the potential in real estate and diversified assets. Talk to us about those bets you are making. Where are you looking in that area . Christopher private equity is slow right now. There are not a lot of transactions. People cant travel and do their due diligence. The estate, we are on commercial side, not the residential. What is the value of a mall right now . The departments remain strong. The Office Market is uncertain because none
Index climbing sharply higher. In the month of august, the cyclicals are leading the way on the year. It is all about tax. It is all about tech. Interesting to see how the month of august plays out. Right now a sleepy summer day. Taylor it does not look like it will be sleepily for much longer. August goes quickly. It is a volatile month. We are in an election year. Abigail it is interesting because there are lots of reasons to think we could have a volatility spike, including the fact we are in the seasonally higher volatility time, august, september, october. The vix curve speaks to a big spike in october. The panic index is at levels close to where it was prior to the selloff in february and the selloff in 2018. The fundamental backdrop for this is despite the fact we have a better initial jobless claim today, which is excellent, but it is still extraordinarily high. It is not even put the financial crisis you cannot see the numbers around the financial crisis relative to where we a
But as you know, im a big fan of yours. Is a huge fan of your first book on google. An audi come back at this particular moment talk about facebook on the inside story couldnt be more timely. And just going to start off. We have lots of places to go with his been going to start off with something timely. Literally this morning as we came to the show you heard about the hacking of twitter. The fact that truth is now going to facebook to get his message out. And facebook is a lot of criticism for a lot of things for the years. I actually wrote a column recently really questioning why Mark Zuckerberg is not fact checked the president s. Tilt your take on this. What is this relationship between facebook and the white house. Free speech and im just going to throw you a question there to start you off. Thank you for doing this is good to connect with you again in a virtual city. So like a lot of things, you cant just tease out one problem the facebook. From his dna and its origins. In the ca
Legislators from both the u. S. And canada, discussed the challenges they are facing. Cement was caused by George Washington University Institute for data democracy and politics. Welcome to our continuing conversation about the social media platforms in response to this information campaigns around covid19 pandemic. Very serious situation. Obviously where it lives are literally in the balance. On director of the George Washington University School of many of the public affairs. Affiliated with the institute of data democracy and politics which is presenting this event together with the International Committee on disinformation. Ill be your moderator and your timekeeper and i will continue this conversation with her distinguished panelists and guests. And if you are journalist, please feel free to put your question into the q a. And make sure that is addressed to everybody so that we can all see it and i will try to incorporatee at least some of those questions to our panel in a bit. So