Market. Stocks,ed to the value financials, small caps. Still with us, george perks of bespoke embedded spoke investment group. The rotation that faded today, today, justifiable optimism that will eventually be outected in the data months . I think the biggest question is whether banks can get their acts together for me trading perspective. They have lagged to the markets so badly. Beta than ther economy overall thanks to higher capital levels, regulatory approaches. So it makes sense it would not necessarily fly right to alltime highs over the past couple of weeks. So fact that there has been little participation of the banks is of concern. Kb, i put together a chart yesterday that showed i think no and than four 20 rallies and fourines since 15 declines since march. A strongern see series of higher highs and lower lows for banks, it is hard to imagine how firm the economys footing can be as opposed to flows and sentiment. The stock market is not the economy. Hesitant, looking at bank
Joining us my name is gavin and the director of programs exhibitions and partnerships for the National Historic society. I would like to extend a special welcome to anyone who might be attending a Virtual Program for the first time. Considering the size of our virtual crowd in the geographic diversity of the people who signed up, im sure there are some people who are in for the first time. If youre not familiar with nhs we are the oldest Historical Society in america. Founded in 1791 and have been an independent Nonprofit Institution dedicated to collecting, preserving, publishing and sharing our nation and States History the past 229 years. In these days of social distancing we are taking to hosting Virtual Events we have Online Events for every week through july. Next week we will be hosting a virtual tour the tour is titled misled and a look at historic a a these include mimic houses suspicious ain a marker that denotes the side of the famous vikings bar if youd like to join the tou
Can died here and we stocks. Famas relationship now extends five decades and led the beginning of difficult men shonal and Institutional Fund manager. They are coming out with a landmark paper and brand new stuff. The two recently sat down at the university of Chicago School of business. Widearranging conversations on a very special masters in business. During your last year at tufts you worked nor a professor who ran a stock market Forecasting Service and you did research for him, what sort of work did you do with this dock Forecasting Research . To beat the market. How did that work out . That worked out fine. [indiscernible]. That was a lesson how did that research into forecasting the stock Market Impact your thinking about whether or not the market could be beat . , i came here to Chicago Research indiscernible] put in context, it started because of computers. Before 1960s, we didnt have a computer to do data analysis. And statisticians had a new toy to play with and stock prices
Markets and how they work based on how we study them here. Look, we think we can go out, trading stocks, and not get killed. Their relationship now extends five decades and led to the beginning of dimensional, a nearly 600 billion Institutional Fund manager. David every new paper coming out was a landmark paper. It was all brandnew stuff. And none of it was being applied. Narrator the two recently sat down at the university of Chicago Booth School of business, named after david a widespreading renovation in 2008 for a wideranging conversation with very on a very special masters in business. Barry during your last year at tufts, you worked for harry ernst, who had a side gig running a stock market forecasting service. And you did research for him. What sort of work did you do with this stock Forecasting Research . Eugene i was evaluating schemes to beat the market. [laughter] barry and how did that work out . Eugene it worked out fine. [laughter] eugene on the data that i fit it to. It
After they graduate. Coming up on afternoon live ben has all the sport. England have confirmed in the last 30 minutes that jason roy has been dropped for the final ashes test against australia starting tomorrow. Ben stokes is not fit to bowl, so in comes chris woakes and sam curran. Remember england must win at the oval to level the series at 2 2, and avoid a first home ashes defeat in 18 years. Reaction from both camps at 2 30pm. Thanks, ben. Darren has all the weather. We have some sunshine developing more widely across the uk, also some tropical air, we will look at what that means later on, also looking out of the rain in spain which is mainly falling in majorca. Thanks, darren. Also coming up what happens if you fall asleep in a self driving car . We sent our technology correspondent, rory cellan jones, to find out. Hello, everyone this is afternoon live, im simon mccoy. Just when you thought the brexit crisis couldnt get even more complicated scotlands highest court has ruled it