Political and cultural conversation, what jack dorsey told barrons. My colleagues, ben levisohn, carlton english and jack howe. So, ben, according to lpl, the market had its best 50day streak in all of history, and that was before fridays 800point jump. Is this all about jobs . Whats going on . Yeah, i mean, the market certainly sniffed out something, Something Big happening, and it really, i think, was shown in this jobs report. 2. 5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. I mean, its just an enormous dishes, and this is difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack so as investors, with we a always want to think about risks, right . There could be a second wave of pandemic, we still have three times as many people collecting
Conversation, what jack dorsey told barrons. My colleagues, ben levisohn, carlton english and jack howe. So, ben, according to lpl, the market had its best 50day streak in all of history, and that was before fridays 800point jump. Is this all about jobs . Whats going on . Yeah, i mean, the market certainly sniffed out something, Something Big happening, and it really, i think, was shown in this jobs report. 2. 5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. I mean, its just an enormous dishes, and this is difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack so as investors, with we a always want to think about risks, right . There could be a second wave of pandemic, we still have three times as many people collecting Unemployment Insurance
New week, jim, with the focus once again on a resurgence of cases in certain parts of the country for the virus. Concerns about china, as well. And then the overall as we, of course, know, expectations regarding the economy and what the impact may or may not be as a result of what i just mentioned. Well, i think that its always surprising to me as someone who i think lived through it like you do that people in some of these states did realize the level of contagion. I mean, this is one when youre in the room with someone who has it, youre going to get it if you touch someone who has it, youre going to get it i dont know, did people feel they were immune i think there was a sense that maybe new york was isolated. I dont think this will be like new york because i think they learned how to treat people. So, i think the big scare of the hospitals being overloaded will only be perhaps some i mean, we had a war zone here in new york. I dont think that will happen there. The chinese situation
Ali. The session high was 3088, we lost a fair amount of ground from the first high this morning, the 200 day moving around is 3013 that got violated briefly and we will see if this hospitals. Yeah, and the stocks, we will see if it holds. Bob, good morning, good to see you. Thank you, happy friday happy friday, now you said that to you, yesterdays decline was no surprise. What about todays pop which is quickly fading now what does that tell you about what investor strategy should be i think when you i did klein the amount that we did yesterday, and have some sort of bans, that is not out of the ordinary at all. Im a little surprised it is not Holding Better we were very over bought as i heard in the last interview and i agree we had speculation cream in it felt like because the market was a v bottom that the market was off and running and it is off of the bottom but it will not be a straight line, it will be bumpy im more concerned about the election than the last interview. China, yo
Conversation, what jack dorsey told barrons. My colleagues, ben levisohn, carlton english and jack howe. So, ben, according to lpl, the market had its best 50day streak in all of history, and that was before fridays 800point jump. Is this all about jobs . Whats going on . Yeah, i mean, the market certainly sniffed out something, Something Big happening, and it really, i think, was shown in this jobs report. 2. 5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. I mean, its just an enormous dishes, and this is difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack so as investors, with we a always want to think about risks, right . There could be a second wave of pandemic, we still have three times as many people collecting Unemployment Insurance