Weeks in office and the very week, frail, Cognitively Struggling president , he still is lost and confused. Meanwhile he is green new agend is wreaking havoc on what couldve been a robust recovery. Today the jobs report was in good. Our Economic Growth anemic. Labor Participation Rate has gone down. Only 6,000 private sector jobs were created. Fake news cnn had to admit that it is a grim sign for a recover and to make matters worse, wev got thousands of high paying, Career Union Jobs instantly banished just in the last two weeks after biden canceled the Keystone Excel pipe down with the stroke of a pen. And thousands more of those job also lost with when he stepped Border Wall Construction. Guess what, Hundreds Of Thousands of highpaying career jobs will also be gone as joe follows through on his promise and his plan to cancel all oil and Gas Pipelines during an explanation in and more, alaska something that donald trump opened up. At the white house today joe biden openly wondered whe
Have been on fire and what exactly are the pricing in . Hopes of a vaccine, hopes of stimulus . How can that fed wire without some sort of his fiscal lifeline . The day was so bad it looked good because as many events started to set in that we see Congress Actually pushed through some sort of deal, so many angles to digest today, but what is clear is this rotation trade is on the front and center. Joe absolutely, everything is flying but was what has really been flying are these deep cyclical commodity linked equities that have been dormant for most of the year and they continue to have really strong weeks. Stocks, youenergy look at the end of november basically right ever since we got the vaccine news they have been shooting straight up and have had another strong week. If you look over all still down 31 on the year. Thatne a lot of those have been left for dead a few months ago are rallying hard on this day. Diamondback finished a day up about 13 , apache, you get the picture. There
John malone with the legendary media icon has to say about the covid19 virus, direct to consum consumer, streaming, so many other topics we hit in our hour long shutdown. The ceo of goodrx, we had him last week, since then, amazon came into the business what does it mean for his business carl, well ask that question amongst others. Yeah, thats good stuff for this hour, guys. Jim, we talked for last week and a half about the fact that a path to the vaccine would face some setbacks and clearly new york city schools, new state of emergency in wisconsin, speak to that i think that one of the things that we needed was a bridge, which would be stimulus, to the vaccine we dont have the stimulus were getting terrible numbers, we have half the country that thinks the numbers are okay, given the fact that the death rate hasnt skyrocketed. We have the other half, were saying, look, if we dont do something about it, then the Healthcare System is going to be overwhelmed. In that scenario, it is ver
Pfizers chairman admits that theyre not sure if someone can transmit the virus after vaccination. And call it a box office reset, warner bros. Will release films simultaneously in theaters and streaming platform hbo max it is a seismic change, carl, in the economics for those related to the film business and well certainly be willing to and happy to take a closer look and discuss it. Yeah. Fascinating change in the economics there. But, guys, jobs numbers, the story of the morning, jim, not just the number itself and the trend it outline, but the degree to which it is going to color the debate on capitol hill today and maybe next week. I think it is enough ammo to say, look, we have to do something, there is some areas of the economy that just are cannot be sustained. Dont forget, these numbers are ahead of what will be a gigantic eviction notice that more than maybe more than 13 Million People get in january. I think this number is just enough to be able to say, lets compromise it is
Another 2900000 for the 2nd follow up injection this is a 2 injection procedure of course the. State where the sites have been established this is something thats been drawn up over a period of months south korea has reported a 2nd day of record high corona virus infections more than 1000 new cases were reported on saturday many of them are being reported in seoul the government is warranted may have to increase restrictions to the highest level. Police in north nigeria have launched a rescue mission after gunmen stormed a secondary school who kidnapped a number of children but 800 students attend the school and cant seem to state many fled during the attack police say 200 have since returned. Home and abroad have voted in a nonbinding poll organized by the Opposition Leader on quite a bit asked people whether they want to end the president Nicolas Maduro is rule and hold new elections results are expected in the coming years. The United States government has adopted a new map of moroc