Period, the nasdaq has more than doubled, up 115 in that time, carl, and it really tells you how important technology, and particularly those large caps, have become to this market and just how much they have surged this year as we see a Digital Transformation amid the pandemic. Thats a great point. And jon, were going to continue to look for names that are going to perform well, no matter what kind of reopening or reclosing environment were in amazon, one of the top leaders, but so is zoom on teleconferencing and in tuit on payments and those are the markets well be paying attention to. Tech investors have a lot to be thankful for this year in a tough year overall for the world. Lets talk more about the need em Portfolio Manager and chief investment strategist. Guys, good morning brian, where are we now with kind of rationalizing and strategizing around the tech trade, given how far so many of these trends have run . I think some of these trends existed before the pandemic and have be
Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets take a look at where we are sitting when it comes to thi
The s p closed at a new all time high the dow is within 100 points of its own record airlines were up, cruise lines were up. Is the consumer back in business despite the long list of headwinds that are still out there . Brian kelly, kick it off if you look at this kshape recovery, i think part of the consumer is back in business and i think part of the consumer is stocking up again. So the real question is, as we go into the winter and cases surge, how does the consumer behave is this the last push to the time when the consumer locks down or are people going to go about their lives as usual i dont know the answer. As far as the market, it doesnt seem there is a lot of riskreward because you dont know what will be the dominant factor over the next six weeks to two months. We just heard from President Trump in the rose garden to say he expects a vaccine as well as treatment to be given approval for emergency use by the end of the year if you are in a state where infections are rising, yo
Jennet conant who was the granddaughter of administrative tractor the Manhattan Project and one of our nations leading scientists of the 20th century century pages the author of New York Times bestseller the regulars and tuxedo park a wall street tycoon and the secret palace of science that changed the course of world war ii. She will be speaking tonight about her new book the great secret the classified world war ii disaster that launched the war on cancer. Thank you for joining us jennet. Said thank you. I also want to thank you for inviting me to be with you tonight. Alas its virtually but im going to do my best. My first doom presentation so they are with me everyone. Ive had a lot of coffee and im thinking right now should have had a lot of wine but anyway here we go. Im going to start us off with a quote from winston churchill. He had a way with words. He once observed manic case only stumble across the truth but most of them pick themselves up and hurry off as if nothing happene
Violence and better roads has intensified for he is deployed astray against elderly demonstrators during a march of several 1000 retirees in the capital minsk e. U. Foreign ministers have agreed to more sanctions on the regime in response to its escalating fact town on protesters the measures will charge of the countrys president for the 1st time. Researchers who spent more than a year studying Climate Change in the oxic have returned to base with alarming findings after 389. 00 days drifting through the optics and Scientists Say the ocean is warming and one of ice free summers there in just decades. This is do you have any news from berlin follow us on twitter and on instagram at state of the news or visit our website the you dot com. Offer. Her name is amy coney bear in just 3 weeks she could be the new judge on the u. S. Supreme court she could determine the future of Affordable Health care and if the president ial election result is contested she could very well decide who the u. S