Return especially in texas is a factor. Now look at this. Five stocks at or near record levels. Apple, microsoft, google, facebook. What you are looking at is premarket prices. I see apple and amazon up again. Not much of a selloff in the other three. Facebo facebook, google and microsoft, after yesterdays stellar performance. Put together, these five make up 22 of the s p 500. Now, that is dominance. The news from the street this morning. It is not good. In atlanta, armed men took over a small area and refused to let the police in. In wisconsin, a state senator beaten when he took a photo of demonstrators. In our Nations Capital, the flag burned by a cheering mob. Varney company is about to begin. Stuart a political bombshell is unfolding. Longtime democrat congressman of new york, elliot engel, is fighting for his political life. The 16term incumbent is trailing by double digits against a progressive. He received the full support of congresswoman alexandria ocasiocortez. Engel was su
Of todays lecture, to encourage you to pretend as if you are in church and to move in, scoot in , if you would, to give folks who are, not necessarily late arriving, but people who are fashionably on time room to sit. I should say that this answers an ageold question for me. Which is, if there is anything that can depress the turnout for a lecture sponsored or cosponsored by the center of president ial history, i think we have the answer. Which is no. It was raining cats and dogs a few minutes ago. And i wondered, will there be people there . And sure enough, here you are. I tip my cap to all of you, you are in for a treat this evening. Thanks again for coming. My name is andy graybill. I am the director of the Clement Center for southwest studies. I would like to thank the many people who helped make this evening possible. Starting with our friends for whom we are cosponsoring tonights event. Thanks to jeff, who directs the cph. Especially bono spitz, who along for those people who ha
Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year losses as the country with social distancing rules. Austral
He said christ report fake customers in the restaurant an illusion of demand theres a kaiser report analogy in there somewhere and he was referring to an arty headline that one german restaurant has found a solution to maintaining social distancing on his reopening manikins a family run businesses fail tables with plastic people in order to keep customers apart and create a vibrant dining atmosphere that is not creepy at all no not creepy. No its like that film airplane remember if they had to blow up pilots. Yes my ear. Yeah all kinds of mr fall out catch that film very missing well yes the potemkin villages in Northern Ireland during the crisis make it look like stuff was going on that there was Business Activity where there were no Business Activity so this illusion of demand is key to our modern economy because its demand 1st then supply is lay people think about supply 1st the demand like are going to make a really nice corkscrew and if i do a great job theres going to be huge dem
You do you reach for the stock equivalent of comfort food something that tastes just like the great bull markets of thats right you reach forfang, my acronym for facebook, amazon, netflix and google this session its more like fang because microsoft has become red hot. Netflix suffered a rare decline. The tech stocks led us higher. With the s p rising 1. 67 , and the nasdaq zoom being 2. 80 , it was a matter of time before we return to the tried and true this market has been going through groups like theres no tomorrow first we had the rally in the defensive Consumer Staples during the work from home nuclear winner the stocks rebounded we started reopening hospitals for nonessential medicine a run up in the big box retailers. That group seems a tad exhausted. Weve seen a surge in the Semiconductor Stocks as demand picks up from china and 5 g. Build out looks good continue with analog devices, amdi a decent quarter. A run in industrials as people bet the economy might be coming back as a