Away from new highs. Joe, i begin with you. The question is how are we going to get to those new highs . Value is outperforming today is this the start of the longawaited rotation . Well, your initiating a great conversation, scott, because as you have identified the s p 500 is basically sitting less than 1 above its all time high whats critical, though, in getting there if you are not going to have a significant outperformance from what has worked, which is clearly hyper growth, is youre going to have to have the participation from the value names. Lets put in context where value really is. Scott, the russell 2,000 is still sitting 9 below its all time high it achieved in august of 2018. When im thinking about value i also have to think about value and get contribution from small cap value, not just Large Cap Value because there has been such a differentiation in the Small Cap Index this year. Small cap growth is up 22 year to date. Small cap value is down 12 . So, yes, i believe it h
Yield moving up to. 4 basis points the vix is below 22. Joining me now is marc lasry. Great to speak with you. Lets begin with the markets. You said 2020 be a onceinalifetime opportunity. Where are we in that opportunity now . Now that the first wave of buying is over, is there another way to come this year . Marc thank you for having me. There is this misconception that we have missed it. We have not missed it. Is doing really well, and that is fabulous for equities. But you have a Record Number of companies that have already filed, and they are continuing to file. It is a world of haves and havenots. Us, we are finding quite a bit to do in the u. S. And around the world. We will get to everything that you are doing in a moment, but what do you do if you feel like buying but you know it is probably not the time yet. Do you have a forecast on when we are likely to see more pain . Marc i think now is a great time to buy. You dont want to time this. In want to be able to invest situation
Xerox lines up the bridge loan hp. Und its pursuit of citi, and bank of america are cash. Ding the and a checklist and change at the federal reserve. Former new york fed president dudley makes his case for a shakeup strategy kathleen, we are just getting news. Tle bit of breaking taking a look at the south korean economy. Were getting the south korean ovember surplus coming in at 5. 97 billion u. S. Dollars. 7. 39 goods trade surplus at billion u. S. Dollars for the november, falling from just over 8 billion in the previous month. Well be looking at that breakdown for a little more information in terms of how deteriorating exports would have played into that number. In the meantime, all the markets just opened in that open. Hong kong taking a look at the us. For were seeing some flaunk wagses in cash trade in sidney. . S pushing higher by. 1 while we are seeing futures looking higher for the nikkei led the after japan region lower on monday. You see the Retail Benchmark fall the most s
Says. Hes the youngest leader in latin america at 38 years old the president of el salvador naive to caylee comfortably won the general election in february with caylee enjoys a nearly 90 percent Approval Rating but there are challenges ahead with one of the highest murder rates in the world perhaps the main challenge for central americas smallest country is gang related violence and slow growth was kept else salvatores social and Economic Development stagnant corruption cost the government millions of dollars and ever since a 12 year civil war ended in 1992 hundreds of thousands of salvadorians have been fleeing the country every year seeking a safe place to live and better opportunities but president bush seems determined to turn things around with just a few months in office hes traveled extensively from north america to the a ship pacific and to the middle east in mexico he secured investments on social programs that aim to reduce migration to north america in china he signed deals
See. Hes the youngest leader in latin america at 38 years old the president of el salvador naive to caylee comfortably won the general election in february with caylee enjoys a nearly 90 percent Approval Rating but there are challenges ahead with one of the highest murder rates in the world perhaps the main challenge for central americas smallest country is gang related violence and slow growth was kept else salvatores social and Economic Development stagnant corruption cost the government millions of dollars and ever since a 12 year civil war ended in 1992 hundreds of thousands of salvadorians have been fleeing the country every year seeking a safe place to live and better opportunities but president bush caley seems determined to turn things around with just a few months in office hes traveled extensively from north america to the a ship pacific and to the middle east in mexico he secured investments on social programs that aim to reduce migration to north america in china he signed