An antitrust lawsuit against google, characterizing its search and advertising business as a monopoly. Shares shrugging it off, up 2 well speak to a top analyst about what it could mean Going Forward for big tk and Tilman Fertitta is seeing bright spots in the country. Hell tell us where and why. Power lunch starts right now let me welcome you to power lunch as well take a look at some of the big names we are watching today. Netflix slightly higher ahead of its earning reports, that stock down about 4 . And no earnings boost to ibm, thats the biggest drag on the dow after reporting its Third Straight quarter of revenue declin declines and financials one of the best performing sectors thanks to regional banks, helping the rest of the group kelly. John, thank you we begin with the two big stories out of washington today. Elan has the story but first Kayla Tausche is tracking new developments on stimulus aid reporter today marks the end of the 48hour window that nancy pelosi set to reach
Dom . It looks like well try that recovery trade from yesterdays late day selloff here. Stocks are broadly higher and to a decent degree. 250point gain for the dow about 1 upside. The s p 500 still very much above that 3,400 area. Thats an area that a lot of traders are looking at as a pattern of support there possibly for the markets up 1 , and the nasdaq, believe it or not, is underperforming, only up threequarters of 1 as well so the nasdaq a key focus there. If you take a look at some of the things that traders are watching from a more macro perspective. Interest rates, especially longer term ones are a very key focus here we dont show the 30year long bond very often. We focus on the tenyear more but that move to the upside has taken that 30year long bond beeld 1. 592 above its longer term trend line or the 200day average yield for that particular Interest Rate 1. 52 is the level to watch there. That could have reverberations on the financial side of the market also then check out
Their president ial campaigns. Your book that came out catholicism and American Freedom chl what was the premise behind it . What did you learn . I wanted to look at how american idea of freedom intersected with catholic global tradition. What i learned moment of conflict and overlap. Conflicts over slavery. Not many catholics were abolitionists, for example, but lots of overlap to rempl the economy. Ideas in the 50s about americanization and intention over issues around sexuality, divorce, a lot of the kind of cultural issues of the last 30 years. More than 90 years ago al smith ran for president , first catholic on the ticket. Why was that significant, and who was al smith . So al smith was an immigrant kid from new york city, irish descent, irish and german, never got beyond the eighth grade. By 1920, he runs in 1928 against herbert hoover. Catholics are a percentage of the population, 20, 25 . They had faced considerable discrimination in the 19th century, even 1920s with ku klux k
The university of notre dame about how al smith and john kennedy dealt with the issue in their president ial campaigns. John mcgreevy from the university of notre dame, your book which came out a few years ago, whats the premise behind it . What did you learn . I wanted to look at how american ideas of freedom intersected with the catholic global tradition and what i learned is there were moments of conflict and moments of overlap. In the 19th century there was conflict over slavery. But lots of overlap in efforts to reform the economy. There was overlap in the 50s on ideas about americanization and mention over issues around sexuality, divorce, a lot of the kind of cultural issues of the last 30 years. More than 90 years ago, al smith ran for president. First catholic on the ticket. Why was that significant and who was al smith . Al smith was an immigrant kid from new york city. Irish and german. Never got beyond the eighth grade. By the 1920s, catholics are a significant percentage o
,. To mark the centennial of his birth the Smithsonian American Art Museum collected dozens of images that chronicle the life of the 35th president. The Smithsonian American Art Museum allows me to be a guest curator of this exhibit on jfk. I photographed a lot of politicians. I started with Richard Nixon, Governor Brown in california and john f. Kennedy and many of the events he was present at. ,. Why this exhibit here in the American Art Museum at this time . It is the centennial of his birth 100 years ago on may 29, he was born. How do you put an exhibit like this together . First you start with a few researchers. We collected 34,000 photographs of jfk and his family. It took about six months and became the basis of a very important book that we published. From those 34,000 odd pictures in the book we were able to select 77 photographs that we felt told the story of jf k and his life and times. John f. Kennedy was a modern president who saw americas place in the world. He was a man