Anger and frustration in the u. S. Over the decision not to charge any policeman over the killing of brianna taylor. And protests in Southern France over coronavirus restrictions but the governments warning of tough times ahead as the flu season combines with a spike in infections. And im peter standing with the sports including a big win for the l. A. Lakers in the n. B. A. Playoffs bron james and his teammates beat the Denver Nuggets to move just one game away from the finals. Top story he served as mollys defense minister and is a retired colonel now. Is the interim president he was sworn in just within the last couple of hours or so his inauguration comes 5 weeks after the military ousted the former president and. Will serve as president for a maximum term of 18 months until nationwide elections are held in the regional bloc of West African States has been mediating the crisis they are expected to decide later on friday whether to lift sanctions imposed after that coup. Sue me. But
Bk says if you want to know where the market is headed, Pay Attention to this one chart. Your chart of the week, a mystery as well. To quote the song, weve got a long way to go and a short time to get there. Lets start with the biggest of the big, the big apple no were not talking about new york city, all due respect, frank were talking about the worlds Biggest Company getting even bigger today apple shares rallying more than 5 apples move adding nearly 104 billion to its market cap. Thats equal to, get this, an entire citi group, two kraft heinz and roughly two chipotles. Do you want to be part of it or are these little town blues headed apples way thats the question, i think. Are you leaving today or if you dont own the stock, are you buying it today. After what almost feeled like sa punctuated move just since earnings, everyones done the numbers on where they are off the lows its been staggering the question you have to ask is what the multiple you put on the Services Business versu
Flight from siberia to moscow. What we know is he is one of the people that has been writing the most, accusing the government in charge of corruption. T we do not know what was what we dont know is who was behind it. This could be Vladimir Putin cleaning up the place. He had beenow if poisoned, we have to wait but there is speculation out there as it could have implications for investors. Tom one of the stories our team from moscow is looking at as they look west of belarus. Much more. Ritika gupta. Senatorthanks to Kamala Harris has accepted the nomination to run for Vice President. She targeted President Trumps lack of leadership. Lets fight with conviction. Lets fight with hope. Confidence inth ourselves and a commitment to america tobe the america we know is possible. The america we love. Ritika meanwhile, president obama told the Convention President trump has not grown into the job because he cant. The political fight over the post office make clear the way for congress to resum
John, to me the silence of this friday is the unemployment checks that will go away and the silence from washington. Jonathan i hope they are not looking at the equity market this morning. I hope they are focused on the highfrequency data and jobless claims. The recovery that we have been doing a victory lap on over the last couple of months. There will not be one this time around. Jobless claims are higher. Recovery is stalling. The economy needs more assistance. And congress is going for a long weekend. Tom so many things this morning and we will have a lot of different conversations to get you ready for the weekend. Lisa abramowicz, we all know in equities and commodities and currency, the bond market talks. It is speaking with a vengeance this morning. Lisa you are earning nothing on safe bonds. That is what this is telling you. Inflation will not take off. We are seeing record low yields. Almost back to its record low. I think you pointed to the most important yield we are looking
Dollar stores seem to be weathering the storm. On the barrons roundtable, ben, carlton and jack. Thanks for joining us, guys. Good to see jack howe back in the group. So, ben, every single week i say the same thing to you which is how much longer can tech stocks keep zooming ahead of the market. Finally this week i dont have to say that, they actually lagged this past week. They lagged and they lagged badly, down around a full percent. And the s p was up more than a percent. The gap between the two was actually the widest in any one week since 2016. Most of those, that difference calm on monday when the nasdaq actually rallied to what was looked like a new high only to pull back and finish down more than 2 . Those kind of reversals dont happen very often, and when they do, its often a signal that the nasdaq is going to underperform over the next three months or so. Jack so youve been talking for a while about cyclical rotation that you think thats going to thinks going to come one of t