O the computer histy museum i hope everyone is well and fe but the pandemic we are close but the dital doors are wide open im pleased to welcome you today featuring the director of mit initiative on the Digital Economy and conversation with Pulitzer Prize winning journalist markoff. And those with the generosity under these unprecedented times we need your hp more than ever to sustain museum to dever on our mission for technology for everyone. In the future impact on humanit humanitys please continue to join and giv now to iroduce mr. Hancock to introduce todays program and speakers. I am delighted you can join todays program. And deeply influenced by social media conctions sometimes a love hate relationship and the power for od. And directorf mit initiative with Technology Writer for questions such as e aftermath of the us election and interference in 2016 and 20 what steps can we take a look at social Media Companies do on the platform without cial and with these actions we can take
You know what, there has been a persistent bid as we call it underneath this market for months, despite the virus and the unemployment it is a puzzle enigma. I am trying to figure out why people keep buying i had an epiphany last night i was going over preparations for my monthly club talk this time looking at it through the lens of the election, it is only 20 days away. You know what . Of the 32 stocks we own for the trust, fully twothirds of them would do better under a biden presidency that caught me by surprise we were trying to bail out the election honestly i have been under the assumption that the market may take a hit if biden wins he wants to raise Corporate Tax and Capital Gains tax and rich people pay your own stocks. Is that good policy . I dont know given biden has been getting some incredible poll numbers the last few weeks it has become a real possibility. Many of you assumes it is bad for stocks thats what i thought or at least what i thought before my big club call rev
Racism within Law Enforcement . And come the simple steroid covident that is cutting deaths. Hello, welcome to the program. North koreas military has announced they would resume exercises near the border with the sendea and soldiers into the Industrial Zone of the border town. It began with blowing up a liaison office. South korea says it will respond notngly if the north does dial down its actions in rhetoric. Speakingnt, we will be with our correspondent on the escalating situation. Reporter the destruction of that building created at the height of improving interkorean relations, and with it, hope of reconciliation. Become enraged by defectors, whom it calls human scum, sending propaganda balloons into its territory. The sister of the leader kim jongun has warned the e militay could destroy the building in retaliation. Confirmation came tuesday afternoon with a plume of smoke spotted north of the border. Corresponds to the mindset of and enrage people to force the human scum and tho
Dance i hope you dance good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan at the New York Stock Exchange jon fortt is live on the ground in vegas covering ces 2020 for us more from him in a few moments we begin with tesla and elon musk in china, the stock opening at an alltime high. Eunice yoon has more elon musk definitely showed his enthusiasm for the Chinese Market and perhaps investors are taking a cue from that today musk did a little dance at a shanghai event which marked the delivery of teslas model 3s made in china to ten customers, to the general public, for the first time he also made several announcements saying that for the model y production would begin for this suv in china. He also said that the model y demand he believed was likely more than all other tesla cars combined he sees future models made in china at this factory and aims to open a Design Center to create an original car for the global market. The plan is to raise the Product
Now. Maria big show today, Dagen Mcdowell and emily and James Freeman. Great to see you. Good to see you. Dagen surrounded by all the super smart women. Yes. Just like at home. Maria director or something new . In other words, social media obviously one of the big stories, i have to get your reaction on what you heard. Make zuck is going to be on his own, we will let this democracy play it out and people debate online and people say the messages they want to say, its good news that despite the lose of some partners and political heat hes pressing ahead on his crypto currency plan. We could use that, maybe good for consumers. Maria a lot of pushback because of what he learned in other businesses, facebook ceo testified before lawmakers answering a variety questions on china, crypto currency and libra and watters kicked things off, watch this. Given the companys size and reach it should be clear why we have serious concerns about your plans to establish a Global Digital currency that wou