Kaplanter kaplan dr. Joining us on the fed, the economics, and how it folds into policy. Joins us, james acey from aberdeen standard. We love having him on for a more holistic view of what is going on. How alone is technology here in its ascent . James i think it looks incredibly alone. If you look at the u. S. Equity market without scratching beneath the surface, the messages that youve had an amazing recovery. The equity market is not just priced return to normality, but it has gone beyond. When you scratch a little beneath that surface. They really are the only things pushing higher, almost regardless of incoming data, regardless of the economic environment we face. That trend is global as well. Youou take the msci world, get a very different picture. If you take tech out of u. S. Equities, you get a very different picture again. It does seem that the market is saying that virus were no virus, whatever the world we are about to face, it is not a bad thing for tech. Quite the opposit
Good thursday morning. Welcome to squawk on the street. Im carl kint nia and jim cramer still over 1 million for the 20th straight week ahead of the jobs number. Leader mcconnell will join us on the stimulus talks that continue on the hill followed by Speaker Pelosi later this hour, jim, as we continue to get reports that the two sides are trillions of dollars apart. Yeah. This is a day where we have to find out in our interviews whether theres any hope for compromise because if there isnt, youre going to see a full open business that will make the unemployment numbers very rearview mirror. A lot of people recognize that theyre trying to figure out, is washington playing partisan politics do they genuinely want to deal maybe they dont we will find out during this show. You think well find out . Well talk to mcconnell first, jim. Yeah, i do. A billing part of that is sort of the fragility of the republican caucus. As mcconnell has said this week, jim, he has 20 senators who feels we hav
Is just over an hour and a half. I see that we have a quorum present. I really want to thank everybody for joining us, its an important issue that i now recognize myself for opening remarks. Pursuant to the notice, were holding a hearing to discuss the american lives on the line come lessons for managing the russia threat. Two weeks ago startling revelations that russia put bounties on american troops serving in afghanistan. This week in the Foreign Affairs committee weve been examining this egregious attack on americans and the Top Administration failure to handle it probably. Its important for the public to know this. Ive personally been involved in four earrings. This week alone that ive with this issue and that doesnt include the actions of other committees working on their own. I just want to underscore to people listening that they should know that we in concert taking over some of this matter very seriously. The one thing if we do nothing else, the most basic and fundamental dut
Im going crazy thing in all the time. How to handle on new lies in times of the koran a pandemic d. W. Reporter peter drugs just like everyone else and shes looking for answers and thankfully with the help of too many expect a few of them what. Is the thank you is not life as we know it. In this example our new web series. Where are the 2000000000 euros german Payments Firm why are car now says that the missing revenue on his books may not exist while the latest on a massive corporate scandal. New york reopens offices and restaurants can the big apple get back to business. And the pandemic is rattling businesses around the world. But its the smallest firms that are being hit hardest well explain. This is your Business Report im Stephen Beard its good to have you with us 1900000000 euros and thats the gaping hole in the Balance Sheet a german Payments Firm why are card the blue chip listed firm now says the money probably doesnt exist a scandal has led to a frantic sell off of its stock
Its for. Beethoven just for health. And beethoven is for. Beethoven is for crayon. Beethoven 2200. 50th anniversary here on d. Dont know. Where are the 2000000000 euros german payments firms wire car now says that the missing revenue on its books may not exist the latest in a massive corporate scandal. New york reopens offices and restaurants can the big apple get back to business. And the pandemic is rattling businesses around the world but its the smallest firms that are being hit hardest well explain. This is your Business Report im Stephen Beard its good to have you with us 1900000000 euros thats the gaping hole in the Balance Sheet at german payments from wire card the blue chip listed firm now says the money probably doesnt exist a scandal has led to a frantic sell off of its stock in the past days as well as the resignation of the companys c. E. O. And the growing expectation of criminal charges. Once a rising star in the financial startup world why a card has fallen back down h