Rotation this hour plus, there is still one over big overhang for stocks and that is covid cases spiking, cities shutting down. Well talk to one of los angeles biggers playest playert retail, dining on power lunch right now. Thank you, tyler. The markets are off to the races with the dow topping 30,000. This time its not big tech leading the way. Dom chu is looking at the rotation pro tellipelling us hi. Lets talk about the gold star right here. 30,117 is the intra day record so far that was the high of the day at the pandemic lows, intra day we were talking about 18,214 weve gone up roughly 65 since the pandemic lows we saw back in march. Something to keep an eye on when we talk about the dow industrials and. Talk about whats happening between growth and value take a look in just the last monthtodate period we have now seen a real outperformance in some of those value stocks just in the month of november. Well see if that trend continues with that orange line picking up steam with the
Charge of the recovery act and it was hard as hell to get the votes for it to begin with. And then it was hard as hell to get the number even we got. But one thing we learned, is we cant do too much here. We could do too little. We could do too little and sputter. Real live people are hurting and we could fix it. And we could fix it. That is has been his message from the beginning. And President Biden is focused on this today. Hes expecting to speak live later this hour and on how ep plans to revised the economy in response to covid. And the latest jobs report came out this morning showing only 49,000 jobs were added last month across country. And still there is more. On capitol hill, republican freshman Marjorie Taylor greene, shes about to hold a News Conference and at the moment im going to use the term News Conference loosely as we will see if she actually takes questions from actual real reporters which she has long avoided. Greene now without any Committee Assignments after the h
Has had with lawmakers this week. This is what he said in the last hour. We cant do too much here. We can do too little. We can do too little and sputter. The end result is, its not just a Macro Economic impact on the economy and our ability to compete internationally. Its peoples lives. Real live people are hurting. We can fix it. We got the first jobs report out under President Biden. Its a better report than december. Overall though, we have a long way to go. 49,000 jobs were added last month. The Unemployment Rate fell to 6. 3 in january. We will take a closer look in moments. I want to start with the action in the capitol. We have monica alba at white house, jo ling kent with the jobs report and leigh ann caldwell. President biden will deliver economic information later this hour. What can you tell us about the president s economic focus today . Its the first event, the fact that the white house is having these coronavirus briefings now three times a week from Health Experts and o
Could face starvation as coronavirus takes its toll world wide that warning from. Hunger caused by the. People in the virus itself so we should step in to stop this design stuff this is inside story. And welcome to the program im laura cause more people will die this year from hunger caused by the pun demick than from coated 19 thats according to the Charity Oxfam which says 121000000 more people could face starvation because of reduced aid mass unemployment and disruption to Food Production and supplies it also describes middle Income Countries such as india brazil and south africa as a merging epicenters of hunger with millions of people facing being tipped over the edge on the social and economic effects of the crisis. Well lets take a closer look at some of the figures in that report oxfam says some of the worlds poorest countries could see 12000. 00 extra deaths per day due to hunger before the end of 2020 the charity says this is more than the peak of global current virus death r
25th anniversary of the strip let me. Just say you know. Millions could face starvation as coronavirus takes its toll wild wide that warnings from oxfam and says hunger caused by the pandemic will kill more people than the virus itself so we should step in to stop this design stuff this is inside story. And over and welcome to the program im Laura Carlisle more people will die this year from hunger caused by the pandemic than from coated 19 thats according to the Charity Oxfam which says 121000000 more people could face starvation because of reduced aid mass unemployment and destruction to Food Production and supplies it also describes that middle Income Countries such as india brazil and south africa as a merging epicenters of hunger with millions of people facing being tipped over the edge on the social and economic effects of the crisis. Well lets take a closer look at some of the figures in that report oxfam says some of the worlds poorest countries could see 12000. 00 extra deaths