Good afternoon toledo. What an inspiring time in our Great American manufacturing heartland city to welcome the next president of the United States. Thank you for comingtoday. Joe biden. Joe biden has not only been here before, he has always fought for us. Always. Vice President Joe Biden is our trusted friend. Hes like an uncle area is like a brother. And hes with us in toledo. Toledo, the home of General Motors, the most advanced transmission agility in the entire world. With an additional 39 Million Dollars of investment announced recently and also home of the worldclass jeep production platform, the largest on the north american continent. I can guarantee you without joe biden. Either of them would have survived the drastic laugh from the 2008 recession. We remember, i remember. I remember vote in congress for the recovery when it was democrats, democrats who make sure that these firms were refinancedand they pay back every penny. With interest. And i remember the republicans, ever
Company, a maker of health and Beauty Products recently bought by procter gamble. Iman abuzeid, founder and ceo of incredible health, a hiring platform for nurses. Chris bennett, the founder and ceo of a preschool and childcare network, wonderschool. Kin, thephanie lam founder and ceo of blendor, a maker of software that helps Companies Manage and fight bias. Thank you all for taking the time to do this. I am so happy to have you all here. Thanks for having us. Glad to be here. Emily obviously its been an emotional last few months and i want to know, how have you been experiencing the latest momentum behind the black lives Matter Movement . Tristan the thing i like to tell our people is in moments like this, three things are critical. First, a forceful acknowledgment of the trauma we are all facing, whether it be emotional or physical, over these last 400 years, frankly. Second, the idea of modeling the way. Really being in line with the values we have and picking a side. That is somet
Thinking about over the weekend . Next week, which is going to be just gigantic we have everything from ibm, we will bookcase ibm on monday and American Express on friday, both will be challenging and i think they could determine things. Carl, i have to tell you, 8 30 santelli comes on and gives you that housing start number, then diana talks about how there are not a lot of houses. I sit here and i think the fed has done a magnificent job, what can they do . They can take rates down to the point where, yes, maybe jpmorgan doesnt make as much money, bank of america certainly doesnt, but people are buying houses and thats whats been working in the stock market this week is the housing trade the lows, the home depot the deere small tractors, that stuff has been flying off the shelves and thats exciting. It was not, of course, the cloud, saas stocks and cybersecurity. Theres always a bull market somewhere. Right weve been taking note of all the upside reannouncements today. Today its daim
Big rally bubbling up. Check out what happened to chinese tech stocks today as Congress Seems to be turning up the heat on china. Lets get to Kayla Tausche for the details. Melissa, the Holding Foreign Companies Accountable act technically applies to any nonu. S. Company listed here and it requires those companies to be subjected by the securities and Exchange Commission and if not to certify that it is not owned and controlled by a Foreign Government any company that cannot prove that would be dislisted. Here is john kennedy, the republican senator from louisiana who sponsored this bill i do not want to get into a new cold war all i want, and i think all the rest of us want is for china to mri by t play by the rules. Antichina sentiment has been gaining steam in recent years and it did not subside after the phase one trade deal was reached in january and this particular issue of transparency has gained new momentum after the fraudulent Financial Disclosures at Luckin Coffee just last
Sevenpart debt offer thats getting priced today its so true, carl. I think that word stabilization is really the key to the story here its signs of stabilization versus recovery and i think thats a key distinction and one playing out right now in the market whether youre looking at the ceo commentary on Earnings Calls or interviews on this network in recent days and the fed chairs message yesterday, arguably what were seeing in jobless claims, which are still so painfully elevate right now, but seem to have potentially peaked maybe three weeks ago, that the emerging theme is really that economic recovery is going to, at least based on everything weve seen right now and what weve heard right now, is going to take longer than initially thought, but there are still some of these potential signs suggesting that the worst, i say that with caveats and uncertainty still clouding everything, that the worst is over, whether its the comments we got from facebook on that Earnings Call yesterday o