Underperformance of Large Cap Technology and outperformance of value. Guy, what did you make of the action today so i know you remember everything, so you may recall yesterdays show every once in a while something sticks with you, like an onion or Something Like that, yesterday there was something said on the show that resonated with me. We were talking about the vix. He correctly said just because you have an elevated vix, its not any deby definition a negate thing for the market today illustrated that exactly im shocked by todays performance. The reversals we saw yesterday should have followed through today. Maybe that happens tomorrow, i dont know what i make of it is the resilience of this market continues to be unprecedented, in my opinion. Still label me a skeptic lets pause this conversation we have some breaking news from moderna. The stock is up in the after hours session. Meg . This is the phase one study of modernas covid19 vaccine program. The full results being published i
Doing very well. I just left texas and biden came out against franken. That means texas is going to be one of the most unemployed states in our country. Oklahoma, north dakota, new mexico are going to be a disaster. Ohio, pennsylvania, a disaster. I want to have the results of the election. I dont want to be waiting around for weeks and months and literally, potentially, if you did it right, years. Because you will never know. These ballots are missing. You saw paterson, new jersey, many other instances. There is tremendous litigation on that now, and that does not include absentee. Absentee, you have to work and you have to send in for applications. For instance, i meant absentee voter because i cant be in florida, because im in washington. So i will be in absentee voter. We have a lot of absentee voters and it works, and we are in favor of absentee, but it is much different. In california, they are going to send out tens of liens of voting forms. Tens of millions of voting forms. We
Racism and policing, and the role of Police Unions. Come to order. I now recognize myself for an opening statement. Good morning and thank you to everyone for being here for this important briefing. Black lives matter. I cant breathe. Hands up, dont shoot. No justice, no peace. These powerful phrases are rallying cries for fair minded americans seeking to live up to one of this countrys core principles. Equal justice under the law. Since our nations founding, africanamericans have struggled, fought and died for the right to be free and equal citizens. This month marks 99 years since the tulsa race massacre, where an entire, vibrant community was destroyed and black men, women and children were systemically murdered. Today is juneteenth. A holiday that celebrate s the freedom of black people in america. That freedom did not come until 1865. Two and a half years after president lincoln abolished slavery. We are still working for freedom and we are still working to provide equal opportuni
Translator it was not easy that we needed so many different days shows we came from all Different Directions we are all convinced we can make something out of what we decided. Ubs shares right. Ceo sergio tells cnbc credit losses weighed in the Second Quarter. The possible outcomes are difficult to predict having said that, for the second half of the year, we are modelling recessions everybody is waiting novartis earnings suffer as hospitals front load stocks and lockdowns keep patients away from gps they are optimistic despite the outlook cut. In the force of the pandemic, 19 Income Growth in the first half is very Strong Performance showing the resiliency of the company. Big tech bounces back atting 290 billion in market value as amazon has its best day since 2018 helping the nasdaq outperform their averages once again. A very warm welcome. If you went to bed early last night, youve woken up to the news the eu have come to a deal. Weve got green across the board. The stoxx 600 tradin
The Prime Minister of the office of the Prime Minister of the im told is that either 3 sides have agreed that they will resume talks immediately on a technical level i was repeatedly heard statements from the 3 sides saying that 95 percent of the issues have been resolved and that theres only remaining 5 percent as well as the legal aspects. The number of new covered 19 infections in the u. S. Has surged to another high for the 3rd day running the countrys top Infectious Diseases expert says theres a serious problem and want people to be more careful about restrictions so. You have an individual responsibility to yourself but you have a societal responsibility because if we want to end this outbreak really end it and then hopefully well have vaccine comes and puts the nail in the coffin weve got to realize that we are part of the process so when the Vice President went back pulling back a couple of months ago when we showed about the guidelines to safely reopen the crunch weve got to m