Alltime high. As you can see, it closed in the red. The dow squandering a 360 gain to close down more than 100 points tesla announcing a five for one stock split. Leading todays tech losses amd, apple, microsoft, amazon all falling more than 2 guy, what is your take on this big turnaround i would have thought Something Like this would have happened weeks ago i think the reversal is interesting. Well see if it holds up tomorrow to your earlier point, i mean you saw a pretty significant reversal right around an alltime high in the s p 500 if theres one thing i would attribute it to, dont discount the fact i think its actually pretty important, the news out of the big ten cancelling their football season. Thats pretty remarkable if you think about how meaningful it is to those schools and the local economies. I think that was part of it today and i think the other part of it is the stocks have been on such a ridiculous run, it was just a matter of time before we saw a move of this magnitu
Its the fed on a day where the fed presented the monthly heati lly meeting, surprise we heard endless chatter how the stock market is in a bubble of the feds making. After a good day, the dow gained 160 points and nasdaq fell to 1. 35 . You need to know that i think this is totally nuts yeah, right. The all powerful fed created an environment where equity is the only asset class worth owning and bonds are for suckers. Its our central bank with the illuminati and free masons im sick and tired of hearing were in a bubble that the feds over inflating the price of stocks by printing money to keep the economy moving believe it or not, there is more to the economy than the Federal Reserve and certainly more to the stock market first, im not saying the fed doesnt matter of course, its important. They could raise shortterm rates to five and that could crush the stock market that would make the bears happy. I can hear them coming on air and praising the fed for giving investors a reasonable al
Isaac there is not much agreement we have down here, but that is undeniably top of the list. What we have seen over the past few weeks is both parties coalescing around the idea it is necessary and in the vital when it comesest to my policy with china. It is not just here. It is also our partners around the globe. I think the eu has been more serious around this matter. We have had some developments in terms of Congress Passing limited sanctions and china responding. Note thatrtant to thus far the backandforth between china and the United States has been measured, proportional, and largely symbolic. My call is we will continue to have these back and forths and a degree in headline volatility, but there is no reason to believe leaders on either side of the pacific want to see a massive unwind of their relationship in the near term and theyre battling with issues domestically. There hasyou say, been backandforth in the last day. There is also been backandforth between joe biden and Presi
But 1st we consider the future of globalization past the kovac 19 pandemic force is a major everything. And unbridled quest for profit and untamed consumerism characterized much of the worlds economy. d that is until the coronavirus hits. See it is cinemas and bonus was shouted cities resembled ghost Towns National borders of a closed fleets of planes grounded travel as good as ceased millions around the world may see their livelihoods destroyed as usual people in poverty benefited the least from globalization of the hardest hit will the shock of the pandemic realigned priorities or will we pick up where we left off. These Old Fashioned globes in the berlin bookstore evoke a time before our planet was plunged into its Current Crisis a crisis that could well change our world in many ways. What might this mean for globalisation in cross continental cooperation. Weve asked for people for whom globalization and its discontents are major themes of their work globalization is not to blame fo
A major everything. An unbridled quest for profit and untainted consumerism characterized much of the worlds economy. That is until the coronavirus hit. Theaters cinemas and bonds was shouted cities resembled ghost Towns National borders were closed fleets of planes grounded travel is good to see east millions around the world may see their livelihoods destroyed as usual people in poverty benefited the least from globalization of the hardest hit will the shock of the pandemic realign priorities or where we pick up where we left off. These Old Fashioned globes in a brylin bookstore evoke a time before our planet was plunged into its Current Crisis a crisis that could well change our world in many ways. What might this mean for globalisation in cross continental cooperation. Weve asked for people for whom globalization and its discontents are major themes of their work globalization is not to blame for the virus yours theres nothing like a good crisis to create opportunity for political