Lewis did joy spoke with the Economic Club of washington dc about postal club operations. In the handling of mailin ballots. He also talked about the impact of the coronavirus on the workforce. Let me first now go to our special guest the postmaster general lewis did joy. Thank you very much for giving us your time today. Thank you david for having me and i want to thank the Economic Club of washington for paying attention to me. Thank you for attending. You are the 75th postmaster general the first one is behind you i can see. He was the inventor of the Postal Service. You are a native of new york and you went to college in florida in stetson and then you went back to your familys business and you belted up in greensboro North Carolina and built into the Largest Logistics Companies in the United States. You had been very involved in philanthropic alma mater. Thank you for giving us your time today. O let me just ask at the outset when you agreed to be postmaster general did you realiz
Attention to me at this time. Thank you for attending. Just briefly for those that may not know your background you are the 75th postmaster general. The first one is behind you i can see, Benjamin Franklin, that he was the inventor of the post office, Postal Service. You are a native of new york. You went to college in florida and then he went back to your families a business and you built it up, moved it to greensboro, North Carolina, build it into one of the larger Logistic Companies in the united stateses ultimate merged with another company of been involved in philanthropic activities at my alma mater, Duke University among other places so thank you for giving us your time today. Let me ask you at the outset, when you agreed to become postmaster general did you realize youre going to get this much attention . Because its not normally the most famous position in washington, d. C. And about many people can name your immediate predecessors. You are very well known. Did you expect you
Not know your background you are the 75th postmaster general. The first one is behind you i can see Benjamin Franklin so he was the inventor of the post Office Postal service you have been your native is new york, he went to college in florida and then you went back to your familys business and you built up move it to go and North Carolina. Built into one of the larger List Companies in the nighted states. And youve been very involved in philanthropic activities, thank you for giving us your time today. Let me ask you at the outset when you agreed to become postmaster general, did you realize you are going to get this mess attention. Its not normally the most famous position in washington d. C. I doubt many people can name your immediate predecessors youre very wellknown did you expect he would get this mess attention . If i may i think when i accepted the role, we need to remember the situation in the Postal Service was and at the time. It was right at the height of the beginning of t
This just a correction or is there Something Else more insidious involved . I wouldnt use the c word. I would say this is profittaking pullback. That is all this is. Remember, the nasdaq, top 100, ndx were up 75 straight up off the lows. Even after this pullback were off 10 from the highs, theyre sill up 66 . Looking at the s p, right now as it stands is 50 off that march bottom. So the end is not near. This is just a profittaking pullback. This same situation is in place. Lets see how things react. Even with today, were only down 3 in tech. That is not much at all. What i like to see with vix. The vix has a lower high than it had on friday even though the s p had a lower low. That is very much a positive. David jonathan what do you think . The end is not here. This is just a pullback. We could be way up again momentarily after the pullback is finished. What do you think . Put me in the bear camp, you have 80 new, 20day highs, excuse me, only 8020day lows. And the pendulum is to the be
Killer, a fox business exclusive, this is really interesting, with the ceo behind the Public Company that owns the rooms where its all happening for these vaccines. A vaccine not coming soon enough for new york city. Times square still without its throngs of summertime tourists. In doughnut world, you go big or you go home. The ceo of krispy kreme takes us behind the scenes of his flagship store. The s p getting an alltime high. It just needs any gain whatsoever. We are just at the flat line at the moment. The dow up 47, looks to snap a twoday losing streak. Plus could housing be too hot to handle without more stimulus . Apple now truly in a club by itself. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news. Microsoft not oracle is and will be the company to buy tiktoks u. S. Assets and a binding deal will be signed by the september 15th deadline imposed by President Trump. In a fox business exclusive, sources close to negotiators at bytedance, th