Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo
Offerings. Sta instacart delivers from sephora and best buy and ewinger eats. So will they be overwhelmed or perfectly positioned i think this is the big question everyone swondering as is wondee ecommerce take a big jump door dash had a face plant weechlt talk abo well talk about that i want to point out our own Melissa Repco on cnbc. Com has a great piece about exactly this brick mortar issue doorbesters not really happening this year. The retailers dont want you busting down the doors they want you staying at home and ordering and theyre putting incentives in that direction all right. Moving on for now. Astrazeneca, the latest pharma giant out with positive vaccine news maybe some of the vaccines will help to get to be door busters. After the citizen kashgs the Third Company to come out with the efficacy results these are a little more mixed when you compare them with the others lets take a look. The reason theyre mixed is because they had two different dosing regimens. One of them
And more promising news in the fight against covert nineteens, the drug maker, astra zeneca says the vaccine its developed with Oxford University is up to 90 percent effective. And that its cheap to make it easy to store and publish only us welcome to the program. Chinas space agency launched its Ambitious Mission to the moon to bring rock samples back to earth. Chang, who 5, named for a chinese goddess of the moon, took off successfully from the space center on chinas Southern Island. Its the, 1st mission by any nation to retrieve lunar samples. Since 2970 s. , the probe is expected to bring back 2 kilos of rocks and soil to help scientists learn more about earths nearest neighbor, including how it was for arms. And the mission also showcases the advances that china has made in Space Exploration technology. This spacecraft has towered above the Southern Island province of hina and 5 days a symbol of chinas technological prowess. And its military might a source of pride for many chines
A new peruvian president. This is a very celebrated and armenians protest. Russian peacekeepers are deployed as part of a cease fire deal to end the fighting and calls for a cease fire in ethiopia, growing region where hundreds have died and thousands are fleeing into the u. S. President elect. Joe biden has called Donald Trumps refusal to concede the president ial election an embarrassment, but biden says nothing will stop the transfer of power in january 1st despite the trumpet ministration. Reportedly refusing to assess the president elects transition team. Alan fischer reports from washington d. C. Well, donald trump is keeping a low profile, joe biden is putting himself front and center. This was an event to discuss the Affordable Care act, but the president elect questions on other topics and he had a message to the man he replaced. And his refusal to accept the result. I just think its an embarrassment. Great, frankly. The only thing that how can we say this tax . I think it wil
Celebrates and armenians protest, russian peacekeepers deployed as part of a cease fire deal to end the fighting. And theyre going to care about clashes on the streets of lima. Following the swearing in of a new Program President and the palestinians lose their chief negotiator who died in weeks off to contract to the us president elect. Joe biden has called Donald Trumps refusal to concede the president ial election an embarrassment, but biden says nothing will stop the transfer of power in january. Thats despite the trump administration, reportedly refusing to assist the president elects transition team. Alan fischer reports from washington d. C. Well, donald trump is keeping a low profile, joe biden is putting himself front and center. This was an event to discuss the Affordable Care act, but the president elect questions on other topics and he had a message to the man he replaced. And his refusal to accept the result. I just think its an embarrassment. Great, frankly. The only thin