Just let drugs and vaccines go to the has better and. To the people in the places where theyre most needed nothing there that would inhibit us from going on a larger trials and theyre currently hopping along more and just deadlier and. Also coming up tonight teachers in south africa say their schools are becoming breeding grounds for the coronavirus and they blame corruption that they say existed before their students were even born theres no follow up theres no need to fight their way back is that. The christians. To give people have to go there to do it their way can bend as no one cool calm is the off that wants to change the way that everything was done to their. Viewers on p. B. S. In the united. States and all around the world welcome we begin the day with what could be the twilight of transparency in americas battle against the corona virus on tuesday the u. S. Reported 67000 new cases of the virus thats the highest daily figure yet the death toll in the country is moving toward
Cramer, david faber coming to you live from separate locations this morning its risk off following those onemonth highs from yesterday empire and retail sales for march were abysmal the worst on record. Below Expectations Oil below 20 earnings from citi, goldman, bank of america showed the major banks are, as expected, bracing for a wave of defaults some more than others when you look at the percentage of the total loan book at jpm and city. Jpm is the one that people decided wasnt that great. When i look at it, i think it had to do with tone. Jpmorgan, the crucial lines were something that were uttered by jamie, which were, look, may is not realistic. It will be june, july. The problem with basing everything on that is that you dont realize these banks are much more much better prepared than we thought you have a citi thats down from its tangible book value, its actual youll have multiples that are incredibly low because people feel the dividends are in question yet you have a tremend
We will hear from japanese epidemics at the center for strategic and international studies. Good afternoon. Thanks for joining us. I am mike green and a professor at georgetown, we are delighted to have all of you join us in discussion over the next two hours with four of japans rising academic thinkers on Foreign Policy and economic affairs. This is the seventh cohort we have invited under a program called strategic japan. Eight years ago we discussed with the Prime Ministers Office how to expand Strategic Thinking dialogue, planning between the us and japan. One thing to think about which was new for japan was the need to go beyond the traditional bureaucratic sources and to tap into the growing expertise among japans academic experts on issues that affect foreignpolicy and to bring more academics into the tent in japan and expand the dialogue with the us and to make sure japanese scholars who are making an impact in japan are sharing their ideas with the us, getting reactions and re
You need to balance in order to be a great investor. It can be hard to keep track of everything that you need to do a lot of this is more important than daytoday action without the right discipline or frame work and the right, dare i say philosophy youll get yourself into trouble but big picture Financial Advice can be hard to process. A lot of it seems down right contradictory to most people we tell you to stick with the companies that you believe in and then we say change your mind on a dime when the facts change. You need to be cautious because its so dangerous out there but you also need to be ready to pounce at opportunities when they present themselves. You need to be skeptical but you also need to know when to suspend your belief. Your disbelief you need to avoid chasing stocks that have run too much but you also shouldnt care too much where a stock is coming from if you believe its headed higher you know the rules it doesnt mare where the stock is coming from its where its head
So tonight were going to take a step back, try to put all this discipline stuff into perspective. If you pick your own stocks, the thing you need above Everything Else is judgment obviously good investigating judgment isnt something you can be taught in a month or a year i try to give you the tools you need to develop your own judgment all my best professors in college focused on teaching us how to be a better investor, not just tell you the stocks that ii think are Good Investments the problem is thats a heck of a lot to process when youre managing your own money, before any other consideration, you need to know yourself you simply cant know which stocks you should buy if you havent taken time to consider what your own personal obje objectives are are you just trying to get a decent return as you save for retirement do you have money to burn, and youre willing to take risks on more speculative propositions . Theres no one size fits all approach to investing and anyone who tells you di