Rips into Silicon Valley and defends the companys government work and no symptoms, no test. Why the cdc is quietly updating its coronavirus testing guidelines normally, jim, i wouldnt start there, but you were just tweeting a moment ago about how important testing is as the number the sevenday average of new tests in this country is the lowest since early july. I just think that the main gap in the system is you hear people say, well, my daughter just got it from college and weve been all trying to test in the family, its five days, we dont know what to do. I think that that halting nature of what to do has gripped this country and has changed it from a country where you go places to a country where you stay at home its a country where you do not travel overseas, its a country where youre frightened over a five and sevenday period endlessly and we live with the tyranny of it. Testing would end it, but its got to be instant. Cant be a lab a lab is a big, big obstacle. Yeah. We will talk
Underwriter. Go figure. First, we start off with the fed shocker. Stocks closing off the highs as the Federal Reserve basically said the june rate hike is firmly on the table. Look at the big winners today. Banks, health care, technology, the big losers, bonds, utilities and gold. With june now on the table, are we starting to see the beginning of the next great rotation . What should you do with your portfolio right now . You give up the winning trade for 2016 and cycle into the other one . Obviously pete can speak to the banks. But i thought the soft in the tlt, i understand it, but i think its going to be shortlived. I still think inflationary pressures we had the conversation last night about is june on the table. I said yes. I think tim was sort of with me a little bit. Today clearly puts the fed back into the june mode, right . I think this. I still think the yield curve is going to flatten. Obviously didnt do it today which is why the banks rallied. Everything else sort of makes