Challenges he continues to insist the election was stolen for him, one of joe bidens advisors floating idea of more lockdowns ahead of the covid19. Well get the take from the rnc all that and much more on making money. Charles well the market opened relatively flat, investors moving back into the growth names including the lockdown darlings like zoom and peloton this at the expense of the rest of the market. Despite soaring covid19 cases more restrictions an lockdowns investors are resisting panic right now. Many probably remember taking big losses last spring, only to regret it by late summer. With earnings season almost over, vaccine hopes rising with more economic restrictions what kind of guidance will we see near term that dictates Market Action . Maybe it could be the charts, folks. We know investors should mind the gap when it comes to the market. I will explain that with help of ryan capital president , ryan payne, a group im not affiliated with. And federated lisa decell, fitz
Market another major selloff on wall street. Stocks temably tumbling s p tumbling but check out what happened on the year this has only happened 17 times before going back to 1962. Brian kelly, what does this tell you about the market well, it tells me we are in for some tough sledding, a lot of turbulence. What is interesting, that bonds and stocks did Different Things than they should have done there are a lot of people in the market, when stocks are down and bonds are supposed to be up. They used that as part of their port foal yoan when things get out of whack, they have to balance that. This feels like the end of february, beginning of march gold didnt do well, bonds didnt do well the only class that was up was bitcoin. That seems to be a safe haven. Jeff, what did you make of that when we talk about safe havens, it is not necessarily negative health care outperformed and utilities outperformed so it was the usual suspects but tech not being a safe haven, that speaks to the statis
I do want to talk about the resiliency of american corporations to adapt and adjust , whether it was Johnson Johnson a bit ago, the seven could jillian dollars the seven gajillion dollars at blackrock. Thenow the story, executable excellence we are seeing in the statistics. It is going to be fascinating. Jonathan it might be too early to say the gloom of pandemic is behind us, but it might be time that we talk about the provision build of these banks. The number comes in at 611 million. I think that is the positive out of this Earnings Report this morning. Talkednali basak really about that being a key statistic, and it is better than good. I go back 10 minutes ago, the idea that they suspended share buybacks, and yet theyve got enormous Free Cash Flow available for Dividend Growth and maybe some share repurchase. Granted, youve got the mystery of what commercial real estate is going to do. Jonathan i imagine their Capital Return Program will change drastically in about 12 months time.
That is just who he is. There are times when i couldnt even imagine how he did it, how he put one foot in front of the other and kept going. But i have always understood why he did it. For the doctor who convinces her mom to finally get a Breast Cancer screening, and misses work to drive her to the clinic. For the Community College student who has faced homelessness and survived abuse, but finds the grit to finish her degree and make a good life for her kids. Mom is little boy whose serving as a marine in iraq, who puts on a brave face in his video call and doesnt complain when the only thing he wants for his birthday is to be with her. Joe givesose people, his personal phone number two, toevents, the ones he talks for hours after dinner, helping them smile through their loss, letting them know they arent alone. He does it for you. Joes purpose has always driven him forward. His strength of will is unstoppable, and his faith is unshakable. Because it is not in politicians or political
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