But the fact is senator harris has, like many women and men of color, done very well in america through a mixture of talent, hard work and an iron determination to seize opportunity when it comes knocking. Instead of spending time obsessing about races and identity, what we should be doing is examining senator harris for what she is. Someone who could very well be the next president of the united states. In very short order. Finish and what her selection might mean for a possible biden administration. Well, the media, of course, have have already decided, surprisingly enough, that senator harris is some kind of save your come down among us. Savior. Political warrior, screamed one of the headlines on on the front page of the New York Times. Safe but energizing was another. The leaders all said that she is a, quoteunquote, pragmatic e moderate, she will reassure voters that the Democratic Party is not hostage to all those radical extremists who are supposedly peacefully protesting. But a
For splits and which Companies Might be next. Also robin hood finish not the guy in tights, the free stocktrading t. A. R. P. Why its outgrowing the competition. And as investors wait for a covid19 vaccine, powerful new treatments could soon make a difference. We look at the companies racing to test them. On the barrons roundtable, my colleagues, ben levisohn, carlton english and al root. Ben, let me start with you about stock splits. They used to be common. Weve been through kind of a drought. All of a sudden there are a couple of high profile ones. They dont change the value of a company, its like me giving you a 10 for two 5s, but investors are responding. What do you think is going on . The first thing is we actually are some high profile stock splits. We havent had these in years. Companies have been letting their stock prices just rise well into the thousands in the way they never have before, so now all of a sudden you yet two high you get two high profile companies, supposedly
Jonathan of course, by all means, go on. Dir. Kudlow you had a sermon jonathan with all respect, that was not a sermon. Dir. Kudlow there are other ways to do with these problems. Throwing money at them is not the only answer. You have to create Economic Growth and incentive. We are willing to spend money. Thats not the point. The president has endorsed another round of direct mail checks. He has endorsed that. He has also endorsed continued unemployment assistance. The question is, what is the overall policy to make sure that it makes sense that there are incentives to go back to work . We have a very fullfledged plan to do exactly that. We want to reward people and the businesses they work for to go back to work. We will extend the tpt. That is part of our package. Im not going to negotiate, but that is in the mix. We have retention credit for new jobs, we have benefits for reemployment. We should give existing workers a tremendous boost to income. Even in five months it will be 1200
The s p advanced 0. 64 and the nasdaq jumped 1 the world where the democrats and republicans cant make a deal on the next round of stimulus, so states have no choice but to open up. Open up everything, using masks and social distancing, as their only backstops because otherwise everyone goes broke. You just cant stay shut down without the federal lifeline come on, right the states dont have the money for it but the log jam in washington is starting to get personal you could see that when i interviewed House Speaker nancy pelosi this morning. I may be naively asked if we could at least get a deal with the gop to help out minority owned businesses in honor of the late, great john lewis heres what Speaker Pelosi shot back can we give a huge chunk of money to minorities who want to stay in business and cant, and to people who are trying to go to college or have student loans, who are minorities, who are the most effective, because they have the least chance in our country, thats got to be
Signaling that it may need to do more to the boe, signaling that it may need to do more to combat lower growth. Bloombergs Francine Lacqua spoke to andrew bailey, the bank of england governor, following that policy decision. Gov. Bailey we are keeping options open on that. Im very clear on that. Other members of the committee thought it was a sensible decision to take in our next meeting, when we may have more information. Francine are we any closer to negative rates, or is that not an option right now . Gov. Bailey we are not ruling anything out because it would be unwise of us to rule anything out in terms of responses. I dont want to say we are nearer to negative rates, but we are not ruling anything out. Francine under what circumstances will we get negative rates . Gov. Bailey its a complicated question. You have to view it in the context of the times, also in the context of the financial structure we have, and what are the consequences of it. I just want to caution, we are nowher