Along with kelly evans, im Tyler Mathisen stimulus hopes, the s p reviving overnight. But what about investors are their hopes a little too high this deal is going to get done well discuss that one plus, check out chip maker xilinx upping 14 . Well look into what could be a Seismic Shift for the semis. And jim cramer will lay out his seven sectors of opportunity, including his best picks in the restaurant space as power lunch begins right now. Tyler, thanks. We begin with new developments on stimulus negotiations a short while ago the president tweeted that covid relief negotiations are moving along, go big and reportedly raising his offer and maybe even raising it again ylan nmui, give us the latest. The question is is it big enough they will present a 1. 8 trillion offer to nancy pelosi this afternoon thats still 400 billion less than where democrats are at. Economic adviser larry kudlow said that would include aid for the airlines, direct checks and ppe and mentioned extending hanes
Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
Fourday losing streak joe said it. Youve got nike being a big gainer there nike is responsible for about 100 points of the gains. S p futures up 13, nasdaq up 41. Nasdaq was the big gainer. Facebook up about 3 these are the ones that moved so quickly those are responsible for so much of the gains it looks like the 10year seems to be yielding right around drum roll please all right, im going to say 0. 66 becauses that where it has been all right. 0. 67 last night, the house passing a bill to fund the government into december and avoid government shut down clearing the house by an overwhelming majority now heads to the senate where it is expected to pass they want to get past the shut down to focus on passing more Coronavirus Relief that is a little less unclear about whether Something Like that will happen joe . We mentioned nike doing well. Premarket doing pretty well beating estimates of 47 cents. Online sales rose and the company gave guidance for 2021 expecting sales in high Single
Visit arlington to see the contents with tim frank and caitlin smith. To talk about this memorabilia box, we really have to take you back to 1864 in order to bring you forward to 1915. In 1864 we buried the first soldier here in maine. And then the secretary of war set aside 200 acres to become a national cemetery. By the end of the civil war there were 15,000 confederate soldiers buried here as well as union soldiers. And general john logan established Decoration Day, she declared may 30 of every year. The idea is that people would visit the graves and place flowers. Decoration day became a more real day. It became so popular that in 1873, quartermaster general Montgomery Meigs held to Decoration Day ceremony and at the time it became a small venue. Every year thousands of people would show up to arlington. One year we found that 25,000 people showed up to decorate the graves read in 1913, congress authorized this memorial empathy under that we are standing in. And in 1950 as part of
Here is that part of the image itself in some ways is without inherent meaning, some ways the photograph itself needs to be coded through captions, through the sort of articles next to it, through many other ideas like the readers own political persuasion. The image becomes largely meaningless until it becomes coded by the surrounding areas. In some ways, the image without a code needs a code, the context for understanding its meaning. So talks about the paradox of photography and particularly of press photography. The ways that constructed intentional meaning, the things that have opinions or political leanings, can seem natural and pregiven, thanks to the index of photography. Reminding what it means. Of course, you know, thinking back to our photograph right here. We know that there was a corpse hanging from a tree. Light reflects that body on to photographic film and we know that it was there. That idea of truth value, that factual quality of photography. In some ways makes the con