Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
Treasury market. European stocks are down by 1 . U. S. Stocks are up i. 2 . I also want to bear in mind what is happening with the chinese currency. This is important. 6. 6 four, below key levels. The dollar continues to weekend. The dollar is important, the euro is important, but the chinese currency is potentially very important. Jump inaly reporting a new daily virus cases to over 15,000. The other part of the story, we are talking about trade talks, the u. K. And the eu are ready to sit down immediately with the goal of finding a deal by midnovember after positive contacts between the two sides. Our bloomberg is european politics reporter. Ian, a great way to talk about itting the deal, getting done, was that Boris Johnson was getting his way and getting it done. Ian in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. We have not heard officially what they have agreed to do, but as you were saying, we have reported in the l
Attention to me at this time. Thank you for attending. Just briefly for those that may not know your background you are the 75th postmaster general. The first one is behind you i can see, Benjamin Franklin, that he was the inventor of the post office, Postal Service. You are a native of new york. You went to college in florida and then he went back to your families a business and you built it up, moved it to greensboro, North Carolina, build it into one of the larger Logistic Companies in the united stateses ultimate merged with another company of been involved in philanthropic activities at my alma mater, Duke University among other places so thank you for giving us your time today. Let me ask you at the outset, when you agreed to become postmaster general did you realize youre going to get this much attention . Because its not normally the most famous position in washington, d. C. And about many people can name your immediate predecessors. You are very well known. Did you expect you
Merely dealing with partisan gridlock the dow inched up two points and the nasdaq jumped 1. 12 , this i what we have to think about. Six months ago it looked like the world was ending everyone in congress had a reason to reach a compromise both sides have an incentive to be more stubborn they get to blame each other in the runup to an election but as Speaker Pelosi told me this morning, the deal is still on the table. I took her full statement as a sign getting a deal done could be extremely difficult im saying this purely in micah pasty as your investing coach without a stimulus deal, there will be a ton of private company losers and could be a much worse place a year from now if we get a vaccine by the end of the year too many struggling Small Businesses cant wait that long. Now if you got a white collar job you can do from home you may not realize how bad it can be. The future is fine for anyone that can work from home whether we get another bailout or not. For millions of americans
Africa. They are 262 49. All of the good afternoon. Hard graft for coming up on afternoon englands cricketers on day one of the second test against south live, all the sport details at 4 30pm. Africa. The batsmen have struggled to kick on in cape town. They are its live, all the sport been another mixed day for doing 0k, 172 fought for and we will englands its been another mixed day for englands cricketers in south africa tell you why they have banned after choosing to bat in the second darren bett has all the weather. Football at 2 30pm. Test, they have reached 227 for six thanks, ben, and darren bett weve seen more sunshine but it has with 30 minutes left on day one. Been colder. It will turn milder has all the weather. Ill tell you why they are not using over the weekend with more cloud and its been colder but sunnier through football in the warm any more. There is more energy in the thats at 3 30pm. Atmosphere as we move into next today. Mild weather is set to week. More details la