Matthew whitaker, acting attorney general from november of 2018 through february of 2019, the author of this new book, above the law the inside story of how the Justice Department tried to subvert President Trump. Before we begin with the book, explain how you became the acting attorney general to us. Great first question. I was chief of staff to attorney general Jeff Sessions starting in october of 2017, i did that for 13 months before general sessions resigned abruptly the day after the elections in 2018 and the president appointed me that day, the acting attorney general utterly bridged the gap between Jeff Sessions and william barr. How did you become Jeff Sessionss chief of staff. Were you a friend of his . One of the things i talk about is how i only met Jeff Sessions once before i was selected to be his chief of staff. I interviewed with him and talked to him many times, mutual friend in the white house and at the Federalist Society recommended me to him and his people. We bonde
Record high today, up more than 17 this year. Check out the big tech names hitting fresh alltime highs in todays session, apple, microsoft, facebook, amazon, netflix all marking new highs. Is this headed straight for a giant iceberg, guy [ laughter ] when you read that, you hesitated reading that this is the bubble in my head literally said should i read this or should i skip over it, titanic tech run headed straight for a giant iceberg. I went with it lets go with the metaphor. I am a fan of leo i know you might find this propostrous but leo is a huge fast money fan we should collectively give a shoutout so i was talking to the great dan nathan earlier today and we were just talking about the move in amazon. Amazon is up 3 today. Amazon has added this month which i think today is the 9th of july. Just this month its added almost a quarter of a trillion dollars to its market cap. I think there are only 22 companies in the s p 500 that have a market cap of a quarter of a trillion dollar
Council or Foreign Relations since 2003. Today were here convenes to listen to Richard Haass the prolific author and academic who just came out with yet another book entitled not very ambushesly as he said, slightly ambushesly the world, a brief history in 300 pages. He calls it a little bit of a departure from his previous books. I want to start because it was only after you turned in the manuscript that the world was confront by the covid19 pandemic, and in the roughly two months since that happened, this crisis has highlighted so many of the themes and concepts you tackle in the book. So i wanted to just ask you outright, what does the pandemic tell us about the world right now . Well, thank you, juju, thank you for doing this. Thanks always to everybody on the call. Hope everybody is well and safe as we all get through this one day at a time or as ive said, one groundhog day at a time. What i think the pandemic tells us first and for most is that the world matters. Thats perhaps an
Take something off the table makes sense which is how you got to todays selloff with the dow dumb bli t tumbling and nasdaq tumbling the bear camp cant exist at the sametime there cannot be coexistence with the huge covid outbreak in the sun belt spiraling out of control, bear is in charge so why dont we do this . Let suspend judgment and not use terms about good or bad and take the approach of the fact spin. Awaken america trade has taken a turn for the worse some people expected that. I didnt its a disturbing spike in covid cases across alabama, north carolina, South Carolina and texas. The infection level so high the governors of new jersey, new york and connecticut have taken an unusual action and slapped a 14day quarantine on travelers from these hot spots thats amazing they have more than 35,000 new cases today which is about where these numbers peaked in april. Not good its plain bad news for everything that depends on the economy reopening which is a lot of things. The america
Reopening on hold. The bank of japan is expected to leave policy unchanged later while reassessing measures already taken to help the virus hit economy. Look at how take a markets are doing on boj decision day. We had that ricocheting session in the u. S. Overnight. If you needed further conviction as to the hand the fed intentionally has when it comes to showing up market demand, you have the announcement from the fed really causing that gain back into positive territory after we had declines of more than 2 in that trading session for the s p. Futures are looking positive. About. 25 in the green. We are looking at chicago nikkei futures trading higher by about. 3 . We are expecting just more operational steps from the bank of japan in terms of providing support to Small Businesses to be able to ride out the pandemic slowdown. In sydney, we are looking at a pop at the open. 2. 5 higher when it comes to futures, with indicated upside of two point 5 when the cash trading session begins,