The faang index down 1. 7 . If you can believe it, from the low in march to the recent high, the faang index up more than 100 . We are seeing healthy consolidation. The question is whether or not there is more to go. If yes, there could be big pressure on the indexes. David i can believe it because i read it in your note. Big tech is one thing. It has gone up a long way, but can it come down without taking the rest of the equities down with us down with it . Abigail very difficult. The reason100, and we have the underperformance toward that index down more than ing 40 of its weight goes to the big tech names. We have chinese stocks week for the third day in a row. Over last month that new york faang index and the big tech stayathome names tracking exactly with the shanghai composite, which you could call a mini bubble. It appears to be bursting. If that is the case, there could be more pain ahead, not just for u. S. Big tech but the overall indexes for the reason youre talking about. T
In that direction but the mayor of san jose says no. We are joined now in san jose with the very latest. Damian. Reporter i should mention that a couple of hours ago San Jose Police announced new restrictions on police use of the socalled rubber bullets. Right now the protesters at city hall are marching through downtown and they will be back shortly. The demand is simple, defund and reform. A call for reform at a local department is now answering the call. The San Jose Police Department Just beened the use of rubber projectiles for the sole purpose of dispersing crowds and now can only use them when an officer is being attacked or there is an imminent threat to officers or protesters themselves. I absolutely think we need to do something overall. From the communities around the country and every Police Department in the country should be thinking about reform. There is one demand the mayor said is a nonstarter, the growing call to defund Police Departments. In San Francisco the mayor
President to learn more about president and order your copy today wherever books and ebooksare sold. Now on book tv like to highlight them programs from our archives political satirist p. J. Orourke. Over the past 20 years hes appeared on tv posted 20 times. First up in 2007 when our monthly call in program in that. He discussed his politics, writing and why uses humor to address political andsocial issues. This picture on the left, is that a real picture mark. Oh yeah. Not only area that was i would guess 71. Not quite positive. Floor your politics in 1971. I think a martian left. That would be the easiest way to sum it up. I was a leftwinger but i didnt make enough sense to actually be a communist or a trotskyite or anything like that. And the transformation of her it was gradual. The place and back i do about this. There is a book coming out from the huber institution. I was a radical leftist, very much in favor of some sort of marxist socialist thing in america. I got a job. I got
I think that a martian left would be the easiest way to sum it up. I was a leftwing but it didnt make enough sense to be. Host when did the transformation occur . Guest i just wrote about this. There is a book coming out from the Hoover Institution that is acting as called why i turned right and its the story of a bunch of us and it is a long story and i will not tell it that i will give the short version. I was a radical leftist 150 a week was a lot of money as far as i was concerned in the Lower East Side and i was very broke. We got paid every two weeks. I was really looking forward to the 300 so was my landlord. I got my first paycheck at 78 or Something Like that. After federal tax and estate tax and the city tax and social security, health care, Retirement Funds i said wait a minute, wait a minute, ive been advocating socialism, communism for years screaming and yelling down the street and we already have it. They just took half my pay. Whats going on here. Im not rockefeller. Th