Living on their farms. They begin moving other places looking for new land to live on. People were in dire straits. Wasof the worst hit areas agriculture. A Program Began under one of the advisors to president franklin theevelt to document conditions under which people. Ere living this is when we didnt have television. Of folksdio but a lot did not have electricity. They sent out photographers to take pictures of what was happening and they put these pictures into newspapers whenever they could and into magazines and trade journals and things like that. It was difficult to get newspapers to accept these photographs because nobody wanted to face up to what was happening, but lori stryker who was an economist from Columbia University was really persistent. He was the head of this project and went to newspaper offices, contacted newspaper people, magazine people and pushed and pushed against these pictures to get them published and out to the public so they could see what was happening. E
More federal funding . I will ask trump Economic Advisor steve moore. President trump to take center stage again as the Coronavirus Task briefings are back. They are back this afternoon. Well give you a preview what the white house what they look like. All that and much more on making money. [. Charles market continues to sort of seesaw back and forth one day, next day, growth, value. Latter in the drivers seat at the expense of the former. Ahead of Earnings Release that finally get the entire market in sync. The winning column is beginning to broaden out. There is still a lot of cash on the sidelines. Names that have not popped. A lot of them in the starting blocks. I will bring in three of my favorites that are breaking out. David nelson, Divine Capital ceo dani hughes, key advisor group, coowner, eddie ghabour. Eddie, value on fire getting help with earnings. We see important things. Ibm cloud. Digitization, samestore sales up 730 but online stuff 70 but online stuff up 200 . Can on
Simonetti with the markets quite a day on the markets. Lauren doing fast math i think the swing is 830 points. Volatility is back. Nasdaq not quite positive for the year but close. Nasdaq choppy session, up 1. 1 in the end. The dow was down as many as 458 points, as near nearly three million americans filed for Unemployment Benefits to the two month total, 36 1 2 americans out of work. The market started popping when President Trump said a Covid Vaccine is likely by the end of the year. The dow up today for the first time in four days. The pharmaceutical industry however, more cautious when it comes to a vaccine. The novartis ceo says most likely well not have one until middle of next year. Sanofi amending the pretty convertal comments that the company u. S. Would receive the vaccine first. The company now says it would be available to all countries at the same time. Some pharmaceuticals were down today. Oil closing at near six week high. Look at that 27. 59. The banks surging really l
And to know your objective, you have to know what your core values are. So, what is the republican position on covid relief . Is there some consensus within the party on what that Relief Package should look like . And who exactly is doing the negotiating for the republicans . It is becoming increasingly clear that republicans do not always speak the same language and sometimes there is no one directing the choir. Take the issue of stimulus checks. Some conservatives argue, yes, there are people in need and yes they deserve help. But that is not the role of the federal government. It is a minority position, for sure, but it is in fact a position of some conservatives. I think the better position is federal and state governments essentially took income and jobs and opportunities in an effort to control the pandemic. And by took, i mean under the takings clause of the constitution. Jobs, income, opportunity were taken in an effort to control the virus. And we understand why government too
Mistaken, the foghorn buddy . I will have to check. Foghorn boogie . We do have low clouds in place, 40s and 50s on temperatures, it will be cooler as the fog bank has a pretty good wrapup, inland 70s but the coastal bay getting into the 50s now and off to the 60s. Cell sal is here now. Amazingly it looks like a normal day. People on the road, some people may be avoiding transit and taking a car, that is my educated guess, ridership on the transit is down but, the traffic here looks about normal at the bay bridge which is to say 10 minutes 50 minutes for a delay north and south looking okay, no trouble getting to the airport, highway 4 slow, so is the 680, i noticed that slow traffic along the same corridors for Park Services are available on some of the other areas, we dive into that a little more in just a few months. Now lets go back to the desk. More breaking news, the market had a very tough morning, so much so they actually halted trading out of the gate and is reopened, actually