Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billion amazon off by 93 billion. This morning, things look a little better. You still have the dow down 150 points right now, it is reverse that up 300 points the nasdaq saw the biggest declines, up 27 points right now. We have to keep that in context a few things in here as well talking to people all day yesterday, here is the list. Youll want to know exactly what happened it was the nasdaqs largest drop you dont go up 400 and down that will be highspeed trading. That would matter until they do. Va
Agenda on the postelection economy, we are joined i larry kudlow, who is very kind to join us from his vacation time. We are thankful for that. He is President Trumps chief economic advisor. Larry, thank you so much for joining us. Mr. Kudlow thank you for having me, ben. Prof. Peterson i will also have a separate ben i will also have a separate conversation with pat mchenry. You can follow along with the h tag rncpolitico. I want to ask you about what President Trump said in 2016 and even before that when he was running for president. He called the stock market a big fat bubble blown up by the fed that was set to explode. I wonder why it is not the same thing now, given the fed is pumping huge amounts of money into the economy. Why is the stock market not a big factor like you said it was in 2016 . Mr. Kudlow it is a completely different situation today than it was in 2016, dealing with the pandemic. And the resulting Economic Contraction permitted getting the pandemic. Premitigating
Economic recession and geopolitical tensions not to mention the small matter of a looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. Day welcome to the stream im josh rushing sitting in for me ok today from my home here in Fairfax Virginia think you for joining me now right off the bat if youre watching on you tube you see that chad over there the box those are those are live get your questions in there will try to get him to me and well try to get him in the show as were going i want to be a part of this with me now today were talking about. A chick kids return to school in the u. S. Now im coming to you from Fairfax Virginia this is one of the 10 Largest School districts in the country all around 190000 students here and i had to make a decision as appeared this week do i want my children or the entire school year either to return to school in person or to do it online and what you
Neither stories have been able to garner much attention often the lack of coverage is just because these stories could be happening or about to happen and munity near you this is why on this weeks news news hughes at 360 of you we ask can bad behavior produce good results. Thank you for joining us i am starting now hughes and i have to be honest with you i am very concerned about what is happening in portland and why we cannot get any sort of resolution you know what to start is out of touch just what is going to bring us up to the latest Portland Police declare an Unlawful Assembly once again late thursday after signs of vandalism and burning down the neighborhood and now the democratic mayor is support. In the police using tear gas after a Police Building was set ablaze. Unrest continues in portland for the 74 straight day protesters being asked to clear the area late thursday. According to police the demonstrators the ties of rebar in the street damage to Police Vehicles but thursda
We were glad to just watch the speaker and hear her say she wants to get a deal and she wants to compromise, because we do agree, legislation is better for the american people. We are very focused on kids and jobs. These are critical issues, despite the fact we had a very good jobs number this morning, there are too many people out of work out for no fault of their own because of this virus. Time is very important. That is why we are here. We have schools getting ready to open, kids that need to be protected as they go back to school. I have reached out between yesterday and today to several democrat governors, several mayors, to understand what the cost of schools are. I will call some republican states. The chief and i, today. We want to make sure the states have enough money to open the schools safely. As you know, we allocated what was in the heroes act and added more money, despite the fact that the democrats would like more money, we are speaking to the states to make sure they h