Good to be back with you. You did mention very important piece, which is davids piece and hes a friend of the show. Talking last night i was reading it and thinking can we really go higher he has a piece that says we will blast higher that will be something that i think a lot of people would be suspect, little critical of because were going right into the election he doesnt seem to mind that davids work is high quality and i just really think that he is just saying, it is time. And wouldnt that be something if we have a big, big move here. Its fascinating. He does say, jim, as you point out, the election does remain a risk but 3,600 year end and 3,800 in 12 months is a 6 gain and earnings estimate, jim, for next year 170. I mean, i remember when they thought 150 might be a risk. I just have to tell you, i wish everyone could get goldmans research i was fortunate enough to get that piece because it is a very logical piece because how there are many parts of the economy that are good. Th
Test captions Copyright National cable satellite corp. 2008 some democrats were perfectly willing to have integration in the north as long as they could preserve segregation in the south, going back to the time of slavery, never a dispute whether it could be prohibited in the north, we had border state problems in missouri and kansas, but the north was free to integrate as long as is the south could preserve segregation. That doesnt explain the housing issue. The other reason i think is that well i guess its not really an answer to your question why they did it, why its so hard to think about this problem, and that is we desegregated formally every area of American Life but when we desegregate busses the next day africanamericans can sit anywhere on the bus, desegregated lunch counters and the next day africanamericans could sit down at the lunch counters. We desegregated schools and the next day, but we desegregate neighborhoods what happens . How do we put our heads around what were
Forgive me here, and the people that help me here in this room today. Okay, so, the truth is that orgins of this lecture at the university of texas when i was a law student. It appears in passing, looking at the fleeting invocations of the phan fmanife there is more frequently than it has been read. It is marked as being recast dominant understanding. Closely crosssuit niced opin n closely skroout scrutinized. Precious little has been paid to the opposition brown. That is mistaken in my view because a close examination of what tiply to read segregationists as being enraged unsophisticated bumpkins. Many senators in congress dm demonstrated they would be more legally sophisticated than is appreciated. Here is what i will do in my next little bit of time here. I will focus on the text because it is so misremembered as to what the document says and then im going to step back and try to place it in context. Part of the way that one needs to do that is what parts did not show up. Thinking a
Dow hit its alltime high of 29,568, just 16 trading days later its down 3,400 points. Keep a little perspective here. Yeah, thats a big and rapid drop, but were not at this point in a bear market. We are going to open down 700 for the dow, 80 odd for the s p, 270 for the nasdaq. Its a friday. Remember that. Its important. There will be some reluctance to hold stocks over the weekend because you simply dont know what virus headlines will greet you come monday morning. Now, heres some positive news on the economy, which is having no effect on the market. 273,000 new jobs added last month. A blockbuster report. But that report looks backward. The stock market looks forward. Larry kudlow will be addressing this coming up on the show today. And we expect to hear from President Trump shortly. Last night at his town hall on fox, he had a calm demeanor and on the virus he said we have plans for every single possibility. The campaign trail. Elizabeth warren has not yet thrown her support behind
Amy europe is the epicenter of the coronavirus. Spain has now thehe second most cases in europe following italy. Spspain had more than 2000 new cases in the last 24 hours and hasnumber of deaths doubled. We will go to madrid for an update. In San Francisco takes the most severe measures in the United States in response to covid19, telling its 7 million residents to shelter i in place. We will go inside the bay area same quinton state prison where two prison blacks are under partial quarantine. We will speak with incarcerated journalist j Juan Moreno Haines. We are well awaware of whatas happening outside the walls abstain quinton, so now when w w house,is coronavirus and worldwide, there is a natural anxiety that exists over here about what is going to happen to us when the public brings this illness to us. Amy with 2. 3 Million People locked in u. S. Prisons and jails, the u. S. Has the largest proportional prison population in the world. Then to seattle to meet a 17yearold boy behind