To buy the dip should you hold onto what you have in terms of technology or should you get out of some of names you have ridden up or wondering what to do i ask you through the prism of selling slack on august 25th and then adding to crowd strike this week and what that says about how you view that question one of my favorite sayings about being a Market Participant is if you dont know who you are, the stock market is a very expensive place the find out i know who i am. Its taken me a long time to get here i understand the way that my mind works in both bull markets and bear and bear markets. I understand the things i have to correct for the biases i have to overcome. I cant get rid of them. People dont really change they get smarter but they dont change theres two ways tho think abou your question. Here is a stock thats 400 chair. Down 18 from a recent high. You watch it the whole way up kicking yourself that you dont own it one of the hardest hit names a of the last week or so, if yo
Could take the stock to new heights. We hell join us as power lunch begins right now thank you. Its been a whip saw day for the markets with the nasdaq up nearly 1. 5 before turning negative bob will break down the wild swin swings for us. Bob. Its been a choppy trading day. Most of the stocks were up early o on thats the lows for the day for do docusign as well still trying to figure out what they want to do. They are figuring out, its hard to figure out what the right price is look at the things buffeting Technology Stocks that everybody has to figure out. We have accelerated revenues thats great news. All the work from home stuff we have stimulus with fed all in thats good news the reopening nar tirative is positive thats good news we have the momentum plays like the robin hohood people involved the traders get confused on whats the right price whats the right multiple with all this stuff going on. Look at this in the last seven or eight trading sessions, docusign has swung from a h
You the same question a you or d an l because that will really dictate what kind of policy is necessary to get out of this lump go ahead ben. Well i think policy has a lot lou with what type of shape it is so right now were in a flat line and its because we have shutdown orders that are essentially telling people not produce so the question is when shutdown orders are lifted what the normal Economic Activity and recovery look like and i dont think it looks like a b. Because that would imply that were going back to the economic world we all lived in at the start of the year but the virus is still going to be with us so opening back up means taking account of that and weighing that in our economic transactions so restaurants working at half capacity or a 3rd capacity whatever customer is an entrepreneurs the state airlines that much less than capacity all of these things dont abide by bouncing back to where we were no i think whats important is that we dont have dumb Government Policies
Waters. I got those are your headlines of one of those stories you can go to r t dot com for more information right now stay tuned for more great programming this is our international. Hello and welcome to cross talk were all Things Considered im Peter Lavelle with good reason Public Discourse is focused on addressing and finally containing the code 19 pandemic the focus is on devastated economies were in a recession will it morph into a depression will the recovery be you. Know. Crosstalk economic recovery im joined by my guest Benjamin Kyle in lubbock he is the director of the Free Market Institute a professor of economics at Texas Tech University as well as the senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geo political analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st year time i sai
Company, a maker of health and Beauty Products recently bought by procter gamble. Iman abuzeid, founder and ceo of incredible health, a hiring platform for nurses. Chris bennett, the founder and ceo of a preschool and childcare network, wonderschool. Kin, thephanie lam founder and ceo of blendor, a maker of software that helps Companies Manage and fight bias. Thank you all for taking the time to do this. I am so happy to have you all here. Thanks for having us. Glad to be here. Emily obviously its been an emotional last few months and i want to know, how have you been experiencing the latest momentum behind the black lives Matter Movement . Tristan the thing i like to tell our people is in moments like this, three things are critical. First, a forceful acknowledgment of the trauma we are all facing, whether it be emotional or physical, over these last 400 years, frankly. Second, the idea of modeling the way. Really being in line with the values we have and picking a side. That is somet