Interesting times michael take us inside the pentagon at a time like this whats the mood there. Well there are still Interesting Times and right now everyones on much greater alert today we just saw this just in the gulf in the persian gulf with the buzzing of u. S. Naval air u. S. Naval ships and so but i also think its a time where countries may start taking advantage because of the focus of the United States on the coronavirus the the breakdown of its of the entire economy and the need to get back to work and and peoples jobs so people are focus inward and meantime other activities are going on were seeing an uptick in syria the israelis have begun intensifying its amins in the in syria against their iranian and as bala targets and were seeing it israel now trying to coax the United States to. Instigate act actions inside of iraq and order to. Get a response from iran and and then we see this action of the of the threats from pump a 0 to ship and the president really to shoot out. T
Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let them run if i was stuck in them, then escape for the stocks well be talking about later in the show. You have to unders
Worked directly with the secretary of defense and what the old chinese curse calls Interesting Times michael take us inside the pentagon at a time like this whats the mood there. Well there are still Interesting Times and right now everyones on much greater alert today we just saw this just in the gulf in the persian gulf with the buzzing of u. S. Naval air u. S. Naval ships and so but i also think its a time where countries may start taking advantage because of the focus of the United States on the coronavirus the the breakdown of its of the entire economy and the need to get back to work and and peoples jobs so people are focus inward and meantime other activities are going on were seeing an uptick in syria the israelis have begun intensifying its amins in the in syria against their iranian and as bala targets and were seeing it israel now trying to coax the United States to. Instigate act actions inside of iraq and order to. Get a response from iran and and then we see this action o
So if you take a look at it youll see its more of a financial thing than in the oil situation. But surely note that month. B. S. E. Huge. Oil that is going to storage right now probably seen quite the bottom. Where we havent. Were going to. Beat oversupply situation with. Many months. I have to say in all seriousness that the collapse in oil prices is a danger for the Global Economy to be there certainly have plenty of oil. Also coming up another victim of the virus but there will be no drowning of tears in beer for 2020 the munich october fest is tapped out. Which is painful for us its a great pity because with many things this is not a normal year and this is. Were going to be the 1st. One to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the unexpected and unintended consequences of battling the coronavirus much about our world at the moment can be described as unexpected almost accidental who would have imagined just a few months
Seen quite the bottom of the oil yet to be aware we havent quite seen. Were going to. Be oversupply situation. Many months. I have to say in all seriousness that the collapse in oil prices is a danger for the Global Economy to. Certainly have plenty of oil. Also coming up another victim of the virus but there will be no drowning of tears in beer for 2020 the munich october fest is tapped out. Which is painful for us its a great pity because with many things this is not a normal year and this is something going to be a year with up to the 1st. And to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the unexpected and unintended consequences of battling the coronavirus much about our world at the moment can be described as unexpected almost accidental who would have imagined just a few months ago that we would all be living in lock downs working from home or losing our jobs altogether our world tonight requires a lot less fuel and energy