Covid surging, fears rising, and rules changing the white house blocked new fda vaccine standards. Tonight, what this means for the safety of you and your family. And road rage. Look at that. What on earth is he doing . What caused this go cart racer to lose it on the track . Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. President trump shut down the longrunning Coronavirus Relief talks in congress this afternoon. That means no stimulus, not now, as millions of americans struggle to pay the bills. Big businesses lay off workers and small ones shutter their doors. No more negotiations in congress until after the election, the president tweeted. The House Speaker nancy pelosi says the announcement shows the white house is in complete disarray, but the Top Republican in the senate, the majority leader, Mitch Mcconnell, has a different take i think his view was that they were not going to produce a result and that we needed t
Lewis did joy spoke with the Economic Club of washington dc about postal club operations. In the handling of mailin ballots. He also talked about the impact of the coronavirus on the workforce. Let me first now go to our special guest the postmaster general lewis did joy. Thank you very much for giving us your time today. Thank you david for having me and i want to thank the Economic Club of washington for paying attention to me. Thank you for attending. You are the 75th postmaster general the first one is behind you i can see. He was the inventor of the Postal Service. You are a native of new york and you went to college in florida in stetson and then you went back to your familys business and you belted up in greensboro North Carolina and built into the Largest Logistics Companies in the United States. You had been very involved in philanthropic alma mater. Thank you for giving us your time today. O let me just ask at the outset when you agreed to be postmaster general did you realiz
Flat theres the s p up a corner. Tech is out performing today steve, i look at the notes from all of you today and sounds like youre growing more and more cautious on where we are and more importantly where you think we could go. I think thats right. My position is simple. Were going to get a vaccine the timing is uncertain. Its not going to be distributed on a mass basis until next year. The election wasnt decided until middecember from election day to middecember, the stock traded down 8. 4 . We have a market on steroids i think you continue to see issues which is really gutting the Technology Sector which has been leading the market. We saw more today. They want to call the ceos from google and facebook down to d. C. Again. That is the current administrations platform. Lets get tough on trade lets get tough on tech. Its been disasterous or could be disasterous Going Forward when you take a look at valuations, you know, theyre very vulnerable here if i could be 1010 club, i probably
Our state since the beginning of the pandemic. Thats 53 new deaths since yesterday. Today, though, California Health officials said that with modifications, nail salons will now be allowed to operate indoors regards of what county here in. We will be working with our counties and our local sector leaders around nail salons. Last month, hair salons and barbershops were given the approval to he reopennen indoors. Nail salons were not included, which outraged now is a long owners. This year this way for more businesses to reopen indoors. Maureen naylor live for us this afternoon with what can open up well, as always, depends on where you live. Alameda, riverside, san mateo, and solano counties all reaching the threshold. Reporter the state announced solano, alameda, and san mateo among five counties moving up a tier. In san mateo, that means church movie theaters can open indoors at 25 capacity. Indoor retail, dining, gyms and personal Care Services can also resume indoors with restrictio
They will offset anything that ipos youpen from the mentioned. Did the work today and power of the top 10 stocks is phenomenal. That translates into the broader index. When you take those cash return yields and compare those, you can make some basic assumptions about the cycles going forward, economic growth, drawing in classic recovery. 3200, 3250. I want to be buying stocks hand over fist. Romaine you have some Great Research year, breaking down these evaluations. Curious, once you get beyond those big cash generators at the top of the market here, we saw this week and lastly, a lot of people buying what would be at the bottom of the market. A lot of those fallen names in the industrial space on the general idea that those valuations were too low and if you are a believer in this recovery, then why shouldnt you be in a fedex for packaging corps. Dennis i would ticket a step further. Of the fed has made it clear that they want real rates to be negative. On an applied basis, if you tak