But we begin with what we think are the three most important things investors should be thinking right now. The u. S. Stock market plunged this past thursday and swung wildly on friday. Was it just a hiccup or a sign to take profits . Big banks are weathering the economic downturn better than feared. Why its time to size up their shares. And billionaire Warren Buffett just went on a shopping spree for stocks in japan. How u. S. Investors can follow his lead. On the barrons roundtable, my colleague, ben levisohn, carlton english and al root. Ben, the stock market actually fell late this past week. I had forgotten it can do that sort of thing. What happened and how worried should i be . Well, ask three wall street strategists, and youre going to get at least five different answers about why stocks fell. But really this had to happen. Stocks just had an amazing august led by tech stocks. They just kept going up and up and up, and they started september the same way. And it needed a cleans
Were condemned by much of the media. But it turns out not only did they keep vital Economic Activity moving, they also seem to have been able to get the virus under control. Its clear the economy now has real momentum. The wave of covid cases that we saw over the summer waning, and people are getting back to work. But some local and astronaut leaders seem determined to keep people from resuming normal life. Here in new york city, for example, restaurants and bars are still closed for Indoor Dining despite the fact that covid cases have been minimal for months. Much more damage has been done to the economy than was necessary given the actual threat from the virus. Later in the show well be talking to an investor whos done some Detailed Research on the impact of lockdowns and other measures imposed by authorities and who finds, that, for the most part, theyve been no effect at all on the spread of the virus. But, first, the other big news of the week continued to be the unrest in America
Nailed it. This ad brought to you by the steve from rockefeller Trump Campaign for nonself center in the heart of conflicting messages new york city, its the tonight show starring jimmy seth meyers, thank you, women for trump bus, for looking like an Optional Accessory you can buy for jimmy its hard to altright blogger barbie understand david blaine well, even though trumps spending his time calling into musical guest, burna boy fox, im sure his administration is focused on the important issues facing our and featuring the legendary nation, right . Roots crew the Trump Administration wants to change the definition of a shower head to let more water flow and now here is your host, jimmy fallon thank you, shark week in 2020, President Trump talked about the need to keep his hair for somehow managing to make tv perfect and complained multiple times that he was not getting shows about deadly shark wet enough attacks feel like a relaxing escape [ laughter ] jimmy wow. Thank you, study that
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Experience, to be honest with you. Like, if you dont want to be irritated or you get easily irritated, please do not watch the Republican National convention. If your Mental Health is right on the edge of you going crazy, do not watch the Republican National convention. If you got high blood pressure, please, do not watch, it is way too much going on there. First of all, donald trump has his whole family speaking. Like i didnt even know Tiffany Trump existed. I dont even know what she does for real. But she was speaking at this convention, and this is so weird. It is so many random speakers. One of the speakers, and its not necessarily random, but yeah, it is random, i will say that. Last year, there was a group of protesters at the washington monument, an elder nativeamerican and a faceoff between him and this young maga kid, you know, maga is make America Great again. He had his red hat on, making that weird smirk on his face, like a little jerk, like this is crazy, and that hat, man