Were happy about. Congratulations for that lets go to the wall and check out where we stand as we set the table for our friday conversation 29,367 for the dow thats 1 . 2 8. S p is just shy of that and the nasdaq is having a pretty good day as are the small caps. Liz young, lets set the investing landscape if we could for our debate youve got virus cases soaring but very promising vaccine news on a number of different front you got the president not conceding but you got biden winning arizona, which gives some more certainty to the transition period, despite the noise and the noise makers, if you will youve got so much pentup demand on the other side of the virus. You know thats going to be the case then you have this battle between value and growth as you all try and figure out where to place your bets for the months ahead. What do we do with all of that what do we do with all that we start with thinking about the time frame its true that through the end of the year, maybe into januar
We are ready to get going even though theres suspense whether we will be in the majority or not which will be answered in georgia on january 5th. We have a member of our team that is brandnew, senator rick scott from florida, i will call on each of my members to take questions and see you again after that. Congratulations to you and members of the Leadership Team, a terrific Leadership Team and a wonderful conference and we have great new members, excited to get to work to take on the challenges, the election made it very clear across the country reject the agenda put forward by the democrats, defund the police movement, the Green New Deal, all those things, clear that voters across this country said we dont want anything to do with that which is why i believe we had winds in the house and why people will support a divided government by giving us the majority in the United States senate so we have a Terrific Team to work with and got our leadership elections done and the team is ready
The big rally yesterday. We had the dow dipping 131 points, s and b backsliding 4. 8 , nasdaq edging down 2. 9 this is a good moment to consider where well be in six months because its controlling a lot of action we see in the stock market so the question is will we go back to the old normal once the pandemic is over or will some aspects of the new normal remain some could be permanent. Real engrained habits. Right now wall street is trying to guess which is which. Remember, the market is a forecasting machine with expectations about the future much more than facts about the present. Thats why i say we dont care where stocks have been, we care where they are going so whats the market saying about the post pandemic economy lets start with the obvious one many missed. Peloton. Im getting right to it. Its incredible how many smart people bet against this maker of smart exercise machines. When covid hit Money Managers figured gyms and spin classes were kaput many tried to crash peloton hol
Sharing demand, david, and today grocery delivery. Yeah, thats what we will be talking to him about of course, was it their second choice is certainly a question we will want to explore and when will the company get to cash flow positive. Remember prior to the pandemic, carl, there had been some important promises made by uber in terms of when they were actually going to get to that point and then of course its all had to change as a result of what theyve seen in their core business which we also will talk about as well. As we take a look, mike, as a market that is going to at least open lower, although certainly unclear whether that will hold incredible momentum yesterday and some of these names, i mean, that we talk about so often, but just this morning, looking at the market caps of amazon at over 1. 5 trillion or tesla at 254 billion it really is quite something. It is, and those are the names, thats the area of the market called secular growth, you know, call it, you know, actuall
Beautiful, thank you so much, ladies and gentlemen. It just lifts the spirits and prepares us for the learning ahead. We are so grateful and honored that you came tonight and grateful to cspan for covering this important discussion about womens suffrage and elizabeth stantons role in it. During these anxious times, as many people are avoiding leaving the home in large public gatherings, its so important to engage in Lifelong Learning and that is why watching cspan is so important. Please also, and friends here as well, use the National Constitution centers virtual online resources to learn about the constitution. We have this spectacular new program called classroom exchanges where we unite classrooms across the country for live discussions about the constitution moderated by judges and master teachers with classes around the country as you look for ways to continue your learning from home. Check out the interactive constitution, pick up provisions of the constitution you dont know abo