Discussion on election 2020 and its implications for u. S. Foreign policy. Obviously over the weekend there have been rapid developments theres now a president elect joe biden after a tumultuous days for everyone and an election that was pretty close for many days, but now looks like we have a clear a clear winner. So we have a terrific panel this morning to discuss not so much the election, but really looking forward to next year to see what the implications are for u. S. Foreign policy for International Order and to pars maybe some of the nuances of last week and what they may mean, particularly the fact that trumpism is alive and well even though the president did not receive a second term and that the senate could be in the hands of republicans. We have eric edelman, practitioner in residence of johns hopkins. And a nonsenior fellow at brookings, and the important china center. Tamara, a senior fellow at center for middle east policy at Brookings Institution and victoria noonen, no
Day. Pete, i come to you. Jpmorgan the quarter was good Loan Loss Provisions were surprisingly good. The commentary today is a surprising show of coronavirus resilience thats what i just read. Why is the stock down . You know, initially it had a nice pop to the up side, scott i think people step back and say the financials, we need to hear a lot more about what theyre going to be able to do at some point in time thats outside of the trading spot because thats another area the Loan Loss Provisions, you just brought that up but how about the trading numbers . The trading numbers are outrageous for them and for citi that is an area we expected to be strong. It was Even Stronger than expected but theres more to the bank than that. I think thats what were going to be struggling with for a while with these financials. And when you look across just about every name, scott, other than Something Like a black rock, asset manager. When you look at the banks and the financial world there, they jus
Loathe last nights debate, you know who loved it . The stock market which is why the dow surged 329 points today and nasdaq advanced 4. 7 what did the candidates say that got wall street so excited honestly, its more about what they didnt say, a lot of investors were worried trump and biden would try to score points. These companies if you dont plan to do anything about them not this time. When the candidates lay off the health care sector, the stocks roar one of my favs runs government sponsored health plan and does it better than anybody guess what happened . Stocks zoomed 4 . Anthem, cigna, united health, even cvs managed to rally. My trust owns it follow along by joining the actionalertsplus. Com club. Its been awful. Own your mistakes. We just bought more. 3. 4 yield i have parsed every word of that debate that was hard if you read the transcripts, it was bad. Chris wallace often picked on who told the president quote you in the course of these four years have never come up with a
First, our top story, google agreeing to buy fitbit for 2. 1 billion in cash. The fitness tracking Device Company jumped on the news. I am joined by garrett divina. What does fitbit know about hardware and software and health that google doesnt . Gerrit a good question. Google has been rumored about talking about a smartwatch. But the operating system has been a collapsed and is not as has been eclipsed by competitors. And is not as popular as android. What they are doing is saying lets buy fitbit and build our business from that. Taylor fitbit is seeing its third annual year of sales decline. Why is it an attractive choice . Gerrit its one of the few choices, im not sure attractiveness is what is going on. As you said, they have been in decline, they struggled as apple came out with the apple watch and can do things a lot of fitbit devices cannot. The price was a premium for fitbit that it is still cheaper than when it went public several years ago. It is a small amount of money for g
Launches. Tv googleour top story, agreeing to buy fitbit for 2. 1 billion in cash. Taylor San Francisco blockchain the fitness tracking Device Company jumped on the news. Will week is wrapping up. Divina. Ned by garrett there is still a lot of skepticism around the world what does fitbit know about about blockchain and cryptocurrencies. Here to break it all down and hardware and software and health that google doesnt . Tell us all about it is the garrett a good question. Firms head of research. Google has been rumored about yourt to talk about what talking about a smartwatch. Firm is. On your website you have it very clear picture of solving the scaling issues of going and the but the operating system has been a collapsed and is not as Security Issues is that how you popular as android. What they are doing is saying lets buy fitbit and double our business from that and build our business from that. Fitbit is seeing its third annual year of sales decline. Why is it an attractive choice