This is boom bust the one business show you care to afford to miss im french born washington coming up. This is i did a study die for stranded australia is feeling the strain of the democrats the island nation enters its 1st recession in 30 years well break down the state of oceanas largest economy plus a major new normal of Home Delivery in the times of co but amazon has won approval to blaze a new trail in the sector later on we look into the new age of aerial delivery and what this could mean for the future of Home Shopping the packed show today so lets dive right in. And we lead the program with worrisome Economic News out of australia as the nation suffered its worst quarterly drop in g. D. P. On record entering its 1st recession in nearly 30 years. Our record run of 28 consecutive years of Economic Growth has now officially come to an end the cause a once in a century pandemic. The effect of a covert 19 induced recession. Real g. D. P. Fill in the june quarter by 7 percent. The l
Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the Biden Harris Sanders ticket. Its the most progressive t campaign of any Political Party in recent history. Tonight, alexandria ocasiocortez will be a featured speaker. We heard fr
Of the Newyork Historical Society top of the articles in the joint publication. A civil war in 50. Objects they risks they discuss objects civil war technicality, includings will secret war codes. The new york Historical Society provided the video. So harold, weve been talking in the series about the power of objects being touchstones and historical event, being conduits to understanding the past. Its a thrill and extort a experience being historian in new york historian and working along these treasures and using them in my exhibitions. Lets talk about a second for the inspiration for this program a civil war in 50 objects. I can 50 objects tells such a sweeping . Story we so after cells that question often when we were whittling down the list and it was so much to choose from. I guess the way we did it as i recall, his first we discussed the medium of the object. We wanted, photographs paintings, objects, relics and then we wanted to represent every year of the civil war. First year
With you. Really . The judge how are you . Are you said what have you got . Do you have like chambers there or like, what are you equipped to do if push comes to shove today. You have what do you have at home what have you got. And report on what we report on. Am i the only one. I filled in i filled in recently for a full week and they didnt play the theme music a single time. Hopefully they can make up for it today we didnt hear about it we started having fun. We nip that in the bud pretty quickly. Oh, this is you. Im sorry this is you. So you got that going. Im glad i got up this morning. Lets take a look at equity futures. We try to get a new record on the s p 500. Well see what we can get over the top there. Treasury yields on the rise as of late. 25 last week alone. Theres the ten year not doing too much not all that long ago. We have seen rates starting there and stocks have been on the move well see that new record on the s p this morning. The amount of money were sprinting, i d
Technology. This conversation took place on line due to the coronavirus pandemic and the New York Historical society provided the video. Harold, weve been talking in this series about the power of objects to be touchstones of historical events, to be con duties for understanding the past. Its a thrill and an extraordinary experience to be a historian at New York Historical where i work alongside these treasures and use them in my exhibitions. Lets talk for a second about the inspiration for this program, the book civil war in 50 objects. How can 50 objects tell such a sweeping story . We used to ask ourselves that question often when we were whittling down the list and there was so much to choose from. The way we did it, as i recall, is first we discussed the medium of the object, we wanted photographs, paintings, documents, relics, and then we wanted to represent every year of the civil war. First the year leading up to it and then 1861, 2, 3, 4, 5. By the time we shifted through the