Event with Nicholson Baker, joining the conversation by christopher. Thank you for joining us tonight. Harvard bookstore continues to bring authors to our community and new digital community. As always, our events scheduled also appears on our website at harvard. Com events where you can sign up for email news letter. This evenings discussion will conclude with questions and if you have any questions, click on q a bottom. In the chat i will be posting a link to purchase and donate and support series in the store. Your purchases an contributions make tonight possible. Thank you so much for showing up and tuning in support of authors at Harvard Bookstore. We appreciate your support now and always. As you may have experienced in virtual gatherings the last few weeks, months, technical issues may arise. [laughter] if they do, we will do our best to resolve them quickly and we thank you for your patience and understanding. And now im so pleased to introduce tonights speakers, Nicholson Bake
Growth rate and job creation, now if you put the fed statement and higher jobless claims together, thats whats pushing stock prices down this morning. Look at it. The dow is off about 100, s p 60, nasdaq about 31, more on that in a second. All right, did you watch night 3 of the Democrats Convention . It was hate trump night. Speaker after speaker layed into the president in personal terms. He gets the blame for everything. Seems to me like the democrats have not gotten over their loss 4 years ago. The president was live tweeting all the way through. We will show you both sides of this, of course, but seems to me like all of the democrats have is hate trump. Varney company is about to begin. Stuart look at the red ink on the markets, first of all, down across the board but not that much. Lets get right at it. Larry kudlow, director of Economic Council at the white house. Larry, negatives this morning. More than 1. 1 million jobless claims, the fed says the virus is hurting growth, back
Inperson classes. And no deal yet as the automaker takes a test drive with automaker elon musk. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening and welcome wherever you are watching hope you have a good tuesday here is how the markets are setting up the day futures are down nasdaq ended up losing over 4 late last week and it could be more today look at that, nasdaq futures are down 253 points. Remember, what we have seen happen, when futures really begin trading, always tends to accelerate we cant say that will happen today but that has been the trend. Nasdaq futures are down significantly. That is not a good look in the Technology Part of the markets which controls the entire stock market snapping a fiveweek winning streak as investors learned that soft bank was a big driver placing multimillion dollar bets on the Options Market. Despite what is happening right now, goldman sach thinks so. Advising clients to keep their faith in Technology Stocks unl
Im coming to you from the occupied lands of the free fire confederacy. On behalf of everyone involved in this event we want to acknowledge the original keepers of the lands that we are on an Indigenous People living here today as we stand in solidarity with their ongoing strugglefor sovereignty and selfdetermination. Before i introduce doctor benjamin and doctor robert i want to thank the organizer of this teach in, haymarket books area now more than ever is critical we support independent publishers and independent bookstores you can do this in three ways. By buying books from haymarket and other publishers directly. Second by joining the haymarket books club and third if you are in a position to make a donation no matter how small the then low, there will be a card on the screen about how to do this and there will be folks posting information in the youtube chat. We really appreciate any donations. The video, this video will be recorded and afterwards it will be shared on the haymark
Face, quote public and private pain after choosing to exclude huawei from the roll out the treasury surges and jamie dimon says the future path is uncertain. We dont know we are very clear, i think, you will have a much more difficult economic environment Going Forward than you had in may and june good morning. Welcome to street signs. I want to take you to some of the market action. As we opened up, we were very strong very little in the way of red ink. More moving on to the charts, it has been an interesting section as we we up the potential for another vaccine for the coronavirus very mixed reports from profit hit of covid19 and the lockdowns and some of the outcome it has been a mixed bag as we rake through the earnings from telecommunication and luxury weve seen a lot of provisioning this morning, trading higher by three quarters of a perfect. You can see how it translates across the core markets. The ftse in the uk is. 8 in the green. Decent outpacing german stocks today. Weve gi