Moderna says its vaccine is nearly 95 effective moderna up 9 , 10 right now while the other vaccine stocks are actually dipping we are awaiting president elect bide wren to give remarks about state of the economy after meeting with top Business Leaders and ceos today well get you there when it happens as power lunch starts right now. Thank you, ty. The dow was soaring to alltime highs, just shy of 30,000 today. All signs pointing to a continued rally except for one, a very important one lets go to bob pisani for more on that. Bob . We are seeing that moderna is helping the market overall and continuing a trend that we saw for the last really week and a half lets take a look at the sectors here the story is valuelike banks and Energy Stocks has been outperforming growth areas Like Technology for example nen weve seen cyclical sectors like industrials, for example. Generally outperforming defensive sectors like consumer staples. Generally small caps have been outperforming big caps in is
You can do so by clicking on the q a icon at the bottom of the stream. The chat function will also built the active in that column youll find a link for purchasing the copy of the new book that evan has just written entitled joe biden. Evan is one of the most talented journalist of his generation. At the first part of his career overseas, will see the first of the Chicago Tribune which he joined shortly after graduated from harvard in which three years later was sent to the middle as to report to iraq and other countries. Next he went to china for the trip, the 2008 shared a Pulitzer Prize for investigative reporting. That you rejoin the new yorker, stayed in china for several more years before moving to washington where he has been covering politics and foreign affairs. An excellent book about china, age of ambition when the 2014 National Book award and was a finalist for the 2015 Pulitzer Prize. This new book is adapted from occasional series of new yorker articles he has written ove
Can you describe the scene . Susie sherbet personal thank you for having me. There is no sense of this one you have to remember is trump did not come as a bolt out of the blue. Even taking for years is running for president. He was not quite sure how it he did not have an identity sometimes he was a democrat sometimes he was a republican sometimes he is an independent. By 2012 he was getting serious about it. And david is a conservative activist, hardline conservative activists was a friend of donald trump and he decided to talk to him about running for president. They took his friend steve bannon who did not know donald trump at that point to new york to eat meeting at trump tower to talk about the possibility of donald trump running as an outsider how would he do it . David bossi sits down with steve bannon and donald trump that heres the way you run it the traditional reagan republican. Which is the way almost all republicans ran at that point. Steve bannon speaks up and says someth
Later, more about the state of Small Business, a guest, Amanda Ballantyne from the main Street Alliance. You are watching washington journal. We will be right back. Top nonfiction books and authors every weekend. President former barack obama on his life and political career in his newly released memoir. Sunday open markets Institute Director and her book, seven ways for corporations rule your life and how to take back control, interviewed by a Bloomberg News reporter. And a former appellate judge and book,ofessor and his examining the constitution through the eyes of judges and legal scholars and historians. Weekend ontv this cspan2. Washington journal continues. Host joining us now is john hudak, author of this book marijuana, a short history. Talking here about Marijuana Legalization here. Good morning. Election day featured some more news, several states there active in the area of legalizing Recreational Marijuana. Give us a sketch of what happened. Guest four states had adult use
Uneventful and it looks like for the week ahead as well theres a live shot coming in from the golden gate as you will notice not much the way of fog going on this morning live shot to from u c berkeley, heres the east bay shoreline as well. Nice you as you can see of the bay itself as well now stormtracker 4 notice some of that cloud cover the southwest of us from our perspective that will be this afternoons for some variable clouds will call attempts for you still chilly up there in the north bay just graduated before your eyes at 34 31 for santa rosa and napa meanwhile east bay shoreline is in the middle 40s, although fremont a chilly 3940 san jose and we are but colder this morning that we were just 24 hours ago, well catch up a little bit this afternoon look ahead noting those afternoon clouds temperatures somewhat controlled in the lower 60s but well see probably some upper 60s for highs getting into your highs and checking and the rest your weekend forecast in a bit party, ok, da