Happening here. We continue with this outperformance from the small caps. We continue with this rotation. Abigail we do, and today is relatively subtle. The outperformance came from energy and financials, which at the end of the day finished higher. Today we are once again seeing movement into the cyclical sectors even though the s p 500 on the surface is basically flat. The nasdaq 100 is lower. You were mentioning the small caps. The russell out another alltime high on the day. You again have investors moving to small caps, value, the cyclical sectors. Theres the financials. Industrials, energy, real estate can materials, all of the sectors in green are the growth and cyclical sectors. On bottom, you have tech and communication services. It is pretty interesting because tech is really being weighed on by apple right now, and they have cut their developer fees by to 15 from 30 . That is a pretty decent chunk of revenue in the past fiscal year, 1 3 of it to those apt of elements. That i
Level as the controversy continues. President biden met with his Economic Team at the white house today, the administration has not yet said much on the controversy only saying talk to the sec and the feds are monitoring the situation. Strong backlash by some lawmakers including alexandria ocasiocortez and republican ted cruz. Republican senator josh hawley talked about this on fox news earlier. What youve seen with this gamestop meltdown that wall street is having now is these folks at home have got more criticism and more scrutiny than the people who singlehandedly crash the entire Financial Market in 2008. And they got bailed out, the government bailed out those people. It shows you that the fix is in. John White House Correspondent Kristin Fisher picks up reporting for us on this friday live on the north lawn. For the third day in a row, the white house is declining to weigh in on this controversy that has consumed both wall street and main street. The White House Press secretary w
And he argues that president lincoln was against slavery, but was willing to accept it in order to preserve the union. This is an hour and a half, hosted by the New York Historical society and the bryant park reading room. Thank you alex castle and paul room arrow. And thanks to the Bryant Park Corporation and the bryant park reading room, and the hsbc corporation and all those who have made it possible for me to appear here tonight. Its a particular privilege to speak here in new york city. Already, in 1860, as it remains today, new york was the nerve center of the nation. The herald, the tribune, the times, the three most influential and widely read newspapers in the United States, were publish right here. Each provides the historian with a wealth of insights, and each informs my presentation tonight. Here is what i am going to talk about. I focus on the fateful series of events in late 1860, and early 1861, when a president ial election triggered a grave crisis, and before long, a c
Ronen absent. Safai absent. We have corium. Thank you madam clerk. Do you have any announcements . Gentlemyes, i would like to announcement about Public Comment. Please proceed. Public comment will be available for each item via telephone by calling 8882045987 and the access code is on the screen. Dial 10 to speak. Each call will be allowed 2 minutes. Calls will be taken in the order which they are received. Best practices are to speak slowly, clearly, and turn down the volume of anything around you. That completes my announcement. Thank you, could use please read the next item. Sorry, this is commissioner ronen. I can sort of hear you. Did you hear me when i said i was here. Now we can hear you, see you, and you are counted present. Good morning commissioner ronen. I think were just missing commissioner safai. With that, could use please read the second item madam clerk. Yes, item two, chairs report. This is an information item. Good morning chair peskin, vice chair mandelman and comm
European commission did today what it was expected to do they launch infringement proceedings against london and it was a clear signal saying that they are not willing to play. Londons game that they are ready to negotiate but at the same time that they are not ready to to adopt what the game or to to do what london is demanding and of course the European Union understands the boards jonsons by raising the stakes hes trying to put to increase the pressure on the European Union to agree to his conditions but i think also that start to say that the European Union that britain needs to deal more than the p. N. Union does and that its why brussels wants to continue the negotiations from a position of strength a bigger to seems like a very dicey approach that the u. K. Has taken to mean this is such a decisive phase in the Divorce Proceedings the british leadership prepared to walk away with no deal. Well certainly theyre trying. To explain that trying for it to look that way however we als