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Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National EconomicCouncil Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and mo ....
Promising results from both of them. Later, we are expecting news from astrazeneca, thats a british company. They are going to announce the results of their phase 1 trials of a covid vaccine. Now, positive news on a vaccine usually moves the market. It certainly did last week, and i think its helping futures this morning, too. There is news on a new stimulus plan. The president says he would not approve any plan that did not include a payroll tax cut. All right. Now look at the market. It has turned around. Earlier today we were way on the down side. But now we have moved to the upside i think its on the strength of this vaccine news. The dow held to the 26, 600 level last week. 8,000 points above where it was when President Trump won election. By the way, a new the Washington Post abc news poll showed joe biden with a 15point lead, 5540. This is 106 days before the novembe ....
Marketplace and outside the dynamic to bring that into the market so they can be sold as well and the famous historian wrote about the basic mechanisms of industrial capitalism and the idea was human activity the things that people did every day for that marketplace made it possible for labor to be sold and that wage labor was possible at all the things that became the hallmark of modernity and in a similar way nature was subordinated to the dynamic and reborn as real estate on land. So fast forward one century at the beginning of the 21st century surveillance capitalism was invented, the insight was we take Human Experience specifically private Human Experience and we can bring that into the marketplace to be sold as behavioral data. We are coming into this space private experience uninvited. We are doing that typically in ways that are secret and designed to evade aware ....
Host is so good to see you. Is so good to be here. I love the book is incredibly important the basic question in the first section of the book what is surveillance . What is your definition . Lets start with that. Back up a little bit and give a tiny bit of context has long been understood that in the history of capitalism the key way that capitalism evolves is by taking things that live outside the marketplace and outside the Market Dynamic to bring that into the market and as a state same historian wrote about the basic mechanisms of industrial capitalism and the idea was human activity that was claimed for the marketplace that made it possible for labor to be controlled and to be bought and factory work in all of those that became the hallmark of modernity and was reborn as real estate or early and so lets fastforward a century not the beginning of the 21st centur century, the insight was capitalism was invented we could take < ....
Now. Its friday, im free again. I got my motor running for a wild weekend. Its finally friday. Im out of control. Get thforget the workingbluess roll. Lauren good morning. I know. Ashley friday, friday, friday. Lauren sigh of relief. I was off yesterday. Happy friday, welcome to fbn a. M. Im lauren simonetti. Ashley good morning, im ashley webster, in for cheryl casone. Lets take a look at how your money is moving as we round out the week. Lets take a look at the futures. Well, more red on the screen, selloff yesterday, dow jones and the futures down 110, s p and nasdaq down about half a percent. Lauren lets take a look at commodities this morning. The gold flight to safety is at 1636 an ounce, a gain of 1 . Oil prices down about 1 andahalf percent, 5302 a barrel. Ashley stocks in china higher after chinese officials said work is resuming in parts of the country. The rest of asia as you can he see, lower, the nikkei, hang seng and kospi in south korea a down on this friday. Lauren a ri ....