This week. Many center thickens are rejecting the white house proposal for a deal. There is regime change in the air. Economic policy that is edging out central bankers potentially. The focus on fiscal policy has been front and center in the fight against covid. This aid is important as Companies Like American Airlines , allstate, disney cut jobs. The shift in Economic Policy likely to be felt across developed and emergingmarket countries. This is going to have a worldwide report effect. Countries are getting more and ofe willing around the idea balanced budgets. Really two things going on at once. One is the explosion of deficit spending with respect to covid. ,retty much everywhere you look the last crisis as a share of gdp. The second aspect really is the idea of like a philosophical change. Even after the crisis, perhaps there needs to be less focus on Monetary Policy and more on the fiscal. Romaine it will be interesting to see if that handoff occurs here. You think about economic
Return back to this market. I guess if you are an investor going long, you have to be happy with what you have seen over the past few days. Caroline down in volume. Very much the build up toward labor day. Managed to rise 12 points. Overall, it seems to be all focused on neverending buying. Out, a we should Point Company here, big commerce holding, this just went public at the start of this month. It was up 37 today. This is basically going to be the software behind this ecommerce storefront. Big commerce is the beneficiary of this announcement. Taylor about 88 billion in market cap, showing a pretty big number on the top in bottom line. Estimates were about 1. 55 billion. Decent beat on the bottom line on adjusted aces. Earningspershare, 1. 81 versus 1. 09. I continue to shift through some of the earnings. In the meantime, lets get back angelamwanza mwanza, from ubs. I am curious, as you recap earnings season, were expectations too low . Or you present where you pleasantly surprised a
The need to have a fair trial in the United States senate. And its especially necessary when you have mr. Mcconnell, senator mcconnell quoted earlier saying publicly that he is not going to be an impartial juror. Even though thats what the oath will require. All the democrats in the senate are so impartial, we know. Meanwhile ted cruz has a different view. Surprisingly he said all you just heard is a bunch of blank. I think this is a sign of weakness. I think this is a sign that she understands just how weak these articles are. These articles of impeachment that they actually voted on were really an admission of failure. For months, they had been promising all this evidence of chronic chemical activity. Theyve atomic quid pro quo, and bribery, then they heard the evidence and there is no evidence of it. Now on saturday President Trump said he likes the way every thing is playing out. Just kidding he hates it. They have nothing, there is no crime, there is nothing. How do you impeach wh
The need to have a fair trial in the United States senate. And its especially necessary when you have mr. Mcconnell, senator mcconnell quoted earlier saying publicly that he is not going to be an impartial juror. Even though thats what the oath will require. All the democrats in the senate are so impartial, we know. Meanwhile ted cruz has a different view. Surprisingly he said all you just heard is a bunch of blank. I think this is a sign of weakness. I think this is a sign that she understands just how weak these articles are. These articles of impeachment that they actually voted on were really an admission of failure. For months, they had been promising all this evidence of chronic chemical activity. Theyve atomic quid pro quo, and bribery, then they heard the evidence and there is no evidence of it. Now on saturday President Trump said he likes the way every thing is playing out. Just kidding he hates it. They have nothing, there is no crime, there is nothing. How do you impeach wh
Backfire. Plus, the massacres in el paso and dayton that left at least 31 people dead and dozens injured. Can a weakened nra lead to gun laws . Hiding from silicon valley. Here is joel weber on tech lash. There in the zeitgeist right now, tech lash, one of the words of the week. The year. There is this overarching theme of people outraged at tech and the privacy issues. When we thought about that, this image resonated more than any other with us. It was this image that a company, joel steins story, he experimented with how to take back privacy in his own life and disable tech from encroaching in his world. He found a mask. The cover image is creepy. It is for facial recognition technology. It speaks to a larger thing. There is tech lash, in d. C. Especially. That is a theme. Antitrust is a theme. Those things feel out of your domain as an individual. This cover is an attempt for us to say, you as an individual, what can you do in your daily life that will still have a modest consequenc