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They will offset anything that ipos youpen from the mentioned. Did the work today and power of the top 10 stocks is phenomenal. That translates into the broader index. When you take those cash return yields and compare those, you can make some basic assumptions about the cycles going forward, economic growth, drawing in classic recovery. 3200, 3250. I want to be buying stocks hand over fist. Romaine you have some Great Research year, breaking down these evaluations. Curious, once you get beyond those big cash generators at the top of the market here, we saw this week and lastly, a lot of people buying what would be at the bottom of the market. A lot of those fallen names in the industrial space on the general idea that those valuations were too low and if you are a believer in this recovery, then why shouldnt you be in a fedex for packaging corps. Dennis i would ticket a step further. Of the fed has made it clear that they want re ....
Launched today around 77. Around, you know, in that roughly about 1. 8 billion offering here where the valuation of the total company, if you extrapolate that out, youre getting well into the 13 billion neck of the woods. So a very, very Big Development here. Jackie deangelis is following it. This is kind of the rule of thumb, the vast majority have been of that ilk. But again much will have to change, and well see in the next few hours. Not a bad launch. What are you hearing, jackie . Not a bad launch at all. It came public under the Ticker Symbol u, neil, and its trading higher by 35 . Opening trade was 75 a share when it priced at 52. This is remarkable because the whisper number last week on the low edge of the range was 34. So you stand back and ask yourself what are investors thinking, especially during this time period of so much uncertainty, you know, to be bidding up ....
Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. So the president killed 190,000 people . Not a word of pushback from the moderator, cnns moderator. Today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. And get this, the president will also be in minnesota today. You can bet hell brung up law and order bring up law and order. Mr. Trumps press secretary, ....
Good morning. The committee on health education, labor and pensions will please come to order. First i would like to go through a few administrative matters that weve adopted because of covid. Weve consulted with the attending physician and the department of health and human services, centers for disease control. Individuals in the hearing room are six feet apart. Theres no room for the public in person. The press is covering as a pool. You can watch this on streaming or there will be an unedited recording that everyone can watch. All of our Witnesses Today and some senators are participating by video conference. I would like to Say Something about masks. The office of attending physician has advised that senators and witnesses may remove their masks to talk into the microphones since our chairs are six feet apart. So, thats why my mask is off. When im not back here, im weari ....
As essential workers continue to need to get around in is businesses to start open we are going to need to provide more capacity. They allow drivers the option to bypass stops if there are too many people already on board, and to drop off passengers have a credit stop. They believe the city is not doing its job well. May be a c or the plus because there is more that can be done in there is more that should be done. What is the union asking or recommending of them . One thing that the union wants is they want more bus service that can ease the congestion on the lines, there is one of the to start expediting the return at the start of light rail vehicles. They are with this issue, they tried to restart it back in august, they ran into some issues but they say that in the coming months, we could see the return of light rail vehicles. Len ramirez tells us, now those companies could even be fined. The Public Health officer ordered priva ....