Communities with inclusion and id like to take a moment to recognize our members attending today. They continue to be the background of support for the club and help enable us to offer wonderful and diverse programming now and in the future and we also like to welcome members of the 20 20 class of fellows with rising nexgen business. [inaudible] its an honor for me to introduce our special guest today, trustee at the economic club, deanna mulligan. Deanna was chief executive officer in 2011 and served in that role until this month. She joined in 2008 the Vice President to leave the company in its Spiritual Life and was appointed to presidency operating officer assured as a trustee on the board of the vanguard group, a position she held since 2017 and has a background in both energy and operational themes. [inaudible] she was previously a director on the board of arts council and active in the industry and in the daa and directors of life insurers and the department of Financial Service
Good Tuesday Morning welcome to squawk alley. Were with you for the hour, what a fascinating market day, john walmart and home depot tickiki things off then for awhile there a bit of a tumble the dow briefly at its biggest loss plenty of dynamics to watch as we watch the retail earnings and the progress on stimulus big stocks and big tech in particular apple is fractionally higher amazon perhaps riding that retail news overall. Up better than 2. 5 . Alphabet up about a percent. Microsoft lower, and then there is oracle. In the news because of this tiktok bid, perhaps, carl. I dont know if there is anyone not bidding for tiktok lets start off with exactly that as a source tells cnbc that oracle has entered the race to buy tiktoks u. S. Operations. Walt, you know what my first take was on this microsoft was telling this story about their focus on the enterprise now theyre bidding for tiktok and oracle, how does it facility them at all . Does everyone just have to have a look microsoft ba
The scene. We had the huge selloff down 35 from the highs then the giant bounce back this week, up 19. 9 going into today. A real pasting most of it at the end of the dow with the dow slipping 915 pounds, s p climbing 3. 3 . Nasdaq falling 3. 79 just like yesterday, which had the big whoosh up, this had the whoosh down. We need to figure out whats next either a continuation of the selloff evolving into a retest, where the market goes back into earlier lows or take them out or resting period, setting us up for the next move higher not much in between here what makes the situation so dicey . Next friday we get the labor departments nonfarm payroll report based on this weeks hideous jobless claims number, we could expect a real doosey this market is a tug of war between the bears bracing for a possible depression if we cant stop covid and the bulls betting on a boom if we do beat it because of the liquidity being injected into the system by the Federal Reserve and by the 2 trillion build
Spending in france and switzerland neglect any of if january and twos, threes and fiveyears are measured in basis points the dow plummeting 3200 points in the week the worse since the crisis yesterday experienced the biggest oneday point drop ever, 1,109 points as we approach the end of the red february for stocks the dow is the weakest of the three major indices, down almost 9 monthtodate. Goldman again this morning, jim is saying they dont think this is over and that buying the dip is in their words riskier this time theres no doubt about it s theres a part of of the s p and its good to look at individual stocks here that are not buyable and if anything its involved with travel and leisure, autos, housing, because house something sl housing is slowing down and i dont thinkfed cut rates it would matter we do need to talk about something at the cooperman, and ive always talked about which is the algos are in charge i noticed this morning at 3 00, what am i doing up at 3 00 the bond Int
I miss in europe for etiquette advocacy here at vital voices, but my journey with vital voices started more than 25 years ago. I have been a member of this network for 25 years. It all started back in beijing in 1995 when there was an amazing synchronicity when elizabeth, melinda, secretary clinton and others independently we did not know each other at that time, we were at a conference. I was one of those who were in the room. Here are the words that changed my lives. Womens rights are human rights. That moment i realized that the work that i started basically begins with me, and it is not just social work. I started the program for women in russia, and at that time i am thinking that i am just helping women, but in 1995 i learned that i am doing more. The next stage of my awareness was in 1997. The first vital voices conference in vienna. And another slogan, another wisdom, which was democracy without women is not a democracy read that also changed my life, because i realized that fi