Banks, airlines all up while faangs are taking a bit of a break. If you ask me whats the best Case Scenario for the market to the end of the year, i would say this whole narrative about how its like the top five stocks driving the market, i would like to see that come to an end and Everything Else play catch up and start to participate and that is literally what weve seen take place. We had a breadth thrust a week and a half ago where almost every stock broke back above its 200 day. We now have more s p 500 components that are up on the year than down on the year for the First Time Since march i think alphabet is the most recent performer but the faangs are not part of this the whole narrative out of the window that this is index fund money and only microsoft driving this is gone now you have a broadbased rally, not based on nonsense, companies have rising earnings expectations, almost every sector weve even got performance at companies that six months ago you could have made a case to
Good evening. My name is trevor fromhe boston book festival. Thank you so much for joining us this afternoons 2020 session, can business save the world. I would especiall like to think everyone including a donation en they register for this free event. It would like to purchase the book by todays presenters, were also suppoing independent bookstores in the bbf, which made it easy. Just cli by t book linkt the bottom of the screen. No i like to talk about them moderator, cofounder of fsg and the author of influential publicions on sharealue catalytic herapy, strategic evuations and impact insting. Thank you trevor and it is wonderful to be here and these ar two outstanding womanhood just written two books the long and a book shelf. Where used to thinking about business as being the source of so any problems in the world today. Its quite refreshing to he a panel that talks abo whether business can save the world and while that is a large and openended question. Trevor our two authors tod
A 4th night of demonstrations in wisconsin over the Police Shooting of an unarmed black man. We dont have to choose between supporting Law Enforcement. And standing with their africanamerican members. The u. S. Vice president defends Donald Trumps call for law and order its racial unrest continues to dominate headlines across america. Disputed accounts of the Fatal Shooting of an autistic palestinian man who was killed by an Israeli Police officer. Our top story this hour her step toward closure for relatives of victims of the worst terrorist attack in new zealands history the gunman who killed 51 muslim worshipers last year was sentenced to life in prison without parole brenton tyrant is the selfconfessed white supremacist who was responsible for attacks on 2 mosques in christchurch by hate has a story. After a harrowing emotional 4 days in the high court in christchurch just as cameramen delivered Brinton Terence sentence on each of the 31. 00 shocking murder charges while he. Was fi
You have radical left democrats running cities like chicago and so many others that we just had a news conference. Unfortunately, that is the way it is. Thats the facts. When you look at chicago and you look at the job mayor lightfoot sent me a letter yesterday. I think in their own way, they want us to go in. There will be a time when they want us to go in. Right now, we are sending extra people to help. We are arresting a lot of people who have been very bad as far as the coronavirus, as you say, i think we have done some amazing things. I think you will probably see that if you compare our statistics to other countries. And if you look at death rates, etc. , you will see, and especially into the future with whats happening, you will see some very, very impressive numbers for the United States. President , do you plan to do a National Strategy to help schools reopen and reopen safely . Regarding the children in your family, your son and grandchildren, are you comfortable do you plan
Rise as the fallout cripples the global economy. Avoid itsbe forced to growth targets for the year. Shery lets get a quick check of the markets. We are seeing u. S. Futures rising a 10th of 1 . This after u. S. Stocks fell for the first time in three days. We have a mixed corporate bag of earnings. Not to mention worsening economic data. U. S. Companies cutting a record 20. 2 million jobs in april. Tone comingsk off from increased coronavirus cases and deaths in italy and new york. 10 year yield at the highest level in three weeks. The u. S. Has increased the amount of debt plans to issue in quarterly refunding options. We have the s p 500 falling 7 10 of 1 . Utilities and Energy Leading the decline. Lets take a look at what oil is doing. It is rebounding. 2 . Er than higher by this after snapping a five day rally on supply glut. Saw data showing u. S. Gasoline demand is steadily recovery. Lets turn to our top story, the war of words between china and the u. S. Intensify yet again with