Direct Brands News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Direct brands. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Direct Brands Today - Breaking & Trending Today
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus were seeing that again. You saw that during the lockdown when we got cases way down you saw the economy reopening. You saw spending go up and hiring go up now that the cases have spiked again. Again, the early data, highfrequency data suggests that theres a slower pace of growth at least for now. We dont know how deep or how long that will be. Its such an important sentence, we just decided that it needed to be in our post meeting statement. Its so fundame ....
The coronavirus takes a toll with tech leading losses. Earlier, apple cut its revenue guidance for the march quarter with the outbreak continuing to impact the iphone maker supply and demand. The coronavirus is impactful, but not permanently impactful. In other words, it is a temporary blip. On the demand side longer term for apple, i dont see any issues so that gives me a lot of confidence we will see a nice rebound when this is over. The bad news is, apple made a big bet on china. 20 of revenue, a huge part of the supply chain. If the virus isnt contained, this will continue to be a problem. In longerterm, it china and the was a u. S. Are likely to be at loggerheads. I think the virus could be a problem longer market thing. There is no better ceo to handle the current challenges then tim cook and while it is currently concerning, having him at the helm is very reassuring. It is quite hard to shift production in a number of weeks. Emily we got more reaction from the New York , United States , Ha Afon , Republic Of , Bruxelles Capitale , San Francisco , Ben Brody , Mike Mayo , Emily Chang , James Gorman , Robin Hood , Paul Allen , Bloomberg Emily , Bloomberg Brad , Bob Swan , Facebook Emily , Taylor Riggs , Takes Toll , Bad News , Tim Cook , Senior Research , Senior Research Analyst , Research Analyst , Allen Say , People Buy , Lot Companies ,
To know to stay safe. The white house fires back, President Trump and a his attorneys will not participate in the impeachment hearings this week. Weve got the latest from capitol hill as the first impeachment draft is reviewed and republicans ramp up their calls for adam schiff to testify under oath. Mornings with maria begins right now. The city never sleeps at night. Its time to begin, isnt it. I get a little bit ill admit im just the same as i was. Maria weve got a great show this morning. Joining the conversation, Dagen Mcdowell, pwc partner mitch rochell and James Freeman. Great to see everybody this morning. So here we are, hope everybody had a great thanksgiving. We are now in december, three weeks left, legislatively, for congress. Usmca expected to come to the floor in the next two weeks, youve got china, you ha ....
Has joined Founders Fund and where he will invest in the world of Venture Capital. And superconductivity is having a moment and we will explain where a potential breakthrough in technology has been driving both excitement and controversy. Lets get a quick look at the markets. We are treading water with the technology quarters. The nasdaq is flat and earnings are a big part of the story but we see a cell often treasuries. The yield on the u. S. 10 year treasury is the highest in nine months but there is a concern about the cost of bother of borrowing. The Philadelphia Semiconductor index is softer by 0. 3 and a big part of that is all come which is down by 10 . We will get to that shortly. The two big ones we are braced for, apple and amazon report after the bell. We will look ahead and think about what the ma ....