Fund Growth News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Fund growth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Fund Growth Today - Breaking & Trending Today
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but b ....
2 , the nasdaq down about 1 3 4 that very much in focus because of those earnings that are looming. Joe teranova, you first. Youve got dr. Gottlieb saying the u. S. At a tipping point, youve got mark meadows at the white house saying were not going to control the pandemic. Is this mountain getting too steep to climb for the market . Well, without stimulus the answer to that unequivocally is yes. Rising virus cases need more stimulus there has been overs last couple of weeks a modest broadening out of the rally within the market, but its really been all about industries, scott, industrials, trading to an alltime high as a sector but why is that . Its on the belief there would be stimulus, consumer discretionary, examazon trading towards its highest levels why is that . Because theres monetary support in the form of stimulus. It just highlights how important stimulus is. You need this mosaic of coordination to respond to the virus and any incident of rising virus cases learned itself to ....
Are been institute, this runs an hour. After recordbreaking declines in Economic Activity in the Second Quarter 1 45,020 we are going to be 25 vote in the Second Quarter. For people who are still struggling to climb out of. What is written about the cake shaped recovery, workers at the low Income Distribution who dont have option to work from home and for whom federal help is already taken away. As we see with fewer workers buying lattes, any service that depends on a smile, what does that mean for revenue . One estimate suggests in high rent districts, employment is at 45 so we have my colleagues and i, for cities and looking at how it depends on revenue structure and exposure to covid19, federal and state policy response. If i could get the next slide plea ....
We should not lose sight of what that means for people who are still struggling and the fact we still have a very deep hole to climb out of. The socalled [inaudible] workers at the low end distribution hedonic options to work from home and federal health is already fading away. Nasa been said about what this means for cities and as we see hollowed out downtowns with your workers coming in, buying lattes and what 115th congress has called any service that depends on a smile what does that mean for city revenues . One estimate suggests especially in high rent districts, employment is still at 45 of precovid levels. We arere about to explore the sinks a bigger graph of blog, my colleagues have a blog looking at what this means for cities and look at how really depends on state revenue structure, well exposure to covid as as the highly uncertain federal policy response. If i could get the next slide, please. There we go. The point of a blog is really going into this were a lot of things we ....