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Many of indices. The nasdaq is 3. 2 higher. We are also seeing a recovery for oil. We are still below 40 per barrel. The vix is up there but well below 30. For all the recent volatility is favorable for some investors, lets welcome our first guest. She is managing director and head of longshores equity. Talk to us about the strength of a strategy these days. It has been a couple of years for hedge funds. What is the driver of this . Thank you for having me. This is such a great question. It is head spinning which way the markets are going to go. There is daytoday volatility. We have the election, a vaccine, theres a lot of volatility in this market. Whats important for strategies most importantly is dispersant. To see winners and losers. Short Equity Strategies struggle predominantly more because of the short book. It was the short book that was a challenge in this rising market. Accelerate to where we are today in the cycle an ....
Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a gain. Theres a lot of green on the lefthand side of the screen. The market story is the march to new highs. The techheavy nasdaq already hit several records this week. The dow is at the 27,000 level. Thats up 8,000 points in four months. Theres a lot of very positive news in the background. Positive vaccine news. That helped. Dr. Fauci says well have tens of millions of doses of the vaccine available early next year. Heres another plus. If congress doesnt come up with a virus relief package, the p ....
Group in the middle of solvable problems that have not yet been solved. Thats what i call the perfect problem because that in fact is the focus of what i think entrepreneurship is. In other words, you are looking for a way to solve the problem that is solvable but has not been done. Youre going to have to do something new but you dont get a copy. What happened with jack, jack dorsey and i i hired jack when he was 15, he was a High School Student, came into work at a company that i still have and i dont run any of my companies they just sell them, this ones been around for 30 years and jack and i worked together and he went off to college and he got kicked out of twitter and the first time i guess. And they showed him the door and he came back to st. Louis and we were heading out and talking. And we decided we would Start Company together. So then we were kicking around fo ....
Perfect problem. So he needed a way to sort of delineate problems. If you think about the world problems, you got the ones who are salt so that we can cover the solution. And may be a problem that symbiosis already figured out. Then you have the ones that are one reason or another are so lovable. We just dont have the ways to do it. But then theres a group in the middle of solvable problems that have not yet been solved. Jim so that is what i call the perfect problem because that in fact, is the focus of what i think the leadership is. In other words we are looking for a way to solve a problem that is solvable but has not been density going to have to be doing something new and you dont get a copy it. So what happened with jack, jack dorsey and i, while i hired jack when he was 15. It was a High School Student and came into work at a company that actually still have. I dont run any of my companies but i also never sell them. ....
Country must of prove the plan what are the chances of that happening also coming up tonight u. S. President donald trump threatening to shut down social Media Networks such as twitter after cast doubt on the credibility of several of his tweets and the u. S. Launching a new chapter in manned space travel with the 1st manned takeoff from u. S. Soil since the Space Shuttle western call almost a decade ago. Im burnt off its good to have you with us tonight the European Union is planning a route back to normality after the coronavirus pandemic European Commission president or so fun to lie in today unveiled a 750000000000 euro plan to help members of the European Union balance back much of it will be funded by ....