This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
Along with hemt care and energy. That was quite a turn around on the banks ahead, wall street heavy weights are taking sides on the market david miller and david tepper warning about the historic overvaluation. Bill miller announces saying they see market values here. Were going to ask billionaire mark cuban which side he is falling on right now plus, a rare interview with william demchak. Hell discuss the banks decision to sell its stake in blackrock. They own 22 and its created quite a business since they sold lets focus in its a great booking and i cant wait for the interview as weve been discussing. I love all the people you book from nap foods to nikes, but this one is creme de la creme from sarah try to get one youd be interested in. 59 minutes left of trade lets focus in on the big stories. Mike tracking todays volatile market action. Phil has an update on delta. Kate has a look at what mastercard is say iing about Consumer Spending. Mike, start us off with the Broader Market, w
Stocks way down. This morning, down some more. Look at this. The dow is going to be off over 250 points at the open. The s p, 26. The nasdaq, 64, 65. Now, treasury secretary mnuchin says we can get those jobs back by going back to work. The president is very forceful on this. This is what he told maria on opening up the economy soon. Watch this. I want them to open when they can, when they want, the governors are opening them. Most of them are either opened or opening or considering it. I think that we have to get back to work. We have to get our country back. We have to take it back. It was artificially closed. We did the right thing and now we got to get back. We got to bring our country back and its going to happen and its going to happen fast. I call it a transition to greatness. Stuart hes going to pennsylvania where six counties are defying the governors Strict Lockdown rules. The president will likely address that issue today. Meanwhile, a successful Court Challenge to a governo
Secretary for Mental Health this morning. Live coverage on cspan2. Senator murray is not here today so she sent senator murphy to go fill in for her. Ive asked senator cassidy to chair the hearing. I will come back at 1145. Especially with their leadership in enacting the legislation last year. After our witness testifies, senators will have five minutes for questions. Sean luster is a typical busy, nashville young adult with a fulltime job who also attend college. In june 2014, 2 days before his 25th birthday, he experienced his first schizophrenic experience. Since then he has been admitted to the hospital five times, spending ten weeks receiving psychiatric treatment. He recently wrote me saying this may seem slightly depressing, but my story does not end there. The doctors and staff i encountered at the clinic taught me too live productively in society. I have been free of the hospital for a year. During that time ive taken medication, return to work and even paid off a car. I am e
Family. Haidi it is very much in focus today after the pboc removed a pillar of support for the currency. Dropping from the daily session. The currency lower on tuesday. Tom, it is not been in place very long. Why have they chosen to remove year, since may of last that is the first element from the mix. It is dollar weakness. Many say it is a line in the sand. They say they oppose the controls. There is a growing confidence now in terms of policymakers here in terms of the trajectory of the one. Comfortable enough to relinquish elements of control. Thats what they have seen. Charthave a terminal showing the placement of this back in may. N strengthen. Ua that is when you saw the dollar ticking up. Versus the u. S. Dollar. We should expect now a little bit more volatility around theyuan now. Is how question really much forward this leads up in terms of a greater market role for the currency. They could widen the trading band. Right now they are allowed to move up 2 or down 2 . They coul