Enough clarity on the economy to justify restarting payouts yet. That decision is not yet final. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 in new york and 1 00 a. M. In hong kong. Welcome to bloomberg markets. I will be speaking with bill ackman. We will discuss the debut of his new Blank Check Company which raised 4 billion in its initial offering. He will weigh in on what kinds of companies he wants to target with the money and other investments. First, lets look at the markets. We are higher. The nasdaq has erased all of its gains. 25 . P 500 is up mark forck at the 70 the you in the. With heating up today expulsion of the envoy from china. I want to point to the fact that we will be talking about in a moment and that is the Blank Check Company that is trading up an ipo today. The expectation was to raise 4 billion and we will be talking
Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let them run if i was stuck in them, then escape for the stocks well be talking about later in the show. You have to unders
Policies agreement in handling documenting in part conversations with president about thank you russia investigation. Quote, we previously faulted comey for entering unilaterally inconsistent policy not permitted authorized disclosure of Sensitive Information obtained during the course of fbi employment to achieve personally did he side or outcome after being fired by president may 2017 Comey Told Congress he believed memos were his property to share. I understood this to be my recollection very important to get it out . The Inspector General found memos were government comeys characterization of memos as personal records buys no support in the law to get kents to the New York Times to kickstart the investigation comey used Colombia Law School prefer before fired testified on hill. Have you ever an anonymous source in news reports about matters relating to the trump investigation. Never. Have you ever authorized is one else at the fbi to be an announce source in news reports about the
Policies agreement in handling documenting in part conversations with president about thank you russia investigation. Quote, we previously faulted comey for entering unilaterally inconsistent policy not permitted authorized disclosure of Sensitive Information obtained during the course of fbi employment to achieve personally did he side or outcome after being fired by president may 2017 Comey Told Congress he believed memos were his property to share. I understood this to be my recollection very important to get it out . The Inspector General found memos were government comeys characterization of memos as personal records buys no support in the law to get kents to the New York Times to kickstart the investigation comey used Colombia Law School prefer before fired testified on hill. Have you ever an anonymous source in news reports about matters relating to the trump investigation. Never. Have you ever authorized is one else at the fbi to be an announce source in news reports about the
For this time of year. It will be a little breezy overnight but wind really pick up on tuesday. It will be breezy and sometimes gusty as well tomorrow. Tuesday will be even milder than today with highs in the low to mid 70s. Clouds say someone broke into the jimmy johns on san marnan drive early friday morning. Money was stolen. Police say they broke a door handle and a window. So far no ones been arreted. A man has died after being hit eastern iowa highway. The man died sunday night after being hit as he walked along highway 218 south of i80. The state patrol says they dont know why the man was walking in in cedar falls an arrest has been made after a person was hit by a car. Police say it happened Early Saturday Morning on highway 57 at roosevelt street. Police arrested Michael Kelly hes accused of driving drunk and hitting condition. Another deadly crash this time on the tracks. The Linn County Sheriffs Office says a man from marion was driving a pickup towing a flatbed trailer and