Billionaire tilman will tell us how he is preparing. What hes telling his teams for what could be a cold winter for the economy. Power lunch starts right now day after the huge sell off, stocks have turned higher this afternoon as they try to avoid a fifth straight day of losses the s p and nasdaq are at session highs right now. Lets go to bob for more on these markets. Bob. Chop it around a little bit i listened to the powellmnuchin testimony. I didnt see any narrative around fiscal or Monetary Policy stay at home stocks are back theres this narrative if we get more break outs in the u. S. Like we got if europe, they will be ben faeficiarie beneficiaries. All these stay at home names are doing well amazon is having great day not so the banks second day in a row they are getting clobbered. Some of the banks are down 7, 8, 9 in two days this is another serious down trend in the banks the big thing im worried about is valuations. We cant figure out what tech stocks are worth look at appl
The fda approving a 5 15minute rapid test the ceo will join us thats a biggie as power lunch starts right now thanks as august comes to a close, its been a stunning summer rally the dow up 13 the s p up 15 and the nasdaq up 25 . Bob has more for us. Bob. August is usually a nothing month. Not this much. Usually august is typically flat to down. Were up 6. 8 so far best august since 1980s. April, may, june and july have been pretty good monthly gains five months in a row. Why is it happening . Everybody wants to think its apple because apple is up 18 . The s p would be up 4 rather than 6 . Its a lot more going on than apple. The pricing are pricing at some economic rebound could see the returns. The dow transports are up. Thats a cyclical group. The russell 2000 is up high yield is the best performing bond asset. This wouldnt be happening if they were projeking iproprotecn economic downturn. The better argument is theres a bull argument thats winning the argument so far. This is the arg
Yellow. Each category will take into account only two things, the number of daily new case and the positivity rate. Those two things wills determine when and how businesses and schools can reopen. Reporter until today the state took into account several factors to determine if and how a business can reopen in a county. Such as the hospitalization rates. The number of available beds, the number of people in the icu and etc. But now the number of cases and test positivity will serve as more crucial metrics. Here is what we are looking at. Where he looking at these four tiers, color coded. For folks, purple, red, orange and yellow. Reporter if your county is most nonessential business can red means more in door businesses like museums and movie theaters can reopen with restrictions. Orange means places like wineries and bowling alleys can open. The yellow level, all indoor businesses can reopen with modifications. Reporter by modifications, the state means physical distancing is still req
A new local measure bans noknock warrants. Well look at the National Debate over ending the tactic. And the call to action. Well talk with l. A. Clippers chairman Steve Ballmer about his new challenge to white Business Leaders to join the fight against racism. Really looking forward to that. First, heres todays eye opener, your world in 90 seconds. The nations top general is apologizing for his role in President Trumps photo op after clearing protesters with flashbangs and pepper spray. The photograph of me at Lafayette Square last week sparked a debate about the role of the military in civil society. I shouldnt have been there. Im not allow seattle to be occupied by anarchists. Seattles mayor is pushing back as protesters occupy and abandon police precincts. The threat to invade seattle is not only unwelcome, it would be illegal. Donald trump praising the National Guard response to minneapolis protests. They went in, and it was like a knife cutting butter. Right through. Calm. Coronav
Is the democratic nominee but can he beat still trump joining us for continuing coverage of the u. S. Election 2020 on aljazeera. 148 the state of israel was proclaimed. Palestine was lost. 16 years later in 1964 the Palestine Liberation Organization or the p. L. O. Was founded. Made up of different factions the p. L. O. Has been at the heart of the struggle to regain palestine ever since. By the end of the 60s the palestinians had become masters of their own destiny. But a bloody showdown was on the horizon. Not with israel but with fellow arabs. The palestinian commando movement emerged as a force to be reckoned with in the region following the defeat of the arab states in the 1967. The palestinians had taken their 1st step towards emancipation from the out of work. And that. Would allow us at the alevi all of these factors doesnt look at blow to the arab custodianship of the palestinians and their cause and thus palestinians became the masters of their destiny the palestinians took