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Grateful to the coronavirus pandemic. Back on to do business i want to get jones in berlin good to have you with us the u. S. Economy desperately needs a new stimulus package as the pandemic continues to wreak havoc but with a president ial election week weeks away the parties are divided amid political wrangling and last week president to donald trump called off the negotiations on sunday now u. S. Treasury secretary Steven Menuhin proposed that 175000000000. 00 in unspent 8 to Small Businesses be released immediately to east the stalemate the argument of the total package is much bigger though the democrats want a plan worth more than 2 trillion dollars so far republicans have not gone past 1. 8 trillion. 1000000000 trillion Chelsea Delaney our financial correspondent in frankfurt can probably. Make sense of that so ....
Is this is week that tech took the market back. Tech is up 2. 8 . New all time high is the russell 1000 growth. Tech is back and tech is working. Every time we get the story well roll out of tech into value, it works for three or four days and we go right back to whats really happening in the economy is tech platform driving dijtization. Not only domestically but globally these companies are empowering it that Investment Team will be strong right through 2021. The russell will be interesting. If you can find companies because the russell itself actually has no return on assets most of the companies dont make any money. If you can find a mid cap company and its revenue domestic it doesnt matter who wins the election were going the war with china its going to have an impact on certain s p companies. You can find refuge in the russell 2000 i think you have to do your stock picking there. Im looking for companies with companies that ....