To come. Trevor yesterday was the start of the Republican National convention, the first and only time donald trump has renewed his vows. Going into the convention. I thought it would be tough for donald trump to sell himself for another four years mostly because, you know, we live in a hellscape where 180,000 people have died and we cant go to a movie or hug our grandparents. But then i watched the convention, and, guys, it turns out donald trump has actually done a really good job by preventing all of that from happening. From the very beginning, democrats, the media and the World Health Organization got coronavirus wrong. One leader took Decisive Action to save lives. President donald trump. The president quickly took action and shut down travel from china. Donald trumps quick action and leadership saved thousands of lives during covid 19. President trump truly moved mountains to save lives, and he deserves credit. Just imagine what 2020 would have looked like, fighting for your lif
Much more on all those stories coming up in just a bit. But now its time to get a check of the Weather Forecast for the first time this saturday morning was the high today of spark a good morning robin good morning, good morning everybody in a live shot coming in from the golden gate fog checking in again this morning looks like an. Fairly think is what we got going on not much the way of wind circulation here we keep it to the Single Digits to calm dont expect that to improve outside of just local winds to some degree and im pretty re here. We have of the fog going on which will mix out to only give us kind of hazy sky conditions into the afternoon comes back again in greece has to tomorrow with promises of not being quite as intense although we saw this yesterday like this. But it looks like it may not be as intense. According to the forecasts projections here looking forward into tomorrow morning. But we do have a heat wave coming our way though beyond that right now we have lower 6
The fed warnings on risk theres a lot to watch the and an airbnb ipo is now officially in the works. You were just talking about becky about claims and this onagain narrative, the split between Public Companies and smaller businesses. When you keep thinking about what target said, brian with a tour deforce performance, talking about taking 5 billion in share you know he took it from somebody i keep thinking about that, thats the 5 billion that probably would have gotten into Smaller Companies that dont trade or companies that are starting to lay people off or file bankruptcies. The i call to attention estee lauder today you dont expect that perfume or skin care gets hurt. Hopefully lipstick sales are better usually when other things are weaker were not seeing that. Were ripe for stimulus, but nobody is talking. Yeah, jim, thats interesting, estee lauder layoffs, american dropping 15 minutes. But covid cases are lit rally collapsing shouldnt this be going in the other direction . Yes, b
The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. The winner haves so many advantages over the little guy im amazed there is any competition whatsoever i feared that there wont be and thats driving me nuts i love when these big household names go higher, but i hate when the reasons they are going higher their Small Business competitors are being wiped out. A lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted pheno
Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Rebuilding boom, thats going to add to a couple huge dynamics. Yes, it will. Remember, there was a period where lowes was not digitized enough also didnt really have very Strong Customer service. All of thats changed under marvin he is the last person to ever want to champion hims