Up there. Want to therefore get more of a take from state street Global Advisors managing , quantitative equity, olivia engel. Where do you said when it comes to some of the more beaten up overall names . Are they more of a risky bet . Should we be looking into the smaller caps . Olivia i think insurance is a good play because it is valuation. The risk emerged during the crisis and now looking a lot less because of the fed action. If the fed is looking to buy and support, that is probably good for them, and brings the risk down substantially. I guess there is a big difference between liquidity and solvency. The fed can create liquidity but cant actually force the economy to generate cash flow. There still is a limit to what the fed can do to Keep Companies solvent. Romaine that is a great point, and something that i think gets lost on a lot of people. I am wondering, specifically with your quantitative hat on, as you try to chart the strategy for your team, do you feel you are getting
One of those names we saw was wayfair, of 24 . Today alone, of Something Like 700 . There is a lot of analyst chatter that some countries like wayfair will see lasting gains from this boost they have been getting. Another name also up 7 . Saying the gains in this environment could actually end up lasting. One name that we are keeping an arts, ea, electronic their earnings crossing the wire. The q4 numbers, revenue revenue slightly above the 1. 42. Te of any sort of insight that they can give us into how the world will look for a company like electronic arts. Scarlet if any company could benefit, it would be Something Like electronic arts. ,till with us is olivia engel cio of active quantitative equities at state street global advisors. There is a note out by ubs today, saying that cash on the sidelines has grown to about 4. 7 trillion, of nearly a trillion up nearly a trillion. Do you see any kind of rush to the exits . Do you see anybody cashing out, waiting for the right time to ente
Apples earnings could plunge by. 25 if china retaliates by spanning the iphone. Shery lets get you started with a quick check of how markets closed in the tuesday session after coming back from a long holiday weekend. We saw the s p 500 fall towards the 110 level with 10 of main groups falling. We are talking about utilities and Consumer Staples leading the declines. We continue to have concerns over the ongoing trade tensions between china and the u. S. Sectors on the s p 500 also reflect that. The nasdaq falling. 4 . We saw theing treasury rally accelerating in the session as well. S p futures at the moment are not doing much, standing at the 2805 level. Sophie stock futures lower at the global bond rally. It is likely to keep going. The tech space is in the spotlight as analyst calls turn apple. Ssimistic on a potential alibaba listing in hong kong is putting the focus on chinese tech listings. We saw rallying despite it saying it will delist in june. Nissan is in view with the ceo
Rights in north korea have been sidelined. Opportunity. Issed how i see this process of reconciliation between the two koreas after 70 years of confrontation is that it will take time. It will take a lot of time. Therefore, at some point during the negotiations human rights has to be strongly discussed among the parties. Come ass comments prospects for a second summit between President Trump in north korea leader kim jongun increased after chairman kim visited china is weak. And atp reportedly was court any positions ahead of talks with mr. Trump. More than 7 Million People in the u. S. Have been sick with the flu so far this season. Was than 83,000 have been hospitalized. The centers for Disease Control and prevention says it plans to update the estimates each friday to help americans understand the severity of the virus. Last season the flu killed 80,000 people, including 8000 people, including 108 children. Global news 24 hours a day onair and a tictoc on twitter powered by more tha
The presiding officer the majority leader. Mr. Mcconnell i understand the senate has received a message from the house to accompany s. 756. The presiding officer the senator is correct. Mr. Mcconnell i ask that the chair lay before the senate the message to accompany s. 756. The presiding officer the chair lays before the senate a message from the house. The clerk resolved, that the bill from the senate s. 756, entitled an act to reauthorize and amend the Marine Debris act to promote International Action to reduce Marine Debris, and for other purposes, do pass with an amendment. Mr. Mcconnell i move to concur in the house amendment with a further amendment. The presiding officer the clerk will report. The clerk the senator from kentucky, mr. Mcconnell, moves to concur in the house amendment to s. 756, with an amendment numbered 4108. Mr. Mcconnell i ask the reading be dispensed with. The presiding officer is there objection . Without objection. Mr. Mcconnell i ask for the yeas and nays