Biontech, seeing a bounce. We know that pfizer is not a hype company its a big conservative company. When it sees things that are not working it is quick to say it. When it sees things that are working it is long to say it in other words, this is not a company that is a brag Guard Company so i am very surprised to see them come out this early. They must feel a level of confidence that is extraordinary versus what they typically do. David, youve known pfizer for very long, you know that pfizer is one of those companies that i guess you would regard as stodgy and certainly not a company that likes to get ahead of itself no. You would have to put it in that category, i think, so it is interesting that this has been shared as meg said and as we know 24 patients, jim, is not a lot. Very positive it would appear at this point i think always important to mention, though, that when we talk about a vaccine we are talking about the need for largescale trials as soon as possible because, of cours
Fast jobs will return to sustain that and to turn that into real consumpti consumption. Ron, were seeing spices in coronavirus infection. Were seeing spikes in hospitalizations as well if you looked at trends in other parts of the world, you know, sometimes those do tend to follow the infection rates is it based on an expectation that may not play out. Maybe we were through the worst of this when in fact there is still quite a bit of Health Mandates just assuming we have a Straight Line up into the future i think there is room for disappointment we have higher infection and hospitalization rates. Sadly i think the death rate is followed up by lag im particularly worried about how many states and local governments will have to push the pause button or reverse on reopening efforts. I think there is choppiness ahead. I think it will be until we get here it can be rolled out basically globally tobias, i know you just had a institutional client poll. As we wrap up this Second Quarter, what
Rally about to hit a wall in 2020 joining us, jeff richards, and paul meeks good morning, guys good to see you. Paul, let me begin with you, ask you why . Is it because things are expensive on a relative basis . Thats right. I have been around a long time i remember with lashes on my back what happened when the internet bubble popped not falling for that scenario. I expect the u. S. To grow at a decent rate, fundamentals of most Tech Companies, not all, to be reasonably good, but the bulk, particularly of marquise tech names are trading at valuations getting me a little scared because i think much too much is priced into some of these names as we roll out of 19 into 20. Jeff, we hear that. On the other hand, you might counter with the fact some of the names got a haircut second half of the year episodes like wework, some argue, are healthy in the long run for staestablishing discipl. What do you think . I remember folks being concerned about tech stocks end of last year, had quite a ru
To the lawyer for. The horrendous over the 1st notice to know the. Whole long. Term a lot more of this thing more. Devoted to terrorism well the of the takesh president said he would oppose a key nato defense plan the Baltic States if Member States refused to recognize kurdish fighters in syria as terrorists. They said needs to act in a proactive manner against 3 its pros by the terrorist organizations its inevitable that nato is in need of readjusting itself against todays terrorist threats we expect our allies to display strong cooperation with us against the 3 pts we are facing and President Trump has also warned the European Union to shape up trade trump says the u. S. Is being treated unfairly and things will get very tough for the e. U. If it doesnt change donald trump has threatened tariffs on french products and responds to a new french tax on Technology Giants trump believes u. S. Fans like google being targeted Iranian State television has acknowledged for the fast time that
That i do not think we have ever seen before a president who has doubled down on violating his oath to faithfully execute the laws and to protect and defend the constitution this president has attacked each of the constitutions safeguards against establishing a monarchy in this country in the simplest possible terms the president put his personal game ahead of the National Security interest its better to be on t. V. Than by for being the 4th scholar said if trump had tried to force ukraine to investigate a political rival in exchange for military aid it would be impeachable but the scholar wednesdays sole republican witness testified the case against trump has not been proven this would be the 1st impeachment in history where there would be considerable debate in my view not compelling evidence of the commission of a crime more than a dozen white house and state department professionals have testified that trump used the power of his office to pressure ukraine to open an investigation