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Ellison its going to be an incredible combination and i said you know do me a favor could you put up 5000000000. 00 into a fund for education so we could educate people as do real history of our country the really. Great. Turning us now to discuss our boom bust cohost spence juan and chrystia i kristie break this all down for us what changed between friday and saturday. Nothing really changed the only thing that changed was that trump ran out of time due to the deadlines that he consults set in place so he announced that this deal was approved in theory in mind and so a lot can still happen because remember last year the trade war a we have an agreement now we dont but a were really close now but oh no theres one more provision that we want so that kind of back and forth went on and on and blew through every single deadline during the trade war so the same thing is happening here if. I was deadline that would be the end of it no more negotiation and no big win for him he might say that ....
This is boom bust that one business show you cant afford to miss on their mando say ok in washington coming up President Trump approved a big tick talk deal but many plus can remain unanswered. But we have a deal worked out i think with walmart is going to buy it along with laura gold Larry Ellison its going to be an incredible combination. And another stock market selloff sentiment sours on a coronavirus resurgence in what could be worth to september in years have a packed show today so lets get started. In a change of heart that maybe happened in record time President Donald Trump went from banning tick talk from app stores on friday to suddenly approving the oracle walmart deal by saturday yes and just 24 hours after saying that he would not agree to buy down selling 20 percent stake to oracle and walmart whil ....
Say ok in washington coming up President Trump approved a big tick tock deal but many questions remain unanswered. We have a deal worked out i think with walmart is going to buy it along with oracle Larry Ellison its going to be an incredible combination. And another stock market selloff sentiment hours on a coronavirus resurgence in what could be worth to september in years have a packed show today so lets get started. In a change of heart that maybe happened in record time President Donald Trump went from banning tick talk from app stores on friday to suddenly approving the oracle walmart deal by saturday yes and just 24 hours after saying that he would not agree to buy down selling 20 percent stake to oracle and walmart while the president changed his mind now trump says he has agreed in principle to the sale ....
This has been bust that one business show you cant afford to miss unfair monteux say ok in washington coming up the president from approve a big tick tock deal but many questions remain unanswered. We have a deal worked out i think with walmart is going to buy it along with oracle Larry Ellison its going to be an incredible combination. And another stock market selloff sentiment hours on a coronavirus resurgence in what could be worth the september and years of a packed show today so lets get started. In a change of heart that maybe happened in record time President Donald Trump went from banning tick talk from app stores on friday to suddenly approving the oracle walmart deal by saturday yes and just 24 hours after saying that he would not agree to buy down selling 20 percent stake to oracle and walmart while the president changed his mind now trump says he has agreed ....
Without some sellers coming out of the woodwork which is why the dow shed now tepid nasdaq lost 3. 4 twee have to use this moment to regroup and figure out the markets. I think todays action was pure profit taking. But the sellers had a lot of excuses. I any its worth going over them in detail. Its forearmed rail recovery thesis really moderating. It might be right. Its certainly a possibility if you dont get stimulus. Second, the reopening has clearly been stalled by the outbreaks. Its trying to get the mortality rate substantially lower than the original outbreak in new york some of that is because weve gotten better treating covid as we learn more about it, it is novel if you were on a vent lator in new york, you only had a 20 chance of surviving. Youre now at 70 . You have a host of treatments you didnt have before steroids, remdesivir, blood plasma i dont want to doubt it even if more people survive, complications are horrifying nobody wants to spend weeks in the hospital nobody w ....