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The short term we have concerns about what happens with the virus. New york shutting down when it comes to the schools. Nevertheless, how can you sustain the entering opening of restaurants and bars on the back of concerns when schools have to close . The dilemma is front and center for the people operating government right now, and investors. Can they look through it . Joe exactly right. Still nothing to help out from d. C. , no stimulus seeming to be imminent. And the economy is not rolling over yet, but i think it is surprising less to the upside. Several times the data kept coming in soundly solidly better than exultations. The big green area were all those data points that kept surprising to the upside. That is rolling over. What that means is not that the economy is sputtering, per se, but people are catching up to reality. Of course we had retail sales yesterday well below estimates. It is dawning on people, i guess everyone is getting more realistic, starting to mangy maybe vir ....
Most like to buy hell join us with that in just a moment power lunch starts right now welcome to power lunch. Im dominic zchu. The Energy Sector is leading the market higher and up around 16 for that sector, its best week ever, ever historic levels. First, its a long, long 2020 for the group here, still down 45 for the year overall take a look at two of the big earnings winners youve got cisco up more than 6 and disney off the highs but still up 2 as its streaming service passes 73 million subscribers. In just the past two weeks, the dow is up nearly 11 for more on the markets now, lets go over to bob pisani with the latest bob. Hello, dom. This week has been about the rotation from growth and momentum into value and cyclical stocks, and thats playing out again today, very similar to what happened in the other four days just take a look here. Good day for energy stocks, good day for bank stocks, good day for industrials. These had ....
Welcome to arts 21 we are in cannes where a mini version of the citys famous Film Festival is giving hope to a struggling movie industry because the corona pandemic has hit the film business hard now if this were spring and it were a normal year the streets in cannes will be packed with filmmakers journalists and film fans but this is the fall and the process is nearly empty as empty as most theaters these days as empty as the most film sets where even the movies that are being made have to be done under very strict and costly new 1000. 00 safety protocols in fact the only place that film fans seem to be congregating these days is on streaming platforms at least at cannes many festival there are some new movies to be seen thats not the case in most cinemas these days the Hollywood Studios have held back their big blocked. No one can say even if say the new batman or the new ....