Lets get digital, digital, as in the internet, digitalization because digital is no longer the future its now at thispoint its a question o survival your business either goes digital, digital or it goes down the drain. Thats why i keep coming back to this theme including on sedate days today when the dow lunged will 6 points and the nasdaq. 23 . With or without the pandemic, and, of course, the pandemic is going on on everybodys minds particularly because i thought wed have more doses faster, and were not going to, we have to Start Talking about some other things that can make fabulous longterm winners. Some of of this stuff is so obvious its in your face, or at least in your hands. Look, we have cell phones, right, and then we got smartphones and now the smartphones are miniature personal computers, Something Like a s l tough to miss because iphones are everywhere and demand is off the chart. Same goes for the watch, the earbuds. We all see that. Thats the technology in our face, the
Attorneys, jenna ellis and jess right here. The search for criminality, john durham pointed as special counsel for the russia probe, something i directly asked President Trump on sunday morning futures. Coming up the latest. A look at markets this morning where futures are indicating a fractional loss at the start of trading, dow industrials down 78, nasdaq lower by 5 and s p 500 weaker by 4 points after december began on a green note. The nasdaq up 156 and s p higher by 41. Stimulus talks renewed. It could act as compromise between the house and senate, National Economic Council Director larry kudlow here this morning live in the 8 00 a. M. Hour to discuss. Plus work from home deals, said toto buy slack. The stock this mornings are lower, mystery of the monolith, appearance and then the disappearance of the strange structure in both east and west making a buzz this morning, mornings with maria is live right now. Take european markets. The cac quarante in paris lower by 13 and dax lowe
Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Things that you did in the market today you bought walmart and mic microsoft. Why are you putting money to work in those stocks now why am i putting money to work and then ill get to those stocks we had had a 10 correction. You know ive held cash for a little while im not the onlywaiting for a correction i still have some cash but, look, for this to get worse than a correction, maybe it goes down 12, 13 . I dont know if it to get worse you have to think the fed is ineffective and the cash on the sidelines which we know is there for mutual fund and etf flows isnt going to come flooding in i think it will start coming in. Otherwise, youre predicting the end of the world in 42 years of investing i have yet to see the world ends walmart has a good mixture of brick and mortar with Online Presence has a peg ratio of 2. 0 microsoft has many pistons in the engine whether its azure, the operating system or gaming you see it in the peg ratio which is 2. 2 a 30 times multiple is absolutely reason