You know, of three straight weeks in the red this time its not tech thats leading the sell off you have materials, industrials and Energy Taking the market lower at this hour plus, still front and center for both washington and wall street is that tiktok melo drama. Will the chinese give it its stamp of approval. Power lunch starts right now lets go to bob for a look at whats happening and why. Bob. This did not start today. It started earlier in the month. It Gains Momentum in the last four days. Theres some very good reasons why. This didnt come out of nowhere. Lets review why the markets are down concerns in the uk about potential new lockdowns. There are increased trade tensions with china. Concerns have increased. Concerns about over value tech stocks that hasnt gone away. I think were seeing a bit of rising anxiety around the election this is not a mystery about whats going on. What you want to look at as tyler mentioned is whats selling off today. If youll notice cyclical stocks
1 . The german dax is up about two tents of a percent and the cac 40 up. It is 90 minutes into these training sessions in the u. S. Now. Abigail doolittle has the latest. Abigail we are still looking at advertise. The dow at 5500 and nasdaq all trading higher. The s p 500 and nasdaq are on pace for record closing highs. The nasdaq is sitting at an alltime high for today. It is not onar but for a record closing high. We are watching whether or not the dow can carve out 20,000. If that happens it will tie for the fastest climbing history. We have some strength in the retail sector. Up. S p 500 retail index chelsea Advisory Group says holiday sales are on track or even perhaps poised to beat estimates. We also have amazon trading higher. It is on for its best day and two weeks and amazingly, amazon shipped one billion items over the holiday season. That is amazing. Another amazing factor on ecommerce and amazon. Amazon, between november 1 and december 16 accounted for 16 of ecommerce sale
Agreement about the money but it came down to the issue of work rules. Bart unions were on when to move on the changes that management were willing to make. So here we are now looking at a strike at midnight. Do we know in the examples of the work rules . For example if they bring in technology and change the way something is being done that means that they have to bring in the union that will have workers switch from one area to another. They want to have greater flexibility with that. We do not have all the specifics on the work rules. The bottom line is that you said they offered an alternative and take the work rules and give it to an independent arbitrator management meant was on willing to do that. To have any idea why management said no to the thirdparty arbitration work . Management indicated that the unions were on an offering that thirdparty arbitron on the work rules. There is salary there is pension there is health care and there are work rules and they looked at it as a wh
Were going to be discussing this book from warsaw with love in the subtitle of it will give the title itself may not convey the substance of the book but the subtitle polish spies the cia and the forging of an Unlikely Alliance does the book is an unusual one in that it the origin or impetus for it was landmark article published by the author of this book john palm fred hamel introduced in a second, but that article appeared in the Washington Post in 1995 and it traced what was an extraordinary story of the polish Intelligence Services cooperation with the cia to rescue. Us intelligence agents who had been trapped behind their rocky lines in 1991 when after iraq invaded kuwait and the the story of how those agents were rescued plus other extremely interesting information about the polish Intelligence Services cooperation was told in that article and has been expanded here, but this book also covers a much wider swath of history. It looks at the intelligence dimension of us polish relat
Reality. Because that mediacom we are built to keep you ahead. Mediacom, along with these television companies, supports cspan2 as a public service. Thank you. Let me welcome everyone here today to cold war studies seminar here at the data center of Harvard University. Today were going to be discussing this book from warsaw with love and the subtitle of it will give the title itself may not convey the substance of thece book but the subtitle, polish spies, the cia and the forging of an Unlikely Alliance does. The book is an unusual one in that the origin or impetus for it was landmark article published by the author of this book, john pomfret tool introduced in the second but that article appeared in the Washington Post in 1995, and it traced what wasas an extraordinary story of the polish Intelligence Services cooperation witha the cia to rescue u. S. Intelligence agents who had been trapped behind the rocky blind in 19901991 when1991 when, after iraq invadedry kuwait. And the story o