amy, who helped cantor fitzgerald rise from the ashes of 9/11 predicts the pandemic will change how and where venture capital invests. >>> plus greg sands on what start ups need to do right now before it's too late. this week on "press: here." >>> good morning, everyone, i'm scott mcgrew. back when there used to be conferences occasionally i would be invited to speak at one about how silicon valley holds on to its power as silicon valley oftentypes by silicon valley people who want to build their own silicon valley in their own locations. it is difficult to replicate. you can have the people, have the buildings, but what you likely don't have a a lot of access to venture capital. 90% of the venture capital firms are here in northern california, most in menlo park on sand hill road. the personal relationships developed with venture capital are one of the things that fuel the success of silicon valley. doing it in a far flung location is much more difficult, except the virus may be changing that. later in the show, i will be talking with connie chan of andreason horowitz who says she has

shery: joining us now for more analysis is cantor fitzgerald global chief market strategist, peter cecchiniourse, not just a vaccine headline raising investor optimism but also chair powell's comments about not being out of ammunition. when it comes to the federal reserve handling the fallout of the pandemic and its efforts to stimulate the economy, in your you feelu tell us yo like you are watching a godzilla movie. tell us why. peter: thank you for having me. chairman powell did a great job last night communicating to the general public as well as market participants, i think, in an effort to work through what is largely known as the confidence challenge. give people the comfort that the fed is there doing their job, and has he put it, has plenty of ammo left. when we have been pointing out for some time is not the plethora of ammo, but rather its effectiveness. when theke a loud bang gun goes off, but it will not necessarily do much for the real economy. what i was talking about in my note, about the godzilla analogy, essentially, as time has passed, all that has really been left in the

amy, who helped cantor fitzgerald rise from the ashes of 9/11 predicts the pandemic will change how and venture capital invests. >>> plus greg sands on what start ups need to do right now before it's too late. this week on "press: here."