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Aug 11, 2020
08/20
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>> josh: listen.ro and the embodiment of someone lost their minds by having president trump in the oval office. i don't encourage your viewers to read her column. i mean i think it is proven to decrease your i.q. by ten points by laying eyes on it. it's nuts. i would love to spend a full segment talking about why it's nuts. >> dagen: if she is lecturing people on how to be conservative i'm going a circuit to teach people how to be dolly parton. >> marie: you could do that. it's one thing to say they are not conservative enough or not on board with the team instead of taking it seriously. steve schmidt and others said there is something fundamentally wrong inside the republican party led by trump today. what happens after trump will be important for the party. i don't pretend to give republicans advice. it's worth listening to the fellow conservatives and not dismissing them. >> dagen: we are dismissing steve schmidt, too. gillian, the final word. >> gillian: dolly, the thing is throw the baby out with
>> josh: listen.ro and the embodiment of someone lost their minds by having president trump in the oval office. i don't encourage your viewers to read her column. i mean i think it is proven to decrease your i.q. by ten points by laying eyes on it. it's nuts. i would love to spend a full segment talking about why it's nuts. >> dagen: if she is lecturing people on how to be conservative i'm going a circuit to teach people how to be dolly parton. >> marie: you could do that....
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Aug 25, 2020
08/20
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yes or no. >> yes i can hear you i think josh is making a very -- i think it is a bold move that josh is making here is the reason these faang stocks and apple that have been on sump a tremendous tear have been driving performance for money managers like josh, like me, like stephanie and like pete who have to be benchmarked against an index this is a move against the leadership of the index saying i've got to take some off the table. i'm going to follow my discipline i'm going to do what fits my discipline which i believe will be in long term best interest of my clients it might hurt my short term relative performance if apple continues on this tear if nvidia continues on this tear which ever of these stocks continue to rock if prudence makes you come out of them, it could mean that you're going to underperform some as you take risk off it's exactly what you're supposed to do add an investor i applaud you guys. you have fo say ito say i'm goi take some off the winners. it makes all the sense in the world. it's so hard to do as an investor this is what you're paying your manager to do.
yes or no. >> yes i can hear you i think josh is making a very -- i think it is a bold move that josh is making here is the reason these faang stocks and apple that have been on sump a tremendous tear have been driving performance for money managers like josh, like me, like stephanie and like pete who have to be benchmarked against an index this is a move against the leadership of the index saying i've got to take some off the table. i'm going to follow my discipline i'm going to do what...
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Aug 13, 2020
08/20
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it's not helping >> josh, can i make that point >> let's not talk over each other. let's have a spirited debate then it's moot >> the point i was going to make, i think josh was going to say it also is that young traders are also sophisticated they do know about new platforms to trade many platforms allow you to buy fractional shares of stock that's a thing that people are doing. opening to new traders who don't have lots of aassets and they are starting to dip their toe into the water index funds don't care about fractional trades. that's where a lot of the money goes into passi iive investing. i think we're loyal investors in terms of our company in beworry about the dollar amount of the stock, that's not the right focus. i understand wa jhat jim is say. it isn't going to take them to new highs. they are already at new highs. we have gotten here without splitting the stock prices >> what do you think about this idea >> kerry and josh, what i would say also, let's talk about the liquidity that this would add and would assist in price discovery with these stocks whi
it's not helping >> josh, can i make that point >> let's not talk over each other. let's have a spirited debate then it's moot >> the point i was going to make, i think josh was going to say it also is that young traders are also sophisticated they do know about new platforms to trade many platforms allow you to buy fractional shares of stock that's a thing that people are doing. opening to new traders who don't have lots of aassets and they are starting to dip their toe into...
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Aug 4, 2020
08/20
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josh brown >> i mentioned ego minds last week the other one i bought is barrick.ke this name. >> our apologies to shannon. we had problems with her line and we hope to talk to her later on the show. scott, you have some final trades >> sure. lyft, ly-y-f-tl-y-f-t. i like the final call we're seeing during the show i bought that one during the show >> interesting stuff guys, thank you. we'll keep an eye on what the markets do i know kelly evans is doing that, because she begins "the exchange" right now. >>> thank you, scott hi, everybody, and here's what's ahead of us. the battle over jobless benefits would extending the extra $600 a week help or hinder the economy? with payments of millions of americans hanging in the balance as congress works on a compromise we'll have that debate >>> from 30 bucks to 23, back to 30 bucks again the electric truck maker is ahead as a company tonight >>> a reality check with rates at fresh
josh brown >> i mentioned ego minds last week the other one i bought is barrick.ke this name. >> our apologies to shannon. we had problems with her line and we hope to talk to her later on the show. scott, you have some final trades >> sure. lyft, ly-y-f-tl-y-f-t. i like the final call we're seeing during the show i bought that one during the show >> interesting stuff guys, thank you. we'll keep an eye on what the markets do i know kelly evans is doing that, because she...
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Aug 19, 2020
08/20
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CSPAN2
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and i give you background on where we met i called josh and i knew i had to call him because josh and i met while working on our tv show lost mystery and loss history, the title of the show is brad meltzer's lost history. i was like, i said to my wife honey, why don't we have brad melcher for dinner because yesterday we had brad meltzer's chicken and she ends she said you can sleep on brad meltzer's couch but the first work we did was to find the 9/11 flag firefighters raised at ground zero. we were able to find it four days after the episode aired enemy filled here justoutside the city . we got a phone call from a guy in washington state who identified himself as a former marine and he said i saw the show lost history, the story they told, this is the 9/11 flag i had and i want to return and the reason it return is because josh was our executive producer and we were able to go and be in new york city, we found the flag and it came out and he authenticated it and he worked with the head of the fbi crimes unit to authenticate it and we got to unveil it the 15th anniversary of 9/11 and
and i give you background on where we met i called josh and i knew i had to call him because josh and i met while working on our tv show lost mystery and loss history, the title of the show is brad meltzer's lost history. i was like, i said to my wife honey, why don't we have brad melcher for dinner because yesterday we had brad meltzer's chicken and she ends she said you can sleep on brad meltzer's couch but the first work we did was to find the 9/11 flag firefighters raised at ground zero. we...
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Aug 6, 2020
08/20
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we'll focus on disney first and foremost josh, i just got off phone with dan who told me the following about why they initiated this position he said there's no close second to disney when it comes to an entertainment company. he says they have slate of tent poll releases. we know the titles they have he said some of the commentary,s the narrative of how disney plus is being thought of in the context with netflix it's not a winner take all environment. they have to take market he thinks is easily split between those two and some other players. he also, which was interesting as well likened disney to microsoft 7 or eight yea8 years. you have a time old business and you're able in some respects to reinvent yourself. much as microsoft has done we know how well that stock has done lately. he seems a similar scenario for shares of disney josh, let me get your take on this and i'll quote some more from the letter. that's directly from my conversation with dan loeb a few moments ago. what do you think about the disney buy >> i agree with all of those comments if you were a seller of disney, y
we'll focus on disney first and foremost josh, i just got off phone with dan who told me the following about why they initiated this position he said there's no close second to disney when it comes to an entertainment company. he says they have slate of tent poll releases. we know the titles they have he said some of the commentary,s the narrative of how disney plus is being thought of in the context with netflix it's not a winner take all environment. they have to take market he thinks is...
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Aug 19, 2020
08/20
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josh says. >> testing. don't worry, c-span is watching live. can everyone hear me? >> i just briefly want to say thank you to politics and prose, wonderful bookstore, for hosting this event and allowing us to be here and thank you to brad for inviting me on this journey with him on writing this book and i will say quickly brad alluded to this a little bit. at a time when by any measure there's a lot of political turbulence and disagreement and divisiveness and confusion and fear the ability to research history and learn about history is so important and vital, to look at times in the country's history when things were very uncertain and there was a lot of fear and no one knew what was going to happen. so illuminating and informative and helpful to study other periods in history. it is a privilege to learn history and those who read the book will hopefully go on that journey with us and find something to learn and hopefully you will find it entertaining too and that is all i have to say. >> the best part is
josh says. >> testing. don't worry, c-span is watching live. can everyone hear me? >> i just briefly want to say thank you to politics and prose, wonderful bookstore, for hosting this event and allowing us to be here and thank you to brad for inviting me on this journey with him on writing this book and i will say quickly brad alluded to this a little bit. at a time when by any measure there's a lot of political turbulence and disagreement and divisiveness and confusion and fear the...
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Aug 30, 2020
08/20
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>> josh. i lost you, josh.tion to you. >> i don't -- i don't -- i think -- >> i might have -- >> you can show the hypocrisy of both. and in those specific scenarios, if you can show that they were used for a positive ad then they rebut the own ad they were used for, i think it's a very, very powerful way to show the hypocrisy of the republican party. i think they should be. >> all right. all right. josh and collin, thank you, both. >>> you've heard the refrain from democrats. the two parties are not the same and that's pretty clear on foreign policy. the difference between trump and biden, next. did you know prilosec otc can stop frequent heartburn before it begins? heartburn happens when stomach acid refluxes into the esophagus. prilosec otc uses a unique delayed-release formula that helps it pass through the tough stomach acid. it then works to turn down acid production, blocking heartburn at the source. with just one pill a day, you get 24-hour heartburn protection. prilosec otc. one pill a day, 24 hours, ze
>> josh. i lost you, josh.tion to you. >> i don't -- i don't -- i think -- >> i might have -- >> you can show the hypocrisy of both. and in those specific scenarios, if you can show that they were used for a positive ad then they rebut the own ad they were used for, i think it's a very, very powerful way to show the hypocrisy of the republican party. i think they should be. >> all right. all right. josh and collin, thank you, both. >>> you've heard the...
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Aug 11, 2020
08/20
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sdp josh, bob in new jersey. the index is to heavily weighted by the fangs, should i consider putting new money into equally weighted etfs. will that move be beneficial >> i think you'll reduce volatility but you probably won't have a sustainable performance gain relative -- let's take a look at the usa equal weighted shares. you've had a little less damage. it's not overweight. the biggest winners from the previous cycle once you get back into a real bull market, the leaders run away with the cake if you're an equal weight index, you have to accept the fact you're not going to keep pace with the benchmark index that may be okay with you. it's trade off we all make trade offs it's not a bad strategy. you should just understand what the limb taitations of equal wet are. >> corning, buy, sell, hold? >> stephen, i'd say hold this one. their new gorilla glass is extremely popular with the manufacturers. we'll see the results of that with samsung and apple's products among others. this stock, scott, is up from 25 in e
sdp josh, bob in new jersey. the index is to heavily weighted by the fangs, should i consider putting new money into equally weighted etfs. will that move be beneficial >> i think you'll reduce volatility but you probably won't have a sustainable performance gain relative -- let's take a look at the usa equal weighted shares. you've had a little less damage. it's not overweight. the biggest winners from the previous cycle once you get back into a real bull market, the leaders run away...
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Aug 20, 2020
08/20
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i think they'll have a great quarter. >> josh brown?pmorgan, i like it here. >> because anytime it's gotten under here, it's had a good run of getting back over 100 i remember you saying that on a number of occasion. >> pete, last but not least. >> c.h. robinson edan prairie, and i think we saul some call buys to the up side. >> good to see everybody thank you for watching "the exchange" starts now. >> thank you, scott. buckle up. there's a lot today its a make-or-break day for ridesharing. lyft announced it's suspending services in california we're going to speak with the mayor of san jose about this huge story and the impact it will have on california. >>> plus the two-speed recovery. we may be at record highs and unprecedented market caps. over 290
i think they'll have a great quarter. >> josh brown?pmorgan, i like it here. >> because anytime it's gotten under here, it's had a good run of getting back over 100 i remember you saying that on a number of occasion. >> pete, last but not least. >> c.h. robinson edan prairie, and i think we saul some call buys to the up side. >> good to see everybody thank you for watching "the exchange" starts now. >> thank you, scott. buckle up. there's a lot...
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Aug 19, 2020
08/20
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josh says. [laughter] >> don't worry. c-span watches life. >> i won't talk very long but briefly, thank you again to this wonderful bookstore for hosting this event and allowing us to be here. thank you for writing this book and quickly add a time if there is political turbulence and disagreement and fear in the country, the ability to research history is so important and vital especially to look at the country's history when things were uncertain. it's so illuminating and informative and helpful to look at other periods of history. it's privilege and then hopefully you will find it entertaining. that's all i have to say. >> you can ask about this book or anything else we do who was to ask the first question? >> i'm a nerd and love c-span but when you come to do an event this is the one place there is always some guy tells you what is wrong with your books. so please bring your questions. [laughter] >> it's a great topic. full disclosure i am cited in your footnotes as an author who thinks the p
josh says. [laughter] >> don't worry. c-span watches life. >> i won't talk very long but briefly, thank you again to this wonderful bookstore for hosting this event and allowing us to be here. thank you for writing this book and quickly add a time if there is political turbulence and disagreement and fear in the country, the ability to research history is so important and vital especially to look at the country's history when things were uncertain. it's so illuminating and...
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Aug 22, 2020
08/20
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BBCNEWS
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his test century, josh butler's second. crucial for his test century, josh butler's second. century, josh butler's second. crucial for him as well, having the time we were speaking about with zak crawley. jos buttler has not had the easiest time this summer behind the stumps, keeping wicket. hasn't been that tidy with the gloves compared with the bat he has excelled. 0nly tidy with the gloves compared with the bat he has excelled. only two batsmen have scored more runs than him in the series for england. what happened when he reached that 100 was a relief for him because there with a nervous moment when he was given out on 99 and elect may be the dream had died forjos buttler in this game. he got the refund made it to three figures. you could see the reaction from the england team on the balcony on the far side of the ground, celebrating, banging on the glass of the dressing room, thrilled forjos buttler because it is a popular member of the squad. we know what he can do any white ball cricket, for today, the second time only, he has delivered in red bull cricket and england
his test century, josh butler's second. crucial for his test century, josh butler's second. century, josh butler's second. crucial for him as well, having the time we were speaking about with zak crawley. jos buttler has not had the easiest time this summer behind the stumps, keeping wicket. hasn't been that tidy with the gloves compared with the bat he has excelled. 0nly tidy with the gloves compared with the bat he has excelled. only two batsmen have scored more runs than him in the series...
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Aug 18, 2020
08/20
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joining me for the how are stephanie link, josh brown and brynn. we do begin with a look at stocks we did lit the record on the s&p. josh, it's hard to believe that the s&p was at 21.91 back on march 23rd and here we are having rallied 55% to this new intraday high. it's remarkable to look at that but it's al important to think about where we could go from here >> my director of research took a look at the median time when you print a closing high until the nec time it's actually on average about 90 days. we're 126 days out from that date that you mentioned. every time the stay at home stocks look like they will roll over, somebody comes in and buys them look at zoom that looked like it was in trouble. teledoc had this really nice comeback then you think about docusign, peleton. all of them when they looked shaky have came back those stocks have been fairly important. take a look at home builders you cannot find a name in this index that doesn't look incredible on a technical basis right now. the industrials are trading sideways after digesting a h
joining me for the how are stephanie link, josh brown and brynn. we do begin with a look at stocks we did lit the record on the s&p. josh, it's hard to believe that the s&p was at 21.91 back on march 23rd and here we are having rallied 55% to this new intraday high. it's remarkable to look at that but it's al important to think about where we could go from here >> my director of research took a look at the median time when you print a closing high until the nec time it's actually...
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Aug 19, 2020
08/20
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invidia josh >> yeah.s right, jon heading into this earnings report they have been on just a tear, pull up that chart you'll see that stock has jumped now more than 100% so far this year it's up about 15% this month alone as you mentioned with a market cap now approaching 300 billion. it easily surpasses intel. analysts say much of that credit for this company's success goes directly to ceo jenson wong. jenson is nvidia he sees the opportunity and seizes it on and now he has big tail winds at his back its chips are used in the data center more people work, learn and play at home that results in greater demand for the cloud services that rely on its technology. two, it's chips are used to improve video game performances in pcs and notebooks, that of course is a big deal as more people are looking for in-home entertainme entertainment due to the pandemic now jenson could be ready to pull the trigger on a headline making acquisition, too. reports suggested he's interested in buying arm that would be huge it's
invidia josh >> yeah.s right, jon heading into this earnings report they have been on just a tear, pull up that chart you'll see that stock has jumped now more than 100% so far this year it's up about 15% this month alone as you mentioned with a market cap now approaching 300 billion. it easily surpasses intel. analysts say much of that credit for this company's success goes directly to ceo jenson wong. jenson is nvidia he sees the opportunity and seizes it on and now he has big tail...
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Aug 19, 2020
08/20
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josh lipton has more for us. josh >> so wilf, remember when tim cook was named apple's ceo back in august 2011 at that point, the market cap for his company was around $360 billion. fast forward to today. as you mentioned, apple hitting a market cap of $2 trillion. the first publicly traded u.s. company to reach that milestone, doubling in valuation in just over two years remember apple first reached $1 trillion in august 2018. stock hassen about on a tear soaring 68% in the last year, last 12 months surging more than 120% apple reported and easily beat expectations when reported late july highlight three broad reasons for apple's recent run cash is king in uncertain times. the app we know has a lot of it with a net cash position of $81 billion. two, apple is benefiting from the work from home trend, too, certainly with its mac and ipad lines. finally many investors obviously this it's well positioned to capitalize on trends, like 5g, digital health and wearables in july luca maestri, it's the size of a business
josh lipton has more for us. josh >> so wilf, remember when tim cook was named apple's ceo back in august 2011 at that point, the market cap for his company was around $360 billion. fast forward to today. as you mentioned, apple hitting a market cap of $2 trillion. the first publicly traded u.s. company to reach that milestone, doubling in valuation in just over two years remember apple first reached $1 trillion in august 2018. stock hassen about on a tear soaring 68% in the last year,...
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Aug 13, 2020
08/20
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josh is our guest. phone lines to call in, as 48-8001,02-7 20-2-748-8000,
josh is our guest. phone lines to call in, as 48-8001,02-7 20-2-748-8000,
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Aug 3, 2020
08/20
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, thanks josh lipton. bookings were the real standout, full-year guidance coming in ahead of expectations. also helping the stock here. guy, do you buy that line of thinking, that consumers will stick around even after the lockdowns and still game >> 100%. and this is, you know, tim mentioned, you know, i generally don't like new terms, but new normal is one of those new terms and this is that and by the way, you know, take-two is a name we mentioned pre-pandemic and what's happened over the last six months is just accelerated some of the things that we thought might happen i think we've been pretty steadfast in terms of take-two, electronic arts, the ea number was very good, i thought this take-two number, this quarter notwithstanding, i think the full-year guidance and the fact that operating margins are now north of 30% have people encouraged and despite the move this stock has had, i think it continues to go higher >> tim >> i love it you know, i love this stock. i love atv tomorrow, again, this number
, thanks josh lipton. bookings were the real standout, full-year guidance coming in ahead of expectations. also helping the stock here. guy, do you buy that line of thinking, that consumers will stick around even after the lockdowns and still game >> 100%. and this is, you know, tim mentioned, you know, i generally don't like new terms, but new normal is one of those new terms and this is that and by the way, you know, take-two is a name we mentioned pre-pandemic and what's happened over...
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Aug 17, 2020
08/20
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CNNW
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cnn's josh campbell joins us now for more on this.pread and what do police attribute this to? >> yeah, jim and poppy, a very violent weekend in the united states of america. as mentioned in the city of chicago nearly 30 people were shot, and as we talk about some of these statistics, it's important to remember that we're talking about human beings, about people. 30 people shot, nearly 3 people that were killed, and those instances in chicago, in separate incidents, a 12-year-old was shot, a 14-year-old, two 16-year-olds, some of the victims very young. also a violent weekend in the city of new york with 40 people shot in 48 hours from friday into saturday. as we speak right now in austin, texas, northwest cedar park, texas, there was an ongoing hostage situation. three officers were shot. they are in stable condition. as we speak a subject remains barricaded with had a hostage so a very violent situation. this comes as we're learning in this report from a criminal justice think tank telling us that crimes in major cities, 20 u.s. citi
cnn's josh campbell joins us now for more on this.pread and what do police attribute this to? >> yeah, jim and poppy, a very violent weekend in the united states of america. as mentioned in the city of chicago nearly 30 people were shot, and as we talk about some of these statistics, it's important to remember that we're talking about human beings, about people. 30 people shot, nearly 3 people that were killed, and those instances in chicago, in separate incidents, a 12-year-old was shot,...
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Aug 8, 2020
08/20
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let's get to josh lederman and barbara mcquaid. josh, we will start with you. what do we know about the orders the president plans to sign? >> we are waiting to see exactly what president trump is going to do when he takes to the podium in just a couple of hours. from his golf club in bed minister. the white house has not officially said whether or not he is going to sign an executive order. but all signs clearly point in that direction, coming off the news conference, the president hastily arranged last night in bed minister, where he said he did plan to move forward with executive action because congress has not been able to get a deal to extend these benefits that so many millions of americans are relying on. we expected trump was going to take more time before moving forward by that. he suggested by the end of the week, which many meant likely next week that potentially creating more pressure for congress to find a compromise that would avert the need for the president to go around congress by signing something himself. now the president scheduling this new
let's get to josh lederman and barbara mcquaid. josh, we will start with you. what do we know about the orders the president plans to sign? >> we are waiting to see exactly what president trump is going to do when he takes to the podium in just a couple of hours. from his golf club in bed minister. the white house has not officially said whether or not he is going to sign an executive order. but all signs clearly point in that direction, coming off the news conference, the president...
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Aug 25, 2020
08/20
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josh, thank you. guy adami, just quickly, they chose sides and probably in this political environment maybe rightly so >> makes sense i mean it's good business, right? it really dove tails nicely with what's going on. it sets them up very well moving forward. again, i didn't read the lord of the rings books with the palantir in it i'm sure it's fascinating. bk so ahead of his time with that one so i give all the kudos to one brian kelly. >>> coming up, going shopping. investors liking facebook today as the social media giant makes its biggest push yet into the e-commerce space later, why options traders are making big bets on this breakout at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start tra
josh, thank you. guy adami, just quickly, they chose sides and probably in this political environment maybe rightly so >> makes sense i mean it's good business, right? it really dove tails nicely with what's going on. it sets them up very well moving forward. again, i didn't read the lord of the rings books with the palantir in it i'm sure it's fascinating. bk so ahead of his time with that one so i give all the kudos to one brian kelly. >>> coming up, going shopping. investors...
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Aug 5, 2020
08/20
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josh. >> a lot of $0.16, not clear if that's comparable. bookings, that's a beat, street at 503, q3 guidance zynga looking for bookings of 620 million street closer to 450 for the year they say they are looking for bookings of $2.2 billion, up $360 million versus prior guidance, closer to $1.9 billion. also announcing acquisition by the way saying it is buying publisher with portfolio gains downloaded more than 250 times zynga says they are going to acquire 80% of the company with $168 million cash over the next three years requiring remainder. interesting comments on trends they saw the highest mobile daily active users in april and early may as more people sheltered in place toward the latter half mobile daus they say did start to return to levels consistent with q1 2020. heading in it was up 30% over the last three months. guys, back to you. >> all right josh, thanks let's hit numbers as well, looks like a big beat. kate rogers digging through those. >> we will take you through the numbers. etsy a huge beat, epps coming in at $0.75 compa
josh. >> a lot of $0.16, not clear if that's comparable. bookings, that's a beat, street at 503, q3 guidance zynga looking for bookings of 620 million street closer to 450 for the year they say they are looking for bookings of $2.2 billion, up $360 million versus prior guidance, closer to $1.9 billion. also announcing acquisition by the way saying it is buying publisher with portfolio gains downloaded more than 250 times zynga says they are going to acquire 80% of the company with $168...
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Aug 26, 2020
08/20
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BLOOMBERG
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josh, thank you very much for staying, josh wingrove reporting from the white house.tay tuned for the message from vice president mike pence. our guest host this morning is samy chaar, chief economist at banque lombard year. let's kick off with risk. your base line is that risk assets of your expensive and there is only positive news on the monetary or fiscal side that would justify adding to risk. i put it to you, there is a bigger risk of perhaps a rhetoric in policy misstep then perhaps an hour fall for markets. is that a base point to jump off from? good morning. >> good morning. , typically the dollar, the euro-dollar, gold prices and also equity prices are a little bit ahead of our own 6-12 month forecast. it is not that there is a total disconnect between financial assets and our expectations, but moves are extended. so we need a new story to be able to move the momentum of the two bit further. we know the risks. there is a risk around the pandemic, and other risks, but one of the main risks here would be this failure to prolong policy support. this is still an
josh, thank you very much for staying, josh wingrove reporting from the white house.tay tuned for the message from vice president mike pence. our guest host this morning is samy chaar, chief economist at banque lombard year. let's kick off with risk. your base line is that risk assets of your expensive and there is only positive news on the monetary or fiscal side that would justify adding to risk. i put it to you, there is a bigger risk of perhaps a rhetoric in policy misstep then perhaps an...
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josh kraushaar?cts acaller widespread sentiment among democrats. if you look at every poll, there are number of people saying we will never vote for president trump no matter what, it's 50% or higher. it's really hard to win an election when almost half of the country won't vote for you no matter what. even if you don't love joe biden and are skeptical of senator harris, it doesn't matter. your voting against president trump. that base of anger and sheer disillusionment with the president is very real, very high, and it makes it very difficult for president trump. host: about 20 minutes left with josh kraushaar. talking about the campaign 2020. all aspects of it. if there's a race you are interested in, (202) 748-8001 for republicans. (202) 748-8000 for democrats. independents, (202) 748-8002. we talked about wave elections before. one of your columns from late last month issued a tsunami warning for republicans. why do you think this might be a political wipeout for the gop? guest: you can see it wi
josh kraushaar?cts acaller widespread sentiment among democrats. if you look at every poll, there are number of people saying we will never vote for president trump no matter what, it's 50% or higher. it's really hard to win an election when almost half of the country won't vote for you no matter what. even if you don't love joe biden and are skeptical of senator harris, it doesn't matter. your voting against president trump. that base of anger and sheer disillusionment with the president is...
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Aug 25, 2020
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josh holmes and karl rove
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Aug 8, 2020
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let's get to josh lederman and barbara mcquaid. josh, we will start with you.to sign? >> we are waiting to see exactly what president trump is going to do when he takes to the
let's get to josh lederman and barbara mcquaid. josh, we will start with you.to sign? >> we are waiting to see exactly what president trump is going to do when he takes to the
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Aug 21, 2020
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josh lipton has that >> we have some news here on microsoft. reporting that microsoft is finding deals with foreign governments to offer cloud packages this would be like the bundle they assembled for the d.o.d., the pentagon, that contract up to $10 billion over ten years. that's being contested by amazon but microsoft already has relationships with foreign governments. amazon, microsoft go head to head in 2019 amazon controlled about 50% of that market and microsoft controlled about 15% of it market share up 15 in after hours. >> for more, head over to cnbc.com, read more about that story that josh just talked about from our crack team there. tim seymour, another stock not as superlative as apple but has been a monster of a moneymaker. >> if you look at a five-year chart on microsoft, it's a better chart the turnaround that started has been all about the cloud, has been all about enterprise. microsoft teams is going to be taking market share. there's a major argument you'd be buying that and selling zoom as you look to even just where some of
josh lipton has that >> we have some news here on microsoft. reporting that microsoft is finding deals with foreign governments to offer cloud packages this would be like the bundle they assembled for the d.o.d., the pentagon, that contract up to $10 billion over ten years. that's being contested by amazon but microsoft already has relationships with foreign governments. amazon, microsoft go head to head in 2019 amazon controlled about 50% of that market and microsoft controlled about 15%...
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it's an $18 billion deal our josh brown was on teledoc for a while. he weighs in on that deal, next. feels like there's no barriers between departments now. do you think everyone appreciates it? i do. huh... forgot my glasses. serivcenow. the smarter way to workflow. you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. they've really stood the test of time. much like these majestic rocky mountains. which must be named after the... that would be rocky the flying squirrel, mr. gecko sir. obviously! ahh come on bullwinkle, they're named after... our first president george rockington! that doesn't even make any sense... mr... uhh... winkle. geico. over 75 years of savings and service. i opened a sofi money account and it was the first ti
it's an $18 billion deal our josh brown was on teledoc for a while. he weighs in on that deal, next. feels like there's no barriers between departments now. do you think everyone appreciates it? i do. huh... forgot my glasses. serivcenow. the smarter way to workflow. you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by...
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never prove everything 100%, josh. get much more. >> reporter: unfortunately, the criminal justice system has never doubled as a grief therapist. some wounds are too great to be healed in a courtroom. >> and the day that she left the door and then her voice and what she was wearing and -- you know, i'm getting old and you forget a lot of stuff, but those things, i just -- >> not that. >> i don't want to forget her image and her voice and -- it's hard. no matter how many years pass by. >> that's all for this edition of "dateline". thank you for watching. >>> it was a whirlwind love affair. >> i felt like this was the one that i'd been waiting for. maybe it was too good to be true. did he love me, or was this all a game? >> reporter: a beautiful businesswoman falls for a dashing doctor, but her daughters have doubts -- >> i had lots of suspicions. >> she thinks his fingernails are dirty. this does not look to her like the hands of an actual doctor. who was this guy? >> his nickname was "dirty john." >> this woman knew hi
never prove everything 100%, josh. get much more. >> reporter: unfortunately, the criminal justice system has never doubled as a grief therapist. some wounds are too great to be healed in a courtroom. >> and the day that she left the door and then her voice and what she was wearing and -- you know, i'm getting old and you forget a lot of stuff, but those things, i just -- >> not that. >> i don't want to forget her image and her voice and -- it's hard. no matter how many...
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josh leadershipton going to start us off on that hey, josh. >> carl, the point of a stock political ise. you try to attract those inve investors that night have been discouraged by a high share price. the fundamental reason is always the same, he says. we want to make sure that the stock is accessible to a broader range of investors this will be apple's fifth stock split here so how is apple performing around these prior stock splits? historically they say that apple has outperformed the parks in a three-month split break. apple shares have also out performed. this comes as apple as skyrocketed higher the share up more than 70% this year now on it's best up since 2008 up 140% in the last 12 months. there is really three big reasons. one says apple's cash pile they will say that apple is benefitting from the work from home trend, the mac and ipad especially some of the important deck trends in the years ago. >> josh, stay with us. there is another stock political today. let's get to our phil labeau >>> tesla going to another all-time high today. once it kicked in they thought i will cas
josh leadershipton going to start us off on that hey, josh. >> carl, the point of a stock political ise. you try to attract those inve investors that night have been discouraged by a high share price. the fundamental reason is always the same, he says. we want to make sure that the stock is accessible to a broader range of investors this will be apple's fifth stock split here so how is apple performing around these prior stock splits? historically they say that apple has outperformed the...
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josh kraushaar's politics editor for national journal. mollie hemingway, senior editor at "the federalist." bill mcgurn, columnist for "the wall street journal." mollie let's start with you. this isn't getting a ton of coverage but it's a big development as you -- we heard from the attorney general on sean hannity show last night for testing something was going to happen. explain the importance of it and what it means in the big picture. >> for years there were a group of opponents of president trump who work together to spread a false and damaging conspiracy theory that trump and his campaign were russian operatives who had stolen the election. this was something that was for a day after day for years. it was weaponized by the federal government and its law enforcement and intelligence agencies. it was bright in part to the democratic party and the never trumper movement in that it was enabled through coconspirators in the media who willfully took anonymous leaks to spread this false and dangerous theory. at the end of the day, not a sin
josh kraushaar's politics editor for national journal. mollie hemingway, senior editor at "the federalist." bill mcgurn, columnist for "the wall street journal." mollie let's start with you. this isn't getting a ton of coverage but it's a big development as you -- we heard from the attorney general on sean hannity show last night for testing something was going to happen. explain the importance of it and what it means in the big picture. >> for years there were a group...
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. >> nbc's josh letterman is in washington for us with more on all of this. josh, you listened to what was first dubbed as a news conference, but we've been there before. we know what those events really are. does the president have the authority do any of what he just mentioned? >> reporter: it's a little bit fuzz y kendis, and the president is certainly going to get sued if he tries to take steps using executive action. the president says that's okay, he gets sued all the time and he's okay moving forward with that. some of what they're talking, the president may have some room to maneuver. for example, on federal student loans, the president certainly has a lot of authority to adjust payments, similar to the moratorium on evictions. but some of the things the president is talking about, especially the payroll tax de r deferme deferment, really unclear exactly how that would work through executive action. for example if the president defers payroll tax payments, would that mean the taxpayers would owe them later on and have to pay them back retroactively? a
. >> nbc's josh letterman is in washington for us with more on all of this. josh, you listened to what was first dubbed as a news conference, but we've been there before. we know what those events really are. does the president have the authority do any of what he just mentioned? >> reporter: it's a little bit fuzz y kendis, and the president is certainly going to get sued if he tries to take steps using executive action. the president says that's okay, he gets sued all the time and...
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. >> thank you, josh. >> what do members of congress do about this? the senate has adjourned until after labor day. it is off the job for at least the next three and a half, almost four weeks. with everything else going on, including trying to figure out another stimulus package for the coronavirus, what does congress do about this? >> we fight. we keep fighting. we know who is counting on the mail. it's not only mail-in voting. it's 600,000 prescriptions a day sent to patients of the va. so we have the power of the purse. we have the leverage of oversite. we ha we'll continue to fight, joshua. this president has never met a deal or seen an election he wasn't willing to cheat. he will do anything to avoid losing the election.
. >> thank you, josh. >> what do members of congress do about this? the senate has adjourned until after labor day. it is off the job for at least the next three and a half, almost four weeks. with everything else going on, including trying to figure out another stimulus package for the coronavirus, what does congress do about this? >> we fight. we keep fighting. we know who is counting on the mail. it's not only mail-in voting. it's 600,000 prescriptions a day sent to...
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>> this is josh. i can still hear you, erica, if you want to keep going with the answer and hopefully we can have -- go right ahead. >> josh, can you hear me? >> yes, yes, claire i can hear you. you're coming through fine and erica is going to respond. >> while we wait for claire to reconnect. i started drinking when i was about 13 and then i-- i did a lot of other drugs then. it was the '90s, in high school, i did acid, smoked weed, pretty minor stuff in the scale of things and then i really didn't drink until i was in my-- heavily until i was in my 30's and i have been-- and i didn't really do a lot of other drugs either. i mean, drinking was really my main squeeze, once i really started and i've been sober for five and a half years. my sobriety date is february 4th, 2015 and i have been writing basically since forever. i started writing when i was-- i started writing professionally when i was about 18, 19 in college. i started taking internships back in the days when internships that you did not ge
>> this is josh. i can still hear you, erica, if you want to keep going with the answer and hopefully we can have -- go right ahead. >> josh, can you hear me? >> yes, yes, claire i can hear you. you're coming through fine and erica is going to respond. >> while we wait for claire to reconnect. i started drinking when i was about 13 and then i-- i did a lot of other drugs then. it was the '90s, in high school, i did acid, smoked weed, pretty minor stuff in the scale of...
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and i wish just to josh lederman's point earlier in the segment that the biden folks would start turning it around on the president and say this is trump's america, this is what division happens and show the disturbing images from wisconsin
and i wish just to josh lederman's point earlier in the segment that the biden folks would start turning it around on the president and say this is trump's america, this is what division happens and show the disturbing images from wisconsin
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chris: josh, same question should pick and will pick.osh: i agree with marie on who he should pick, he should pick kamala harris but i don't think he's going to come i think he will pick karen bass for the following reason, karen bass checks the important boxes and democratic constituency, she just got a letter on friday from 300 key delegates at the national convention saying she should be the pick but also she's not going to overshadow joe biden which i think is a real concern for this campaign, if you have something like harris out there, there's no question she would bring more energy than joe biden and that could be trouble to them . chris: the other obvious point, when obama picked biden, he said view this as the capstone and the pinnacle of your career from the moment and let me ask you briefly, and 30 seconds, if biden, harris ticket is elected doesn't kamala harris run for president on day one? marie: i think every vice president think about running for vice president as soon as they are elected. i think she was very close with
chris: josh, same question should pick and will pick.osh: i agree with marie on who he should pick, he should pick kamala harris but i don't think he's going to come i think he will pick karen bass for the following reason, karen bass checks the important boxes and democratic constituency, she just got a letter on friday from 300 key delegates at the national convention saying she should be the pick but also she's not going to overshadow joe biden which i think is a real concern for this...
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>> reporter: josh -- cnn. this morning the president had harsh words. he didn't condemn the violence, but in his words it was expected because of the weeks of the violence. what is your response to that? >> my response is as the president of the united states, somebody who has been perpetrated divisive and hateful language for four years, for him to stand here and say it's unexpected is appalling to me. we all saw this coming. as i've said, i stood at this podium i don't know how many times and have said we must denounce the violence, we must work together, we must accurate loy address what's going on around systematic injustices in our community here in portland and hold ourselves accountable, but the president has a role to play in this as well in acknowledging and understanding those systematic injustices nationally. the tweets he's been putting out in the last 48 hours attacking democratic mayors, attacking those who are trying to bring resolution to the violence in their local communities, he has an opportunity to uplift us and bring us together an
>> reporter: josh -- cnn. this morning the president had harsh words. he didn't condemn the violence, but in his words it was expected because of the weeks of the violence. what is your response to that? >> my response is as the president of the united states, somebody who has been perpetrated divisive and hateful language for four years, for him to stand here and say it's unexpected is appalling to me. we all saw this coming. as i've said, i stood at this podium i don't know how...
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and so i think what etsy and josh is saying and josh is an ebay alum and ebay was the inventor of thisel i was an ebay alum as well and there are already laws in place to be able to protect buyers from sellers that are selling fraudulent goods, counterfeit goods. and this particular bill, the way that i read it, it really is focussing on online marketplaces and kind of carving online marketplaces out from some of the other methods that connect consumers directly to sellers in a gathering. think about an antique shop. think about even a flee market those are the same types of dynamics it's just that these marketplaces do it online. so, you know, look, we all have to realize that amazon is in the business of trying to sell as many products as possible. amazon started selling directly to consumers and then the technology was so good and it built out such robust infrastructure it made sense to open that up and allow third parties to be able to access that infrastructure and process as well. and i look at the ability for these other marketplaces, like etsy, that are competing on a different
and so i think what etsy and josh is saying and josh is an ebay alum and ebay was the inventor of thisel i was an ebay alum as well and there are already laws in place to be able to protect buyers from sellers that are selling fraudulent goods, counterfeit goods. and this particular bill, the way that i read it, it really is focussing on online marketplaces and kind of carving online marketplaces out from some of the other methods that connect consumers directly to sellers in a gathering. think...
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josh lipton on apple's big day buy beer buy marijuana? hope for the best.d plan. up next, an analyst makes the case for beer and weed saying sam, boston beer could hit $1,000 at at $886 and pot stocks could light it up. stay with us where are you?! honey, did you hear about these new geico savings? mom? you'll get an extra 15% on top of what geico could already save you. can i call you back? your father's been researching our geneology. we're vikings! there's never been a better time to save with geico. switch by october seventh for an extra 15% on car and motorcycle insurance. hey, we lost the wifi password. do you remember what that is? for skin as alive as you are... don't settle for silver ♪ gold bond champion your skin gold bond (music) anncr: give customers access to precisely what they want, when they need it the most. with adyen, the payments platform that delivers convenience for all. adyen. business. not boundaries. >>> welcome back beer stocks are jumping on a pickup in demand since the covid-19 lockdowns sam could go even higher joining us on th
josh lipton on apple's big day buy beer buy marijuana? hope for the best.d plan. up next, an analyst makes the case for beer and weed saying sam, boston beer could hit $1,000 at at $886 and pot stocks could light it up. stay with us where are you?! honey, did you hear about these new geico savings? mom? you'll get an extra 15% on top of what geico could already save you. can i call you back? your father's been researching our geneology. we're vikings! there's never been a better time to save...
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you're talking about your friend or our friend josh and. >> hello, josh. >> you said he knew something about me i was not willing to acknowledge about myself but i will turn anything into an intellectual exercise even my own life. do you think your intellectualism and your intelligence cap you stuck in your loop? thinking you had this figured out? >> i think one of the things of one of the characteristics, i don't want to talk about myself i guess on that front but so i'm trying to say that this is a universal truth that i found with people who relapse a lot is that they over intellectualize everything and for me i thought especially when i was in treatment and doing outpatient and doing all these different things and going to therapy i thought i could talk myself through it and i thought that if i just fully and thoroughly understand every aspect of this i can do the things that are required and here are the things that according to me are not required because i'm smarter and better than that and it will work and the funny thing is the thing that ended up working and well, it was a co
you're talking about your friend or our friend josh and. >> hello, josh. >> you said he knew something about me i was not willing to acknowledge about myself but i will turn anything into an intellectual exercise even my own life. do you think your intellectualism and your intelligence cap you stuck in your loop? thinking you had this figured out? >> i think one of the things of one of the characteristics, i don't want to talk about myself i guess on that front but so i'm...
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josh, thank you.mall business, very strong numbers, very strong share price reaction, up 14% here after hours. box had basically done nothing over the last three months, a nice comeback from the march lows just another sign after salesforce that enterprise spending is in a good place, if you're providing these kind of cloud services that power the work from home trend. >> the fact that it's been a laggard as you said, the fact this the best day i can ever remember for a cloud-based enterprise software company to have their results hit the market, you know, then you see that reflex reaction the fact you've got 25% move and $200 billion company today in crm is pretty stunning. >> yeah, and up 13% in after hours for that specific stock, sara this enterprise trend, it continues. does that give you reason to continue investing in that sp e space? >> we generally think these companies are benefiting from digitization the thing with something like box, it is a smaller cap company, there is a handful of compa
josh, thank you.mall business, very strong numbers, very strong share price reaction, up 14% here after hours. box had basically done nothing over the last three months, a nice comeback from the march lows just another sign after salesforce that enterprise spending is in a good place, if you're providing these kind of cloud services that power the work from home trend. >> the fact that it's been a laggard as you said, the fact this the best day i can ever remember for a cloud-based...
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ceo josh brown here as well.broader model glued to the levels on s&p 500 because we're on record close watch. the first time s&p 500 made a record close since february 19, prepandemic. 3383 is where we are right now 3386 would be a record close we're also watching for a record intraday high which is 3393. mike santoli, significance of these levels and these milestones. >> means the market hasn't done anything in six months no the significance is to really just track the pace and the steepness of the financial recovery that we've seen here. we all know the reasons why. we know the kinds of stock it took us here it seems as though today the market said what's the shortest path to get it over with let's take microsoft and apple agency does it for us underneath the hood very kind of quiet action, very mixed, 50/50 versus up and down, some bigger nasdaq stock bouncing off their trend line the significance really is to take an opportunity to stop and assess and say what got us here, what's in the tank for the market a
ceo josh brown here as well.broader model glued to the levels on s&p 500 because we're on record close watch. the first time s&p 500 made a record close since february 19, prepandemic. 3383 is where we are right now 3386 would be a record close we're also watching for a record intraday high which is 3393. mike santoli, significance of these levels and these milestones. >> means the market hasn't done anything in six months no the significance is to really just track the pace and...
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josh lederman live in washington for us. thanks. >> and she teased that on twitter saying she would be able to make it to that press conference. another thing i want to note from josh's report is in addition to the states having to approve that extra 25% people actually have to be able to be approved through their state before they even qualify for the federal aid, the additional $300, so there is a chunk of people who aren't going to qualify for this $400 in additional federal aid. >> that's not going to happen, or is it? let's find out. >>> the president's new executive actions could face legal challenges in the coming days. joining us is nbc news legal analyst glen kir i wish ner. good morning to you. when you look at these four actions which do you think is most likely to face a legitimate legal opposition? >> good morning, corey and kendis. when it comes to executive orders they are not all created equal. if we look at, for example, his attempt to spend money, with he all know congress has the power of the purse n a tim
josh lederman live in washington for us. thanks. >> and she teased that on twitter saying she would be able to make it to that press conference. another thing i want to note from josh's report is in addition to the states having to approve that extra 25% people actually have to be able to be approved through their state before they even qualify for the federal aid, the additional $300, so there is a chunk of people who aren't going to qualify for this $400 in additional federal aid....
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josh, we'll begin with you. in the last hour we confirmed he will sign an executive order. anything else we know? >> yeah, that's right. we knew as of a couple hours ago president trump for the second time in two days had hastily called a press conference that was not previously on his schedule. we did not know exactly what was going to take place at that news conference. now in the last few minutes a white house official confirm pg the presidepg -- confirming the president will sign an executive order on coronavirus economic relief. we don't know exactly what will be in what the president signs today but a pretty good sense of what he is looking at based on some comments the president made last night when he threatened to take executive action and outlined steps including the eviction moratorium that so many democrats and republicans want to be extended right now. the president also looking at a payroll tax deferment. something that is very controversial even among republicans who say it is not the best way to juice the economy right now. but the president seeming to indic
josh, we'll begin with you. in the last hour we confirmed he will sign an executive order. anything else we know? >> yeah, that's right. we knew as of a couple hours ago president trump for the second time in two days had hastily called a press conference that was not previously on his schedule. we did not know exactly what was going to take place at that news conference. now in the last few minutes a white house official confirm pg the presidepg -- confirming the president will sign an...
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hey dr bunky few take your shot of shot thank you josh for having me awesome my name is sam i'm. based in bhopal in central india and i am not a sudden turning up of the bioethics and for the sake of pleasure to be i'm sure. we're happy to have you doctor upon our dr simon died. thanks for having me josh so i was there and i'm about a 3rd theater actor for this is my special purpose program for a very large health care system york city i'm also a fellow pilot of a 19 task force for the federation of american scientists and i'm happy to all. oh yeah thanks for being here and dr near a young. i think so. and the director of drugs university's center for occupational. aren't great and this is much for my mom is the audience in a pre-show discussion we agree we're going to go by 1st names here. otherwise i would call them but by their proper name but this is going to make it a little easier a little faster so are we start with you what kind of testing does it take to develop a new vaccine and get it to the people there are 2 basic options right epic testing and human challenge can yo
hey dr bunky few take your shot of shot thank you josh for having me awesome my name is sam i'm. based in bhopal in central india and i am not a sudden turning up of the bioethics and for the sake of pleasure to be i'm sure. we're happy to have you doctor upon our dr simon died. thanks for having me josh so i was there and i'm about a 3rd theater actor for this is my special purpose program for a very large health care system york city i'm also a fellow pilot of a 19 task force for the...
SFGTV: San Francisco Government Television
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Aug 22, 2020
08/20
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i truly believe that josh -- that john lewis would be proud of josh's thinking good trouble. i came to live in san francisco 17 years ago, and i was proud of its reputation as a technological hub and a must-see city with great normal beauty. it is a city which benefited from the hard work and the forceful thoughts of those who came many years before us. 17 years later, with climate change pounding on our doors, the city's decisions to cut down beautiful and measurably tech tech technologically useful trees -- i couldn't believe that you could measure what every tree does in terms of its work, it belies that reputation of both applied technology and respect for environmental beauty. in short, please do not see trees as an enemy or as a nasty obstruction to development. count them, plant them, plant five, ten times more than we need. you can always take them down in the future. but please see trees as a mighty soldier that's fighting the fight of the changing climate. now we need to do the hard work and make the sacrifices for those that come after us, like the people that came
i truly believe that josh -- that john lewis would be proud of josh's thinking good trouble. i came to live in san francisco 17 years ago, and i was proud of its reputation as a technological hub and a must-see city with great normal beauty. it is a city which benefited from the hard work and the forceful thoughts of those who came many years before us. 17 years later, with climate change pounding on our doors, the city's decisions to cut down beautiful and measurably tech tech technologically...
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Aug 15, 2020
08/20
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josh letterman joins us now. the president has been on a bit of a retweetstorm today, claiming widespread fraud of course with mail-in ballots. what is the late nest his effort to defund the postal service? >> he has been retweeting a series of tweets from spokespeople from the republican national committee talking about dead people voting, widespread mail fraud. we should point out although there have been some problems with mail-in voting in some of the recent primaries we have seen, there has been no evidence of any kind of widespread fraud so far. but this seems to be on the president's mine as waging a battle over mail-in ballots and funding for the post office. as far as the negotiations with congress to extend covid relief and possibly add money for the post office and for vote by mail operations, we have a little bit of movement here after several days of really inaction. we learned just in the last hour that the white house chief of staff is now having conversations with a group in congress known as the
josh letterman joins us now. the president has been on a bit of a retweetstorm today, claiming widespread fraud of course with mail-in ballots. what is the late nest his effort to defund the postal service? >> he has been retweeting a series of tweets from spokespeople from the republican national committee talking about dead people voting, widespread mail fraud. we should point out although there have been some problems with mail-in voting in some of the recent primaries we have seen,...
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Aug 9, 2020
08/20
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josh said democrats are under immense pressure. if they choose not to pursue any legal battle, what kind of precedent does this set? >> under the constitution, nst the congress that has the power to authorize federal spending. the constitution design is fiscal choices are difficult. one example is with this payroll tax. we don't know whether it's going to be permanent. if it's not permanent then there's not going to help workers because employers are still likely to take the money out of people's paychecks. if it is permanent, where is the money going to come from. it might come from social security. these are difficult fiscal choices which is why the constitutional design is it's congress that makes these decisions. the president has a very broad view of his executive power. he's issued these kinds of orders before with the travel ban, the so called muslim ban with tiktok this week. with building the wall. these have been challenged by congress but some judges also fear the president's raw view of executive power so it's uncertain
josh said democrats are under immense pressure. if they choose not to pursue any legal battle, what kind of precedent does this set? >> under the constitution, nst the congress that has the power to authorize federal spending. the constitution design is fiscal choices are difficult. one example is with this payroll tax. we don't know whether it's going to be permanent. if it's not permanent then there's not going to help workers because employers are still likely to take the money out of...