i disagree with ron barron who was great this morning, it's the same thing over and over again he saidhen people get scared out you need professionals i mean, people just kind of otherwise want to own index funds. warren buffett scared people out because he sold all the airlines exactly when they -- some of these day traders decided to run it so it's the professionals that scared the people out, not the amateurs now, the amateurs i wish -- do i wish that they were buying bristol-myers? they will one day. after they've lost some money they will discover the idea that there's some really good companies, but this is part of the -- this is teething. they're teething and they've got -- right they're teething i'll lose some money on danbury resources, but i made some hertz. carl icahn sells 38% of hertz at 70 cents but these people feel it's worth $5. i don't know, maybe they're showing contempt for carl or maybe they just don't know what they're doing, but once they learn they will then fall in the line of people who have invested in great stocks like -- why don't they buy amazon in the rea

are all taking this into account, and that's why the special section in this week's baer ron's focuses -- barron's that sg. >> that's right. so, again, there are three things that kind of underlie the sudden and extremely strong interest in the s factors this year. and the three things are the pandemic, the recession and also the widespread recognition of income and racial inequality that was triggered by the death of george floyd and so many others. as you point out. so while governance and the environment were critical, now the social or part is important. so what you saw this year is you saw bank of america, for example, during the pandemic raising wages and deciding not to do layoffs. in response to the protests, you saw blackrock say that it will dramatically increase the proportion of black employees in its work force and in its senior management. this is all consistent with stakeholder capitalism. what stakeholder capitalism is about, as proponents say, is paying attention to everybody in the food chain. loyalty matters, and these constituencies can help a company survive and thrive into th

ron barron, he was right in 100.rice targets that may not happen instantly but could happen it makes people excited. people are very excited about this market the last couple of weeks. hit by the reopening people say forget the reopening. can you look at that in our sick i know people who got sick and who died, it's cavalier to say the hot spots mean nothing. >> right we've been through a lot i worry now about getting complacent get it now in new york, that's just -- bad luck, i guess. >> at least they know how to treat it better. >> we do we do. but, you know -- anyway. scary. we're all dealing with that anxiety on top of everything else thanks, jim. we'll see you in a couple minutes. andy >> great thank you. meantime, talk more about the markets and talk a little how tech could fare in this sell-off this morning the founding partner of of a fa one capital joining us this morning. dan, you look at what's happened over the past couple of days does it make sense to you? >> yeah. absolutely makes sense i mean -- step b

. >> in fact, what he's done with tesla shares lately has been something to watch we have ron barron on next week to talk about that and spacex. >> i think he's a trillion air that's 1,000 billion that's going to cause a raw cuss that's enough income inequality for the whole planet >>> when we come back, we'll get you ready for today's big job's report forecasters expecting 8 million jobs were loss in the month of may. more predictions next. pointing to that rally dow has been up four trading sessions in a row. now indicated up another 250 points lower than half an hour ago when it was up more than 300 points s&p up by 19, nasdaq up by 21. dow already up more than 3.5% this week. we look at yesterday's s&p 500 we look at yesterday's s&p 500 winners and losers. as business moves forward, we're all changing the way things get done. like how we redefine collaboration... how we come up with new ways to serve our customers... and deliver our products. but no matter how things change, one thing never will - you can rely on the people and the network of at&t... to help keep your business co