from united parcel's latest quarter, ups is on fire. the more it rallies, the more analysts raise price targets which is why stock objects in motion stay in motion. i want you to call cramer's first law of analysts dynamics and get extremely positive numbers now that it's broken out and several price target boosts. you know what? i'll order up on upgrade or two. waiter not restaurants anymore. we're seeing the same thing with banks. i mistakenly sold j.p. morgan because i thought congress would fail to compromise without more stimulus, we're looking into a body blow to the entire financial industry. i thought we would be hearing about the possibility of dividend cuts and president trump comes out with executive orders that will give people $400 a week in addition to unemployment insurance payments and nobody is freaking out about the banks. when you look at the fine print, it will take weeks to set up this program there might be legal challenges. states have to kick in 25% of the cost or get nothing, which is money they probably don't h

they're looking at united parcel i have to default to, yes, the largest company on earth and why it is raising price target the easiest call in the world, the easiest call in the world. >> just keeps going and going and going, doesn't it? >> we have a have and have not market the have nots are completely out of control in terms of how no one wants them >> a lot more have than have nots and as we made the point time and again just five stocks represent almost a quarter at this point of the movement in the s&p 500 index. it is a market weighted index which always said statistically relevant, but it's still thrown off. >> the people who afrankly take advantage of it. i see maybe going after mgm, they took a stake in it. that's someone who believes that there might be something going on that is worth investing in. >> no, without a doubt listen, i'm not saying there isn't stuff going up things are busy when it comes to even transactions and it feels as though things are getting back to a busier place and i'm not just talking m and a and we talk about everybody's gut one. but beyond that. an

number 12 is freight united parcel put up an amazing number that created phenomenal pin action for fedex but they both got slammed today the rails have been rallying, too. they are economic licensetive and continue to run today. very important the transports rarely lie. here is the huge question, if the recovery stocks are ready to make a comeback and big technology names get hammered, can the market handle the switch without giving up the ghost entirely now, initially looked like the covid plays could hang in there but then they collapsed and took the averages down with them. remember, the covid winners are able to lead us to incredibly lofty levels we could be in a weird situation where improving economy hurts the averages because these high flyers, the shopfies, are heavily weighted in the major industries, not apple. microsoft. either way, the bottom line is that you need to stick with what i call the barbell, meaning owning recovery stocks and some covid stocks but i do think it time to lightening up on some of those covid names and swap into more stocks like honey well and dupont d

. >> right and this stock would be -- on this rotation, fedex rotation, united parcel rotation, you mighte had something going l build is coming back and that's another one of the things that's making it so the market is, should make some sense i don't know, david. there are things that are, to use what larry kudlow would say, they're green shoes of which uber is not participating. >> to your point, ppg is the stock is up over of% >> ppg makes the high-end autos, they are, wow. look at that thing they're the paint company and i do think this is for real. 30 million people, i don't know how many people are being evicted or being staved from eviction or how many businesses are failing but we're not trading hair salons and gyms we're trading cars and the companies that make things in cars and i think that ppg is a shorted stock or a stock that nobody has, and it goes up if autos are being built again. we are in some weird moment, david, where if you get any good news, everyone just leaps on it, and that's what's going on with ppg. >> we also seem to be in an area where there's bad news, unfo

protesters have gathered outside the home of the united states postmaster general after the parcel service said that it could not guarantee that all ballots for november's election would arrive in time to be counted the postmaster general a republican dyna has ordered a raft of cost cutting measures since his appointment in my it's feared that millions of american voters could be disenfranchised. and the pentagon says it's setting up a new task force to be in. to get you with or sightings in i prove the us navy released footage taken by pilot showing midair encounters with what appeared to be u.f.o.'s the u.s. military says it's concerned about unidentified aircraft which it believes could be drives from other countries flying near its bases on kong media tycoon jimmy lai has denied colluding with foreign governments after being released on bail lie was arrested last monday on during a new security law imposed by beijing during an interview with the w. he said he expected resistance in hong kong to china would continue. their soaring campaign or jimmy lie has been detained many times but t

united states to get this over the line? again we dr. gargash: said that part and parcel of what we had agreed will be also, i would say, a closer relationship with america. i mean, america is our most important strategic ally. but of course, with this normalization of relationship with israel, we expect that this relationship will be closer, not in one area, but all manus: sorts of areas. manus:you are in the mood to negotiate, will this shift the position of the uae and considering negotiations? saygargash: again, i would we are always open to an idea of a resolution of this government. it has taken too long. saudi arabia is leading, and saudi arabia has presented ideas and proposals that the companies have rejected. we hope they accept, because we are hoping to close this rift, but they have to be ready to see what these proposals are. manus: thank you so much. sorry for cutting you off. anwar gargash, guy johnson, good afternoon in london. guy: good evening in the uae. thank you very much for spending your weekend with us and conducting that interview with the secreta

this is another way of poking back at china, it may not have a big consumer effect on the united states but in parcel houston, up substantial move because it was found to be a founder of security breaches and cyber intervention in the u.s. business. connell: in the middle of all of this, as a quick final thought, the u.s. intelligence community, the officer to a statement today talked about the 2020 election and they basically said, china wants biden to win and award that was used in the statement that they're looking to denigrate biden, your thoughts on all of that before we wrap up. >> hard to say what china is doing and who it's favoring at this point but the gamble that china, if it were to be essentially trying to get the president defeated while the russians are trying to get them elected, maybe not cancel each other out as are both effective or ineffective. china would make the wrong calculation, no matter what administration, the dying has been cast on china at this point, the u.s. business community has gotten angry, once a great his ally of china has gotten angry european allies are angry,

unit. to probe any allegations relating to the misuse of 19 funds across or spheres of the states. the allegations include the theft of food parcels for the poor and anomalies in awarding tenders for personal protective equipment the special investigating unit is to probe more than $600.00 corruption cases linked to 294000000 dollars coronavirus procurement tenders the president took the unprecedented step this week of publishing a list of all companies that had won coronavirus related contracts response to accusations that tenders have been given to families and friends of the a.n.c. of the recently established special coordination center which is called the fusion center which it brings together all. criminal justice entities to strengthen the collective efforts among law enforcement agencies to prevent detect investigate and to prosecute corporate related corruption. the government temporary employer employee relief scheme which was to provide juggler south africans with emergency monthly payments had already come under heavy scrutiny and had been reports of billions of rounds going to bogus companies created to receive payment

you know, i think it's an impressive accomplishment to bring 550 units of affordable housing to a parcel of land. i think that most of us would agree that, you know, we would love for this to be a project where all 1100 units are affordable housing, but that's not the choice that we have before us today. and i think all of us would sort of agree that we would like the land to be leased instead of sold, but president yee, i have to commend you because you really listened to the community, and in the last couple of weeks, you've done almost an incredible, amazing job. the fact that the majority of the land will be leased back to the city, given back to the city is incredible. also, there are a lot of things that i like about this project. i like the fact that there's educator housing. i like the fact that it's for families. i like the fact that we're building for low and very low-income families, and i like the fact that the child care center, they're paying $1 for rent so that low-income families can actually have good educational outcomes for their children. i think this is the type of p

discrimination and inclusion we can talk about that but while the united states military has been a leader to make sure it's not part and parcel we are not immune from what's happening and broader society. and to retain the best and brightest and to have all of those opportunities. with sex and gender and sexual orientation. so they give it a chance to talk about what we're doing today and talk about broader issues and while america is focused inward on issues at the same time we are focused to maintain our national security capability to defend the country and we see that is our top priority and we continue to do so as we move forward. so with that thinking i look forward to a good discussion today. >> there's so much we could talk about. with rising china with the national security perspective. with the challenges and then to talk about reorienting to the strategic competition. what are the specific things that are underway? >> for many decades in the war fighter and then to focus and i have seen this over time whether on capitol hill with us commission on economic security review commission. with the economic and military.

authorized the special investigating units to probe any allegations relating to the misuse of 1000 funds of course. of the states. the allegations include the theft of food parcels for the poor and anomalies in awarding tenders for personal protective equipment. the special investigating unit is to probe more than $600.00 corruption cases linked to $294000000.00 coronavirus procurement tenders the president took the unprecedented step this week of publishing a list of all companies that had won coronavirus related contracts a response to accusations that tenders have been given to families and friends of the a.n.c. of the recently established special ordination center which is called the fusion center which brings together all the criminal justice entities to strengthen their collective efforts among law enforcement agencies to prevent detect to gates and to prosecute goods related to corruption. the government temporary employer employee relief scheme which was to provide jobless south africans with emergency monthly payments had already come under heavy scrutiny and had been reports of billions of rounds going to bogus companies created to receive payments on

you know, i think it's an impressive accomplishment to bring 550 units of affordable housing to a parcel of land. i think that most of us would agree that, you know, we would love for this to be a project where all 1100 units are affordable housing, but that's not the choice that we have before us today. and i think all of us would sort of agree that we would like the land to be leased instead of sold, but president yee, i have to commend you because you really listened to the community, and in the last couple of weeks, you've done almost an incredible, amazing job. the fact that the majority of the land will be leased back to the city, given back to the city is incredible. also, there are a lot of things that i like about this project. i like the fact that there's educator housing. i like the fact that it's for families. i like the fact that we're building for low and very low-income families, and i like the fact that the child care center, they're paying $1 for rent so that low-income families can actually have good educational outcomes for their children. i think this is the type of p

while the united states military has been a leader dealing with discrimination in the ranks and making sure it is not part and parcel of the force, we are not immune from what is happening. we are taking a number of actions to do that for two reasons. first, it is the right thing to do, but secondly, we need to be able to recruit and retain the best and brightest and make sure they feel respected and have equal opportunities everybody else does. that applies not only for people of color, but for ethnic differences, sex, gender, sexual orientation, you name it. we want to represent the e andcan people we sworn oath to protect. i just want to talk about broader issues and ensure you that while america is focused inward on covid, at the same time we are focused inward and maintaining our national security capabilities in defending the country and we see that as our top priority. i look forward to a good discussion. >> thank you. that covered a lot of waterfront. i thought i might ask you to elaborate on a really defining your political challenge which is obviously the rise of china and how to think about that from a na

it is part and parcel of t the problelem, that is all mamajor popoliticians at all major popolitical parties, espepecialy ththose that havave been backedy the united states, saudi arabia, france, and others in the western world. amy: we just have 1 10 seconds, but yoyou expepect the protestsn the ground and it is ravaged capital beieirut to intensisify? >>>> i do suspect they will intensify. but is always the case, that challenges can they translate their presence on the ground into meaningful pressure for institutional and structural change in lebanon? i wish them the best. i am admired and in awe of the bravery and courage. we will have to wait and see what happens. amy: ziad abu-rish, thanknk you for being with u us, researchh fellow a at the beirut-based lebanese center for policy --dies, co-editor co-director of the m.a. program in human rights and the arts a t bard college. when we cocome back, we speak kh ed yong. stay with us. ♪ [music break] amy: "poupayee" by flugen. this is democracy now! i'm amy goodman wiwith juan gonzalez. the world has passed a grim milestone -- 2 20 million coronavirus caseses. over 5 million of the confirmed infec

creates a feasible project 550 affordable housing units so we can continue to fund an equitable range of projects. as you can see, the balboa reservoir parcel is directly to the west of city college's main campus. we have heard from college trustees and stakeholders that the project must support the long-term health of the college. the development team has proposed to do so with the inclusion of affordable educator housing which will have a first preference for city college and allow the college to attract and retain diverse faculty and staff. we have heard the project must maintain student's access to education. we have worked closely with the college and sfmta to prioritize investment. in addition, they require that the developer construct up to # 450 public parking spaces that will support college drivers. the a.d. codified each of those benefits so the city can ensure they are delivered as the project is built out. transportation has been a robust topic of discussion throughout the community planning process with concerns about traffic and pedestrian safety. the community forum has spurred a number of collaborative efforts to improve tr

100% affordable house were built on this parcel without a need for it to be profit generating, the project could be half the size. the project study includes 550 units of affordable. if the total project were 550 units of affordable, without the need for 550 units of for-profit market rate, then the time to build would be cut in half, as well as the noise and dust pollution and traffic congestion that affect as the nearby neighborhoods. a 100% affordable project, especially one focused on city college and those working there, and the students, would need no parking structure, nor an extension of lee road. infrastructure costs would be greatly reduced. pedestrian and bicycle safety would be greatly increased. the project could use the southern part of the parcel, leaving the northern portion for solar panel covered parking, thus generating electricity for the college and the project and for easy access to city college, which we all love and need. please send us back to the planning department and ask them to revise the e.i.r., this time, considering a 550-unit, 100% affordable housing alternative. thank you. >> clerk: thank you. thank you very much f

100% affordable house were built on this parcel without a need for it to be profit generating, the project could be half the size. the project study includes 550 units of affordable. if the total project were 550 units of affordable, without the need for 550 units of for-profit market rate, then the time to build would be cut in half, as well as the noise and dust pollution and traffic congestion that affect as the nearby neighborhoods. a 100% affordable project, especially one focused on city college and those working there, and the students, would need no parking structure, nor an extension of lee road. infrastructure costs would be greatly reduced. pedestrian and bicycle safety would be greatly increased. the project could use the southern part of the parcel, leaving the northern portion for solar panel covered parking, thus generating electricity for the college and the project and for easy access to city college, which we all love and need. please send us back to the planning department and ask them to revise the e.i.r., this time, considering a 550-unit, 100% affordable housing alternative. thank you. >> clerk: thank you. thank you very much f