Whether people show up is a whole other question. Michael Pachter of Wedbush notes that because 30% of the moviegoing audience is made up of people 50 and older, “a significant portion of moviegoers are not going to be bold enough to return to theaters.”
Calls to Cut Funding for Police Grow in Wake of Protests
Minneapolis Mayor Jacob Frey, a Democrat, said he supports “massive structural and transformational reform” but not a full breakdown of the current department. “Am I for entirely abolishing the police department?
Undervalued Stocks Soared, But Not Because They’re Undervalued
Prof. Eugene Fama, who won an economics Nobel Prize, argued that value stocks outperformed because they were riskier, and the efficient stock market rewards higher risk in the long run. A different view holds that investor behavior is the answer: investors shun bad companies more than they should, leaving them artificially cheap. Those with the gumption to buy will eventually be rewarded when others recognize that their prospects are merely bad, not awful.
Blaming ‘Outside Agitators’ Is a Centuries-Old Ploy
Young people of color have been at the forefront of these protests from the outset.
Blaming ‘Outside Agitators’ Is a Centuries-Old Ploy
I have also seen white gangs wandering the streets armed with baseball bats and golf clubs, threatening protesters and assaulting a local NPR radio producer. What I haven’t seen are outside agitators, much less antifa.
BlackRock to Hold Companies and Itself to Higher Standards on Climate Risk
The Wall Street Journal reports:
The rise of index funds transformed three firms into major forces in corporate America and thrust them into the public spotlight.
Boeing’s Next Jet Faces More Scrutiny From Foreign Regulators, Amid 737 MAX Crisis
The European Union Aviation Safety Agency said in a statement it is performing a “concurrent validation” of the FAA’s certification of Boeing’s 777X, a new variant of the company’s popular wide-body jet.