“We’re finding great ways to channel our energy into online programming and making headway on a number of projects,” Ms. Gradwohl said, “as opposed to spending all our time trying to figure out how to stay open safely.”Now a survey by the American Alliance of Museums published Tuesday makes clear that nearly one in three museums in the United States remains closed because of the pandemic, and most of those have never reopened since the initial shutdown in March. At the San Diego Natural History Museum, and at institutions much like it across the country, the exhibition halls remain dark, the atriums empty, the frontline employees furloughed.Judy Gradwohl, the president and CEO of the museum, decided in August to close for the remainder of the year — and she said in an interview on Tuesday that she believes she made the right call.- Advertisement –
“The market got too far ahead of itself,” said Markets.com analyst Neil Wilson.In the US, stocks have followed a fairly unbroken path higher from the market’s worst days in March, fueled by optimism over the reopening US economy and the expected boost from aggressive stimulus measures approved in Washington.But US Federal Reserve Chief Jerome Powell offered a sober outlook on the US economy during a press conference Wednesday after the central bank signaled it planes to keep interest rates low for the next few years in light of the shaky recovery.Analysts also fixated on increasingly worrisome trends on new coronavirus cases in several states, including Florida, Arizona and Texas. After a rally lasting more than two months, Wall Street hit a stumbling block Thursday as spiking coronavirus cases in several United States states helped spur the worst sell-off since March, when market turmoil over COVID-19 was at its peak.The Dow Jones Industrial Average finished down 6.9 percent, a loss of more than 1,850 points, to 25,128.17, also weighed down by worries over excess valuations and another massive number of US jobless claims.Bourses in Paris, Frankfurt and London all plunged at least four percent. “Wrong direction,” the Houston Health Department in Texas said in a tweet Thursday that showed recent trends in the city. “If we don’t take the increasing #COVID19 cases seriously NOW, we may soon end up in a deadly situation.”Wear a mask, social distance, wash hands & get tested.”LBBW’s Karl Haeling said “It’s concerning that a lot of states are seeing a spike in rates.””It’s hard to interpret whether that represents a real increase, or just the fact that more states are testing people now,” he told AFP.Too much optimism?Heading into this week, analysts had begun describing equity valuations as “frothy” following steady gains since March, saying they do not reflect the grinding recovery many economists anticipate.”We’ve been talking about the optimism trade for a while, and it just ran into some facts,” JJ Kinahan, chief market strategist at TD Ameritrade, said in a note.”The facts are we’re not fully reopened and businesses aren’t all the way back,” Kinahan said. “Basically, the market got out a little over its skis.”Losses were broad-based, but some of the worst affected sectors included banks such as Bank of America, down 10.0 percent, oil services companies like Halliburton, down 15.4 percent, and travel-oriented companies including United Airlines, down 16.1 percent and Marriott International, down 10.9 percent.Boeing dove 16.4 percent, hit by the pullback in the broader market as well as news that 737 MAX contractor Spirit AeroSystems had furloughed staff and halted work on the MAX at Boeing’s request. Spirit fell 15.6 percent.Back in Europe, shares in German airline Lufthansa also dived in Frankfurt by around 10 percent after the company said it would axe 22,000 jobs.Topics :
Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Submitted to Sumner Newscow â€” Todayâ€™s Wellington High School bulletin for Monday, Nov. 23, 2015:Mondayâ€¢Football dinner, 7 p.m.Tuesdayâ€¢Junior class to Kansas City.Wednesday-Fridayâ€¢No school, Happy Thanksgiving.Todayâ€™s Lunch â€” Chili, Tortilla Chips, Fresh Veggies, Cinnamon Roll, Pears, Baby Carrots and Milk.Mondayâ€™s Lunch â€” Baked Ham, Potatoes with Brown Gravy, Green Beans, Hot Roll, Pineapple Chunks and Milk.Todayâ€™s News: * Volleyball Girls: You need to turn in your uniforms by tomorrow! You can give them to Ms. Hickman.*Crusaders to DC will have a meeting right after school today in room 206.*Football players- Don’t forget about the football banquet TODAY at 7:00 in the commons. Please bring a dessert.*November 30thÂ during lunches a representative from Barbizon Modeling Agency will be here. Scholarships are available through this agency to assist students with college tuition.*Attention Wellington High students!Â Do you enjoy photography?Â Are you a great photographer?Â A photography contest is takingÂ place now!Â The subject of your photographs can be anything thatÂ screams Wellington. Photos must be taken by you this semester.Â File size must be at least 16 x 20 inches and cannot be taken with a camera phone. Only 3 entries per person.Â Winners photosÂ will be printed and used to decorate USD 353 central offices.Â Deadline isÂ Dec 20!Â There will be cash prizes! Please submit digital files to Mrs. Groom.*NHS is hosting the winter formal dance on December 4th- 8:30 pm to 11pm. Admission is $5 , or you can bring 5 non perishable items.Fun Fact of the Day:The American Automobile Association estimates that 47 million Americans will travel 50 miles or more from home over the Thanksgiving holiday weekend.Follow us on Twitter.