It’s different, Davis said, than say Chick-fil-A, which faced boycotts because its owners contributed to anti-gay marriage groups. In that instance, it is the company’s own action that is targeted, he said.

Davis also points out that the NRA affiliate boycott was quick and took effect almost immediately.

Davis noted that nothing is really private anymore within a company.

“No email can’t be forwarded,” he said. “It’s easier to gather evidence of an abusive supervisor or harassment.”

“There’s a high level of transparency that we haven’t had before,” Davis said.

A recent example of that was a public apology from Wells Fargo CEO Charlie Scharf after an internal memo he wrote was leaked outside the company. In the June memo, Scharf blamed the lack of diversity at the bank on “a very limited pool of Black talent to recruit from.”

There’s also a sense, Davis said, that what companies do

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a person standing in front of a building: AP Photo/Mark Lennihan

© AP Photo/Mark Lennihan
AP Photo/Mark Lennihan

  • The historically wide gap between Main Street and Wall Street sentiments suggests stocks are poised for a massive run-up, James Paulsen, chief investment strategist at The Leuthold Group, said Friday.
  • Bloomberg’s gauge of consumer comfort sits higher than 76% of its readings since 1987. A popular index of investor sentiments is currently lower than 97% of its readings in the same period.
  • The S&P 500’s return has averaged 20.6% in instances of the same scenario dating back to 1988, Paulsen said.
  • The index only returns an average 8.1% when Wall Street and Main Street sentiments are above their averages, he added.
  • Visit the Business Insider homepage for more stories.

Wall Street and Main Street sentiments are in a rare divide that can send stocks soaring if precedent holds.


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The gap in performance between the stock market and the greater economy has

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Worries about the coronavirus and support for continuing and even increasing state and local restrictions are highest among the state’s poor and communities of color, while concerns are far lower among white residents and the better-off, according to a new poll.

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A day after the US Food and Drugs Administration (USFDA) decided to give Emergency Use Authorisation (EUA) to convalescent plasma therapy, the opinion among Indian doctors on its utility is mixed. While some say it works in the ‘right’ patients, another section is calling for further trials.

The approval given by the USFDA was based on the Mayo Clinic protocol. The US has an initiative called the Expanded Access Program (EAP) for Covid-19. Mayo Clinic started testing plasma therapy under the EAP and others joined in subsequently, said SK Sarin, Director of the Institute of Liver and Biliary Sciences (ILBS).

Last month, the ILBS became India’s first institution to create a plasma bank for treating Covid-19.

Randomised controlled trial

In convalescent plasma therapy, plasma collected from patients recovered from Covid-19 is injected into certain types of critical patients. However, an interim analysis of a randomised controlled trial (RCT) carried out

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How’re the markets?

Stocks fluctuated in intraday trading Thursday after tech shares moved higher, offsetting economic worries following an increase in the number of Americans who filed for first-time unemployment benefits.

First-time jobless claims in the U.S. moved back above 1 million after dipping below that mark a week earlier as businesses continue to struggle bringing workers back on the job amid the pandemic.

This comes after the Federal Reserve said the coronavirus pandemic would weigh heavily” on U.S. economic activity and the jobs market.

In the minutes Wednesday from their meeting in late July, officials at the central bank “agreed that the ongoing public health crisis would weigh heavily on economic activity, employment, and inflation in the near term and was posing considerable risks to the economic outlook over the medium term.”

The central bank said it expected to maintain rates between a 0% and 0.25% until it’s “confident

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