Well, good thursday morning and welcome to squawk alley. Im Morgan Brennan with david faber and mike santoli, live from post 9 here on the floor of the new york stock exchange. Carl and jon are both off this morning. Stocks are staging a recovery today. S p coming off its largest comeback since december of last year on pace for its Third Straight day in the green, but is todays rally sustainable or is more volatility ahead . Key question for investors joining us now is Wells Fargo Asset Management multiasset strategist, brian jacobson, and invesco, vice chair of investments, krishna mumani. Krishna, ill start with you what do you think . More volatility ahead . I think volatility is to be expected in a stock market thats dealing with lots of issues but at the end of the day, the real question is, where do we go from here . And as the economy stabilizes in the second half and trade issues dont get exacerbated further, the markets are probably going higher rather than meaningfully lower.
Supremacist violence. And Severe Weather warnings for cornwall mean a Music Festival this weekend is cancelled at the last minute, disappointing 50,000 ticket holders. And coming up on sportsday in the next half an hour on bbc news. We look ahead to celtics tie in the Champions League qualifying tonight. They take on the romanian champions, cluj. Good evening and welcome to the bbc news at six. Theres been travel chaos for thousands of British Airways passengers after it problems with the airlines check in system. There were long queues as more than 100 flights were cancelled and more than 300 delayed at heathrow and gatwick. Ba say the problems have been resolved but there will be a knock on effect. Its not the first time ba has experienced it problems. It suffered major computer failures last may. Lucy manning reports. This is not how the start of a holiday should look. Cues, cancellations, frustration. This is not how the run up a wedding should look. Alex and chloe get married on s
Englands schools desperately need a winds from the near continent so it multi billion pound cash injection will turn hotter. By tuesday we according to a group of mps. Could be looking at highs up to 32 degrees. That is your latest the moon landings 50 years on weather. We ask you to relive your memories of humankinds greatest endeavour. Good morning. Welcome to bbc newsroom live. The government looks set to announce a big boost to Public Sector workers. That is two Million People reportedly to receive a £1 billion pay rise. The plans look to be unveiled as one of theresa mays final acts as Prime Minister. Soldiers are set to get a 2. 9 rise while teachers and other school staff will get 2. 75 . And Police Officers, dentists and consultants theyll get 2. 5 . Its the biggest Public Sector pay rise for six years, which comes following concerns that salaries are rising faster in the private sector. Our Political Correspondent iain watson has been on one level, its quite straightforward a
For about 30 get a note from a doctor saying you need an animal to be able to fly without freaking out. And, as a result, the animal population on planes has skyrocketed. There are now more animals than people on planes. The National Service animal registry, which is a company that sells those officiallooking vests for pets, in 2011 they had 2400 service and comfort animals in their registry, now there are 200,000. There are 200,000 support animals registered. 200,001 if you count mike pence. People are really abusing this. Theyre bringing monkeys and ducks on the plane. Now some states are starting to crackdown. For instance in florida you can only wear three boa constrictors through the airport. Most of the animals people bring are bogus. Theyre not service animals. Shady doctors sell the notes so people can claim they have a medical need for the pet, but one lawmaker in florida is sponsoring a bill to help put a stop to this. He went online and registered the stuffed baboon in his o
Security of course, if you want to give part of your salary to the government, you can just pay your taxes [ laughter ] according to politico, the white house expected to drop the word acting from acting white house chief of staff Mick Mulvaneys title and theyll replace it with soon tn be quitt [ laughter ] the New York Times hasrt published a repon President Trumps history with Deutsche Bank and found that the bank loaned trump 2 billion over two decades. Wow, you ever lend one of your friends 50 bucks and then you youre like, um, how a 50 and bucks you owe me [ laughter ] this guy has a gold apartment. [ laughter ] an artist in texas has created a twoacre crop circle o democratic president ial candidate beto orourkes face and text there reads beto 2020 and can be se from the sky. Oh, so thats why trump grounded all those planes [ laughter ] according to reports, esident trumps 2020 Budget Proposal could cut funding for broadcasting stations such as pbs and npr. Said an npr host [ aud