And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is at. 526 it seems the context is the same, which is the dollar weaker you see that downward pressure foreign treasuries can buy our equity yield we have bond yields below inflation. That means huge tech stocks that means gold and bonds b. What are the implications for this market and the companion market corporate wise, you have earnings better than give uptype forecast analysts could have a good
This rally but also this volatility. Taylor you have been nailing this because we should have had a clue. Gold has been higher all day long and you were on top of that in the past few weeks. Romaine base metals up, too. Copper up 2. 5 in london earlier today. With regards to some of the positive stories. Pepsi did manage to finish the day higher, largely i presume on the back of that she does mac cheese. s mac cheese. Senior, avoid a Portfolio Manager and Asset Allocation head. Apologies for some of the technical difficulties. Lets talk about the earnings season, your general expectations, and whether valuations are in sync with that. Earningsms of startingons, you are to see revisions start to climb. The market is really looking towards 2021. On isg thing to focus central bank liquidity. That drives asset prices. When the economy is acting below potential and the quiddity is being pumped in, it tends to drive up asset prices. One thing we are watching very carefully is the growth rate
And a hero come along there is certainly a we will introduce you to the possibility we face a second sheriffs deputy who ran toward wave in the fall that could be bigger than the a burning truck to save that first wave reporter and the first wave driver just in the nick of time. This morning, another 1 1 2 with 120,000 dead isnt even over yet million new jobless claims are tom costello, nbc news, washington this morning new fallout from expected, but well tell you the skills employers are looking for most when hiring these days. President trumps saturday Campaign Rally in tulsa. Early today starts right now the Washington Post reports dozens of secret Service Agents good morning and officers are being ordered im Frances Rivera and im phillip mena. To quarantine in their homes for the nationwide outbreak of two weeks after providing covid19 is taking on a new protection for the president this comes after it was revealed trajectory nearly 2 1 2 million americans that six members of trump
Nations governors say they need another 500 billion of help for their state, but Senate Republicans are resisting. One in six in the American Workforce are now unemployed. Plus president trumps speculation backfired badly this week as administrations efforts to soften warnings about a second wave of coronavirus in the fall were shot down by their own medical doctors. I think by memorial day weekend, we will largely have this coronavirus epidemic behind us. President trump it is also possible it doesnt come back at all. Doctor there will be coronavirus in the fall. Brennan the f. D. A. Issued a safety warning. A top federal vaccine expert was reassigned after voicing concerns about its use, too. He filed a whistleblower complaint. Then came mr. Trumps shocking suggestion that doctors should try injecting disinfectant into humans to affect the virus, and he later said he was being sarcastic. President trump i see the disinfectant knocks it out in a minute. Is there a way we can do Someth
As of this evening to be impeached by the house of representatives. The president said leading into this he was not going to be watching what was transpiring up today up on capitol hill. Im told as it relates to the president over here at the white house he will be having a series of policy meetings throughout the day, probably making phone calls as well before he leaves for that Campaign Event in michigan later this evening. He did huddle last night here at the white house with Top Republicans in advance of this vote up on the hill today. One of those was Top Republican in the house, Kevin Mccarthy who gave this readout earlier today. Listen. He is focused on what the American People need but it is the strength of who he is. That is why we have a Strong Economy. Why well come out of this. Why, when you look at this, at the end of the day, everything speaker promised democrats, the poll numbers are low, theyre divided. Reporter democrat argue that the president abused his office by try