Public service activeduty after graduation from west point for ten years and then the reserve for 11 years. We look forward to a good conversation. I thank you have met our moderator before as a mutual friend of ours. From Bridgewater Associates he also has a distinguished Career Public Service as under secretary of treasury and even i Work Together while we were in these two roles also a graduate of west point not the same year of secretary esper but at the same time. I will turn this over to you. Thank you. Secretary esper thank you for joining us today growing up in western pennsylvania and carry throughout your great career. I dressed appropriately so were glad to have you here. Will turn it over to and then have a conversation. Thank you for that. Im glad to see you and that youre both doing well. So to say a few things up front to set the stage when i was confirmed over one year ago with the National Defense strategy. We are now in the era of great competition our chief competito
July. It is the last week in july and we are running out of Unemployment Benefits and the rent is due august 1. There is a lot going on. Francine we will spend a lot of time on that. Lets get to first word news gupta. Itika group unveileditch mcconnell the new relief package, listing unemployment to 70 of prepandemic wages. Makes to pelosi panned that proposal. Health officials around the world are getting a reminder of how tough it is to permanently stamp out coronavirus. They are grappling with second waves of the pandemic. China reported the most cases since midmarch, and spain is scrambling to stay ahead of new outbreaks. Posed a new imposing new quarantine on travelers from there. Will stay near zero for a longer while. Policymakers open the twoday meeting tomorrow. The last day they met was in early june. Florida and california have yet to see the surges have that if that that have afflicted them since then. China eagle authorities following the closure, the latest development in
Fifth straight day with over 10,000 new cases if military medics aiding hospitals in texas and california. High gear this week this week we have eight dow components including ibm, cocacola microsoft, intel and american express. Analysts are expecting steep decline in earnings and revenue due to the coronavirus. On wednesday, investors have a close eye on tesla. Following ition electrifying rise and been the leadership in the market. Meanwhile futures kicking off the week in the red take look at where were looking at for the opening of trading this morning. Dow futures are lower by 31 points and nasdaq is up. 6 and a half, s p 500 futures right now down five points. Last week the dow and temperature s p were at for a third week in row but a nasdaq snapped two week winning streak last week as you can see. 2020 race is on about 106 days before election day 2020. New fox news poll show presumptive candidate joe biden holding lead over President Trump but race is narrowing. Were taking a l
Set to expire and white house chief of staff mark meadows is here with an insiders look from the white house as the screws keep turning on china. Attorney general bill barr calls out Corporate America for beijing and senator john kennedy will join me with what his move will be next and also Global Investor ray dalio is here responding to ag barrs warning about china plus what does all of this mean for the 2020 election former white house chief strategist steve bannon for his message on President Trump on what it will take to win in november. All that and a lot more as we look ahead right here right now on sunday morning futures. Maria all that coming up but first, flags across the capitol are at half staff this morning in remembrance of civil rights icon, john lewis. The long time georgia congressman passed away friday night after a battle with pancreatic cancer he was 80 years old. Lewis was the last living speaker at the 1963 march on washington where dr. Martin luther king jr. Deliv
Its possible we have gotten too disconnected from the fundamentals. The dow and others are on their way to the best quarter since 1998, and for the nasdaq, it will be the best quarter in decades. That is happening at the same time the corporate corporate profit outlook continues to deteriorate, now trading at 22 times forward earnings estimates it will be interesting to see how we rerate in the next couple of weeks when we start to get major results. Thank you for that markets a deep dive. Players are missing out on wimbledon this year, the usda usta is getting ready for flushing meadows, except without the 850,000 spectators who attend the event. And novakemain djokovic announced he has tested positive for covid19. Is the u. S. Tennis association ceo. You have been coping extremely well with the coronavirus. You have set aside 50 million to help in grassroots efforts. Give us a little bit of detail about that. First, thank you for having me on. We realized quickly our sport was in tro