Good morning, welcome back to squawk box right here on cnbc this morning. Im Andrew Ross Sorkin along with joe kernen and kelly evans. Becky is off today lets show you where futures stand at this hour maybe 12, 15 hours after President Trump returning to the white house. The dow looks like it would open down marginally about 63 points off, nasdaq off about 83 s p 500 off about 15 points. Lets also show you treasury yields as we speak, well show you the ten year yield right now, you are looking at 0. 763. Meanwhile ill pass it over to kelly. Thanks for joining us this morning. And youve got the news on President Trump. And before we get to that, joe, we were just joking about, you know, you and me we could banter and we were in studio and andrew wasnt and now, you know, were all no, you are in studio still im still here. Ive been here since april and i like it here there is no delay. Is that are you wearing orange or that red i think that were in sync sort of yeah, it was an orangey red
Because of the covid pandemic we had to postpone this years in prison symposium and all the work kevin and dan did to get ready for that. We postponed until next year. Tickets are available at this time, but they also stepped up to make todays virtual symposium possible. Thank you, dan and kevin for your work. I would like to introduce our next speaker sarah kay bierle. Is the managing editor of emerging who was working behind civil war who was working behind the scenes to keep the blog up and going and to make sure that all of that free content is coming to you every day. Her work is invaluable to our organization. She is the author of call out the cadet. She is also at work on the biography of the gallant pelham. She will present some of her Research Associated with that book today. Sarah kay bierle. Ms. Bierle good morning, good afternoon, good evening. Im not exactly sure when you will be viewing this, but i hope you are safe and well and we going to go ahead and dive right into th
Though and that is the fact that for Unemployment Benefits a large expanded during this downturn during that for obvious reasons as well and its funny when that happens it makes it very difficult to compare the unemployment numbers. Because were doing very Different Things so that you have lost if you have the same as youve been as youve unemployment before and the same kind of benefits what kind of train starting point would we have seen over concourse odds that question but it is clear we are much much higher so it makes a comparison very very difficult but so as long as you have those use that image ability requirements and larger payouts and the covert partial shutdowns of this were going to carol see high unemployment has come through so that is not going to change anytime soon i think as long as this situation goes on will concurrency well especially of these sectors are already struggling and looks like a lot of these employees arent coming back and theyre having more and more l
That are available at this time. They also stepped up to make todays virtual symposium possible. Thank you for your work. I would like now to introduce our next speaker. Barely. Y the managing editor of emerging civil war who was working behind the scenes to keep the blog up and going and to make sure that all of that free content is coming to you every day. Her work is invaluable to our organization. She is the author of call out the cadet a book series. She is also at work on a biography of the gallant pelham. Herwill present some of Research Associated with that book. Sarah kay barely. Bierle. Kay good morning, good afternoon, good evening. Im not exactly sure when you will be viewing this but i hope you are safe and well and we going to go ahead and ive right into the history. As chris said, i will be sharing some about the research i have been doing about the stewart artillery and john pelham but we will take a much broader range on it. We wont the focused on that unit or artiller
Years. On people still die i dont know which question are still alive arent being allowed to live where so many have. This is boom bust the one business so you cant afford to miss im sorry monteith aopa in washington coming up the Labor Department reported a steady fall from the week before on jobless claims but still higher than expected well thats because what this means for the overall economy and market. To u. S. Companies may be closer to finishing the deal for tech top but out trump and ministration may just have to wait for china to give the ok well get the latest from the dean of the Miami Harvard Business School and we have a lot to get here so lets get started. We begin with the unemployment numbers as weekly jobless claims took an unexpected turn for the worse for the week ending on september 19th Labor Department reported 870000 americans filed for unemployment thats up from the week prior with 866000 the Labor Department remains stuck at a pretty high level here still abov