Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down from 30 to 50 billion a day. Down to 15 from 25 apparently,
Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. Thanks for having me. David the administration is already looking ahead about how to fire up the economy once we emerge from our shelters. How precisely do they do it, who makes it and who does it as we try to fire up this economy again . You know, its a great question, and Vice President pence is obviously leading that effort. Looking at the commentary there, it seems to be driven by health officialses and their determination, obviously, those are the experts. When i think about that and startin
Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. Thanks for having me. David the administration is already looking ahead about how to fire up the economy once we emerge from our shelters. How precisely do they do it, who makes it and who does it as we try to fire up this economy again . You know, its a great question, and Vice President pence is obviously leading that effort. Looking at the commentary there, it seems to be driven by health officialses and their determination, obviously, those are the experts. When i think about that and startin
She is fine. Guy johnson with us from london. The imagery of the korean speaking and all the pageantry the imagery of the queen speaking, explain to us in the mood in london. Queen, in some ways, was beating towards the idea that this is a Second World War moment. Of class andind character that needs to be that that is the kind of class and character that needs to be exhibited. Has been some criticism of the Prime Minister for trying to be a little too shale in his stoicism. He is being hit quite hard. He is over the road on the other side of the break or at st. Thomas hospital. She is being treated there. Officials at number 10 downing street say he is still running the government. Secretary as the person who has been tasked to effectively step in for Boris Johnson. There is a great deal of talk. We dont have a Vice President here, it needs to be made a little clearer how things are going to work and how Boris Johnson is going to spend time away because he needs it. Stay with us. On t
Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. Thanks for having me. David the administration is already looking ahead about how to fire up the economy once we emerge from our shelters. How precisely do they do it, who makes it and who does it as we try to fire up this economy again . You know, its a great question, and Vice President pence is obviously leading that effort. Looking at the commentary there, it seems to be driven by health officialses and their determination, obviously, those are the experts. When i think about that and startin