Secretary talks to cnbc moments ago. Shares of Morgan Stanley are slightly lower, it would appear, ahead of the open. The bank topped revenue estimates by a billion on what was stronger than expected trading revenues and ev price war elon musk cutting the cost of teslas model s for a second time in one week, carl meantime, guys, got to take stock of this selloff here in the premarket, jim general take this morning is that the market is now catching up to what we know has been a problem in europe, and these lockdown restrictions in the uk and france are getting more serious. Dollar strengthening, some believe, because the situation here is at least better than europe on a relative basis. I think were importing their negative ty. I dont think it is going to last you cant make any moves to the positive until about 11 00 when you start seeing their markets peter out. It is one thing, it is very frightening when you read what is going on there. It is obvious it is a second wave it seems mor
People have not been mobile. What is the main lesson, surprise, or discovery that you personally have taken from the experience in the last eight months or so. Ourn we lost about 80 of business in eight weeks, that we had spent about a decade building. That was quite surprising. What may have been even more surprising what is what happened next. What happens next is people, no matter the circumstances, in the midst of the pandemic, still had the desire to travel. They did not want to get on planes, they were not necessarily traveling for business, they did not want to go to a hotel or crowded tourist district, but they did want to get in a car with a tank of gas and go to a community, and often some of them were getting homes with airbnb. So i think there is just a fundamental desire that people have to travel, to connect, the see the world, and i dont think that anything can stop it, let alone a pandemic. Obviously, people have to do it responsibly, but there is still a very strongwil
Trumps Health Condition seems to be improving following what by many reports was a bit of a rocky weekend. And part of that improvement is thanks to an experimental treatment from regeneron shares of that company are up 7 well look at the stocks behind the president s battle of coronavirus. And later, fears of a second wave sweeping the world. What does it mean for economic recovery here in the u. S. And around the globe power lunch starts right now at thtyler, thanks. There is hope the president will be discharged soon and a stimulus deal will get done eventually first we start with tKayla Tausche tracking the president we have been waiting for several hours for an update on the president s condition, whic we still have not received here youre looking at the scene right outside walter reed where we will take you later this afternoon. Meanwhile, the cluster of cases at the white house is growingpress secretary Kayleigh Mcenany stating after testing negative sentconsistently, incln ever
Pray for you when they know that thats not so. The bible tells us weeping may endure for a night but joy cometh in the morning. We need top lean on one another, lift one another up. But we had tremendous success on the apprentice. And when i ran for president , i had to leave the show. And they hired a big, big movie star, arnold schwarzenegger, to take my place. May god bless you all. A different time. Very different. You know it reminds me of a bible verse. I googled it while i was watching that. Matthew 7 1520. Where are false prophets which come to you in sheeps clothing but inwardly they are wolves. Ye shall know them by their fruits. Willie, you know, ive been to that Prayer Breakfast, know the people who run it. Saw what donald trump, through the years, talking about the apprentice. Himself. Talking about himself, Attacking Political again, know them by their fruits. It is the antithesis of everything that you see in red letters when you read through the gospel of jesus christ.
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit