The week. Vix below 30. We have a stronger euro today. Europe definitely doing better on the coronavirus front. The 10year yield holding at those lows of 64 basis points. Kicking off this week. Investors awaiting report from the largest u. S. Banks. Lets get to brian levitt, invesco Advisors Global strategist. It seems there is more optimism than pessimism on the earnings front. Why should that be . Brian i think it is largely not investors view the Second Quarter as being priced in by the markets. 35 in 20 was down days, pricing in a bad secondquarter, and a big hit to earnings. From there, you assess whether things start to get better as the year progresses. Investors are largely looking out beyond the Second Quarter as there has been resumption in , as mobilityvity has improved, conditions have improved. It is largely a look at things getting better, rather than taking the Second Quarter will be anything but pretty ugly. Vonnie it seems investors will be cheered by anything. If you
Lemonis theres massive devastation. This is a street. An entire main street underwater. Oh, my goodness. I met the mayor. We toured the city the only way we could, by boat. Its okay. Roads closed and businesses wiped out. Look at this. Kim oh, my god. Lemonis . A severe burden on the local economy. Peter so im on the city council, and so we are gonna have some serious budget problems like never seen before. Lemonis and with relentless rain, well, its paralyzed this town. Man 2 what i was afraid of. Lemonis as for the people who live here, theyve had enough. How do you recover from a disaster like this and restore enough hope that people who live here dont abandon everything . The reason that i wanted to come to the Mississippi River is, as i think about it, it almost feels like the most important freeway in america, right . It goes from minnesota all the way down to new orleans. Its how Farmers Transport things. Its how ships get up and down throughout the country, and its, quite frank
Together we have been observing 8 minutes, 46 seconds of silence apts the Stock Exchange in tribute of the life and legacy of george floyd and the movement his death has ignited. Well have full coverage roho tayere on cnbc. Well be right back. You doing okay . Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. I want to welcome you back to the Halftime Report i want to take you to the wall its about 11 minutes, 12 minutes past 12 00 its a mixed picture on wall street 27,315 is a los. Nasdaq bucking the trend today taking a bit of a breather as the value stocks join
People to roam and be generalist and go wherever they find interesting stories and something i found interesting at the time was what the internet was doing there was as a society in terms of our information streams. It wasnt political in my mind at that time but it was what happens when the trusted systems of information breakdown and people no longer know its true or important versus irrelevant and out to spend her time so i was looking at this as a tech story and business story and i was looking at quick bait forms and how they get you to click on things and wister died and money from that and then in the middle of 2015 they was a big bronze conference at trump tower and tromping down the escalator and suddenly these forces have been looking at about how informational architecture online is treated as is a political story as well. From then it was off to the races. Host you generally grouped your book into two groups of people, if i understand it correctly. You have a group called t
[inaudible conversations] welcome to politics politics and prose so we will jump right in. Please silence your cell phones we will be recording audio and video. To ask the same questions there will be a signing behind the register and then he will sign them and just prop them against the surface when were done thank you. Finance editor from the New York Times reporter and editor at the wall street journal david enrich before that and a reporter in new york winning numerous journalism awards previously the author of the Spider Network how the scheming bankers pulled off in history which was the book of the year so his newest book dark towers donald trump and the epic trail of deception and its relationship with us president and then to demonstrate the evolution and character to become the global face of financial malfeasance please welcome david enrich to politics and prose. [applause] hello. Ive had a lot of book events im not kidding six people in the room this is awesome so i will ta