Earnings from continuing operations was just 0. 10. Terrible numbers from certain sectors. Iously, retail search obviously, retail front and center. Market, kind of a mixed bag. Terrible data, yet equities tried to stage a rally earlier. Now futures flipping into more negative territory. Definitely the eurodollar and dollaryen are two to watch today. The yen was significantly higher thats butt all dies all eyes really on retail data later. Lets get some more market moving news from our new york and brussels teams. We want to start in the u. S. , where we are expecting more of that dire economic data. Many nonessential stores are closed. We also get Industrial Production. Michael mckee, International Policy and economics correspondent, joins us now. Michael i will give you guidance for the year, dismal. It is only a question of how bad they are going to be. Retail shrank by 8. 7 in march, when things were just getting started. In april, americans spent all of the time at home, not going
Us. The senate has approved a foreigner naming 1000000. 00 leave peg is Risky Business is whats your reaction good idea. How not the biggest fan of that by the way larry so good to see you again thank you so much for having me thank you i think there are real problems with that loan program its become a bit of a sieve where that week it keeps spending more and more more money and i have a problem that a lot of the Small Businesses larry that need the money the most are necessarily getting the money we made a big mistake in turning out loan program which is something that i supported outloud for support of steve forbes supported the idea who during a time of crisis you want to give healthy businesses that were healthy and that dont have customers a bridge loan so they can get through this so that when were up and running hopefully very soon that they can they can be up and running and hiring workers what we did was we transform that into a Grant Program so that if you didnt lay off your
Us. The senate has approved to form an 80000000000 dollar leave taggers for Small Businesses whats your reaction good idea. How not the biggest fan of that by the way larry so good to see you again thank you so much for having me thank you i think there are real problems with that loan program its become a bit of a sieve where that week it keeps spending more and more more money and i have a problem that a lot of the Small Businesses larry that need the money the most are necessarily getting the money we made a big mistake in turning out loan program which is something that i supported outloud for support of steve forbes supported the idea who during a time of crisis you want to give healthy businesses that were healthy and that dont have customers a bridge loan so they can get through this so that when were up and running hopefully very soon that they can they can be up and running and hiring workers what we do is we transform that into a Grant Program so that if you didnt lay off you
Us. The senate has approved a former navy 1000000. 00 leave peg is Risky Business is whats your reaction good idea. How not the biggest fan of that by the way larry so good to see you again thank you so much for having me thank you i think there are real problems with that loan program its become a bit of a sieve where that week it keeps spending more and more more money and i have a problem that a lot of the Small Businesses larry that need the money the most are necessarily getting the money we made a big mistake in turning out loan program which is something that i supported laffer supported steve forbes supported the idea who during a time of crisis you want to give healthy businesses that were healthy and that dont have customers a bridge loan so they can get through this so that when were up and running hopefully very soon that they can they can be up and running and hiring workers what we do is we transform that into a Grant Program so that if you didnt lay off your workers the
A former navy 1000000. 00 leave peg is Risky Business is whats your reaction good idea. How not the biggest fan of that by the way larry so good to see you again thank you so much for having me thank you i think there are real problems with that loan program its become a bit of a sieve where that week it keeps spending more and more more money and i have a problem that a lot of the Small Businesses larry that need the money the most are necessarily getting the money we made a big mistake in turning out loan program which is something that i supported outloud for support of steve forbes supported the idea who during a time of crisis you want to give healthy businesses that were healthy and that dont have customers a bridge loan so they can get through this so that when were up and running hopefully very soon that they can they can be up and running and hiring workers what we did was we transform that into a Grant Program so that if you didnt lay off your workers the loan became a grant