Record highs that has the nasdaq setting a record as well better than expected home sales in the u. S strong activity numbers out of europe as well uk, australia to name but a few. Were up, sarah, nearly 1 on the s p 500. Ahead on todays show, a big first on cnbc interview with howard marks fresh off his latest memo. He said the odds are not in investors favor and whether he sees any opportunities right now in the market plushgs connecticut has certainly seen an encouraging dropoff in coronavirus numbers of late. Well ask governor lamont about his advice for states like florida, arizona and texas that are seeing their cases swell and how hes trying to keep those cases out of his state lets focus in on the big stories were watching mike santoli tracking todays rally. Meg terrell has the highlights from Anthony Faucis congressional testimony and phil lebeau is covering another volatile session with the Airlines Start us off with the Broader Market on the three month anniversary of the ma
Financial institution that is work in the interest of progressive investors. Hello, everybody, welcome to little city books, the best bookstore in the world as we measure it. Thank you all for coming tonight, we know its drizzly. This is a very important and interesting book. Mark was the he directed, i always get it wrong, Financial Institution industry for many years which basically what they did was funnel money to people who were marginalized, im sure he could tell you more about that if you want to ask him. And we also have here tonight adam moss who is a magazine guy, esquire, many other things, he and mark were roommates at college and have always known each other for a very long time, thank you for coming out here, adam. So im going let them go on from here, thanks for coming. [applause] hi, everybody, is this registering. Lift it up. All right. Is that better . Anyway, welcome, thank you for coming, its really great to be here with mark who i have known for 41 years, 3, 4, 44
It is a tax credit that people with low incomes receive as a kind of bonus for working, the more they earn, the larger the tax credit up to a certain point. Then that, clinton and first Lady Hillary Clinton were engaged in a deeply divisive with congress and the American People in general that the future of the health care system. Clintons efforts to Reform Health care at the time failed, so the white house was occupied with health care at the time. And then in 1995, a new congress was inaugurated. This congress was controlled by republicans. That led to a year and a half of haggling between republicans and congress and the white house over what kind of welfare reform would ultimately be enacted. Eventually in the summer of 1996, almost 20 years ago to the day, clinton signed the welfare reform bill. That bill was signed in 1996. What were some of the key changes it made in the welfare system . Max i think the most important change is that welfare can no longer be taken for granted. Pe
That would i just poverty by increasing Economic Growth and wage growth and job creation . If you look at the data, we never recovered to normal since the last recession. We do not recover to normal levels of wage growth. What is the best way to address Economic Policy to get the economy growing again . What ideas does anyone have to adopt policy . Why dont we run down anybody anybody . Taxeed a reduction in the that is slowing a Economic Growth slowing Economic Growth. We may never return to levels of Economic Growth. We are not going to see the labor force increase significantly. Right now it is on immigration that is keeping our population even stable. I think we are not going to see increases. Michael, you talked about that already. Minorities have moved into the labor force, we are not considered again. Automationng toward as of the tools for growth and productivity. I think we may not return to the the 4 to 5 growth of the past. To the degree that we can, i think it is going to r
Backlash to his comments about injecting disinfectants on thursday. Instead hes using twitter to push the idea hes not holding briefings because members of the media only ask hostile questions. He continues to push the idea inu. S. Is testing more people than any other nation. The reality is were still lagging far behind where we need to be. Thats what Governor Cuomo of new york referred to as the dream earlier today. Testing is what we are compulsively obsessively focused on now, both diagnostic testing which is positivenegative, the antibody testing. We do about 20,000 tests per day. The more testing we have the more we will open eligibility. Hopefully one day we get to the point where anybody who wants a test can walk in and get a test, right . That was the dream. Meanwhile in georgia businesses like nail salons, barbershops, gyms and bowling alleys reopened yesterday and monday restaurants and movie theaters will reopen as well. Joining me now a pull monologist and professor. Dr. G