Rebound we had off of the lows and how magnificent it was. You have to put that in context with how fast we sunk into a bear market. That bear market drill down we 500, s p p p 500, that was the quickest drawdown we had on record here to see a bounce like this i guess is not completely out of the realm of expectations given how far and how quickly we fell. Taylor we were member that day clearly. It was march 23. Just at the pace and rate at which you talked about the fall and the rebound. In the middle of this, we talk about a 50 rebound. You are still giving incredible superlatives when you talk about it really has been a risk on. It is Consumer Discretionary materials, tech, they are up 60 since the lows on march. Really interesting that even though the fed has been so involved, the rate sensitive sectors have not been the all performers. Romaine i would like to get amys perspective on the rates market. Treasuries have been the lowflow shower of Financial Markets for the last few mon
Treatments has produced results that are already being used to save lives. And a hack possibly by teams that took twitter by surprise we talked to the c. E. O. Of a Silicon Valley company that does away with the need to remember passwords. The race to develop vaccines and treatments for the coronavirus pandemic is entering a crucial stage with large scale trials on the way the debate over opaque pricing has raised concerns that pharmaceutical companies could be charging way too much for covert 900 treatments the latest part of disquiet was triggered by gilly ads rendez of the air at americas decision to monopolize supply is aljazeera. Reports. The u. S. Government has cornered almost the entire Global Market of rum desert here for the next several months the drug has been found to short hospital stays for covert 1000 patients this america 1st policy during the pandemic has led to expressions of outrage and dismay among some International Leaders but u. S. Coronavirus patients may not r
At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
Now i know ive been in a location where someone has tested positive. Reporter this safeway employee said the managers failed to tell the staff in a timely manner and only confirmed the covid19 case after being confronted by a group of employees who heard it from the infected person. Reporter did the manager say anything about not telling other employees or keeping it quiet . Im not supposed to tell. Reporter the manager said that. Yes. Reporter she said many have still not heard about it from managers. They have to rely on the rumor mill to make important decisions. Reporter i reached the store manager by phone but she hung up on me and safeway spokesperson wendy did not agree to an oncamera interview but emailed, we have confirm that employees have tested positive and we are not aware of any manager telling employees to keep quiet. They are on paid quarantine leave adding, throughout this pandemic, the health and safety of everyone who walks through our doors has been our top priority
Freemarket economics in judeochristian principles. During this session several members of the House Freedom caucus discussed u. S. China relations and how it impacts their districts. Welcome back to the center. We had an actionpacked day. You are about ready to see the best of the best. These are the heroes in congress from Freedom Caucus and the conservative caucus. My good friends up in d. C. Still fighting the fight, that we are still china today and on going to go one by one. We have three panels of four u. S. Congressman so we are honored to have all of you here today, and lets just start off with brian babin from texas, and bryant, im going to leadoff with the other brothers from congress who can do this in the back room, hello, brothers back there, and sisters. I can hear you in the back room. They are all my friends. Con babbitt, want to ask you all kinds of first hurdle is upon which anything else depends is the sense of how did china send us this virus . Was it intentional in