To not make haste good friday morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Morgan brennan heads our coverage at headquarters bulls trying to hold the bounce after the worst day for stocks since 1987 the five Big Tech Companies apple, facebook, alphabet, amazon and microsoft lost more than 400 billion in value on thursday the treasury secretary Steven Mnuchin joined us this morning on squawk on the street. Take a listen. The president is looking at a major stimulus package whether its through the payroll tax cut or through another means of delivering liquidity to hardwork americans, weve announced what will be about 200 billion of liquidity through delaying irs payments, so hard working americans who have tax payments due or small or medium sized businesses can delay them i can assure you we will use whatever tools we need to make sure that the industries impacted by this get through this this is a shortterm issue it may be a couple of months but were going to ge
A shortened session tomorrow and were going to watch this news, whatever it is, as it is halted, currently for news pending comes on the heels of front page story in the times today, which says a couple of different things, one, he was dressed down by the faa chief earlier in the year told not to ask for any favors and says the halt of production of the max in their words is one of most consequential decisions in the companys 103year history. We dont know what this news is, jim, probably wouldnt surprise many people if it involved mull muilenburgs tenure. His top priority has got to be getting along with charming and sharing and being transparent with the regulators. I would have thought that would be Crystal Clear the day of the first crash. How did it reach that juncture shocking one thing he says is dont ask for any favors was he expecting him to ask favors that is not a good situation to be in. Thats just one small way, part of the way, this crisis has been handled for the last yea
Markets are struggling for direction. Stocks in the u. S. Are looking at record highs in markets around the world are trying to figure out how to put that against the fact the chinese economy is slowing. Andpean stocks getting 0. 2 you can see the 10 year yield at 1. 74. A good day to talk policy. Coming up, we speak to the Incoming European Commission her team of commissioners faces a confirmation vote in parliament. Lets its rate to new york with first word news. A worldbeating brexit trade deal. Thats what british carmakers want the next government to deliver. The society of Motor Manufacturers and traders say the key requirements include a friction this border, tariff free trade, and regulatory alignment. They spent more than 5 Million Pounds preparing for the exit from the eu. Of Chinese Industrial enterprise falling for the Third Straight month as Producer Prices continue falling and domestic demand slows. Early indicators suggesting the economy slowed for a seventh straight mont
Without an offering of flour with these places of worship around the country collect downs of flowers every day many of them sending it to the trash can the next morning a mumbai designer is recycling discarded temple offerings to make natural guys take a look. At. India weeks after the call of prayer and the sights and sounds of offerings to countless gods each morning. Temples and holy places brimmed with bringing fresh fruits and flowers but after they are blessed the offerings often end up on the roads or rivers outside theyre largely biodegradable but the sheer amount is a problem if theyre not cleared the end up clogging rivers and drains around the country and the best is that its used to grow the plows can poison the ecosystem of. The of. The north my work is a resident of mumbai who cannot hear or speak every week he works to collect around 150 kilos of flowers offered at the famous simply even ike temple in mumbai. The dempo is dedicated to lord ganesha and gets more than 400
Without an offering of flour with these places of worship around the country collect downs of flowers every day many of them sending it to the trash can the next morning a mumbai designer is recycling discarded temple offerings to make natural dyes take a look. At. India obviates off to the call of prayer and the sights and sounds of offerings to countless gods each morning. Temples and holy places brimmed with bringing fresh fruits and flowers but after they are blessed the offerings often end up on the roads or rivers outside their largely bio degradable but the sheer amount is a problem if theyre not cleared the end up clogging rivers and drains around the country and the best are its used to grow the plows can poison the ecosystem. The of. The north is a resident of mumbai who cannot hear or speak every week he works to collect around 150 kilos of flowers offered at the famous even ike temple in mumbai. The temple is dedicated to lord ganesha and gets more than 40000 daily visits o