Survive that pandemic. They opened this cross fit 15 years ago. And now there are roughly 15,000 cross fit gyms in the world. It is really sad, you know, we have been here for 15 years. As you can see, you know, there is a Huge Community of people around us. Its a sad day. Reporter they pry themselves as a Small Business. Membership has gone down by 70 . Yet at their location, they remain high. And massive amount of money every month, no end in sight. The first wave of store closures back in april and may. Dozens of businesses shut down for good. We saw an early wave of early business closures. Thats because, you know, the margin for some of the businesses, they were really thin. What you saw is the sort of second wave that people have been able to manage to hold off on this point. The second wave could shut down Small Businesses. They will have a retail store and wholesale. And grocery stores, hotels, then were down to maybe 170 customers per delivery and they are all basically closed
That is really interesting, if they are allowing them to take on risk, you would presume that would help the economy and funnel more money out there. Later on, speaking with a buyer ceo. There has been a 10 million settlement after the acquisition of monsanto. So lets get into the bigger story of the day, what is happening with infections. We want to bring in a doctor to help us understand everything. We have with this a senior scholar from the Johns Hopkins school of Public Health. This after records have been anden in florida, texas california with hospitalizations. , whatmarket participant are the figures and numbers we have to Pay Attention to to understand the feedthrough of infections into the economy . Amesh it is the percent positivity, meaning how hard has a become to find cases. We are seeing places like arizona, florida and texas where it is about 5 , now going into the 20 range. That tells you the outbreak is not under control in those states. The other thing to look at is
Of bonds versus stocks. We know that as stocks has been rallying, so have bonds. That is interesting because because the correlation between them has been declining over time. The correlation is at the lowest going back a year. But and actually might still be attractive to be buying stocks over bonds. If you look at the chart here inside the terminal, when looking at the dividend yields about the 10 year yield, dividend yield is still offering more return than the 10 year treasury yield. So even though bonds and stocks are high, actually still might make sense to buy dividends over treasury yields. Lets bring volatility and the vix into the equation. What we are looking at is the vix curve. Up, it is this melt at super low levels. The lowest levels we have seen in about a year. Beneath the surface we are seeing the curve steepen. The steepest in three years. Basically what this tells us is even though volatility is low right now, the implied volatility going out further is steepening t
The republicans have released 66 page Healthcare Plan that aims to replace obamacare. The plan says it will transform the individual marketplace current regulatory structure, unwind washington centric approach and largely return Regulatory Authority to individual states. So heather, would you sign on to this . So far i like what i have to here, havent read the 66 page plan but as they unveil the details it sounds a lot better than what has been proposed from senator warren without the details her medicare for all which according to committee for federal Nonpartisan Committee they said if we double the Corporate Tax rate even if we increase tax brackets the top two, 70 and eliminate loopholes that we feel cannot pay that only covers 40 of the 30 trilliondollar price tag on medicare fraud. They had this plan a couple years ago they couldve repealed and replaced obamacare. It has some good things from what i skimmed but it beats around the bush that theres fundamental issues of healthcare
The republicans have released 66 page Healthcare Plan that aims to replace obamacare. The plan says it will transform the individual marketplace current regulatory structure, unwind washington centric approach and largely return Regulatory Authority to individual states. So heather, would you sign on to this . So far i like what i have to here, havent read the 66 page plan but as they unveil the details it sounds a lot better than what has been proposed from senator warren without the details her medicare for all which according to committee for federal Nonpartisan Committee they said if we double the Corporate Tax rate even if we increase tax brackets the top two, 70 and eliminate loopholes that we feel cannot pay that only covers 40 of the 30 trilliondollar price tag on medicare fraud. They had this plan a couple years ago they couldve repealed and replaced obamacare. It has some good things from what i skimmed but it beats around the bush that theres fundamental issues of healthcare