Some ople asking if amazon is a monopoly. The question for the democracy is, are we okay with one company essentially winning capitali . How do you and jeff think about the call to break you guys up . Simply because the companys beenes suul doesnt mean its somehow too big. Narrator now on frontline. Domination was very much the idea. Narrator amazon empire. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporationor public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. T and Ford Foundation working with visionaries on the frontlines of social change worldwide. Additional support is provided by the abrams foundation, committed to excellence in journalism. The park foundation, dedicated to heighteublic awareness of critical issues. The john and helen glener family trust. Supporting trustworthy journalism that informs
The tools are not what i call battle tested. A some peopleing if amazon is a monopoly. The question for the democracy is, arwe okay with one company essentially winning capitalism . Jeff think about e call to break you guys up . Simply because the companys been successful doesnt mean its somehow too big. Narrator now on frontline. Na domion was very much the narrator amazon empire. Frontline is made possiblby contributions to your pbs station from viewers like you. Thank you. And the corporation for public broadcasting. Major support is provided by thn john dcatherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. And by the Ford Foundation n working with visionariese frontlines of social change worldwide. Additional support is provided by the abrams undation, committed to excellence in journalism. The park foundation,ca ded to heightening Public Awareness of critical issues. The hn and Helen Glessner family trust. Supporting trustworthy journal
The confidence number, the headline number coming through at 98. 1. The economists were expecting something around 91. This is a much better than anticipated number. The point. Force this is data for june. We are in a situation where the beginning of june started quite strongly. Of the reentry of lockdowns in places like florida and texas. At 86. 2, thatough is up from 78. 1. Versus 96. 9 last time around. The present situations revise lower for the previous month. Significant improvement in terms of the expectations data. Alix particularly i am looking regionally as well. The northeast really got hit pretty hard. Write down is bloombergs michael mckee. Michael jobs expected category. The American People think employment will get a little better but not a whole lot. Full numbernty rises to 24 from 16. 5. Think jobs aret plentiful has arrives those who think there is no change went down. People think things will get worse in the short run. Over the longer run, they do think things are g
Basically kind of bouncing around. There is a lot of concern as to where this rally can go based on the fundamentals with the economy and corporate earnings. Caroline the economy, corporate earnings, this is exactly what Bloomberg Intelligences Gina Martin Adams has been talking about. The second phase of the recovery will be slower, choppy or. We have real earnings progress to underpin some of these numbers. Today, we got a little bit more betterthanexpected Consumer Confidence data. Taylor driving valuations on the s p 500. One of the first times in a very long time where the s p trading at a valuation is higher than the stocks index. Typically, those chipmakers have been so overvalued. Refocusing back here just on the u. S. Is really led that market higher. Romaine when we talk about risk assets, we look at some of the havens. Gold at one point today traded above 1800. Having one of its best quarters ever. Treasuries have been kind of range bound over the last couple of months. Year
Battle tested. Some people asking if amazon is a monopoly. The question for the widemocracy is, are we okath wione company essentially ingca talism . How do you and jeff think about the call to break yoguys up . Simply because the companys been successful doesnt mean its somehow too bi narrator now on frontline. Domination was very much the idea. Narrator amazon empire. Frontline is madeble by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a re jus verdant and peaceful world. And by the Ford Foundation g workth visionaries on the frontlines of social change worldwide. On addi support is provided by the abrams foundation, committed to excelle journalism. The park foundation, dedicated to heightening Public Awareness of critical issues. H the john aen glessner family trust. Supporting trustworthy journalism that informs