Districts that dont open schools. Well get reaction from mattie duppler. What about the another stimulus package . Where is the urgency . I will a a an bgs all that and so muchuc more morn akinmymomo. Wheelelelel are areni tng t s y nglihikenk tinhig,nking,ing, tnh iths wh iats ywhouat y couan. Snststste a of knowns and a lot of unknownnk to to consider at this men put into perspective. Rtic alert bear case, 20 decline from where we right now. S p, maybe to 2500. Base case, the s p earnings improve to the end of the year, maybe slightly higher than where we are. There is the bull case. 3500 in the s p. I want to bring in two women that really know. Experts. Market chief strategist, Kathleen Rooney vera. We have Francis Newton stacy. You know i love you guys. When i bring you on, that is six names that i have to contend with. Let me, start with you, francis, of these three potential scenarios which one makes the most sense to you . By the way how should we be invested in that particuarl
Tightened. Jesse gary joins us now. Reporter dr. Sarah cody says current measures, staying inside, social distancing, sanitizing, are working. But we are not out of the wood woods. Every unnecessary contact with another person increases the chance that the virus may spread from one person to another. Reporter to completely flatten the covid19 infection curve, Santa Clara County officials announcing tuesday an extension of the shelterinplace order, until may 3rd. Social distancing by residents is mandatory. All construction is now halted, except projects deemed necessary. Examples include projects related to limiting the spread of the coronavirus. We cannot afford to simply hope we can impose these regulations weeks from now. This is the moment when it counts the most to save lives. Weeks from now, we will only have regretted that we did not move overnight. Reporter all businesses that are not essential are required to close immediately. The San Jose Police department has already begun
Spread from one person to another. Reporter to completely flatten the covid19 infection curve, Santa Clara County officials announcing tuesday an extension of the shelterinplace order, now medical may 3rd. Social distancing by residents is mandatory. All coninstruction is halted exempt projects deemed necessary. Examples include projects related to limiting the spread of the coronavirus. Reporter all businesses that are not essential are required to close medical. The San Jose Police department has already begun patrols by Health Compliance officers. Officials say warnings can escalate to suspension of a business license or misdemeanor charge of violating a Public Health order. Jeff rosen says there have been 2,000 complaints so far. But most Business Owners are voluntarily following the new orders. Its very often hard to measure the result of a good deed. Your good deed. Your sacrifice. Your civic duty will be measured in lives. Reporter the number of covid19 cases in this county has
Thank news are actually old concepts. Maybe i can ask anyone here, are you a classic scholar. How did he translate news into latin. I dont expect anyone to know that. Does anyone know this. You are not old enough. [laughter] the latin word is rumor. It is the same meaning as today. These to beat worried about rumors in those days so they can make or break you. So has brought new in my scope of history way back. So im interested in understanding economics events. Like what causes a boom like what causes a boom or a session with some countries seem to be prosperous and others not. That is the wealth of the nati nation. I am taking what i say is and in usual perspective on it. That thinking that these events happen not because of some exogenous, if it like sunspots. But be because of talk. Most of you are not economists right. When i said sunspots, there is a famous article in the late 19th century, by William Stanley devens. He was a british economist who said that he finally figured out
Concerns over software and tech stocks lower weve been up, down, all around for the markets today. As we stand, though, with 59 minutes, were higher on the dow, lower on the s p. Joining us for the full hour, from capital usa, keith, good afternoon to you. Thank you, wilf. Earnings been Strong Enough so far or have they been resoundingly strong this week . Theyve been strong so far. I think the markets have been less than vigorous, shall we say, the last couple of months i think well enter a period less vigorous than it was before thats going to be a key component for how we evaluate the economy and market Going Forward. Lets check in on the markets. S p 500 down by about 0. 1 and the dow higher by four points so far. Retail sales, and eamon javers has the latest on trade lets start with wilf on the banks. Bank of america reported this morning. They continue to feed from yesterday, the impact of low rates, while negative, has been less bad than feared that interest margin was down only