Looks like a of b. Because that wouldnt buy that were going back to the economic world we all lived in at the start of the year but the virus is still going to be with us so opening back up means taking account of that and weighing that in our economic transactions so restaurants working at half capacity or 3rd capacity whatever customers and entrepreneurs do you say airlines that much less than capacity all of these things going to abide by bouncing back to where we were now i think whats important is that we dont have dumb Government Policies preventing Entrepreneurial Solutions that let us make our recovery as quick as we can and not stick us in how so its somewhere more like a you somewhere in between but thats really got to be for the market process to sort out you know the game it seemed that cycle about the market here you know plight we have now as we speak and i think it was as of today 26000000 people over the past 5 weeks have gone on unemployment and the this is massive i m
What is normal Economic Activity and recovery look like and i dont think it looks like a of b. Because that wouldnt buy that were going back to the economic role we all lived in at the start of the year but the virus is still going to be with us so opening back up means taking account of that and weighing that in our economic transactions so restaurants working at half capacity or a 3rd capacity whatever customers and entrepreneurs do you say airlines that much less than capacity all of these things dont abide by bouncing back to where we were now i think whats important is that we dont have dumb Government Policies preventing Entrepreneurial Solutions that let us make our recovery as quick as we can and that stick us in how so its somewhere more like a you somewhere in between but thats really got to be for the market process to sort out you know came in that scene that socket that market here you know plight we have now as we speak and i think it was as of today 26000000 people over
Much stronger than the headlines is brickandmortar to emerge, which would be a good fit for your portfolio, will the s p 500 finish the week at a new alltime record high . While Congress Goes home to practice, while we assess what happens with the economy, were gonna take a look at whats going to happen, lets say they dont do anything until september, we have a great economies joining us soon and President Biden blasting joe biden romans ago for not giving american households a lifeline, you heard the numbers and wait till you hear what President Trump will do, then theres the masked debate, has tails wagging, could it hurt his election chances in a major milestone the sum of the president harsh critics agree is huge, were talking about middle east taken a giant step closer to ever elusive goal of having peace in the region, all that and so much more on making money. Charles all right, the markets, they put the rally on pause, the dow is higher, the s p is close, congress is taken a re
Covert 19 pandemic now the focus is on devastated economies were in a recession will it morph into a depression will the recovery be a u. Or an l. Shaped across the uk economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to blighty and he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciated lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be. About the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v a you or in hell go ahead well
On the dow. Stocks now on pace to finish the week in the red. Those big name tech stocks we follow so closely every day, down again. We have news of a possible delay of the new iphone and apple was responsible for yesterdays market selloff as well. News on the virus. President trump says now is not the time to be holding a big event in florida, canceling the jacksonville portion of the Republican Convention. The rnc will join us in the 11 00 hour to talk about that. To chicago, where two Christopher Columbus statues came down overnight. Just as a way to appease the protesters. We will see what tom homan has to say about that in our next hour. But lets end on a positive note, shall we . It is feedback friday. Always fun. Theres stu smiling. Yes, baseball is back. Dr. Anthony fauci throwing out the first pitch of the baseball season. It wasnt great. You could say he flattened the curve with that one. Whoa. Just outside. The ceo of fox sports and Keith Hernandez joins us on baseballs retu