Gov. Kemp we experienced Severe Weather last night with tornadoes touching down. There are currently 59,000 georgians without power. We have 49 injured, 23 homes that were destroyed, 59 other homes had minor damage, and 248 homes waiting to be assessed. So far we have concerned seven georgians have lost their life to this terrible storm in my thoughts and prayers go out. Given the widespread impact, i have declared a state of emergency this morning for all 159 counties to facilitate the deployment of critically needed resources across our state. Gema, theation with department of Natural Resources, the department of transportation and the georgia 43 commission are all working hard to restore power, clear debris and provide assistance to the families in need. I would ask everyone to continue to keep these individuals as well as their loved ones and those affected by the storms in your thoughts and prayers. We will do our part to help hardworking georgians recover. Atyou know, i got a loo
Over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and whats your reaction to now this
Inexperienced Severe Weather multiple regions across the state last night, with tornadoes inortedly touching down floyd, murray, walker and other counties. There are 59,000 georgians without power. We have 49 who were injured. 23 homes we know of that were destroyed. 59 other homes have minor damage , and there are 248 homes waiting to be assessed for damage. So far, we have confirmed that seven georgians have lost their life to this terrible storm, and certainly my thoughts and prayers go out to them, as well as their loved ones and their communities. Impact ofwidespread the declared state of emergency this morning for all counties to facilitate the deployment of criticallyneeded resources across our state. In coordination with private sector partners, the department of public safety, the department of Natural Resources, the department of transportation haneda georgia for Street Commission, are all working hard to restore power, clear debris, and provide assistance to the families and
Erasing much of the job gains over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and wh
Hackett. On the barrons round table, ben leveson, jack howe. Ben, we saw stunningly horrible economic numbers last week, really unbelievable, but the market actually was higher on the week. What is happening . Yeah. I mean, this data was just terrible. Retail sale, industrial production, empire state manufacturing, you name it, it was probably the worst ever on record. Unemployment, the jobless claims continued to rise another 5 Million People lost their jobs. I mean, its just bad. But we knew it was going to be bad, and theres also two rays of hope out there. One was a new set of treatments that gilead is working on for covid actually might be work. We dont have all the data on it yet, but that provided a boost for stocks x. Then theres talk of reopening the economy, and thats also helped too because it signals perhaps there is a light at the end of this tunnel. Jg jon so, jack howe, i know youre looking at valuations, and as ben pointed out, there is light at the end of the tunnel, b