Cspan and the senate on cspan2. Briefing, newys Jersey Governor Phil Murphy announced he is increasing the number of people who can gather outside from 10 to 25 but with social distancing guidelines in effect. He also talks about the impact the pandemic has had on the states budget. Gov. Murphy good afternoon. Good morning, pardon me. I have already made a mistake. Im honored to be with the woman to my right who needs no introduction. To her right, another familiar face, the state epidemiologist. Thank you both for being here. To my farleft, the superintendent of the state police. To my immediate left, we have the honor to be joined by our state treasurer. We will get to liz in a minute but it is an honor to have you here. F officector o Homeland Security and other teammates. Before we get to liz, we have an announcement. Throughout the past week, we have taken the first few steps on our road back opening up toenues for people enjoy with the state has to offer and begin the recovery of
Thanks for joining us. Abc7 News Reporter kate larsen spoke to a couple of other those Health Care Workers today. She is live in San Francisco with the story. Kate . Well, Health Care Workers are running out of all sorts of personal protective equipment. But its mostly these n95 respirator masks. I have this one left over from fire season that are in high demand and very low supply. All week ive been hearing from our local Health Care Worker, many of whom are afraid to speak out because they dont want to lose their jobs. Today i spoke to Health Care Workers in San Francisco, in oakland and in san jose, all who say they dont have the medical coronavirus. T they need to fight we have to have gowns, masks, and face shields. All those are in limited supplies. An emergency room nurse at Santa Clara Medical center in san jose. He is also the Vice President for rnpa, a nurses union. The masks that you have, they will assign one mask per shift. They dont have enough n95s to change masks betwee
Eeked out a two basis point gain but it could have been worse and it should have been worse and was at one point in the day very ugly but the nasdaq rallied in the close taking the market with it. I kept from the very beginning, from the opening bell, where are the sellers. Where are they why arent they reacting to that ugly warning that we got monday from apple why is everything no matter how negative treated as a buying opportunity. It is like there is always something to be said for instead of and i think i know the answer. I think it is the index funds. 60 is coming in via index funds and they buy everything, including the stocks that should be getting hammered by bad news. And they buy in waves and they are in control of this stock market not mutual fund or Hedge Fund Managers either. Yes, index fund buyers i know people call this market a bubble and blame an easy fed but maybe, just maybe, listen to me, there is no one toblame. You simply have Many Companies doing well and compan
Will tell you about scotland waiting proposals, you cant see how this is for the weather for a chance to play going to work. Albeit i think genuinely both men would desperately for the weather for a chance to play for a place in the quarterfinals. Like to avoid no deal because of the here is the monster storm, a violent typhoon at the moment, no wonder it has caused disruption to the rugby matches. It will bring torrential i didnt see that episode. Was rain, damaging wind to southern japan as we head today we can. More that alan alda or martin sheen . Detailsjust half japan as we head today we can. More i didnt see that episode. Was that alan alda or martin sheen7m details just half past. Was in poor american accent. Also coming up something to chew that alan alda or martin sheen7m was in poor american accentm on from englands outgoing that alan alda or martin sheen7m was in poor american accent. It is nice to laugh. There is not much to chief medical officer a proposal laugh about. We
Of maniacs who invest in the stock market nasdaq, declined. 22 , you got to remember that rising bond yields like we got today and much of this past week, make investors feel more confident about the economy. When you see the yield in the benchmark moving higher, it makes you feel like we can avoid a recession. Regular viewers know i think the fears about recession are overblown. If anything, we have had a mild slow down. We could reaccelerate if the Federal Reserve keeps its strategy of cutting rates. Why didnt i buy the argument the recession, because their whole thesis was about the bond market itself. Remember the inverted yield curve when long rates went before short rates, they told us that was an infallible sign of slow down. I thought it was a false tale. I told you that. Treasury yields, our rates are so much higher than the rest of the developed world. You had tons of foreign money flooding our bond market pushing prices up and yields down. Now the smoke is cleared, and its f