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, but still stocks look a Little Pricey give
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, but still stocks look a Little Pricey give
Cases of covert 19 but 1st lets start by talking about. The global death toll still on the rise with more than 25000 people and nearly 555000 back to the United States now leads with the most confirmed cases in the world with more than 86000 infected and nearly 1300 fatalities new hotspots are emerging across the u. S. And chicago detroit and new orleans Vice President mike pence downplayed trumps comments over reopening the economy by easter saying the president expressed really an aspirational goal as we continue to follow the data on thursday g. 20 leaders held a Virtual Meeting where they vowed to Work Together to combat the virus we talked about the problem. And hopefully wont be a problem for too much longer the United States is working with their friends and partners around the world to stop the spread of the virus and coordinate our efforts we discussed how vitally important it is for all of our nations to immediately share information and data and weve been doing that to a lar
Of covert 19 but 1st lets start by talking about. The global death toll still on the rise with more than 25000 people and nearly 555000 back to the United States now lead with the most confirmed cases in the world with more than 86000 infected and nearly 1300 fatalities new hotspots are emerging across the u. S. And chicago detroit and new orleans Vice President mike pence downplayed trumps comments over reopening the economy by easter saying the president expressed really an aspirational goal as we continue to follow the data on thursday g. 20 leaders held a Virtual Meeting where they vowed to Work Together to combat the virus we talked about the problem. Really wont be a problem for. The United States is working with their friends and partners around the world to stop the spread of the virus and coordinate their efforts we just go so vitally important is for all of our nations to immediately share information and data and weve been doing that to a large extent but will do it even mor
A nationwide lockdown earlier this week which many predict could last up to fix months for more numbers and information on the coronavirus be sure to check out our portable the t. V. Up and look for the section trucking coronavirus and were going to bring in. To tell us more about the Global Impact but its having on the economy. Now once again the market isnt buy the rumor sell the news mode as the historic rally of nearly 20 percent in the previous 3 trading sessions faded and where once again timely 600. 00 points off the open market moves or the past 3 weeks have been fast and furious and the volatility has no indication of slowing down the temporary euphoria from the stimulus shot has subsided and were left with the grim reality that the u. S. Is now the new epicenter of the coronavirus now after much delay the house on friday passed a 2 trillion dollar terrorist act which stands for the coronavirus aid relief and Economic Security act and the now has to present trump to sign into