It was also what came out of pmis. Taylor we had great pmis data. Really showing a divergence between the pmis that you were looking at out of europe where that recovery now seems installed. Most of the analysts said the pmi in the u. S. , dont take us one piece of data as the endall beall, but coming in higher than expectations and that existing home sales data, huge, not only talking about the move to the suburbs but the prices and demand, really something that shows the Housing Market not only in a recovery, but booming. Caroline we were hearing about the potential in real estate and diversified assets. Talk to us about those bets you are making. Where are you looking in that area . Christopher private equity is slow right now. There are not a lot of transactions. People cant travel and do their due diligence. The estate, we are on commercial side, not the residential. What is the value of a mall right now . The departments remain strong. The Office Market is uncertain because none
Consumer statement is breaking right now. Let us get the details with mike mckee. Little bit better news. Consumer sentiment is up a little bit from last month. The preliminary michigan numbers come in at 72. 8. There was an expectation that it would slip given everything that has been going on. We have seen an increase in expectations and the current level. Is 80 2882. 5 and that 82. 8 and better than what was expected. Level rises, and it had sharply declined last month but people are feeling better about the economy right now. Sales . Hat about retail we are still spending a lot in certain areas especially on ecommerce. Guy nice shoes. Alix thank you, i am glad somebody notices. Compared to last month it does not look as good. Mike the numbers did not come in as expected, but the trend is dead, a slowing during the month of july of 1. 2 after an eight point 4 rise the month before. 1. 9 down,mber at the retail control group, 1. 4 after. If you look at the june numbers, and retail sa
Will see the 2020 democratic ticket on stage, together for the very first time. What well do then is take you live to wilmington delaware where former Vice President joe biden will kickoff his campaign with his new president ial runningmate, as Vice President , california senator Kamala Harris each step of the way, what were going to do for you in this final hour is watch the markets, sectors, stocks, commodities for tick by tick reaction. Check it here markets in rally mode for the most instant reaction right now while its tempting to focus on the really huge jump for the nasdac look at this were up 235. Folks the index to watch is the s p. It is now within lets call it just under two points from its first record close since february, the number to watch, 3,386 were at 3,384 and change right now. All right, for months wall street has been gaming just who joe biden might pick as a runningmate and kind of fretting over you who the markets would react. Lets get to one of the top voices o
Everybody and very importantly we are at the white house and the still place like the white house. And for those of you that this is the first time, i know exactly what you were thinking, because i was here first time and it was still something i will never forget. Its great to have you and a first lady and i are pleased to welcome everybody to this wonderful place to discuss the vital importance of safety in reopening americas schools. We want to reopen the schools. Everybody wants it. The moms want it. The dads want it. The kids wanted. Its time to do it if you know, our mortality rate is right now at a level that people dont talk about but its down tenfold, tenfold. So you look at deaths are way down from this horrible coronavirus and its a disgrace that happen, shouldnt have happened but it did, and the economy is coming back. It is coming back strongly. Jobs are setting records for, two months ago they set the record and then give almost 5 million new jobs last month which is a re
Covering the facts that you know hes directly responsible for this erosion of price discovery of you know free speech essential is hes like the tyrant of the markets he doesnt allow Free Speech Free price discovery free markets thats absolutely right he is censoring the machinations of capitalism which weve doubt the weak hands and gives us only the winners so that we may become glorious in our quest to dominate the Global Economy but because of the printing thats going on in the bailing out. Of the we can still weakest the monks just in Corporate America what happens is the vibrant new small to Medium Enterprises are pushed aside they dont have access to credit and the worst behaved myths the albatross the no good mics are flooded with cast to do more bad things exactly so here he is warning the Small Business is going to be doomed of course investors love that because just like Warren Buffett he likes most he likes only copleys he only invest in those like if if you could force the p