Governor hi sarah good morning. Marty good morning. Yeah, lot of restaurants here in San Francisco have been trying to thrive and survive off take out in delivery while others have just not even been doing that all these shut down, said it wasnt worth it for them because they depend on that Dinein Service for those customers who loved the experience and coming in here on Chestnut Street where a lot of restaurants have either closed down or theyve just been as i said doing the takeout and delivery so restaurants are just sitting idly by waiting to hear from governor Gavin Newsome and will be crucial to hear from an as hes releasing guidelines for reopening restaurants for dinein last week the California Restaurant Association sent a draft or recommendations to the Governors Office they include know sharing tables of course only family members or people who live together well be able to sit at the same table she will be able to grab dinner with a friend or anything like that but getting
Something we have been spotlights for weeks now. Market this is morning look like this, future indicating a move at the start of of trading this morning, nasdaq and s p 500 closed losses, 4 00 oclock on wall street. Controversy over the Michael Flynn deepening, name of obama officials who requested unmasking of former National Security adviser declassified. Meanwhile President Trump crimes committed by then president obama are obvious. Plus elon musk driving down his own road defying stay at home orders and if anybody is arrested should be him. Thursday, my sitdown with President Trump, join us with the very latest on getting america back to work, additional stimulus, 2020 race and general flynn, obamagate, dont miss thursday morning 6 00 to 9 00 a. M. Eastern. Mornings with maria is life. Global markets this morning look like this. In europe mixed story, cac quarant down 14 and dax index in germany sup a fraction, spain is ordering a twoweek quarantine for Incoming International trave
The big boet on bitcoin thats got everyone talking. But first, we begin with a trip back to the future for the markets and this was flagged by our own dan nathan a year ago today it was trading at 2900 and basically back to that exact level and lets fire up the flex capacitor to see what life looked like and wow, the world would change this time last year the s p 500 would trade 17 times pe and the tenyear note, and unemployment j was just over 3. 5 and Flash Forward to today, it is trading 20 times, and the yield. 6 and unemployment is projected to hit 16 and gdp is negative for the first time in over a decade. The world has been turned upside down and the market doesnt steam to care. So if youre an investor, should you make like a tree and get out of there i am told thats a funny line from the movie youve never seen the movie i saw it. The movie was released in the summer of 85. I think i turned 50 that year. It dawned on me as i listened to your intro the economy is george mcfly. Th
Going to prosecute. The governor calls these businesses selfish. President trump goes to pennsylvania on thursday and later on this program, we will have numbers from businesses in states that have allowed a partial reopening and ill tell you now, business is good. Moments from now, we have Shelly Luther with us. Shes the salon owner who went to jail for opening early, an American Hero on this program today. One hour from now, dr. Anthony fauci begins his virtual testimony before congress. Reportedly, he will say opening too early means needless suffering and death. The democrats will try to drive a wedge between dr. Fauci and the president. We will have, by the way, the latest on the explosive revelations coming out about what president obama was doing to instigate and set off the russia collusion mess. Turns out joe biden was in the key meeting. He was asked about it this morning. He did not have convincing answers. The status of joe bidens candidacy, the markets stunning recovery, o
States, again launching these initiatives right now to really unwind this process. By the end of the week the country as a whole will be 50 freer, if you will, or less locked down when all of this started. So that is a Big Development here. As people get back, a lot of them look forward to the memorial day weekend which they can see themselves going to beaches and the rest. The trend is share friend. Certainly concerner of wall and broad a very big trend at that. Well pick that apart with technology action, retail action, oil action. That has been dancing today. It is interesting to point out right now the dow and the s p and the nasdaq, forget about the nasdaq, already in positive territory on the year, it is not more than 5 from alltime highs, my friends, alltime highs. When you look at the dow and the nasdaq, they are respectfully down 13 , 9 , from where they started, when all of this was careening. Think about that, how much of a comeback the markets have seen. A lot of it built o