If you say things are okay, not as great, and youre an industrial, because there will be an opening of america, people will buy you if you say things are in line and you pull your forecast and youre not industrial, its a recipe to be sold. This is about hope its about the idea that it cant be as bad as it is right now. Youll see that even with marginal retailers, people think a marginal retail hear to come back because america is open listen, you have to go with the flow for a couple days if youre a trader if youre an investor you have to take the other side of this trade as we get closer to the opening. I think people will be surprised how little these businesses will do and how worse theyll do once we go open its not it is an opening other than auto builds wont occur. We have to be ready for that your general thinking is well get a ford plant reopening, vw doing it, boeing in South Carolina next week, but its going to be a manufacturing bounce yes more than a service bounce . Yes man
Holiday, were seeing gains close to 2 . Watching futures as well after we saw the dow, s p and nasdaq rally almost 7 overnight. U. S. Futures seem to be quite elevated. Take a look at india as well coming back online. U. S. Futures heading to negative territory now. Oil is stabilizing and resuming the gains ahead of the opec plus meeting thursday. Treasuries falling. Yen falling as well when it comes to the currency. The pound, we see Boris Johnson the Prime Minister now in intensive care after not being able to shake off the coronavirus. Watching the aussie dollar. Dont expect much but well look for an economic update. It was one of the worst curnsniss the world but it seems like second half could be a different story. Signs it could strengthen in the back half. Nomura saying it could strengthen to 13 rks 300 by year end. Tom we have some lines coming out of lamb now giving her weekly press conference. You can see her there. She has said that hong kong hopes to announce a second round
Featuring the winners of our studentcam documentary competition. Middle and high school asked the question, what issued you most issues do you most want 2020 candidates to address . Our second prize goes to night ninth graders from Long Beach Polytechnic High School in long beach, california, where cspan is available through spectrum. Their winning entry is titled, opportunity for all. We want president ial candidates to talk about tuition should be free. We chose this topic because we believe education is important to our future. Opportunity, who gets it in america . Is it something reserved just for those at the top . Opportunity. Opportunity, for every one of our kids. And i underline every one of our kids, to get a first rate education. You have kids coming out with 100,000 or 200,000 of student debt and they cant survived we are taking away opportunities from them and that is wrong. Statistics show when they have the opportunity to go to college, even if they dont go through that,
America . Is it something reserved for those at the top . Opportunity, opportunity, for every one of our kids and i underline every one of our kids to get a first rate education. Withu got kids coming out 200,000 worth of debt. They cannot survive and we are taking away opportunities from them and thats wrong. Statistics show that when people go to college, in up they dont complete it, they have a different horizon of opportunity. Thehe crisis is all over nation. Kids are underon the age of 30 and have debt. We visited the Cal State University Chancellors Office to get their opinion on free college tuition. Or three jobs depending on the semester in college. Havehad been free, i would had more opportunity and more time to focus on my academics. Theyen they leave college, have more purchasing power. People with more purchasing power cried the economy. People waiting longer to have children, they are waiting longer to buy houses, they are waiting longer to do a lot of things because they
And thisgood friday sunday, millions of christians celebrate easter and the resurrection of jesus christ. Thatis holy time, we pray god will heal the sick and comfort the heartbroken and bless our heroes. As American Families look forward to easter, we are reminded that our story ends not in despair, but in triumph and renewal. It . Appropriate, isnt i would like to provide americans an update on our ongoing efforts in the war against the invisible enemy. Before i do that, i have a couple of notes. The United States in discussions last night with mexico, saudi arabia, russia and dealing with opec nations, we are trying to get mexico, as the expression goes, over the barrel. Doingico is committing to 100,000 fewer barrels and the president and i spoke last night. We have a great relationship and great friendship, they are helping is very much at the border. They have 27,000 mexican soldiers on our borders right now, stopping people from coming into our country as the wall goes up. We ar