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
Business exclusive. Welcome back to the show, peter. Thanks so much for joining us. Your reaction to this development . How are you doing, liz . Look, i want to see comey, page, strzok, brennan, clapper, basically investigated. This is great news for flynn. He was unjustly prosecuted. The Bigger Picture here, he is back on the campaign this, whole russia thing started way back then. It is just been 3 1 2 years where we had rogue agents and people in the deep state trying to take this president down and people like flynn. It was just so unjust what they did to him and hits son his son by the way. It will be a great day for american justice but it is about time. Im not sure why it took so long. Elizabeth peter, lets listen to the president weighing in on this development. Lets watch. He was an innocent man. He is a great gentleman. He was targeted by the Obama Administration and he was targeted in order to try and take down a president and what they have done is a disgrace, and i hope a
Front. Showing millions of jobs lost. Well see more with the jobless claim number and tomorrow with the number from the government dow looks to be up 260 s p up by 34 and nasdaq up by 118. We are getting competing views jobless numbers we know are bad. Then you see oil prices that tell you where things may be headed prices may be up again gain of 7. 3 this shows you maybe things are starting to pick up around the globe. Maybe that demand is coming back that may be something to hang your hat on. Andrew thank you we have a huge lineup of guests. Secretary of state mike pompeo will join us to discuss relations with china former ceo of Goldman Sachs about the outlook of the economy and the ceo of paypal and also talking to the ceo of hilton and aflac ceo will join us and our media guru from lion tree hard to think we are going to pack it all in in three tiny hours. That means no screwing around at all today is what i think go for it then. Three hours time for everything. With err going to
Announces he has canceled his Airline Investments and thats not all. Warren buffett revealed this weekend, which was nothing like you are seeing on the screen, it was a virtual Berkshire Hathaway Shareholder Meeting with just buffett and one other person on the stage. Our expert buffett panel is here to read between the lines of what buffett really said. Wall street, as we look at this, it has happened. A National Store chain has succumbed to the coronavirus. J. Crew filed for bankruptcy protection, leading us to ask whos next. Major Industry Groups are now banding together by asking congress to prevent another one from going bankrupt. One of the biggest retail lobbyists is here on why the trump tariffs must be suspended if retail is to survive. And as restaurants, oh, boy, we know how tough its been for them, across the country take baby steps to reopen, weve got one of the bestknown star chefs of the world here. Celebrity chef Rocco Despirito on how to put out the massive corona fire
Clients. Got to hear mohammed, one of the smartest in the business. What if there were a tool, work with me here, that identified where in the air around your town coronavirus might be hovering . Drone Company Dragon fly says its drones can now just do that. The ceo is here on how they work, but also on the privacy controversy now swirling around his wildlooking aircraft right there on the screen. In this work from home world, theres a real lifeline between millions of employees, their coworkers and their clients, the ceo of slack is here on what happens to his companys dominance as the world reopens. An important question here. Breaking at this hour, protest against governor newsoms beach closures are heating up in california. We have helicopter video in. We will take you there. Plus which stocks Warren Buffett might refuse to discuss during his annual meeting tomorrow and why that should matter to you the investor even if you dont own shares. Plus charlie breaks it on round two of th