Just three Industry Groups are higher, and really, the highest among them are the food, beverage, and tobacco index. Mainly, the banks are lower by 2 , consumer durables down by 2 . Everything else down 1 or more. The 10 year yield at 57 basis points. I mean, essentially, the market is taking this really dire labor number very well. Down seven for the month of for the down 701,000 month of march. Was weeks before the mandated quarantine for many, so we know this is going to get worse. 26. 89, reflecting the mood between the president and russia and saudi arabia. Russia said it never saw prices going to 20. The dollar index at 100. 7 right now. An eye onant to keep that. The dollar continuing to be something of a stress point and a little but of a tell on these markets. U. S. And european stocks are down hard. We know that your to date. The s p down circa 20 . The stoxx 600 down 25 . A lot of people asking the question, is now the point at which longterm investors should be looking to r
I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . Many people in the investment world have bought sports teams. Im not one of them. I do admire others who have to fill their ambitions to get involved in sports. One of them is steve ross. He bought that Miami Dolphins a number of years ago. This year, he was the host for the super bowl. Its an incredible diversion from all the things hes done. A most he touches works out quite well. His business interests, his real estate interests, his sport interests. One of the early signers of the giving pledge, he has given away hundreds of millions of dollars for education and other purposes. I admire him as an investor and as a humanitarian. You will be hosting the super bowl. Is it hard to get to be the host . They call you up and sa
Now, coming off highs of the session. Heres probably why. We have a delegate from opec saying that the outlying deal is just for about 10 Million Barrels of oil a day output cut. About a halfhour ago, we got reports that it could potentially be 20 Million Barrels of oil a day. 10 was the bare minimum that the market was actually expecting. The opec meeting is getting underway now virtually, so we are waiting for more details. Who cuts, how much, when . There were reports you could see 4 Million Barrels from saudi, 2 million from russia. If you get to the total output of 10 million, ok. You could get some kind of floor may. In other areas of the market, the s p on pace for its best week since 1974. We can thank the fed for that. However, take a look at what is winning, utilities and real estate. The dollar is rolling over as the fed throws a second kitchen sink at the market, as well as the economy. Some more get reaction to what the fed is doing. We are stepping further into the credit
Will you fix your tie, please . David people wouldnt recognize me if my tie was fixed, but ok. [laughter] just leave it this way. All right. I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David many people in the investment world have bought sports teams. Im not one of them. But, i do admire others who have fulfilled their ambitions to get involved in sports. One of them is steve ross. He bought the Miami Dolphins a number of years ago, redeveloped the stadium area, and this year, he was the host for the super bowl. Its an incredible diversion from all of the other successful things he has done. Almost everything he touches works out quite well. His business interests, his real estate interests, and now his sports interests. One of the early signers of the giving ple
Please . David people wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David many people in the investment world have bought sports teams. Im not one of them. But i do admire others that have fulfilled their ambitions to get involved in sports. One of them is steve ross. He bought the Miami Dolphins a number of years ago, we developed the stadium area and this year, he was the host for the super bowl. It is an incredible diversion from all of the successful things he has done. Almost everything he touches works out quite out well. His business interests, his real estate interests, and now his sports interests. One of the early signers of the giving pledge, he has given away hundreds and