The arab spring and the last financial crisis back after 20082009 all the money printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here theres 100 euros here is 100 euros who hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats a headline from bloomberg they think perhaps well we looked at our Balance Sheet perhaps there might not be any money there. Thats yes whats up lucky. Crap to very
There are so many places you could be right now at least youve joined us this is r. T. Internet. Voting is under way in russia on amendments to the countrys constitution the package includes more than 100. 00 provisions some of which have been widely criticized they both online and early voting begins all leading up to next wednesdays general vote against the has been delving deeper. 7 days of voting and now underway across russia cross 97000 polling stations set up for this vote and you know Vladimir Putin he never misses an opportunity to remind everyone how the world is changing how quickly its changing and how important it is for russia to stay ahead of the curve these obviously these changes what the government of visions as paving the path for russia to stay ahead of that curve. Does tell you how important how much is at stake here the fact that theyre holding them now just as russia begins to emerge from the group of ours pandemic. Have been lifted across the country nevertheles
Drop coming up on todays show, were taking a look at how a number of Different Industries are getting back to work in america. Well talk hotels and travel with the ceo of best western plus, walter rob, the former coceo of whole foods will weigh in on grocery trends and well talk about the state of the consumer lets kick things off with a Broader Market a choppy day to kick off the trading week pretty positive. Right near the session highs as we stand on track for a record close for the nasdaq composite actually kind of a quiet levitation out there the average stock not doing much of anything. Volumes are low. But v but the Growth Stocks are powering higher. You see a one year of the s p 500. Its about a couple weeks ago that the enthusiasm for that reopening really seemed to crest for a little while since then, the old Growth Stocks, if you look at the top of the dow right now, its nike, apple, walmart, visa, microsoft. These are the days when the observation that Great Companies remai
Above 39, jim. But this morning, well watch maybe a tale of two cities if new york can do this as they reopen offices and hair salons i think new york is taking a big risk because new york has beening ino ing inumber one when you have the least covid, i guess maybe you can say its time to open but also to be the least covid for a little bit i know you need to do it because too many businesses that are going to go under. Just be too long and the cash flow is too low. I worry about a bit of a spike because it is great to be a state that you feel safe in and, yes, i want my, i dont have to worry about my hair being cut but yes i want these businesses open and get cash flow its been just a delight to having lost vigilance but little less nervous on fathers day pretty good. Interesting kudlow saying a moment ago he does notanticipate another nationwide lockdown but one thing that friday did demonstrate that apple and cruise lines will curtail their own operations if they sense any need for
Blake burman is watching latest coming out of the white house. In fact were expecting remarks in a few moments from the president in the rose garden. Before we get to that, it is Lauren Simonetti on the market rally. Lauren . Lauren a lot to get through. You dont want to complain. You have a 500point rally the day after a Holiday Weekend but what took the market off bigger levels, the dow hit 25,000 for the First Time Since the lockdown began in early march. The s p had topped 3,000. Those levels did not hold on a Bloomberg News report that u. S. Officials were considering sanctions on Chinese Companies and chinese officials for their handling of the hong kong situation. So still a broadbased rally but we came off those levels as you can see. The nasdaq had been at its highest level since february 21st. There were hopes as the economy does reopen, as we noticed, this weekend, memorial day weekend there is hopes on the medical front too. 10 vaccines are currently in human trials. Novava