Side 59 minutes heft in the session. Ahead on the todays show, within striking distance of the lows, Liz Ann Sonders weigh in on whether it is too late to get into the market rally. Plus, well speak from twillio ceo. Think lost steam on the back of the earnings and a stock offerings. Lets focus on the big stories joining us to talk stimulus in the Capital Gains tax is Chris Krueger. But first, mike with you and the Broader Markets. Stepping up a little bit from the highs. We have they make a very near approach to the closing highs from february about 3383. Right now somewhat lower than that this is a twoyear chart of the s p 500. Still doesnt look like much of a moderation in the trend. The v bottom off that december 28 nl lth low, we did get abovee prior september high we had a little followthrough for a new high then the occasion for really the first decent pull back of that run. Also very big moves in treasuries and gold. A lot of the hot money having a little bit of a violent day t
Only 18 . Republican senators have released an outline of their federal relief package but it could be months before people suffering financially during this pandemic actually get help. Jobina fortson is at the live desk with the negotiations under way right now. Good morning, kumasi. After outlining the relief plan the Republicanled Senate must negotiate with the democraticled house on all of this and it could take weeks before they come up with a compromise on everything. The gops plan cuts the unemployment benefi down to 200. Democrats want to take the 600 payments and keep that going until next year. This is the starting place and well get, youll have plenty of storage to cover along the way as we have these discussions back and forth across party lines and with the administration. Senate republicans have presented us with a half hearted, half baked legislative proposal. The senates plan includes another round of 1,200 stimulus checks with more support for th entireelief package wo
Something positive, right, with that rising case count hitting new records, it seems virtually every day, and deaths also starting to move up in knows hardhit states as well with hospitalizations thats certainly been a focus for Market Participants as you guys well know Scott Gottlieb who we follow closely tweeting about the remdesivir news, very encouraged but needs to be confirmed in a prospective trial, appears to be a receipt peck testify analysis of the face three data suggesting a survival benefit in severe Covid Patients. We have made the point many times it is only good news on remdesivir, but lets remember its an infused therapy in the hospital typically for people who are severely ill what we are hoping for and waiting for are significant antivirals that will have an affect on the virus far earlier in its course so that people will feel much more comfortable in resuming behavior because if they were to get it and these were to be available they could immediately take an oral
Could be a fullcourt press at least on the administrations part working through the coronavirus folks saying look, the worst of this could be behind us. That is one of the reasons why the president has been stipulating, he thinks all kids in this country should go back to school in the fall. That has earned him the wrath of Governor Andrew Cuomo who is also addressing reporters right now saying what about the kids, are you thinking of the welfare of the kids . The back and forth goes on and on. Speaking of governor cuomo, sometimes around august 1st, august 7th, he will have a financial decision on status of schools, whether they reopen in the empire state or do it on a tiered basis. Some do, some dont. Could add likely to parents confusion to all of this. Edward lawrence is monitoring all of these developments. Edward, what do you have right now . Reporter neil, the Coronavirus Task force is still briefing at this hour. In fact right now. What the vice has come out and said he is enco
Your completed speaker cards and documents as part of the file will be submitted today as to the clerk. Items acted upon today will appear on the march 21st, 2020, board of supervisors agenda, unless other stated. And related to the coronavirus disease, we are asking all attend decees of this meeting to maintain at least four feet between themselves and others, regularly wash your hands for 20 seconds at a time, and try to avoid touching highvolume services as much as possible. Thank you for that, mr. Clerk. For reasons related to the Current Public Health crisis, we are likely to continue items 3 and 4. So if anyone is here for those, you should be aware of that. So mr. Clerk, can you please call the first item. Item 1is a hearing to consider that the issuance of a type 57 special onsale beer and wine Liquor License to the owners association, doing business as the four seasons private residences, will serve the public convenience or necessity of the city and county. Thank you. Good mo