A significant chunk well into the millions, i dont want to give you a number because its going to be a guest but well into the millions. People who dont get to go back to their old job and in fact there may not be a job in the industry for them for some time, there eventually will be but there could be some years before we get back to those people finding jobs. Maria joining me now to talk about the economy and how to invest is a professor of finance of the school of university of pennsylvania jeremy siegel, it is great to see you this morning. Thank you so much for being with me. Good morning, happy to be here. Maria lets talk about what we heard this week, we had the Federal Reserve say there will be millions of people unable to get back to their jobs for many years, they may very well not get back into the same job, you had on thursday another round of unemployment benefits, one and a half million additional people filed for unappointed benefits and of course they market selloff as
Mornings with maria with top newsmakers of the day. Watch. Maria they seem to have used this pandemic as an opportunity to gain more ground while the rest of the world was dealing with the pandemic. Yes. Well, first of all, in the initial stages of the epidemic, they then started this mass diplomacy to try to get goodwill. Maria i know you are still believing that this vrebound is still intact. What are your expectations for the second half of the year, nancy . After a 25 drop the in the Second Quarter, i think by the Third Quarter you are already seeing signs that growth is rebounding sharply. Maria you have to to study chinese culture, and thats why theyre in these camps. I dont know if you heard the phrase that secretary of state mike pompeo uses, he calls the stain of the century. Maria should i be more worried about being with people if they have the antibodies . No, no. We dont have any evidence that individuals who have recovered from covid are any type of risk to other individu
Mornings with maria with top newsmakers of the day. Watch. Maria they seem to have used this pandemic as an opportunity to gain more ground while the rest of the world was dealing with the pandemic. Yes. Well, first of all, in the initial stages of the epidemic, they then started this mass diplomacy to try to get goodwill. Maria i know you are still believing that this vrebound is still intact. What are your expectations for the second half of the year, nancy . After a 25 drop the in the Second Quarter, i think by the Third Quarter you are already seeing signs that growth is rebounding sharply. Maria you have to to study chinese culture, and thats why theyre in these camps. I dont know if you heard the phrase that secretary of state mike pompeo uses, he calls the stain of the century. Maria should i be more worried about being with people if they have the antibodies . No, no. We dont have any evidence that individuals who have recovered from covid are any type of risk to other individu
Mornings with maria with top newsmakers of the day. Watch. Maria they seem to have used this pandemic as an opportunity to gain more ground while the rest of the world was dealing with the pandemic. Yes. Well, first of all, in the initial stages of the epidemic, they then started this mass diplomacy to try to get goodwill. Maria i know you are still believing that this vrebound is still intact. What are your expectations for the second half of the year, nancy . After a 25 drop the in the Second Quarter, i think by the Third Quarter you are already seeing signs that growth is rebounding sharply. Maria you have to to study chinese culture, and thats why theyre in these camps. I dont know if you heard the phrase that secretary of state mike pompeo uses, he calls the stain of the century. Maria should i be more worried about being with people if they have the antibodies . No, no. We dont have any evidence that individuals who have recovered from covid are any type of risk to other individu
Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, today, President Trump heads to wisconsin. Good timing. The democrat governor there has just called out the National Guard. A protester wielding a baseball bat and bullhorn harangued a restaurant crowd. He was arrested. Molotov cocktails were thrown, the Police Needed help. Governor evers sees the light and calls in the National Guard. Same thing in washington, d. C. Hundreds of National Guard troops now marshaling. They will protect the capitals monuments. Thursday, june 25, 2020. Varney compan