Early today starts right now glad youre with us. Im Frances Rivera im phillip mena. The number of Coronavirus Infections continues to grow as this pandemic rages on there are now over 6 million infections in the u. S. And more than 186,000 covid related deaths the series of International Trials found that treating critically ill covid19 patients with corticosteroids reduces the risk by 20 . Actor and former wrestler the rock johnson is the latest celebrity to be infected by the coronavirus. He announced his wife, two young daughters along with himself all tested positive about three weeks ago. This as a man in his 60s has become the first covid19 death erelated to sturgis in south dakota reporter its the scene they fear will unfold in the days to come from pool side parties to bars and beaches these are the holiday hot spots often behind a spike in coronavirus cases. After memorial day, 4th of july and a motorcycle rally drawing hundreds of thousands, u. S. Health officials sounding th
Get started now. Folks are still arriving which is fine. But we want to get started because weve got a fantastic program for you and not a lot of time. This hour is going to flyby. Toms book is really a fantastic read. But i do think that folks especially in the United States are going to find the book controversial. Thats a great thing about a book. If the book doesnt generate a conversation then it may not be worth reading. This is a glass halffull story about chinas economy in the management of the Financial System. Its offered at a time when u. S. China relations are declining. And attacks from all different corners in the United States of china system are growing. And theres this argument that chinas economy, how it manages that economy, is incompatible with the international system. And as a result the u. S. And others need to reduce their exposure to chinas unique risk. The book tries to answer the question, how did china japan should do it . How did they manage to continue to g
Program for you and not a lot of time. This hours going to fly by. Toms book is really a fantastic read, and but i do think that both especially in the United States theyre going the find the book controversial, and thats the great thing about a book. If a book doesnt generate a conversation, then it may not be worth reading. But this is a Glass Half Full story of chinas economy and the management of the Financial System. And its offered at a time when u. S. china relations are declining and attacks from all different corners in the United States of chinas system are growing. And theres this argument that chinas economy, how it manages that economy, is incompatible with the international system. And as a result, the u. S. And others need to reduce their exposure to chinas unique risks. The book tries to answer the question how did china manage to do it, howd they manage to continue to grow without a mayor financial cry crisis. And they keep it up. Im going to turn the floor over to tom
The auto sector. Ford and nikkola news coming your way just about to flat line with 59 minutes left in the session. We have a big lineup of ceos coming up on todays show. Dan rosensweig on the back of cheggs earnings it is a moon shot. Then the head oof another stock that has been on a terror, henry ji, ceo of Sorrento Therapeutics and its a huge earnings news, disney, nikola and well speak with the ceo of ww right after the numbers hit. We have 58 minutes left of trade. Mike san totoli is tracking act and phil lebeau. B mike, start us off with the Broader Market it is flat. We alternate the days between when the indices look better than the majority of stocks and days like today when the indices are doing nothing but holding near the highs take a look at the s p 500 here we are on a year basis. You have the pop and turn pattern. You pop above the highs and then chops around right now were above that june high 3350 or so would be a 50 rally off the closing low for from 23rd that is 19
We are going to go ahead and get started now. Folks are still arriving, which is fine. But we want to get started because we have a fantastic program for you and not a lot of time this hour is going to fly by. The book is a fantastic read and i think folks especially in the United States going to find that controversial and that is the great thing about the book. It doesnt generate a conversation that i may not be worth reading. But this is a Glass Half Full story of chinas economy and the management of the Financial System and that is offered at a time when u. S. China relations are declining and attacks from all different corners in the United States of the system are growing the business argument that the economy and how it damages the economy is incompatible with the International System and as a result of the u. S. And others need to reduce their exposure to these unique risks. The book tries to answer the question how did china managed to do it, to continue to grow without a majo