We welcome all of you today. A most interesting day. Chairman powell to speak later on. He managed the message yesterday to say the least. I am thrilled to tell you, particularly those hammered by whiplash, a quiet data check this morning. , nottle lift in the market question. The vix with a 33 level, much better than the agony of thursday and friday out at a 44 level. Coming in sprightly and maybe take a pause. Lets view the Economic Data within the data check, which was a shock of the unemployment report, and then the huge shock yesterday of the nice rebound in retail sales. We had good conversations on that as well. Within that is what yield does. All in all i would say yesterday was remarkably quiet versus the gyration of the equity market. There is substantial news this morning. Lets go to our first word news. Here is ritika gupta. Jerome powell is sticking to his message that there will be an uncertain path to u. S. Recovery. He has the second day of Video Conference testimony be
And across this nation, particularly those of home, alling at different home, all different shades. My major message today is the crosscurrents that we the of where welysis are this middle of june. Of where we are this middle of june. The bar for the good news gets higher. That has been the big debate the big debate we cant choose one or the other. We know a lot more than we did when this first hit. I think the spikes we are going to deal with down the road here, we are going to be better prepared for them. Weve got the population operating in a much more safe fashion than when this first hit. I believe weve got a lot of companies putting a lot of energy into how to operate a business with a pandemic, and i wouldnt underestimate capitalists figuring that out. Weve got scientists working for treatments that can reduce the death rate before a vaccine is discovered. Theall, we kind of nowhere primary death rate is among older and compromised individuals that we can put a big ring around.