Pres. Trump it is an honor to be with everybody. There is no place like the white house. For those of you that this is the first time, i know exactly what you are thinking because i was here the first time and it is still something i will never forget. Welcomeleased to everyone to this place to discuss the vital importance of the safety and reopening the schools. Everybody wants it. The kids want it. It is time to do it. Our mortality rate is at a level that people do not talk about, but it is down tenfold. Deaths, they are way down from this horrible china virus. It is a disgrace that it happened, but it did. The economy is coming back and coming back strongly. Jobs are setting records. Recordths ago they set a and again, almost 5 million new jobs, which is a record. It broke our last record of a month before. Muchumbers are happening sooner than anticipated. Nasdaq hit another record today. A small amounte below what they were a very small amount below what they were. It is incredibl
Everybody and very importantly we are at the white house and the still place like the white house. And for those of you that this is the first time, i know exactly what you were thinking, because i was here first time and it was still something i will never forget. Its great to have you and a first lady and i are pleased to welcome everybody to this wonderful place to discuss the vital importance of safety in reopening americas schools. We want to reopen the schools. Everybody wants it. The moms want it. The dads want it. The kids wanted. Its time to do it if you know, our mortality rate is right now at a level that people dont talk about but its down tenfold, tenfold. So you look at deaths are way down from this horrible coronavirus and its a disgrace that happen, shouldnt have happened but it did, and the economy is coming back. It is coming back strongly. Jobs are setting records for, two months ago they set the record and then give almost 5 million new jobs last month which is a re
Thank you very much. It is an honor to be with everybody and we are at the white house, there is no place like the white house. For those of you that this is the first time, i know exactly what you are thinking. I was here the first time and it is still something i will never forget so it is great to have you in the first lady and i are pleased to welcome everybody to this wonderful place to discuss the vital importance of safety and reopening americas schools. We want to reopen the schools. Everybody wants it. It, want it, but adds want kids want it. It is time to do it. Our mortality rate is at a level people dont talk about, but it is down tenfold, tenfold, so you are looking at deaths way down from this horrible china virus and it is a disgrace that it happened. Shouldnt have happened, but it did. Is coming back and coming back strongly. Jobs are setting records. Two months ago, they set the record and again, almost 5 million new jobs in the month, which is a record and broke our l
The other sectors such as tech and health care. The stayathome sectors turn into the new defense, calling into question the rally. We have haven assets rallying in a significant way. Dollaryen down more than 1 . The 10 year yield reversing. It had been a sixday backup. Now 10 year yields is trading lower. That tells you there is a move into bonds. If you start to see haven assets rally, especially on the back of a strong move up, you wonder what are traders looking at. Are they just treading water waiting to see how this resolved or is it a talent on something that is about a flareup, which is u. S. China relations not liking the cyclical rally, maybe it has gone too far, too fast. There is questioning around the payrolls report on friday. David a lot of indicators pointing in different directions. What about the yield curve . There is a lot of information about the yield curve that is deepened. What does that tell us about what is coming down the road . Abigail the last time i looked
I want to note our deep appreciation to the ford foundation, prudential financial, walmart, the Cigna Foundation and the Mastercard Center for growth for the support of opportunity in america series. At the Economic Opportunities program we focus on advancing strategies, policies and ideas to help working people and Small Businesses thrive. Working people and Small Businesses are facing extraordinary challenges today with over 26 million recently applied for Unemployment Benefits and millions of Small Businesses at risk of closing for good. At the Economic Program we recognize for too long, race, ethnicity, gender and race have played out side role in who has access to opportunity and to a shutout. We see today black and latino workers being most affected by unemployment, and by the health risks that come with being classified as an essential worker. We see black and latino owned Small Businesses facing much greater vulnerability to the economic devastation of covid19 and more challeng