Unemployment rate over 10 , and that is nothing like what we see this morning. The mystery of what we see with this is absolutely extraordinary. Weve got the voices lined up to talk about it. The market standpoint, economic standpoint. What is missing, maybe we will get that from mr. Kudlow later, what is the view of washington on the American Labor economy . Jonathan and will the view change with jobs numbers falling apart . I never thought i would sit here and say it could be positive one million, could be one million. Quite simply, no one knows million. Negative one quite simply, nobody knows. Tom Bernie Sanders of vermont talking about the inequalities out there. This jobs report will show the start discerns between the stark difference between the haves and havenots. Lisa that has really been the hallmark of the crisis that has ensued. Theres a question of looking at the granular month we data, and the belief that looking at some of the corporate reports and the earnings that thin
The dollar,ack to so it was not clear what the safe haven was today, and then the vix is lower. Lessinly pricing in a lot risk than we were even a few weeks ago. Murky in terms if the market is hoping for some stimulus to come in. Financials aret your outperformance on the day, probably with that very small uptick. Atlor the senior strategist invesco is still with us. I know you said you favored equities over treasuries, but how does highyield and credit look . I was looking at our highyield barclays index. I thought 500 basis points over treasuries looked at one point, and down further, we migrate. How are you viewing credit at this point . I think we are being incentivized on credit, and i expect we will be incentivized to own credit and i expect we will be for a while. These moves that presage a recession, and that is the time when you need to hold true and by Corporate Bonds and investments that always bemoan the low yields never seem to want to do so. You get the policy response i
The largest trial for a potential kobe 1000 vaccine began on monday well mcgurn a started its trial 130008 plan volunteers helping to touch shots under the partnership with the u. S. National institutes of Health Volunteers will either receive a real shot or a placebo after 2 doses scientists will evaluate the results to see if it can prevent symptomatic cove at 19 for the 1st test site to begin vaccinating is in Savannah Georgia and a total of more than 70 testing sites will be used across the country well phase one results published earlier this month showed the vaccine was generally safe and had only mild side effects this included fatigue and even muscle pain well the center for Disease Control and prevention says it typically a phase one study consists of a small number of people to see if a vaccine is safe and elicit an immune response well phase 2 is an expanded and a vaccine is given to people who have characteristics such as a. Physical health and similar to those for whom the
Well shortly be determined. People want to go big as opposed, everybody seems to want to go big. They want to get to the recovery. The big thing we can do is get rid of this horrible, i call it the unseen. It snuck up on us. Cheryl with these roller coaster rides on wall street is there any good news . Charles payne, yes, that Charles Payne, will join us in 15 minutes with his perspective on the market action. He has great points to make. All that and more coming up on making money. Cheryl lets start with the stop story. A short time ago, that happened when the s p drops buy low 7 . But the administration is trying to calm, not only nervous investors but folks across the country staying inside of their homes to stop the spread of the coronavirus. We have blake burman at the white house where President Trump Just Announced he is sending two hospital ships to new york and california. Blake, you were able to get some questions to the president today. Reporter cheryl, weve been getting an
Answers on abc7. Every day, we talk with experts about issues important to the bay area and we get answers for you in real time. As kids go back to school, they are facing teacher shortages and covid questions. We will talk about how the Education Department is supporting local school districts. Also the Tenderloin Community fights back against a mysterious and controversial new doom loop tour of San Francisco. We will talk with our media partner, the San Francisco standard, to learn more. Heres the latest on the devastating wildfires in maui. The dust still has grown to 55 the death has grown to 55. With many missing, that estimate is expected to go up. More than 1000 buildings been destroyed and today we also learned warning sirens were not activated when the fire first began on tuesday. Mauis experience certainly has bay area officials on alert to ensure that we are better prepared for the next one. Joining us now is the American Red Cross Northern California coastal ceo. Thanks for