Bit about the last number of months. As you may recall, california was the first state in the nation to formally engage with the cdc, the Trump Administration and others. S in relationship to this pandemic. We engage formally by allowing the repatriation of flights from overseas primarily from Mainland China to come into the state of california. This was a conversation that occurred in late january and the early part of february. Those relationships were formalized through a series of agreements that allowed for that repatriation. Covid19, this pandemic, the coronavirus was on our radar screen for many weeks before it became a framework of reference for the nation. As wellhe opportunity to develop further relationships not only with the federal government and partnership with the cdc, but hhs and other federal agencies, particularly fema when it came time to repatriate that cruise ship. You may recall a number of months back, we had a cruise ship off the coast of california. Thousands
Would be delayed until august 17. This runs one hour and 15 minutes. Saying iwant to begin by talked to Health Care Leaders from around the state on friday and they told me some incredibly moving stories about our frontline workers. Our doctors, our nurses, our hospital staff. Everyone that works in health care and all of our caregivers. So, i just want to reemphasize to all of them how grateful we are for what they do. How much we appreciate their hard work and commitment, especially at this time of incredible stress and how much we value them. I know everyone in the room likely knows a doctor, nurse, caregiver, somebody works for a hospital. Please also extent your appreciation. These folks are the heroes on the front lines today for the people of arizona and im grateful for everything they do. I also want to say i am thankful for the people of arizona. Ive asked for a lot of patience and im going to ask for some more patience as we go forward. This pandemic is incredible in terms of
Here are your top headlines from the bloomberg terminal. Angela merkel, the radical, the german chancellor throws her support behind the euro stimulus plan. She warns her fellow eu leaders that there is no time to lose and agreeing a deal. Is yet to come. The World Health Organization warns that a lack of International Cooperation means the virus pandemic is far from higher as aks push volatile first half comes to a close. Controversiales a security law after the u. S. Commerce Department Suspends regulation allowing special treatment for the city. As i said, just under an hour away. We are looking at futures pointing lower for the ftse right now. Andttle higher for the dax the cac. See euro stoxx 50 futures and ftse 100 futures are down. S p down just slightly as nasdaq futures edge a little higher. Lets talk about anna lets talk about breaking news. ,hell seeing volume guidance 3. 5 million to four point 5 Million Barrels per day. That is substantially weaker. Weakve seen extremely d
Be worrisome. Arestors seems that they looking to a lot this great Second Quarter in, david. David the consumer board came out with good numbers on positive consumer confidence. We are going to get fedex after the bell today. What are we looking for . Abigail relative to the earnings, micron put up a Strong Quarter and boosted the outlook carrying the outlook boosted the outlook. That wasto the quarter a stunning quarter, i wonder break it down. 18 this quarter. The best quarter since 1998. Treasuries after a huge quarter in the First Quarter relatively flat, but where we saw huge gains, investment credit, highyield credit, this of course on that fed support buying outright Corporate Bonds and those etfs. Gold having a strong day. Not just today but it was the quarter up 14 . The best quarter since 2009, so it will be interesting to see if this will continue into july, whether the Third Quarter can be a strong as the Second Quarter. Probably unlikely, but right now, there is an optimis
Right now the focus is on states and cities that are holding back on reopening and phased reopening plans at this stage here. Looks like it is relatively contained but all of this in an environment where the number of cases has picked and the World Health Organization says the worse could be yet to come. Interesting development as well in england they were reordered to institute lockdown measures. That is follows on heels with other Foreign Countries bedevil ed openings not going necessarily to plan. Im not talk being about what is rapping in russia, india, spikes in cases in japan and the seoul, south korea area. The fear this seems to way on the markets eventually. Something that will slow certainly the reopenings and the economy and recovery that many hoped to see from that. Very tepid. No matter what happens today. Looking like a boffo month for all the major market afterrings, certainly a very strong quarter. The strong first half of the year, well get into all of that, first to c