Southwest, at t, dow and Union Pacific this morning, jim, the hard thing today, jim, is going to know where to start. Yeah, i mean, look, i think last night the news flow was, as you said yesterday, heavily weighted toward microsoft which people regarded as disappointment i think that disappointment is not having the greatest quarter in the world, lets just say that today i think that the focus is whats going to happen when these benefits end and which companies are going to be able to continue to deliver the numbers. For instance, chipotle had a great number, will that be impacted whirlpool had a great number last night will that be impact snd what are we going to see with southwest air we had a fantastic interview with american and then secretary mnuchin i felt once again sounds like theres some room to get a deal done. We need a deal or else were going to find ourselves with a consumer who is too strapped and i think that thats what im looking at for next week and then of course im
Who outperforms when it comes to the smallcap. Taylor we tech about the theme of the week, theme of the month. Back into gold and further out of dollar weakness. I heard you ask that really smart question about the dollar a few institutional banks trying to question that idea. That, thatr told you the dollar is for now still the reserve currency, at least in his lifetime. Big picture when we talk about flows, that will be one to watch. Romaine lets bring in linda. We are inthis market right now, at least off some of the record highs of the industry . Is this a market you want to buy and hold or do you become more of a trader in this environment . Linda i dont believe that any of us are particularly any good at being traders. It is an unprecedented time we are living in right now. We still have very high unemployment. We would like to have more belief that the virus is under control. I think powell made that comment to us as well, that the virus is going to decide much of this. Bulls on
Maria rousseau. So much of raising children these days seems to be about what we dont want them to do, keeping them away from dangers, both real and virtual, no dout this is a feature, perhaps and a bug of our helicopter in age but this attitude often fails to promote a sense independence in kids. Not only do they not know how to walk down the street by themselves but theyre also much and incapable of editing themselves completes without a device in hand. So for reasons both selfish, parents need a break, and selfless, we know this is important life skill for them, i think the Current Situation is untenable, our kids have trouble with any kind of unstructured activity that reading for pleasure is perhaps the activity i think a suffered the most, according to recent analysis of the american study, the share of americans who read for pleasure has actually fallen more than 30 since 2004. If there is way to reverse this trend i think it will have to start with our children and i can think
Colleague maria russo. So much of raising children these days seems to be about what we dont want them to do keeping them away from danger both real and virtual could no doubt this is a feature perhaps a bug of our helicopter in engaged but i think this attitude often fails to provide a sense of independence and kids not only do they not know how to walk down the street by themselves but they are also incapable of entertaining themselves at least without a device in hand. For reasons both selfish and selfless we know this is an important life skill for them the Current Situation is untenable like kids have trouble with any kind of unstructured activity but reading for pleasure is perhaps the activity that suffers the most part according to recent analysis of the american study the share of americans who read for pleasure has fallen by more than 30 since 2004. So if theres a way to reverse this trend i think it will have to start with their children and i can think of no one who can hel
President s chief economic adviser larry kudlow. Hes going to join us. Thats the question we will ask, when, where and how will some americans be able to get back to work. Now, check out the market. It reopens today after a threeday weekend. Last week was one of the best weeks in decades, with the dow rising 12 . No significant pullback this morning. We are down just maybe 70 odd points for the dow industrials and well above 23,500. How about that. The s p down about. 33 and the nasdaq, same thing, down about. 33 . That is not a significant pullback. Not helping the stock market is a forecast from jpmorgan. They suggest that gdp could fall 40 this quarter and unemployment could reach 20 . Now, that is a dire prediction. Check out the price of oil. The u. S. , russia, saudi arabia and other Oil Producers have announced an agreement that would take 9. 7 Million Barrels of oil a day off the world market. However, that has had very little impact. It may put a floor under the price of oil b