Phase 2 on friday. Only napa and solano counties told us they do plan to do so. San Francisco Mayor london breed explained it this way. The numbers are still going up. The number of deaths are still going up. And we have not lowered the curve. So we have to be mindful of that, and we have to be responsible when we look at ways to bring various industries back. Even as parts of the state begin phase 2, a Bleak Outlook today from Governor Newsom who said its still a long road to reopening and recovery. Its going to take a lot longer than people think. Its going to take a lot longer than people are saying. This is serious. Weve never experienced anything like this in our lifetime. This is depression era numbers in terms of the unemployment youll see across this country, not just in the state of california. Still, as we all try to get through this together, a reminder even the governor has some relatable challenges. I think its pretty obvious to you i have not had a haircut. Im a little em
Anna a warm welcome to the program. It is 6 00 a. M. In london. Guy shanghai was down pretty hard overnight. Move these the dial. Shanghai continuing to fall following that poor data over the weekend. Anna that has had an impact on the sentiment. This is a picture over shanghai for three days and in the future. Guy the futures are indicating lets get a read on what is happening in europe. Lets show you what is happening to u. S. Futures at the moment. The dow was down by about half of 1 . Firm up overwill the next hour and a we will get to the european trading sector. Yesterday, a negative section. Anna it is hard to imagine that we are in anything but a Holding Pattern until thursday with the fed. We will talk about cars elected a. A lot today. We will start with jim farley. When will they be profitable in europe considering all of the trouble they have had in russia. They have had to back away from their targets. Bmw is another interview. Guy this is where we get into the china conve
The weekends almost ghost pleas for medical intervention are ignored also this week the second round of syrian peace talks is broken off with the opposition pushing for regime change and west of alice laden president assad meanwhile serious conflict continues to spill over into ethanol. Here is killed this week i see this as a radical stronghold where to park its courses are trying to spot like the Assad Government in syria. Our goal. Life in the hearts of the russian capital this is artsy international with me maria costa. Nine although instrument takes is in full swing the result already coming in from the ski slopes and four sets of metal still to be on any other disciplines well as him more now from an isa now in ours in the cell we will have to start the ice hockey match last night. Rochelle was really close to victory but seeing as they fled their home in the end gets us more about it because the toughest things like the highlights of the olympics so far. However one on the evide
Ritholz. Very excited to have you here today. Im pretty excited about all of the interesting crosscurrents going on in the market. On the one hand, you have a group of very local bears talking about every pullback as it this is it, this is the top. And then on the other hand, there are some fairly relentless bowls who are just quiet relentless bulls who are just quietly eyeing stocks wer continuously. We will talk about that, but lets get to the newsfeed. Bank of america posted a First Quarter loss, a mere 6 billion in costs linked to mortgage disputes. Resolving issues over home loans and foreclosures have cost be of billion have cost bank of america more than 50 billion big ones. Shares have fallen three percent so far this morning. Ann shares of yahoo are trading higher today. Ceo Marissa Mayer can thank jerry yang. I say, alibaba is preparing to go public and it reported a 66 jump in their overall sales. Yahoo owns one fourth of the company. Company again and trading today, opening