The coronavirus pandemic has led countries across the world to rethink manufacturing and supply chains. What steps can we take today and tomorrow to bolster a crisis ready actual Manufacturing Base and how are our policymakers addressing these issues . Joining me now is senator mark warner who sits on the many minutes committees in the senate and i add a note that senator warner and senator doug jones and senator Bernie Sanders and blumenthal have introduced the paycheck security act which tries to keep hold and to guarantee paychecks for those workers who have been displayed by covid and it is much more direct than anything weve seen before but senator warner, thank you for joining us today. We will bring some other people [inaudible] great to see you. Tell us first about what youve done and why its so important. I think the federal governments response, which has been obviously a record size and peed, 2. 7 trillion directly appropriated, Federal Reserve to another for chilean lending
Many citizens are demanding an end to stayathome orders right now. Well have the very latest on this revolt. One country, south korea seems to be doing right. All that and so much more on making money. Charles all right. Stocks under pressure all day long but it is crude oil the center of attention, folks. The may contract down 98 , a record low. On friday, Energy Companies ironically they were the biggest gainers in the entire market even though crude was down we had a great guest on, a oil executive. We wondered what he thought had to happen with the commodity price. He said that the oil industry had to do something it never did before. Take a listen. The choice is clear right now. We have twoways we can go about this we do nothing. That will lead to single dollar oil prices. It is going to decimate the domestic industry. Over a million jobs will be at risk and it is going to increase our dependency on foreign oil. Or we are part of a Global Solution to what is clearly a global probl
Returning money back to investors. Whats behind it and what it means for the Hedge Fund World the Investment Committee is ready to go. Halftime report starts right now. Good to have you with us. Our Investment Committee in front of you right there, joe terra nova and pete that jdiana becky quick reporting it could come as early as today, 5trillion did assets under management best day since 08 Charles Schwab for its best day since november of 2011 a lot to talk about here. The potential synergies are all about costs. If you think about it, Td Ameritrade has been this serial acquirer over the last couple of years and have been able to with scott trade have cost synergies and in terms of reduction of 60 to 70 i dont think youll have that type of Cost Reduction here with Charles Schwab i think it will be somewhere around 40 to 50 in terms of cost synergies but a strong dea for them specifically. Obviously very negative for etrade. I had talked about a couple of weeks back that etrade poten
With betterthanexpected earnings and you have what we have today, dow gaining 103, nasdaq, boy,. 70 nice when we finally get to the point we can focus on individual enterprises, we would be surprised at how well these enterprises are doing. Hallelujah so far, so good but next week was way too many jampacked earnings to keep track of, except for me. Let me give you highlights monday is expected to be a downer but im looking for a reason to buy, so thats at t. You might get a chance to by this midland quality phone company, yes, you heard me, once we scrutinize what will probably be bountiful cash flow from the time warner acquisition. We also hear from the one retailer that may disappoint us, amazon it used to be cv sfrmt but i think cvs are fine because they went and bought aetna. Then alphabet reported i cant remember the last time alphabet reported a clean quarter. Its always confusing. After the minoritysohot numbers from twitter, i fear another headscratcher who matters now . I car
And slackjawed. Slack slumps after Earnings Reports. This week, china and the u. S. Announced facetoface negotiations and that aimed at ending the tariff war will be held in washington. Skepticism on both sides for true progress remains high. This follows president trumps 15 tariff that became a reality last sunday, dragging apple further into the trade war. While the flagship iphone is spared, some key products are not. Namely, airports, apple watch, home pod, and imac. Guests joined us to discuss on tuesday before the latest round discuss on tuesday before the latest round of talks were announced. Apple is like you pointed out, the clear one. Any company that has manufacturing in china is there. But what is potentially more interesting than that is its starting to kind of spill over into other industries we felt had assumed were more resilient or tariffproof. Auto desk is an example. An Enterprise Software company, it is recurring, everybody thinks of that as being very defensive, bu