Tomorrow. We will have our fed coverage as usual. Then onto an exceptionally busy end of the week. Theres no question about it, you wonder where this stimulus debate will be in washington by the end of the week and into the sunday talk shows. Jonathan 98 days until the election, you would think washington, d. C. Would get it together. Just as the economy starts to roll over, as that recovery starts to plateau, the collective will to do a whole lot more fades. That is the story, and it is always the story you when you exit the immediate crisis, the collective will fades. Tom Lawrence Kudlow still talking about a vshaped recovery. I am looking at the 3m and 16 , 20 s, unemployment. Where is the recovery . Jonathan as of q3, theres your v. After that you rollover. That is what everyone is expecting, even with the reopening. Everyone expected that mechanical lift as you go from shut down to reopen pretty much every economist expected it to fade as we got deeper into the summer. The big con
To 330 million folks, by land size as the United States the Biggest Country by land. We are close. The few times i have been to china the people are wonderful very interesting, smart, hardworking. Very aspirational and a say this because when i talked today about china i hope you understand mr. President and my colleagues to s understand not talking about the people of china. They are good people. The Chinese Communist party, not so much. I really regret having to say this, i would not turn my back on the Chinese Communist party if it were todays dead. I dont want to have a cold war with china i would rather see us together for the common good of planet earth and we tried but it hasnt worked out very well. We admitted china to wto december 11, 2001 you china would not have been admitted without our support. So we agreed and then they started cheating december 12th is still have intellectual property, not just ours but everyone else in the world they steal the intellectual property they
Press here once again. Normally, you know as an introduce the ceo well talk to, i show a little video of that ceo working at their Office Working at hard. In this case well show a video shot by a Family Member at home. What makes crystal so unique is she spent a good portion of her career as a ceo in her house. Shes a brandnew ceo, taking office just a few weeks before the stayathome order. And thats where we find her, crystal joining us Via Teleconference from her home. Good morning. Thats quite a timeline. You get your first job as ceo, a few weeks lat right, thanks for having me, scott, that is a very true statement. That must be tough. How are you managing as ceo, trying to work from your Kitchen Table . Well, i think its been challenging for a lot of people. But i have to tell you, the comment that you made about the fact that ive worked from home for the better part of my career has really helped equip me to know exactly what its going to take to work remote and to really make su
Crude posting its longest winning streak in a year. Opec cuts may be draining the blood. And top fed officials weigh in on negative rates, saying such a move is not on the agenda for the foreseeable future. Shery lets get to a quick check of the markets. We are seeing u. S. Futures holding steady, after we saw the s p 500 fall on rising u. S. China tensions that we saw in the regular session. The s p 500 fell eight tense of 1 . Technology and utility also leading the losses. We have heard from china responding to act as asians from President Trump warning that responding to comments from President Trump warning that nasdaq sides biggest composite fall in more than a week. We also have some abysmal Economic Data. Millions of americans claiming jobless benefits. We are seeing wti under pressure, but still above the 33 a barrel level. This after sessions of gains. We are talking about the longest winning streak in more than a year. Haidi and really that crude story may be a bright spot as
Opecs cuts may be draining the glut. The bank of japan prepares for unscheduled talks as the coronavirus keeps extra pressure on the economy. Help for Small Business tops the agenda. Downside are seeing a start to trading on this final friday session of the week. Overwhelmingly, the concern over these escalating tensions between washington and beijing, and now also, beijings expected move to impose the National Security law on hong kong and we are watching, in particular, the start of mainland trading as well as hong kong trading and trading in the hong kong dollar but in the meantime, we are seeing a downside view when it comes to nikkei futures as well as kospi. Sydney futures looking to extend losses of. 4 in the previous session although we could expect to see some modest gains when it comes to the Energy Sector given the gains and that story when it comes to the continued rally in oil prices. We are also watching trading in new zealand. We had retail Sales Numbers out in the last