On a ventilator. Doctors best friend. The robotic dog helping Health Care Workers on the front lines. And a creative update to a classic board game keeping one family on the move during the lockdown. Good friday morning, everyone. President trump is praising new research on the coronavirus saying it offers new hope as we approach a grim new milestone. Today the u. S. Death toll from the virus will reach 50,000 people. It was back on april 6th when we first hit 10,000 deaths, and as you can see, the number has been rising by 10,000 every week. Just yesterday california reported its deadliest day so far. Here in new york this is one of the youngest faces of the victims. The 5monthold daughter of a new york city firefighter has passed away. She had a preexisting heart condition. At the white house briefing, President Trump said the u. S. Is doing a, quote, great job on testing. He disagreed with dr. Anthony faucis statement that the testing is not where it needs to be. The president also
Inflation. You can jump up and down, screaming that the fed has to raise rates and Start Talking about the november or the december meetings. Or you can just get on with your life darn it and start buying the stocks in companies that do have growth. Either way were now past the big bad event and that almost always brings in buyers which is what happened today. The dow rallied 164 points. S p gained 1. 09 be ands nasdaq kpliemed 1. 03 . I say you got to say to yourself, how come im not upset about the feds decision to do nothing . Because like janet yellen, i see little infrags and low growth on the horizon, which means raising rates would be kind of a stupid idea. Why does the fed need to tighten with inflation tamed and retail sales weak, manufacturing turning more negative . Whats the point . To appease the critics . To make it so the commentators that come on tv and predict stay rate hike look smarter . To say, who cares, lets tighten . Party down, tighten . The fed is not on autopi
Approach the federal reserves decision today, to do nothing, keep rates low because theres still not much growth or inflation. You can jump up and down, screaming that the fed has to raise rates and Start Talking about the november or the december meetings, or you can just get on with your life darn it and start buying the stocks in companies that do have growth. Either way were now past the big, bad event, and that almost always brings in buyers which is what happened today. The dow rallied 164 points. S p gained 1. 09 , and the nasdaq climbed 1. 03 . I say you got to say to yourself, how come im not upset about the feds decision to do nothing . Because like janet yellen, i see little inflation and low growth on the horizon, which means raising rates would be kind of a stupid idea. Why does the fed need to tighten with inflation tamed and retail sales weak, manufacturing turning more negative . Whats the point . To appease the critics . To make it so the commentators that come on tv a