The nasdaq hitting a new record high and amazon shares crossing 3,000 bucks a piece for the first time ever. Shannon, well start with you on this one what the you make of the rally is it legit and why is it happening now given everything we know negatively about the coronavirus virus . Were just continuing to see investors look at the sentiment thats coming out of the surveys and anticipating this continued v shape recovery we have seen the v shape recovery in the stocks already were anticipating a v shape recovery in the economy. I think that really rests on the fact that despite the fact were seeing this pick up in cases, theres not a widespread expectation that we go back to the lockdown that we saw in march and april. They really anchor themselves to the most recent period which was a very difficult period from an economic standpoint. Investors are continuing to look forward. They are continuing to see the Second Quarter being the earnings trough from this particular recession look
Higher. Plus, were going to have more opposition it appears to the border tax. The ceo of jc penney says it makes profitability virtually impossible. The Corporate Tax myth, a new report showing many of the american Largest American Companies pay no taxes at all. Within that headline number of course the better than expected jobs report shows private sector payrolls up by 227, construction up 58,000, thats the most in nearly a decade. Average Hourly Earnings up, numbers coming ahead of next weeks fed meeting in which policymakers are expected to raise rates. That construction number driven perhaps by trump rhetoric or policy. Perhaps by a warm weather in february and very little snow across the country. Well, ive got to tell you, i always like to look at where the jobs are created. And ive been waiting for construction. I love construction jobs because theyre such a great ripple effect. Construction punches way above its weight in the u. S. Economy and increase by 58,000. I also like t
Vehicle since it joined the search effort. The most comprehensive study of expanding waistlines published. Nearly a third of people across the world are classified as obese. The debate that split the Public Health community. Its all about ecigarettes. Tobacco companies are pushing the World Health Organization. Now we ask, is this a smoke screen being used by those Big Companies to cover their falling sales . Hello. It is midday here in london. 7 00 a. M. Washington, 2 00 p. M. Eastern ukraine where fighting between Government Forces and pro russian rebels continues. In the past few hours, 14 people have been killed as another military helicopter was shot down near the town of sloviansk, north of the flash points city donetsk. The scene of the fighting that has left dozens of rebel fighters dead. This despite the president saying this week the bloodshed would end in hours. We are joined from donetsk. Sloviansk 50 to 60 miles from you. Significant loss of life there mark . Reporter a hu
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