Are trying to create a robust commercial marketplace in lowearth orbit great we need spacex to get customers that are not nasa. We want to be a customer, but we want to be one of many customers. What we are doing is giving spacex a lot of leash. We have contracted for them to do the launch independently, but make no mistake, our engineers and our technicians have been involved in the developing of this capability, and our astronauts have been involved in it. We want to be one customer of many. We are helping to grow this commercial marketplace by being a tenant customer, but we also want to have numerous providers that are competing against each other on cost and innovation and safety, and when we achieve that it will transform how we do spaceflight. It will bring down costs and increase assets. David you talked about commercialization, which is interesting to our audience, how that works. When it comes to spacex launching a satellite, it is clear. Companies need satellites in orbit. W
Be playing into sentiment. All of the sub indices in the s p 500 are lower now. A real pause in earnings reports from the Oil Companies to amazon, down 7 after saying it would likely spend all of its operating profits on covid related preparations to protect employees and customers. Also saying that revenue increased, which was a positive sign out of amazon, but again, investors selling that stock today. Barrelil was above 20 a , so i bit of a recovery, if you want to put it that way. It certainly doesnt feel that way. Then we had the ism manufacturing data earlier which really cast a pall over the earnings outlook. Ecb president Christine Lagarde is forecasting euro area Economic Growth to shriek as much is 12 this year. This is the central bank announced a series of further that effectively amount to do an Interest Rate cut. Thanks on the front line of the economic recovery puts banks on the front line of the economic recovery, but does it go far enough . Ofh us now is Marilyn Watson
From the market today, even do see the that, we higher than yesterday, and volume down 6 or yesterday. Same time lets bring back darrell kronk, ells fargo Institute President to give us a little more insight off what we should be looking for next week. Its april jobs report, it will midmarch to midapril, so asically a more clear picture of what happened when the lockdown really took effect. Will that data point matter to investors. Its backwards looking, yes, but its going to e really paint out for us in black and white the damage from the pandemic. Darrell yeah, its a great point, scarlet. It will matter. It always is, if not the most important Economic Data point, one of. Y it looks less like on the math 22 millionhere around jobs would have been lost through the month of april on payroll report. To put that into perspective, thats basically all of the jobs in the u. S. Ed economy through the 20092020 expansion period. The Unemployment Rate is going willeak to 16 , 17 , which far sur
No, not like the one that i have. Lets get to it. We had a touch weekend. This is going to happen sooner today. Were going look for the summer pattern and then had the activity in the county still, low overcast and thats very persistent. Its showing signs of getting chewed up today. We have the 40s and 50s and then santa rosa and then a little bit of fog. Low clouds out thereivy that fired up there. The system is coming dowts up to 35 miles an hour, but all signse pattern today and temperatures bumping up near average. Its been a cool april. Today is near average to that. Sal is here now, and wee will see if theres anything new going on the freeways. Its 6 02. Lets go back to the headlines. And thank you, sal. Topping the news this morning we start with the latest statistics on the coronavirus cases here in the bay area and across california. Now, John Hopkins University reports there are more than 23,000 cases in california with 600 and 82 deaths. There are 400 reported cases in the b
Already, which is a rarity. Developing their the low clouds stuck around but and thats not something we all data would only be used have seen much of. There could be more inland sun for nhs care and we wont hold upper 40s, low 50s here, and warm temperatures, kind of it any longer than needed. A mini summer pattern. Getting some breaks in the fog and that onshore wind up to 35 the idea of coronavirus 63degrees today, and most immunity cards has begun a conversation among Health Care Locations are still reporting professionals across the miles an hour now. Mostly cloudy skies. A couple systems are slipping the breeze has tailed off a country. The immunity card, passport or little bit but its still another form of id could be down, triggering thunderstorm used to identify those who have activity around santa rosa onshore. Been tested for the virus and yesterday, not expecting that it was up to 35 miles an hour this morning in the delta. The card would determine whos today. 60s and 70s ou