The s p is up. The pmi data driving the euro higher. You are seeing a little bit of a market, buthe bond its not a big one. Its not really reacting in the same way that the rest of the market is. We have some great guests lined up. Hour, up later on in the the former secretarygeneral of nato and former Prime Minister of denmark. We will get his take on whether europe is capable of standing up to china. He wrote an interesting piece today. We will get more on that. Alix to start focusing in on europe and the optimism from the positive pmi, mike mckee joins us now to dig through the details. Mike, what are the highlights . The question would be why better ko not doing is why is france not doing better . Measure howxes Companies Think this month is compared to last month. It doesnt tell us anything about the level of activity, but it does tell us there has been some sort of rebound, particularly in france. The french manufacturing numbers are over 50. The Service Numbers are over 50. And
Essentially all groups i dont know if Charles Payne is still with us but we are looking at the coronavirus fear factor. 40000 in a single day. If you look at this, about 10 at this moment, this is the fear indicator where we are very nervous, you see stocks generate at the moment. Lets keep it on the level here, texas and florida either shutting down bars or banning alcohol to be served at bars and what is that doing . Its a little bit of fear here. The dow is suffering in outsized way as far as percentages, trump industrial 60 points, two and a half . S p down 64. Look at the nasdaq. It seemed unstoppable two days ago, loss of 237 so weve looked at a significant 200point swing here. Covid19 cases in california cost 200,000 mark. Let throw hollywood come back off the tracks . Coming up, the scenes with movie funding as box office delays pile up and theres now a new date for the pushed out for chris nolans much awaited tenant. Do fears mean the food and trade deals are back . Public mar
Created 4. 8 million jobs, and that is much stronger than expected almost every single sector improved, bringing the Unemployment Rate down to 11. 1 . Isnt that the kind of news that makes people want to buy pretty much anything . Then the rally did taper off near the end of the day. The dow only dwayne e gained 92. Those are big numbers, but we got spoiled, didnt we what do these numbers mean what reflects the state of the labor market in the middle of june how does it impact your money . First, you need to understand that were still nowhere near where we are before the pandemic struck we still have a lot of ground to make up. The economy was smoking hot. I, however, think its a legitimate comeback. Its a legitimate comeback and a comeback gives you more latitude to buy stocks that depend on a healthy economy, not just an unhealthy one. But these are before the latest outbreak thats forcing many stocks to go back into lockdown mode, so its a glimpse into a post covid future that we ha
Around Farming Development 1st is destruction of mexicos fast rain forests and sport now skara launches an investigation after a noose was found in the garage style of driver bubble wallace meanwhile the Confederate Flag was flying above the track in alabama with the words d. Final now scar after it was banned from all racing bangit. So then the world has recorded its worst day yet for new cases the coronavirus more than 183000. 00 infections were reported on sunday that takes the total close to 9000000. 00 and its rising at an alarming rate in the country where the president dismissed it as just a little flu deaths in brazil not exceed 50000 likes here brian. Brazils deep divisions playing out on the streets of its major cities with some marching in support of president jaya balls and arrows. And opponents determined he should step down. But the moca fear we are here in defense of democracy and asking for sonora to leave this president who asserts the peoples power and is committing a
With the endracism. The mayor condemned the nooses and allowanced the police would launch a hate Crime Investigation. The mayor said even though there were claims the nooses were used for exercise equipment, that does not excuse them. When officers searched the lake, they found five ropes attached to multiple trees. We spoke to one africanamerican man who shared this video of people using the ropes as swings. He tells us theyve been up for months and the purpose was to have fun, not to instill fear. Maybe that big, just enough to put a harness on it so you can swing yourself. We have to start with the assumption that these are hate crimes. We cannot take these actions lightly. We have to take them seriously. Reporter and the mayor says the findings from opds hate Crime Investigation will be turned over to the fbi. And she was pretty adamant about this, that these symbols of hate crime, regardless of the intention, they will not be tolerated in oakland, especially if a public place. Tha