Peter navarro last week on this program on what to expect. The phase four, when you talk about a 3 trillion program by nancy pelosi, you hear from Mitch Mcconnell only 1 trillion, the president is very interested in something on the order of at least 2 trillion with the bulk of that focused on bringing home our Manufacturing Base starting with pharmaceuticals and medical supplies and equipment. Maria and joining us to talk more about what a phase four stimulus plan might look like as well as a timetable, white house Senior Adviser kevin hassett. Kevin, its great to see you, thanks so much for joining us. Great to be here. Maria i know youve done a lot in the way of stimulus, throwing a lot of money at this economy. Assess where we are right now. We saw some very good retail Sales Numbers this week, we saw good jobs numbers last week. Has the recovery begun . Yeah, absolutely, the recovery has begun. I think that, you know, pretty much were looking for an acceleration over the summer if
Is another one of those mornings where it is hard for me to even construct a narrative. Disney is down, so is netflix. That can change, but there is a lot that is up, especially among the large cap tech names that are higher yeah, on the back of that jobs report, the number is quite good, but 40 of the gains came from the leisure and hospitality sectors. Its a big day for ipos. L lemonade is going public today the indication looks like that price could double on the opening. It is priced at 29 a share it looks to be between 50 and 52. That could be another good shot in the arm for the ipo market. Refreshing lemonade ipo, nice in a is where we will begin talking about the markets this morning. Lets bring in David Rosenberg good morning. Good morning. David, you have called this the no reason no rhyme market. But after this action that were seeing this morning, does today at least make sense . Look, i think the stock market is going to price in a lot of things including a vshaped recover
When connected, please enter pin number 665996976. This message will be repeated in cantonese and spanish. [speaking cantonese] [speaking spanish] great. Thank you to our translators, interpreters. I call the special meeting for wednesday, july 1st, 2020, to order. Misses could co, please have roll call. Thank you. Miss collins . Thank you. Mr. Cook . Here. Miss lamb. Here. Miss lopez. Here. Mr. Maliga . Ms. Norton . Ms. Norton . Mr. Sanchez. Here. Thank you. Thank you. Thank you. Good afternoon, everyone. And welcome. Welcome to superintendent matthews, all of our board colleagues, district staff and the general public in attendance. Thank you for joining us for two important actions that we have for the 20202021 School District budget. We adopted the operations written plan in place of the lcap, which is now due in december of 2020. Thus, this afternoon the board will focuses on the adoption of two adoptions. The sacks code and the s. F. Recommended 20202021 budget. Were going to tak
[indistinct conversations] [indistinct conversations] [indistinct conversations] [indistinct conversations] [indistinct conversations] today, the committee is holding a hearing entitled oversight of the Trump Administrations response to the covid19 endemic pandemic. Due to the Public Health emergency, members can participate in todays hearing either in person or remotely via video, and. Theart of this hearing, microphones will be set on mute, for the purpose of eliminating inadvertent background noise. Remotelyarticipating will need to unmute your microphone speak. Participating in person, please wear your mask when not speaking. Dr. Monahan extract expressed in the updated guidelines that the use of face coverings is meant to protect other people in case the wearer is unknowingly infected. When we are not speaking, each of us is playing a vital role in tech and all members and staff in attendance, as well as leaders of the covid19 response will be testifying before the committee. Due
Three additional firms that had significant business in particular sectors its not just the three but we understand that leaves some companies that dont have a rating as we open these ratings, the process of opening, were looking for an answer there. Niac is not a nrsro. And you know it has not been traditionally used in this way so were looking at options there. So so you have not opened it yet, but you have not foreclosed the possibility any kind of time frame you put on that . We talked about it yesterday. Were working on it. I think that soon, lets say okay, i just want to stress again that there are dozens of companies that have very strong blast sheets and employ tens of thousands of people, and they choose not to go to a public Rating Agency but they are in many ways in the same position as a publicly traded company that use use these facilities and i really hope that the Federal Reserve and the treasury can find a way to treat everyone in an equitable fashion and protect as man