Country dont stop. And then in an unprecedented move donald trump takes the streets to survey the damage in the church during the protests. Broke in and were disgusted and cannot normalize this pain and the Entertainment Industry calls for a blackout to honor george florey. Well its been an unprecedented night in the United States as protests continue for a 7th day over the killing of an unarmed black man there were chaotic scenes outside the white house as police cleared protesters using tear gas and flash bang stun grenades at that exact moment in the white house garden as President Trump threatened to deploy the military nationwide unless state governors get these sometimes demonstrations under control. We cannot allow the righteous cries of Peaceful Protesters to be drowned out by an angry mob the biggest victims of the rioting are peace loving citizens in our poorest communities and as their president i will fight to keep them safe i will fight to protect you i am youre president
Last week. That means 38. 9 Million People have been thrown on to the unemployment lines in the last eight weeks. 38. 64 million to be precise. The only bright spot is the weekly claims have consistently come down. That implies that the layoff trend has already hit bottom. Heres the markets reaction to all of this. The dow at the moment is on the down side but not much by. Youre looking at 60 points lower. Youre looking at the nasdaq down about 16. Small losses across the board. Helping the market, astrazeneca, working with Oxford University, they have announced progress on a vaccine. They will do phase three trials with 30,000 american patients in july. If it works, they say they could deliver 300 million doses by the early fall. Then weve got three stories about open up and open up now. 600 doctors delivered a letter to the president outlining the Severe Health costs of the lockdown. They call it a mass casualty incident. Open up, they say. The front page of the New York Post blares
202 7488000 if you live in the east or central time zones, and 202 7488001 if you live in the mountain or pacific time zones. If you are watching or listening us outside of the United States, the number to call is 202 7488002. Thanks for being with us. Our social media, cspanwj or facebook. Com cspan, or send us a text message at 202 7488003. Here are the numbers courtesy of Johns Hopkins university. Million cases of coronavirus, and the global death toll now in excess of 312000 in 188 countries and regions. Fromorter joining us wellington, new zealand. Good sunday evening to you, where you are at this morning. Thank you for joining us. Guest thank you for having me. Host can you give us a sense of what has happened in new zealand . I know the country was quick to respond and quick to reopen. Guest thats right. No country can say conclusively that they have [inaudible] thewe have contained Community Transmission of the virus. In march, when they realized there was a spread, there was a
In mass. The speed record is four years for mumps. Moderna uses Artificial Intelligence by the way, fueled by Amazon Web Services to speed up the Drug Delivery and discovery process their covid vaccines are already going to phase two trials, shooting for phase three this summer thats incredible. Thats much fafster than anyone believed a long time ago that would change everything how many ifs . Mighty big ifs, too the rally gives us a glimpse of what the future may look like if moderna works with the dow up 211 points [ moo s p climbing 1. 1 and the nasdaq 1. 4 hallelujah. At least thats the Glass Half Full version of what happened today the world view says you have to ignore tomorrows hideous nonfarm payroll number at 8 30 because thats in the rearview if theres a vaccine around the corner, you have to believe the economys bottom and fuchl is much brighter than the past. Were buoyed by companies that said april and the beginning of may have been surprisingly strong lyft, uber, pay pal
Should dow gaining 22 points. S p advancing 1 nasdaq 1. 2 the truth is there is a lot of rot underneath and many investors are in denial about how bad things can be for some of the weaker players out there. The ones actually involved with the economy, the ones that dont have bullet proof Balance Sheets consider this weekend Warren Buffett presided over a somber annual meeting instead of festive investing. We had an older gentleman with brilliant answers followed by questions with becky quick tell you to stick with it. This time he wasnt bullish by any stretch of the imagination last week i told you it was time to start doing some selling. I still think thats the right call without a big bounce in the bottom the Charitable Trust was selling heavily at the end of the week go to actionalerts. Com Conference Call this thursday. I have to defend losers tyson foods which we bought for the trust when the trade war with china ended because they had a pork shortage. I always say its better to b