When looking for a place to live a lot comes into play size design neighborhood proximity to work school or to friends and family but often the most decisive factor is price and that depends on supply demand Interest Rates demographic changes geographic location Overall Economic growth you get the picture its complicated but the simple truth is Everyone Needs a place to call home and a combination of those factors i mentioned can make finding a lasting shelter difficult for many our theme for todays edition of made in germany is the housing shortage as well see its a big problem. Well start right here in berlin its a city with the fastest rising property prices in the world in the early 2000 the cash strapped german capital sold off huge chunks of Public Housing to private interests the dearth of Affordable Housing has only worsened since then berlin has become a battleground between renters Real Estate Investors developers and politicians. Tenants in berlin are fighting for their righ
Is it a u . Maybe its an l. Or perhaps its a z. Or maybe its a w. Or a nike swish. We keep hearing people argue about the shape of the recovery. But this whole debate misses the point. The defining question of this market is very simple. Will we have a depression . Anything that makes a depression less likely causes stocks to explode higher thats what yesterdays rally was about. Even though we gave up some of the gains today, im calling it a consolidation day no matter what dow sinking, nasdaq dipping 5. 4 when you have a bag r big rally yesterday and it us diddant give up everything because of a Late Afternoon sell off, it is a of a kelgs. The issue is not whether well have a rapid v, recovery u, bounce the w, l shape, i dont know the l, of course, is the house of pain for ages maybe we havent started talking about the swish because of the Michael Jordan series. The market slows down dramatically all the people fretting about the shape of the recovery are getting ahead of themselves.
The u. S. Recovery could drag on through 2021 as long as theres no second outbreak. There might take a vaccine for people to regain confidence. Speaking of that, as present a aims to get 3 million vaccine doses ready for the u. K. By september. But Boris Johnson warns that u. K. May not be free of the virus for some time to come. And the Trump Administration steps up its campaign to blame china for the coronavirus, with an aide suggesting beijing sent Airline Passengers around the world to spread the infection. Were just under an hour away from the start of cash equity trading in europe. Lets take a look at futures this morning. We had a bit of a mixed picture. And now you see big, strong gains in european futures, 1. 5 on dax futures, 1. 33 on ftse futures. If you look at u. S. Futures, you also see 1 gains, about, a little bit less for s p 500 and nasdaq futures, but just barely. And more than 1 on Dow Jones Industrial average futures. What you see on the gmm . Gmm. Well, difficult f
Which means they were the vast majority of the comp sales the in store sales were. 9 . The stores fulfilled 80 of the digital orders in some way Brian Cornell said the retailer will spend 500 million from the beginning of march through july 4th on higher wages and other operational expenses related to the covid crisis so this spending goes beyond q 1 into q 2 not directly comparable with what we heard from walmart yesterday. The sales came at a cost their operating Income Margin was 2. 4 compared to 6. 4 in the same period last year and the gross margin rate was 25 compared to nearly 30 last year but then look at lowes, Michael Baker calls lowes perhaps the most surprising result of the quarter for retail their comparable sales grew more than 11 total up more than 12 in the u. S. Thats only the fourth time in at least ten years we think that lowes beat home depot in the u. S. Both retailers had identical online sales growth in the quarter of 80 but that is a huge growth compared to las
On jobs numbers. More than 2 million jobs in the month of april. We will bring you the numbers as soon as they hit. Key of getting america back to work, search for treatment. Paul hudson will join me live at 7 10 a. M. Eastern to find out how they can be used as treatment and at home tests coming up. 7 30 this morning, and disney 1. 4 billion hit from the coronavirus. Entertainment giant saying the pandemic would impart part of its business for the foreseeable future. Take a look. Futures indicating at the start of trading this morning, better than 200 . S p is up 25, nasdaq up 78 after u. S. Markets posted second straight day of gains yesterday. The dow, nasdaq, s p 500 up 28 from lows on march 23rd, mornings with maria is live right now. Maria Global Market this is morning have a firmer tone. Take a look at european indices searching for some direction but strength in the ftse 100 in london, cac quarante in paris is down a fraction but the dax index is higher by 30 points. European u