Sweet week for the market, up nicely, but if you look a little bit farther back, were actually right where we ended up in may. We went nowhere in june. What would move the market up or down Going Forward . Yeah, thats right. The market had a great week. The s p 500 finished up 4 . Only up 2 from a month ago, its gone nowhere. Theres been this push and pull between good news, we had a lot this week, both the payrolls numbers close to 5 million new jobs added, better manufacturing surveys, and that caused investors to overlook a lot of the bad coronavirus news. But thats just making back what we lost last week when the coronavirus news was the focus of the market, and were really going nowhere right now. Jack so what could change that . Youre looking ahead to earnings, i assume. Yeah. Thats going to be the big one. The earnings reports are coming. Were going to get banks in a couple weeks. Were also getting a few trickling out. Theres companies that have these weird reporting schedules.
Mornings with maria with top newsmakers of the day. Watch. Maria they seem to have used this pandemic as an opportunity to gain more ground while the rest of the world was dealing with the pandemic. Yes. Well, first of all, in the initial stages of the epidemic, they then started this mass diplomacy to try to get goodwill. Maria i know you are still believing that this vrebound is still intact. What are your expectations for the second half of the year, nancy . After a 25 drop the in the Second Quarter, i think by the Third Quarter you are already seeing signs that growth is rebounding sharply. Maria you have to to study chinese culture, and thats why theyre in these camps. I dont know if you heard the phrase that secretary of state mike pompeo uses, he calls the stain of the century. Maria should i be more worried about being with people if they have the antibodies . No, no. We dont have any evidence that individuals who have recovered from covid are any type of risk to other individu
Anastasia ogrady. Daniel well its not exactly clear whats behind it. Obviously people are being infected. People who have coronavirus are transmitting it to others and there are things we can correlate with, it could be the protests that, indeed, happened all over the country for the last month. These were people in close proximity to one another, in los angeles, texas, florida, other states, it could be the number of people who have gone to restaurants, bars without masks and despite new infections do involve younger people, not the older Vulnerable People above the age of 70 who tend to be have the highest death rates. Some of the younger people are being hospitalized not too many of them are dying. The case rate is very high, the case numbers are high. The death numbers are not high, if you look across the states they remain very flat, so at the moment the surge seems to be located, paul, mainly in the younger population who has quite frankly been exposing themselves to one another
Sweet week for the market, up nicely, but if you look a little bit farther back, were actually right where we ended up in may. We went nowhere in june. What would move the market up or down Going Forward . Yeah, thats right. The market had a great week. The s p 500 finished up 4 . Only up 2 from a month ago, its gone nowhere. Theres been this push and pull between good news, we had a lot this week, both the payrolls numbers close to 5 million new jobs added, better manufacturing surveys, and that caused investors to overlook a lot of the bad coronavirus news. But thats just making back what we lost last week when the coronavirus news was the focus of the market, and were really going nowhere right now. Jack so what could change that . Youre looking ahead to earnings, i assume. Yeah. Thats going to be the big one. The earnings reports are coming. Were going to get banks in a couple weeks. Were also getting a few trickling out. Theres companies that have these weird reporting schedules.
Mornings with maria with top newsmakers of the day. Watch. Maria they seem to have used this pandemic as an opportunity to gain more ground while the rest of the world was dealing with the pandemic. Yes. Well, first of all, in the initial stages of the epidemic, they then started this mass diplomacy to try to get goodwill. Maria i know you are still believing that this vrebound is still intact. What are your expectations for the second half of the year, nancy . After a 25 drop the in the Second Quarter, i think by the Third Quarter you are already seeing signs that growth is rebounding sharply. Maria you have to to study chinese culture, and thats why theyre in these camps. I dont know if you heard the phrase that secretary of state mike pompeo uses, he calls the stain of the century. Maria should i be more worried about being with people if they have the antibodies . No, no. We dont have any evidence that individuals who have recovered from covid are any type of risk to other individu