We welcome you in different localities around a beautiful and recovering new york city. You see that on the stock market this morning, with equities up nicely, and yields higher. Safe havens a little bit in retreat. Jon, what is your observation on a tuesday as we move through the week on how this market is doing . Jonathan the focus quite clearly, reopening. Views are still polarized because the near term are so binary. Either reopening is a success, or it fails and we get a second wave. It is one or the other in a nearterm, at least. Tom one of the things that is so important is when i look at the recovery that we are in, it is predicated on the next round of stimulus. Why do i need a round of john norman at j. P. Morgan is telling me we are in some form of recovery . Lisa a lot of people are expecting the federal government p enhanced Unemployment Benefits. There is expectation baked in that that will continue. My question is, how much pressure will they be on washington to continue
Know harness me into the top of my loans because i know so many black like a speaker every black man but for every one that i know know someone that has a friend a Family Member or a relative someone that died from Police Brutality and you need to stop at fountain of praise church mourners paid their respects to the open casket inside some who knew him others inspired by the National Movement his death represents every one city so you can see why we need to do it so we dont have to do this again disobey the last sunday and we did as they cantered. As a collective holiday disobey to last me in a room they came 15 at a time for up to 10 minutes with masks and social distancing to protect from corona virus for which floyd tested positive in april and in his autopsy George Floyds body has traced the path of his life the 1st in a series of memorials began in minneapolis where he died beneath a Police Officers need and never was held in the state of North Carolina where he was born both thro
Still but i dont think that the local Law Enforcement system is to stand there clearly racist i understand that distrust however of the Africanamerican Community given the history in this country because i think we have to recognize that for most of our history our institutions were explicitly racist protest marches are starting in new york as well christian salumi is there. Yeah demonstrators continue to come out in force weve seen all day thousands taking to the streets like what were seeing behind me here would happen here in manhattan its happening in brooklyn and rallies in parks all over the city. You notice behind me some of the stores are still boarded up from what happened a few nights ago some looting the last few nights have been very peaceful and weve seen some victories for the demonstrators as well with. The mare and the governor announcing steps towards Police Reform that they are valid to take in the wake of this outpouring of support i should also point out that as wev
Patients the billionaire Tilman Fertitta will talk about what a second waver could mean for his business power lunch starts rite now. Thanks the Broader Market is lower. The nasdaq isnt it crossed 10,000 just a few minutes ago. Lets get to bob pisani. We did hit the 10,000 level it was led by semiconductors we saw nvidia doing well dont kid yourself, theres your 10,000 off of that its still a nmegacap rally. Good day for amazon. Good day for facebook and alphabet good day for apple as well microsoft is the lone laggards and that is up about 1 overall here we sort of reversed. The banks, the retails and industrials have led the charge for the last week or so. Thats not the case today. Were back to the old meg cap rally and the banks down the retail down. Energy stocks down industrials down all this follows a rather predictable pattern in last month or so as these cyclical names for big for the last 6, 7, 8 trading sessions on the down side we keep mentions all of these. We call them ret
Austrias chancellor tells us shared debt is not the answer to the coronavirus crisis. Meanwhile, chancellor merrickle here in germany has a workaround for the dispute over e. C. B. Bond buying. Testing times. President trump says the u. S. Has prevailed in the battle to boost coronaVirus Testing to capacity. This as Boris Johnson is forced to water down his plans for rebooting the u. K. Economy. Plus, the fed dips into credit on the corporate side. Today marks the opening of a much anticipated facility to buy corporate debt e. T. F. , a key part of the Central Banks coronavirus strategy. Just you said an hour away from the start of cash equity trading in europe and the u. K. Lets take a look at futures here. Ftse n see that we have futures it is changed. Futures across the board are not moving very much, although at least in europe we see some direction. Everything moving to the down side. And more so when you look at the da x, the ibex and the ftse down a third right now. Take a look