Reporting this week for the s p 500. It might provide some we can do some glimpse into how companies are thinking about the future. Of those companies is united airlines, already saying it is going to have a 2. 1 billion loss, and that is just the beginning of the pain. It is cutting 90 of its capacity in may, and similarly will do Something Like that in june as well. It will get about 5 billion for the u. S. Payment program. And we have the 10 year yield at 63 basis points. We get more Economic Data this week, including initial jobless claims, but also pmis, new home sales, and so on. Those are all going to show dire readings and are not going to be really reflective of how the economy moves forward, except to suggest that we are definitely in a very thick recession. Guy lets take a look at what is happening here in europe. Meansis down, but by no down as much as it is in the United States. Pricing inntract not such difficult times, but nevertheless, do you want to take physical deliv
Morning. Guest a pleasure, thank you. Host we welcome to the conversation the reverend jim wallace, the founder of sojourners. Thank you for being with us. Happy easter. Guest happy easter to you. I always need easter, but this time more than any in a long time. Host tell us your thoughts this morning. What typically would be your Easter Sunday tradition and what are you doing on this Easter Sunday . Guest of course, easter is this proclamation, this belief, this conviction of hope over despair and life over death. Even though, in the midst of all we are going through, that easter was never a time to go back to normal. Packing churches to starve the economy, it is a Public Health recklessness. Easter is less make those new. We need now more than ever. For the first time ever, we see all over the world. We are egging the scientist. Doctors, doing the physical distancing which is necessary to save lives. Here we are. Theyre in my in the midst. That is a promise. Worshiping my family virt
In negatives, nothing changes there. The latest negative being this fight over control. The president or the governors. That is a distraction from the main event, getting back to work is now job one. Later on the program today, larry kudlow, the president s chief economic adviser, joins us. Hes on the task force. We will ask when, where and who gets back to work. Thats coming up. To the get back to work debate, it largely excludes democrat politicians, shown side by side Bernie Sanders has endorsed joe biden. But all they can agree on is contempt for the president and some bernie supporters are saying now they will not vote for joe biden. The democrats are split. What are they contributing to the get back to work debate . In my opinion, not much. The market, however, they appear to like the idea of opening up the economy. Investors looking to the other side. The dow this morning is going to be up about 400 at the opening bell. Thats a gain of, what, 1. 75 . A similar gain for the s p a
The United States Public Health service as it exists today is a product of experience extending over a period of nearly 150 years. It was originally created as a Marine Hospital service for the purpose of providing medical care to american seamen. It was established by an act of congress signed by the second president of the United States, john adams, on july 16, 1798. This service was originally supported by a tax on american merchant seamen. This was later abolished. It was collected by the collector of the customs of the treasury department. And the Marine Hospital service came under the jurisdiction of that department where it remains today. The first Marine Hospital located at norfolk, virginia. The second was built in boston, massachusetts. Some of the medical personnel were used by the union and the confederacy for the care of the sick and wounded of the military forces. It frequently happened the medical officers of the early Marine Hospital were the first position to diagnose
The reverend jim wallace. The founder of the president and founder. Thank you for being with us. Happy easter. He is their president and founder. Happy easter. Guest happy easter to you. Host tell us your thoughts this morning. What would be your typical Easter Sunday tradition and what are you doing this Easter Sunday . Guest easter is the proclamation, the conviction of despair and life over death. ,ven now in the midst of all easter was never a time to go back to normal. Churches, to start the economy, it is a Public Health letsssness but easter is make this new. The first time i ever remembered we are backing the scientists, the doctors and doing the physical distancing which is necessary to save lives. Here we are. Says where two or three are gathered together, their mi. There is a promise. Virtually anding we will probably feel closer than ever to our fellow parishioners all over the world. We are learning in the churches how to worship virtually, how to love, how to care for eac