Good morning to you. Start dialing in. The New York Times that this story posted yesterday online, coronavirus cases spike across sun belt as economy lurches into motion. Arizona, texas, florida, reporting the highest case numbers yet as Assembly Coronavirus cases were climbing in 22 states amid reopening. New York Governor Andrew Cuomo yesterday democrat held a News Conference and he warned bars and restaurants of the consequences of not following state law on social distancing, masks and other guidelines. Were getting reports from all across the state that there are large gatherings, social distancing is being violated, people are not Wearing Masks. We have gotten 25,000 complaints to the state of businesses that are in violation of the reopening plan. 25,000 complaints. We have never received more complaints in a shorter period of time. P 25,000. Just think about that. Whats alarming about the 25,000 is the volume, but it also shows how smart people are and how offended people are t
Now President Trump calling out president xi. I will get reaction from florida senator rick scott coming up. All that and so much more on making money. Charles the market, indices are edging lower but off the lows, off the highs. It is really nasdaq reacted most harshly from news. China will impose sweeping National Security laws in hong kong. Now resilience has been the hallmark of this market since we hit the march lows this has been a bifurcated market. The winners are up big while mass of stocks are down. Making money is harder when this happens. I want to see what happens with the big investment dilemma. Were talking about chasing winners right now if you want to ride the wave or positioning yourselves with beaten down names out of favor at the moment. Lets bring in keith fitzgerald, principal finance and Rebecca Walser of walser wealth management. Rebecca, let me start with you. I dont think people realize only 114 stocks are up on the s p 500. The average gain is 13 . If you too
The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. On bbc news. For viewers in the u. K. And around the world. The u. K. Prime ministers top aide, Dominic Cummings, insists he will not resign and defends driving hundreds of kilometers during the height of the lockdown. I have offered to resign. Anchor President Trump commemorates fallen veterans in the usa, but he has been criticized for his behavior over the weekend. U. K. Government s announced it begin to reopen venues in june as lon as efforts to contain coronavirus continue. And spain said it will lift its orders, lifting the two week coronavirus criteria denying foreign travelers on july 1. Welcome to the program, good to have you with us. If you are here in the u. K. , there is one story everyone has been talking about all weekend. Thats Boris Johnsons chief aide, Dominic Cummings, taking a 4
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
Its political. Everything is political nowadays, right . It is so easy to say, thats just political. That was the fear. If new yorkers did that, governmentally, they had no ability to enforce 19 billion homes. Staying in their that is why the communication was so important. Give them the facts, give them the facts, give them the facts so they understand why. That worked. The second nightmare was what if the central workers dont show ssentiale e workers dont show up . Someone has to pick up the garbage, the hospitals halfs to run have to run. What if the e central workers said im not going to show up . You communicated so effectively, the fear of the virus, that would be and then the essential workers say if everyone is staying home, im staying home too. It could have happened. I went through the hiv virus, when hiv started. People were petrified. Nobody knew what it was. Nobody knew how it lived, how it was transferred, how long it lived. People were petrified. Nobody wanted to go near