4 00 oclock on wall street, nasdaq up 300 and s p higher by 67. Wild fires raging up the west coast this morning, several people now dead, homes destroyed and evacuations underway. Many areas bathe in orange glow of fire. Almost open for business, new York City Restaurants can allow Indoor Dining at the end of the month but there are strict rules to follow. In the next hour a Restaurant Owner and lady gagas father joe is here to talk about the state of the Restaurant Industry and whether his daughter will take a seat inside. Sky high technology, we are introducing you today to what some are calling the smartest and best drone yet, Android Industries Palmer Luckey is here 8 30 eastern with exclusive announcement and back to grid iron this morning. Fox sports is back and bringing nfl along with it. We have a preview of games to expect. Mornings with maria is live right now. European markets trading mix, the dax index is higher by 43, we are waiting the European Central banks decision out
By the platform and so you know its a 100 in the platform, but i think when you look at the hard part is a progressive platform and that is for the president and Vice President of will and grace. Progressive slate in a very heavily on the Trump Campaign is going to paint her as a liberal is already doing so a liberal San Francisco bay liberal the homelessness issue the sanctuary city issue all of those things are going to come up as it pertains to her how well she and the party deal with that. Well the freezing the Trump Administration is not paid a woman first of all in a i believe you know negative light thats the first thing so we have to recognize with who they are what they do and i believe that trust you will campaign on their record and experience and what they want to do for the country and so all the noise is going to a okay this campaign is going to be made and we know this Top Administration we look and the agenda when you look at the partnership mister biden and senator har
Together. If you think the increased interest in europe over the last six weeks of so is off the back of the e. U. Recovery fund. Details are pretty good. It means to us that europe is maturing. It is looking a lot more sophisticated. To us, this is something that can run a little further. The market is getting ahead of itself. People are saying this would d to more this is because of the pandemic. Are we going to be back to square one . Or is this Real Progress . I would say it is a little bit of both. Ultimately, this is the first up towards all the things we have been asking that was put into construction mode. Think there is a fundamental improvement. Terms of the long term in terms of a longterm, we still there were still a lot of focus on the old economy sectors, which means it is likely to struggle for a while and you have to remember demographics. The ecb looks more credible than it did a year ago. Plus, as you said, europe is managing the pandemic pretty well. By the time bein
Johnson johnson better than expected, it doesnt matter. Taiwan semi last night fantastic, doesnt matter. Apple price bump doesnt matter. When you get like that that says, let the sellers get their job done, there is some agenda here, theyre obviously not caring about news, not reacting to better retail sales or jobless claims down again. Every time that happens theres usually a great trend up someone is a seller. There is big money that wants out right now, i think a lot of people are confused about whats going on in nasdaq, amazon down 10 since the week began consequently there is no bid underneath no matter what the companies say. That will change probably midday i think its an okay day all right well see, jim obviously we talk about the market looking forward through some of the news flow and, you know, you take some of the Bank Commentary about second half growth versus first half,its not nearly as constructive and we will see whether gorman backs up what citi and wells and jpmorga
Outbreak. But white house economic adviser larry kudlow tells me hes expecting a doubledigit growth rate for both the third and fourth quarter, expect Unemployment Rate will drop below 10 by the end of the year. A whole lot of indicators, retail sales was a blowout. One after another, Housing Demand is very strong, traveling with the upward mobility index is very strong, new Business Applications very strong. Actually, business opening now, Small Business almost 80 have reopened, one way or another. Shipping, trucking i notice on some of the private sector surveys. So, yeah, i think you can see the v right now, and i think once we get into the summer months expect Third Quarter data, well probably be looking at a 20 percent growth snap pac in q3 and q4. Maria joining me now to discuss this is one of the leaders in the world of investing, gray croft founder, alan patricof. Alan, thank you for joining us. I know you do not agree with larry kudlow about a vshaped recovery, that things wil