And companies its due to the should be and i think as a result the world is missing out high cost of living. On a lot of innovation, a lot of great products for a lot of with all of the talk about leaving the bay area i thought it might be refreshing, just nice to hear from someone who is great market opportunities. And now is the time to wake up bringing her company into the and move that arc of history bay area. Min chen is a double immigrant, toward justice again. Lets leave it there with immigrating from panama to china that optimistic thought. Charlie moore, ceo of rocket and now living in San Francisco lawyer, thanks for being with us running a data company as a ceo. This morning. Coming up next on press thanks for being with us. Here, if your company is saving so Many Companies are talking money keeping you home, maybe about leaving the bay area. Youre coming in. You should get a portion of that tell me why. Cash. When press here continues. What in the bay area has the appeal to
About confederate statues and not wanting them to come down. We are in the middle of a pandemic. Is the president more focused on preserving or celebrating the confederacy than getting the pandemic under control . Sec. Mnuchin let me just say i think the president is focused on everything. I think this issue of statues is a complicated issue. There was an operating the wall street journal from the cardinal in new york about the bible and everybody other than mary and jesus christ. I think it is a complicated issue. We need to have a balanced view of history. Reporter what about the white power video . Sec. Mnuchin we are here to talk about economics. Secretary, where is the Treasury Department on sending stimulus checks to families . Are you guys going to be doing that anytime soon . Or are you going to leave it to the court to decide whether the Treasury Department has to do it . Sec. Mnuchin i did not understand the question. Was it on stimulus checks . Reporter mixed status families
Extremely that would send an already sagging market even lower to the weekend when President Trump spoke, he was so mad that the market was able to make a comeback, now ultimately dipping just 18 points the nasdaq surging 1. 29 lets understand our idea of measured response is not chinas idea of a measured response. I think theyre going to see this as a real provocation, and theyll feel compelled to respond, which brings us to the game plan for next week. Mondays all about retaliation from china at this point, we all know how this story goes, right it always is tit for tat every time President Trump lands a blow, its met with a counter blow we have to presume china escalates things, if only to show they understand the end game, which seems like containment or isolation except this time maybe were the ones being contained. For decades we refused to recognize the peoples republic of china and our government treated them like an outlaw or the outlaw that they were. Then president nixon in
Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter was the weakest, but maybe next quarter will be the strongest. We have a number of Oil Recommendations saying they have come all the way back. So the street is really bullish. After being very bearish you see a lot of price targets that were cut severely are now going back up. Its a kind of dont fight the trend where the most overbought we have been since 2009, but if you go back to 2009, we were up 11 on the s p. We had great period after. People are fighting the tape if theyre selling. How abo
Uncomfortable, but they say they understand why people want to get out its a little more crowded. Maybe then i would like it to be but. I will just have to see. Police have warned and signs remind beachgoers to not lounge know setting up chairs umbrellas blankets or tense, youre advised to keep moving. Tony mendez drove his family down from oakley he says they needed the relief. You this covid be locked up in the house all this time. Finally we thought ok you know, and thats enough lets get out lets go to the beach was this something that something drew the ire of surfers and others who are abiding by the countys schools to be active at the beach like overcrowding actually the first time i see so many people at they should just go home and wait a little bit longer. I mean if theyre within 10 miles is fine. But i i think this is way too crowded to be at the beach. Mendez says the easing of restrictions convinced his family it was safe to go out this is phase 2 right so theyre slowly ope