People are in intensive care units, which is slightly down from yesterday. Governor newsom says the lower number of icu patients is a sign that social distancing is working. Also today the governor announced plans to provide vouchers and stipends for travel and shelter for frontline healthcare workers so they can stay closer to their patients, and isolated from their own families. The workers will be able to stay at nearby hotels which are offering the state deeply discounted rates. We will extend those deep discounts directly to our caregivers, and in other cases, for low income workers we will provide 100 reimbursements so that they are allowed to stay closer to their patients, and provide them the opportunity not to worry about being out of pocket or worry about exposing their ng in their car so they can stay closer to the needs in their communities. Governor newsom says so far 150 hotels have agreed to be a part of a bulk room purchasing program with the state of california. A dead
Over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and whats your reaction to now this
Erasing much of the job gains over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and wh
Hackett. On the barrons round table, ben leveson, jack howe. Ben, we saw stunningly horrible economic numbers last week, really unbelievable, but the market actually was higher on the week. What is happening . Yeah. I mean, this data was just terrible. Retail sale, industrial production, empire state manufacturing, you name it, it was probably the worst ever on record. Unemployment, the jobless claims continued to rise another 5 Million People lost their jobs. I mean, its just bad. But we knew it was going to be bad, and theres also two rays of hope out there. One was a new set of treatments that gilead is working on for covid actually might be work. We dont have all the data on it yet, but that provided a boost for stocks x. Then theres talk of reopening the economy, and thats also helped too because it signals perhaps there is a light at the end of this tunnel. Jg jon so, jack howe, i know youre looking at valuations, and as ben pointed out, there is light at the end of the tunnel, b
Erasing much of the job gains over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and wh