Other sectors stepping it up. David that is what i am interested in this week is the u. S. Treasury issuance. We will have to borrow a lot more money. What you think that will do to the treasury market . Abigail today does not having much of an effect. Last week there was a big selloff. On the corporate side, there has also been a ton of issuance. It seems as if the markets are absorbing that supply. Lets see whether that continues. Certainly helping today, one sector that is doing quite well, the Health Care Sector outperforming, especially biotech. Cardinal health put up a good quarter, that has to do with druggist to big drug distributor, the fact they saw their sales boosted by covid19. Weve been talking about the gilead virus drug. It is a pitch scratcher it is a headed scratcher on that one. It lessens the time. It is not a game changer for the economy. A little bit of a popping. We will certainly be watching that debt issuance. That could help to break the tugofwar weve been see
Our lines are open. Host in the eastern or central time zone. In the mountain and pacific time zone, 202 7488001. Thank you for being with us. Numbers with the courtesy of Johns Hopkins university. More than 3. 1 million confirmed cases. Regions, the and death toll around the world in of 227,000. More than one million cases in the u. S. Joining us from boston is the president of of the anxiety and Depression Association of america and Program Director for the Community Psychology at Community Psychology at harvard medical center. Thank you for being with us. Guest thank you for having me. Host let me begin with information courtesy of the Kaiser Family foundation that puts this into perspective. Nearly 40 of americans have either lost a job or income as a result of covid19. 45 said the stress is affecting their Mental Health. One in five says it has a major negative impact. On the psyche of the average american, the mental healt of the average american, what does this mean . Guest we a
And that now goes to President Trump for his signature. To all of the healthcare care workers working to bring solace and administer to the needs of people who need their help, to the families who have lost a loved one. We want to send a message to them that our hearts are full of love, americas hearts are full of love with them and we are all a family. Like many families, we have our differences, but we also know what is important to us. Americas families are important for us, so we are so pleased today to be able to have passed on the floor practically unanimously, thes this important bill, cares, and we want to demonstrate that we do care for the american people. We are honored to have the distinguished republican leader of the house with us today, i was honored to work with him in a bipartisan way as we went along. Again, having our disagreements but also, knowing our purpose. With that, i want to yield to distinguished democratic leader youxcuse me, he is calling the majority lead
, guy . S going on Europe Vincent we are seeing stocks guy we are seeing stocks turning around. Makes you wonder how bad they whisper number must have been for everybody to react positively to a 3. 2 number. Stoxx 600 in positive territory. Travel stocks leading the move. The big move in many ways has come from the ecb, announcing , theetails of its pepp pandemic emergency purchase program, which is it is using to buy bonds. It is basically tearing up all of the old rules that use to apply to ecb emergency purchases. As a result, we are seeing a big move on the italian 10 year, and massive move on the spanish tenure. Downw the bank of england today, and some really interesting comments out of the bank of england. Brent crude a little softer today, 27. 13. What a week it has been for stocks. There does seem to be much more positive sentiment towards the equity market. The question is how long can it last. Guy exactly. Vonnie exactly. Those jobless claims did serve four times the previou
White house news. Hillary vaughn on capitol hill. We start with you, hillary. Reporter House Speaker nancy pelosi says she basically had to do jujitsu to shape the senate bill into something her members could stomach. She spent the past few days while the bill was delayed in the senate pushing to make the focus workers first instead of corporations first but House Minority leader Kevin Mccarthy is criticizing pelosi for this delay saying while this bill was held up in the senate for several days while they were back channeling to pelosi, trying to work out a deal with the white house, several, hundreds of people around the country were wondering when they would get muchneeded relief and some of the relief is in the form of cash paid directly to americans who need it most. Anyone making under 75,000 get as onetime payment of 1200. For couples making less than one 50,000, they get 2400 in a payment. Americans waiting for money still have to wait on the house to pass this bill. One way or