Is two parts to that last night i focused on the major averages are not representative of the broader economy. Something held true today with the dow and s p losing 4. 4 and nasdaq sinking 5. 7 after the dollar skyrocketed something we warned about because the fed made it confusing how much they will keep helping the economy. The stronger dollar isnt great but the incredible v shape rally in the stock market doesnt jive with reality in a world where we still have double digit unemployment tonight, though, we need to talk about the other part of the sentence the stock market doesnt reflect Current Conditions emphasis on the word current why . The market is a forecast machine across the ball and supposed to be appearing six to nine months in the future. Maybe the economy is in rough shape. Let say they reflect next february so what are the odds the economy will be in much better condition by then because some people would say stocks are saying. Thats the key question. Tonight, i want to
Begin to resume, as many assume in june and maybe be back to something more normal by this summer, i think a v is possible, but i am worried that the outcome will be worse. It really depends to my mind on just how much damage is done during the time that the economy is shut down in the way it is now. How much damage is done joining us is bob dole, chief equity strategist. Thanks for being with us i want to get your thoughts on the potential for this recession and subsequent recovery and specifically how thats factoring into your outlook for the markets . Yeah. Im not using a u or v im using a checkmark, kind of the big decline and then a noticeable, but slower uptake than we had on the downside. As you know we shut the economy off. We turned it off its not something from the outside did it we chose in order to fight coronavirus to do that therefore, we can turn at least some of it back on it will take longer to convince people its safe to come out from under the covers when it told the
Good evening. Im larry temple. As chairman of the lbj foundation, its my true privilege to welcome all of you to this program tonight. I happen to think that the lbj library has set a pattern or is setting a pattern. Three weeks ago we had two stars on this stage; bob schieffer, moderation, in conversation with former secretary of state madeleine albright. Well, tonight weve got two more stars on this stage, john avlon and Mark Updegrove. Johnjohn avlon is a true risingr in this country in the media and journalism world. John got his start as a speech writer for Rudy Giuliani both when he was mayor of new york and later as a president ial candidate. John avlon today is the editorinchief and managing director of the daily beast, but hes way more than that. He is a very active writer in this country. Every major magazine has seen one of his pieces. Moreover, hes on television all the time. You can look at cnn, you look at msnbc, you can look at pbs, you can look at cspan, and youll see j
Without a woman. Women calling attention to womens issues including not working and buying from only women owned stores. There are rallies and marches planned for this day. Megan fitzgerald is at Freedom Plaza with one is just getting under way. Megan. Reporter guys, thats exactly right, this protest here is slowly starting to get participants here. You can see behind me not a big crowd at the moment but we are told that people are expected to gather here closer to 11 30. Thats when were told this protest is expected to start. They will then be marching to the white house. You can see a lot of signs and People Holding signs that say resist or stop the war on women, women rights are human rights. Youll recall this protest started by the organizers of the womens march on washington. Thats when over a Million People came out and demonstrated a day after the inauguration. They are asking women sol da solidarity. They are asking women to not shop. They are trying to demonstrate the Economic
By our citizens. That is the only way in which europes trade policy will regain the trust of our citizens. Thank you. [applause] , mr. Lumber. There is now a flood of blue cards in response. You may choose who will respond. You have the floor madam. Thank you. What you seem to be trying to say is that you are not alone in the resistance but i would like to remember to remind you that 27 other countries did give their agreement to trade with canada. Toould like to invite you discuss this with one of our neighbors. In wallot need that nia. In france. You seem to be suggesting i would call on you to recognize the fact that it might be a historical mistake by the commission to go with this approach. Wa;;llonia the only institution to say no . My answer to you is simple, in europe, there are two parliaments. Parliament and the frenchspeaking parliament in belgium have discussed the data. I am thinking of the French National assembly the first night. That is basically governments going over