Shellady and moodys economist john lonski. Welcome to both of you. Scott, what do you make of what is happening right now . Maybe because of stormy weather, folks expected to participate in Online Shopping more than otherwise would be the case. How do you sort of look at that . The shocking numbers, Online Shopping still has not eclipsed bricks and mortar. Depending who you read about 20, 25 . What do the malls look like when there is 50 50 . There is a still room to have Online Shopping area. I think bets, ultimately death knell at some point in time but right now it is small. We need to see 10 billion, the market would love. That would be something good to underpin we see what happened today. U. S. Economy, u. S. Consumer, the way they feel, it is a good recipe. Stuart john, youve been telling me the consumer is the key to this recovery and even when ceos, cfos, sort of dialed back expectations or not hired as many or ratcheted down their plans, the consumer had none of that. Is that
Impressed. The economy is humming, humming so much, that the dow is tumbling, down 200 points. Since recouped half that. Edward lawrence from the white house with details, some people thinking the Federal Reserve doesnt cut rates so soon. Edward . Reporter interesting job reports. 224,000 jobs created in the month of june. The Unemployment Rate ticked up 3. 7 . That is because of a good reason, more people, the amount of labor force grew. The total amount of labor force. More people are coming in off the sidelines to work there. 224,000 jobs created. Very Strong Economy. That means that 173,000 jobs over the past 12 months, each month, has been created by this economy. The president pleased. Were really unexpectedly good. Our country continues to do really well, really, really well. So were very happy about it. I think were going to, were going to be breaking records. If we had a fed that would lower Interest Rates we would be like a rocket ship. But were paying a lot of interest and i
way is another story, neil. it will be a real interesting evening. on top of all that, compared to some extent in past years they re flying blind. the big headline was the des moines register poll was supposed to come out on saturday evening. it was canceled. or compromised in some way. supporter of pete buttigieg said his name was left off one survey. they didn t put that out. that gives you an idea where things stand. either way a busy weekend for all these candidates. we were out there on the trail with them as they made the final pitch to voters whether buttigieg or the other front-runners in the race. bernie sanders, joe biden, elizabeth warren. we were at events for all three. interesting in talking to voters you of course, especially at a sanders event where there is a lot of energy from the younger voters get a sense some people are firmly in one camp but also voters we spoke to who still don t know what they re going to do tonight. take a listen. i m still m i m