He is telling the truth in terms of this is a very difficult situation at best. It will take a long time for the economy to recover and it is tragic for many. He keyed out the 40 of people making less than 40,000 per year losing their jobs in march. A difficult message but a truthful message. Right now the markets appear to be coming to terms with it. In the near term, support is holding. We are still stuck in a range even though it does feel risk off. It is risk off. David tech has given us a break thus far. His tech holding up again . Abigail tech was holding up, you had the faang Index Holding up. Do your point, out of the march lows, tech is up in a big way. The faang index up 20 . To the downside, the financials continue to lag. This year there down 30 . That is 10 of the market. The s p 500, to continue the rally out of the march lows, you will need to see all the sectors get on board, the banks, the industrials, and some of the cyclical sectors are lagging. One reason the banks
Actually one of the main points aside from the actual relaxation of some restrictions is what machall german chancellor said in opening sentences really saying that its fair to say by this point that the 1st phase of the pandemic is behind to germany but she did and that we are still very much in the early phases in this is very much a reiteration of this cautious stance that weve seen from merkel in recent weeks still very much aware that there could still be another wave of the coronavirus to come something which experts are still warning of and of course is a risk that comes with relaxing restrictions that have been place in place in germany for several weeks now but lets have a look at exactly what those relaxations an easing of restrictions might mean well we know now that shops nationwide can be reopened granted they have to be rather shop owners need to ensure that customers and employees are making sure that social distancing is a good to use and making sure that there is at le
A bad thing. Well of course we run the risk anyway by in relaxing restrictions as a race skull that you could increase the chance of seeing another spike in the number of current virus cases here in germany there are also new reports out that perhaps up to 10 times more people than previously thought actually currently have been as well infected by coronavirus here in germany many of them thought not to be showing symptoms so theres lots of variables still to take into consideration here and then of course you have to deal with the different states of course there is the advantage that different states can take a more targeted approach those be more worst hit perhaps they might not open their restaurants as early. As the restrictions on restaurants as early as some other states that havent been so badly hit by the coronavirus pandemic but of course then there are long term questions as well how does that affect travel around germany at the moment it is still recommended to keep travel
A fast and security that we are not careless we must be alert we must be disciplined and if i say we i mean every single one of the people here in germany and by just to make it clear i know how hard this is for many people hard it is for parents and children and i and particularly Single Parents who know me we see how hard it is for people in catering and hotels and for so many people who fear for the future of their business their shop you know their company and the fear that so many artists have about who can imagine how things can continue for them we see how the religious society is worried who want to offer more than just Online Services and we see how many believers want to share their shit with others and we see that the right too. Demonstrate to assemble a moment is something many are missing and i know that many people who are lonely feel even lonelier than they normally do in released weeks and this is why that this pandemic is demanding a great deal of all of us in this cou
Missouri, hosted this talk as part of their annual symposium. I do believe that that is my cue to head over to this ourction and give introduction for the next speaker. Beforewould like to say that, here is a little Public Service announcement, stealing person,e from another there is only one thing you can war andom the world that thing would be, dont forget to get your flu shot. Maybe it means you get to june ash enjoy even heart this evenings dinner. Im so pleased to our next speaker, dr. Nancy bristow existing list professor in history at the university of puget sound where she specializes in 20th century American History with an emphasis on race, gender and social change and serves on the Leadership Team of the race and pedagogy institute. Makingthe author of 1996 this world for it social engineering in the great war. And american pandemic, a lost worlds of the 1918 influenza she willwhos content be addressing this afternoon. You might have seen her on the american experience, most