Welcome to the entire committee. Lets check on the markets first this hour. We have run out of steam the dow is marginally to the down side. Down about 31 points in the red. The s p 500 just about even right now. Flat on the day. Level 2798 there the russell 2000 flat as well. As you can see that steam running oult as we rallied so strongly off the lows that we saw just about one month ago lets go to our Investment Committee with the traders here and perhaps well start with you. Youre the one right next to me in this box. What exactly is happening right now. Have we run out of steam for this particular rally . Well, i dont know necessarily running out of steam is a bad condition markets, generally, when they rally significantly need a pause and that pause is generally a consolidation type of pattern in the markets. I think right now, most investors and most speculators are anticipating a rollover and the concern that identify is a lot of people are positioning for that rollover and los
116. Now the nasdaq is down 335. Another part of the problem is that its the first of the month. The rent is due for shuttered businesses both big and small across the nation. The ceo of the International Council of Shopping Centers, the landlords, is here in a fox business exclusive. We will ask are the checks coming in and if not, whats the plan . Evictions, waivers . We will find out. Plus, the unintended consequences of working and learning at home. Zoom bombing, have you heard about this . Its like a photo bomb on Video Conferences from complete strangers who are hacking and weaseling their way in. Some are funny, some are downright criminal. Coming up, the company that allows everyone to sign checks and documents remotely has all employees working at home. The ceo of docusign on balancing that challenge with its skyrocketing business and stock price, up 70 year over year. Remember last week countdown was the first to tell you how 3d systems was converting its 3d printed scuba mas
Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
European ally stocks flying high Departure Time for aig standing down after more than a decade at the top. China confirms the vice premier will travel to the u. S. To engage the preliminary trade deal as washington and beijing coordinate closely over the arrangements for the signing ceremony welcome to the program, President Trump says tensions between iran and the u. S. Are easing and are standing down after it launched multiple missiles against the target and reiterated the demand other world powers should abandon the nuclear deal with iran its worth looking at how and where looking at the map of the region here, of course, youve seen the location for these attacks in iraq on the iraqi bases that house american soldiers weve had conflict in syria in many parts of the country. Youve had hezbollah here in lebanon in large part by the forces in tehran in terms of the palestine process with strong links to the iranian government as well a few attacks on the saudi facility weve heard in t
The department of Public Health, its not quite like a restaurant, right . The potential impact could be potentially much more serious, depending on the use that it is. And so if i understand correctly, the discomfort is more about our process in reviewing the environmental consequences of permitting this and whether we have reviewed everything and we know that its okay. My only concern we dont have the expertise to understand whether a particular hood would work in a particular situation. We have to rely on the expertise of the other agencies for that, right . So i dont know its typically not a level of detail we would get into at this level of entitlement. But thats the challenge im suggesting. Thats why fairly routine for us to have, within a categorical exemption, rely on existing codes and policies, existing code language that invites and requires other agencies to be involved and their codes would kick in. I think we are getting into that level of the entitlement phase of a projec