The medical team decided to use hydroxy to require you to do this if i hadnt taken the test i wouldnt know how to come to turned out to be positive. Up with you. Also coming up tonight the new security law in hong kong what does it mean for free speech online and what about social Media Companies can they adapt or will they have to pick up and lead. Like it will. Even the same. Tracks well as to continue to receive funding we have to somehow. Their worst scenario than remain also to move to. Other countries. And to our viewers. Yes in the United States and all around the world welcome we begin the day with the coronavirus and president ial powers today u. S. President donald trump notified members of congress that he is withdrawing the country from the World Health Organization with the number of new corona virus infections soaring in the u. S. And with hospitals filling up taking the u. S. Out of the w. H. O. May appear self defeating but it is in line with trumps attempts to deflect
Council or Foreign Relations since 2003. Today were here convenes to listen to Richard Haass the prolific author and academic who just came out with yet another book entitled not very ambushesly as he said, slightly ambushesly the world, a brief history in 300 pages. He calls it a little bit of a departure from his previous books. I want to start because it was only after you turned in the manuscript that the world was confront by the covid19 pandemic, and in the roughly two months since that happened, this crisis has highlighted so many of the themes and concepts you tackle in the book. So i wanted to just ask you outright, what does the pandemic tell us about the world right now . Well, thank you, juju, thank you for doing this. Thanks always to everybody on the call. Hope everybody is well and safe as we all get through this one day at a time or as ive said, one groundhog day at a time. What i think the pandemic tells us first and for most is that the world matters. Thats perhaps an
Medical team decided to use hydroxybutyrate when do you measure this if i hadnt taken the test i wouldnt know how to search and it turned out to be positive. It up with you. Also coming up tonight the new security law in hong kong what does it mean for free speech online and what about social Media Companies can they adapt or will they have to pick up and leave why the shore like it will. Even save. If we continue to receive funding we have to somehow. Their worst scenario than remain also to move to. Other countries. And to our viewers on p. Yes in the United States and all around the world welcome we begin the day with the coronavirus and president ial powers today u. S. President donald trump notified members of congress that he is withdrawing the country from the World Health Organization with the number of new corona virus infections soaring in the u. S. And with hospitals filling up taking the u. S. Out of the w. H. O. May appear self defeating but it is in line with trumps attem
Way to the indian border. Theres tangible issues. No question they are flexing their muscle right now. What i would notice in this market on a quiet wednesday, i know you will do the data check here. Publishing moments ago this bullish consumer view, and that was a game changer yesterday with the retail sales report. Jonathan we will catch up on the geopolitics a little later in the hour. Equity futures up 19 on the s p 500, focusing a move higher over the last several weeks, up by 0. 6 . Just surprise after positive surprise. The economic surprise index in the United States is absolutely flying. And it is at a record high searching higher after yesterdays retail sales beat. It was just an absolute trout. Today absolute trounce. Today i am going to be watching the u. S. May building and housing permits starts to get a taste of what we may expect. U. S. Loan purchase applications hit an 11 year high last week, so that should be some sort of indicator. 12 00 p. M. , fed chair jay powellc
Late january, early february when the virus was raging in china. Investors and traders in the u. S. , and we have spikes in certain parts of the u. S. It is not clear what that will bring for the rest of the country. Traders looking past any negative possibility. However, from across asset class standpoint, that is not the case. The haven yen is a quite a rally over the last two weeks, more than two weeks, the haven yen up more than 3 , quite a run when you have investors seeking safety in that way. It tells you they are treading water where there is an actual hedge for some sort of risk off ahead. Itll be interesting to see whether the broader indexes, the sideways range we have seen of last couple of weeks, whether it breaks to the upside following the nasdaq or the nasdaq follows stocks down. There seems to be overall optimism driven by the fed. Not a lot changing fundamentally accept the virus data and the uncertain the around that. David dont fight the fed. Thank you so much abiga