Becky is off today. Looking in the green nasdaq to open about 78 points higher and looking to open higher as well also 22 points higher. Also treasury yields youll look at the 10year note at. 681. We have a lot going on today on the data front, details come at 8 30 eastern. Breaking news overnight. The House Transportation Committee issuing the final report on the 737 max list the failures that led boeing to design and the faa to approve the software that contributed to two crashes. Around the Safety System called mcas accusing boeing of concealing the information. Including concealing the existence of mcas from its pilots boeing says it learned many hard lessons as a company from the accidents and from the mistakes we have made as this report recognizes, we have made many changes to our company. They expect to get 737 max back in the air in the Fourth Quarter. Congress is expecting legislation to review the safety reviews of new plane models. Reporting that there was no singular mista
Americans . Markets this morning are pointing to a lower opening this morning. Take a look at average with Dow Jones Industrial average down 528 points. Nasdaq lower by 78. Dow up 1,151 points. S p yesterday up 154 on wall street. Plus the president speaking with chinas xi jinping overnight. The two countries are working together closely to fight against the pandemic. Next hour eli lilly ceo will be here on drug supply chain and how dependent some companies are still on china plus dr. Oz is here on vaccines and growing concerns about children getting the virus now. Plus americas biggest music stars coming together to help raise money for victims and First Responders. The eye heart living concert presented by fox, and air live including fox business, join us for jellon john, billy eilish and many others taking part in charity event. Mornings with maria live right now. Lets check Global Markets. European leaders still unable to agree to join together to fight spread of coronavirus and Ec
They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough cash to meet spending needs one year even up to two years out. So, in an environment where you own both stocks and bonds, now is the time to start looking to your adding to your equity positions because that allocation has come down due to the obviously to this bear market. It is a pain trade for sure, but over the past six years, the opposite was equally true where we were trimming equities becaus
They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough cash to meet spending needs one year even up to two years out. So, in an environment where you own both stocks and bonds, now is the time to start looking to your adding to your equity positions because that allocation has come down due to the obviously to this bear market. It is a pain trade for sure, but over the past six years, the opposite was equally true where we were trimming equities becaus
They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough cash to meet spending needs one year even up to two years out. So, in an environment where you own both stocks and bonds, now is the time to start looking to your adding to your equity positions because that allocation has come down due to the obviously to this bear market. It is a pain trade for sure, but over the past six years, the opposite was equally true where we were trimming equities becaus