Levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on before, then the market make makes
Levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on before, then the market make makes
Is the most loyal of them all, mornings with maria live right now. Maria top story right now 2020 democrats facing off in las vegas tonight, Michael Bloomberg making debut on debate stage ahead of nevada caucuses, democratic rivals taking him to task all night over controversial statements as well as wealth, Hillary Vaughn joins us with some of the highlights, hillary, good morning to you. Mayor Michael Bloomberg finally grade fellow candidates and that gave them a chance to finally challenge him face to face. A billionaire who calls women fat broads and horsefaced lesbians and no im not talking about donald trump, im talking about Michael Bloomberg, democrats take a huge risk if we just substitute one arrogant billionaire for another. I dont think you look at donald trump and say we need someone richer in the white house. We couldnt have to choose between one candidates who wants to burn the party down and another candidate who buys the other party out. I worked very hard for it and i
Theyre all smiling, thats good. Okay. Silence from the right. [laughter] in fact, in the middle of this blizzard, i want to bring you something positive and ive got it for you, here it is. Another indication an optimism is absolutely soaring. Its the wells fargo gallop index and shows the biggest jump in yes. Small business has not been this bullish in a decade. All right. Contrast that with this, with the overwhelmingly negative political headlines that you think the world is about to end. Look at that, please. Stocks will open lower, not that much, down 50odd points, not just of the political turmoil. And were about what, 200 points from the alltime high. So, welcome, everyone. Hope you are warm and comfortable, wherever you are. We have a show for you and youve got to love it. Varney company is about to begin. Riding the storm out riding the storm out the storm out . Thats a good song. Stuart thats Reo Speedwagon im informed. You didnt know. Liz no. Stuart youre looking at new york
These are ballpark. Im sorry, well have an opportunity for members of the public to speak and i know there is incredible frustration on the issue and i appreciate that, but i want the director to answer. Thank you. Thank you very much. The part of that 247 million on homelessness, the shelter system, the hot team, the resource centers, so shelter system about 14 million. And supervisor, i will provide these accurate numbers. I think its really important. 14 million on shelter. The hot team 8 million. Resource centers are about 3 million. Eviction prevention is prevention homeless, but not focused on the streets. Its preventing that. Supportive housing is not homeless on the street. And then the rest is in the Behavioral Department dph and i dont have those numbers, but its woefully inaccurate to say to the public and to report in the press that we spend 247 million on the 3500 people on street, or the 6,000, 7,000 people identified in the Homeless Count is simply not true. Thank you. I