Than 2 , that would be breaking the streak again today. We are seeing Dollar Strength continued to climb and crude is up 3. 5 on news we expect saudi arabia and russia to try to get together to figure out how to cut back some of that supply. Flipping up the board, i wanted to take a look at the residential market, in particular rates we have been looking at. Ellington Residential Mortgage rate is one i am looking at. It is up 50 verso. It is having its biggest intraday gain ever. It did provide updates on its portfolio and business operations, which is giving investors a relief. They did come out and say they have met all of their margin calls. They lowered they lowered their leverage position to a strong liquidity position. There is a lot of focus on the commercial mortgage and the residential market, how this would fare. Today people are less concerned about the health of the mortgage market. David . News. I like good to what extent is some of the lift we are seeing inequities Short
Stimulus package. Well get reaction from republican senator Marsha Blackburn in 25 minutes. We have a jampacked show for you on making monday nip. Making money. Charles stocks soaring right now in hopes that the coronavirus outbreak is nearing a peak in the United States which could mean a sooner return to work with means the economy comes back on. The Bernie Sanders news suspending his campaign doesnt hurt either. We saw markets gains erased right into the close. Looking under the hood of yesterdays session, there were a lot more winners than losers. Much smaller stocks at new 52week lows and much more volume in the stocks up than the stocks down. So the question here is really with quality rather with leadership on these up days, the roll of technology as the market tries to regain the equalibrium to eventually move higher. I want to bring in two of my favorite market guests on all of this, gary kaltbaum, kaltbaum Capital Management president , also fox business contributor and Herit
Near its session highs, ending the day with 1 moves in either direction. It looks like some of those could be coming back. We also had crude and oil markets rally and despite concerns that demand was off about 70 . Crude is up 1. 6 . As we know, the fte Energy Consultants have said that it could fall 8 Million Barrels a day in 2020. Cuts. S coming on supply the highyield market, as you can see we are up 2 or so. Strategists say the fed may be buying double b rated bonds. That would be in the junk category. We are seeing some of the highyield markets catch a bid. Now for deep analysis into the markets, joining me from los angeles on the phone is the Portfolio Manager of Causeway Capital management, which oversees a 37 billion. Sarah ketterer is the former morningstar manager of the year. On that note, it is great to have you. There have been many comparisons between 2020 relative to the financial crisis of 2008. You noted in 2008, a lot of the cyclicals over leaving us out of the bottom
And appreciate the great assistance from the governors and the people within the states. The relationships have been really good. I spoke with Governor Cuomo and were are working very hard to get additional things to new york as quickly as possible. As you know, we took care of the hospital including personnel. 2500 beds that we built just recently at javits including personnel and we opened it up to covid and it is something that we also did in louisiana and we are doing it in dallas. We have a lot of not only hospitals being built but now we are manning the hospitals because states in many cases are unable to get additional people to work. It is just an incredible situation. There has never been anything like this. One of the most important issues that linked this pandemic is coordinating the delivery of crucial supplies throughout the nation based on the most Accurate Information available. We have the best health care and disaster experts anywhere in the world. And everyone will te
Host you talked about the pplegoogle partnership. What are the legal hurdles for companies doing this and the constitutional issues . [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2020] hi, everybody. Thank you all for being here and i know we have members of the press joining us on the phone as well. First of all, let me just say that we all are praying for the families who have lost people because of the virus. We thank all americans for all of the sacrifices that youre making, that were all making, and the sacrifices that you will make. We would like to be in a position where we can say that the road out of this is going to be easy or going to be fast. But it wont be. It wont be over tomorrow. Its going to be difficult and its going to be hard. But we will make it through because we are americans. Ms. Cheney we are a great nation, were the gr