Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mixed messages. President trump says georgia is reopening too soon. He says he strongly disagrees with georgias decision. However, he will still leave it up to the states. Heres a positive. The Field Hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. Lets get to the markets. First im dealing with oil. Look at this. Moving back up again in price. 16. 71 is the production price right now, but production is being scaled back very very sharply. Sup
Its at there. You think the job was easy. There was a 10 degree spread. Some said 66 to 76 so i plight the difference. Either way they are above average again on this friday. Here it is now a busy day yesterday. Lets hope today is friday light for you, my friend. I hope he so, steve. We do have traffic this is off to a decent start. If you are driving on 580 west pound coming in through the tracy triangle, and getting out to livermore and dublin, it looks pretty good. Theres been no major issues driving theres construction work here and there. Its not causing a major delay on 880 or at the bay bridge toll plaza. 401 lets go back to the desk. Thanks. Topping the news this morning a woman is in serious condition at uc medical sent they are morning in a case Health Experts are calling a turning point in the coronavirus crisis. Doctors dont know how the Solano County woman was exposed to the virus. She has not traveled to any of the countries hit hard by the outbreak or come in contact wit
Know about that tonight plus 2. Problem sets itself on a collision course with the e. U. After a 3rd of the countrys declared itself to be an l g b t free zone. By their pretty to talk about tonight the life martin to nationals world to central moscow its kevin 0 in here thanks taking the time to watch him here for the next half hour with our latest for you starting with the news on the stand Afghan Police say that at least 3 people have been killed earlier and 11 others wounded in an explosion at a football stadium in the Eastern Province of cost no 1. 00 has claimed responsibility for the attack as of yet but earlier on monday worth bearing in mind the taliban said it would resume operations against the countrys Security Forces after president gani refused to commit fully to the terms of that very recent peace deal between the u. S. And the islamist group. The reduction in violence has ended now and operations will continue as normal as part of the us taliban agreement or mujahideen
The latest happening in china. Meanwhile President Trump is in india this morning, speaking at a rally with indian Prime Minister narendra modi, hes headed to taj mahal as we speak. Bernie sanders with clear victory in nevada but having trouble on how to pay for big plans, battle for the white house moving onto South Carolina. Verdict in Harvey Weinstein case, mornings with maria is live right now. Maria top story this morning market selloff, take a look at futures, down 818 points as fears about coronavirus rise across the world. The number of cases is jumping across the world. I want you to look at this map, bahrain 31st country, 79,000 cases across the world. The death toll is spiking at 2600. I spoke with white house trade adviser Peter Navarro on sunday morning futures of impact of coronavirus. I want to ask you about what the u. S. Is relying on from china because i know that they more plenty of ships that were supposed to be carrying medical equipment, medical supplies, componen
Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were on our way. If you look at the exponential trends, a curve increasing at an increasing rate that characterized the 1920s bull market. It characterized the 1990s this one has been more linear and it doesnt have the upward sloping curve since the 2009 low. So i find it hard to believe that weve seen the top because we have not entered that parabolic move how would you know when were close . Well, youll see the parabolic move that will be the first thing euphoria, a lot less doubt in the market i h