Certain Safety Measures were taken. But of course the most prominent doctor in the country these days told us to slow down. Dr. Anthony fauci told a senate panel this week that if we move too quickly towards getting back to normal, we could create even greater danger. If that occurs, there is a real risk that you will trigger an outbreak that you may not be able to control. Gerry dr. Fauci even suggested reopening schools and colleges this fall may be too soon. Apparently hes condemning millions of student ands their parents to many more months of sitting in front of computers and supervising them. Can we really take this for much longer . Already we saw that last months retail sales and factory output fell by the most ever. If the lockdown persists, we may save lives, for sure, but in the process destroy the economy with even greater damage to Americans Health in the long run are. Dr. Faucis offering a scientific but not a rounded economic view of things. You cant save the health of t
Certain Safety Measures were taken. But of course the most prominent doctor in the country these days told us to slow down. Dr. Anthony fauci told a senate panel this week that if we move too quickly towards getting back to normal, we could create even greater danger. If that occurs, there is a real risk that you will trigger an outbreak that you may not be able to control. Gerry dr. Fauci even suggested reopening schools and colleges this fall may be too soon. Apparently hes condemning millions of student ands their parents to many more months of sitting in front of computers and supervising them. Can we really take this for much longer . Already we saw that last months retail sales and factory output fell by the most ever. If the lockdown persists, we may save lives, for sure, but in the process destroy the economy with even greater damage to Americans Health in the long run are. Dr. Faucis offering a scientific but not a rounded economic view of things. You cant save the health of t
Allowed the work to resume if certain Safety Measures were taken. But of course the most prominent doctor in the country these days told us to slow down. Dr. Anthony fauci told a senate panel this week that if we move too quickly towards getting back to normal, we could create even greater danger. If that occurs, there is a real risk that you will trigger an outbreak that you may not be able to control. Gerry dr. Fauci even suggested reopening schools and colleges this fall may be too soon. Apparently hes condemning millions of student ands their parents to many more months of sitting in front of computers and supervising them. Can we really take this for much longer . Already we saw that last months retail sales and factory output fell by the most ever. If the lockdown persists, we may save lives, for sure, but in the process destroy the economy with even greater damage to Americans Health in the long run are. Dr. Faucis offering a scientific but not a rounded economic view of things.
613, s p down about 75 and nasdaq off by almost 200 on concerns about what we heard out of the white house last night. Joe mentioned those numbers. 100,000, to 240,000 americans potentially dying from this. The treasury market where yields have come down right at about 0. 619 . Some pressure as people move into treasuries as a safe haven. Andrew part of that, we talked about, so much of the money being rebalanced to some degree was propping that up that money wont be there today or the rest of the week or rest of the month because so many of the Pension Funds were there irrespective of the numbers we were hearing well put some pressure on the market in the meantime, the number of confirmed cases has reached 189,000. More than 4,000 people have died in new york city alone the latest death toll has exceeded 18,000. Maine is the latest state to issue stay at home order joining 28 other states. This morning, three out of four americans are facing some sort of lockdown due to the coronaviru
Youre seeing money coming out of the bond market. The u. S. 10 year yield up about four basis points. The dollar is down for the first day in 11. That shows some of the dollar funding stress that was present in the market may be easing a bit. All of that should support this rally, but we have to wait and see if we get that stimulus. David we are promised daily, but they are saying today it is coming in just a matter of hours. We hope that that is true. How broadbased is this on the equities side . Kailey it is pretty much across the board. Everything is green, and what is interesting is it is the most beaten up sectors leading this rally. Energy is on pace for its best day since 2008, up about 10 . Abouttocks that have lost half their value are actually leading the charge, so you are seeing some buying of those dips, where evaluations are quite suppressed at this point. David on airlines, that could be tied to the bill because theres reportedly some help from the airlines, but energy i