I included Newmont Mining because gold is nearing 1800 an ounce. Sovereign yields are also down. The german 30 year yield falling below zero again today. Airlines and Cruise Companies make up four of the five worst performers in the s p 500. That is the flipside of the move to safety. Big will have the carriers are burning through as much as 45 million daylight, which is still very weak. The flipside is the bid for stayathome stocks. Netflix and clorox making new record highs. Netflix extending its gain to six days. 2020, even2 in though it trades at 32 times earning as opposed to credit to 20 times for Consumer Staples Everyone Needs their clorox wipes. David you can never get enough clorox. Thanks to scarlet fu. Lets talk about the big rally President Trump plant in tulsa. The rally was saturday, but he had 6000 people in an arena set up for 19,000. They thought they would have overflow. They have the reverse. Lets bring in rick davis, our political contributor at bloomberg. They rea
The protests. How the Lafayette Square crackdown is putting new scrutiny on attorney general william barr. And risky business. Hardhit new york finally starts to reopen from coronavirus lockdowns. How the u. S. Pandemic plans to keep people safe. Want to keep people safe but first, your world in 90 seconds. Completely dismantle the minneapolis police. Im not for abolishing the entire Police Department. A vetoproof majority say they plan to defund and dismantle the citys Police Department following the deaths of george floyd. Its an absurd assertion and i dont understand it. Its a very political statement to make. New york city, once the epicenter of coronavirus, is preparing for phase one of reopening. This is a moment that every new yorker can celebrate as our achievement. Tropical storm cristobal made landfall in louisiana. We do have a whole lot of flooding here. A whole lot of storm surge. Prosecutors in new york have formally requested to speak to britains Prince Andrew. The feder
North temple drive Police Arrived on scene responding to a report of a stabbing that happened inside an Apartment Police say they were approached by the man in a courtyard outside the apartments when officers arrived at one in the afternoon on sunday officers told him to drop the knife in surrender, but instead police say he lunged towards an officer resulting in that officers shooting the man was taken to hospital where he later died the 19 year olds name hasnt been released yet. The man who was stabbed by him in an apartment is a 34 yearold man who was treated at the hospital as well a persons already recovering at home. The officer involved will be placed on administrative leave his name also has not been released on the Police Departments facebook page. They rode any time deadly force is used we take it extremely seriously our thoughts are with the mans family and that Investigation Continues this monday morning. The Santa Clara County District Attorneys Office is also involved a s
Somebody suggested that the last week. Lets start with the markets. Just a remarkable year already but it is hard to believe that the last few sessions, with weve seen with this market is really nothing. It has sort of been sideways. The nasdaq of course has been on a remarkable one but even those gains have not been as large as they were initially before. I want to go to two of my favorites to get an overall assessment for what they think. This is well drip lower and violate key support points or were waiting for the right catalyst, the right spark to send us into the next leg higher. I want to bring in shah balani and che levine. Shah, it is great for the market to go sideways. Were knot accustomed to that this year. I think the reason it is sideways now, charles. The market is taking a breather in here. The trend has been clearly up. All of the days when the market has been up the volume has been great. On down days the volume slept off. That is only positive time. The reversal last
And lockdowns. Welcome, good to have you with us. You see this outbreak again across the south and the west. I guess the question is did these States Reopen too soon . If they reopened too soon its really odd because they opened in the beginning of may and throughout may very little changed and all of a sudden starting early june and accelerated in june theres a huge spike of positive tests in the states. If anything the lockdowns caused this what happened, why didnt it happen in may and not june and thats a very good question which i dont think we have the answer to right now but its also a question that the media is not really asking. Paul do you have any speculation yourself about why that is . Where are they coming from . You have seen, houston, san antonio, miamidade, Maricopa County in arizona. Alex june has been very hot in the sunbelt states, its typically hot in texas and arizona, driven people indoors and use airconditioning. There may be Real Community spread from that. Clea