Brad wenthrup. Your reaction to this seemingly good news. We are not out of the woods, but it seems like its good news. You want to see the numbers go down. The goal all along was to beat the models. You saw the models happen in other countries where it went right up, very high. We were trying to stay under that and keep our Healthcare System in check and not overrun. This is good news because thats what we have been after all along. Starting to see the trend go down. Liz will be do you think the United States has answered the wakeup call . You saw the warnings about pandemic. Now the president is saying one of the toughest decisions of his life is reopening the country possibly on may. Americans may wake up to a brandnew world of having to wear masks, and maybe tests for coronavirus. New apps on their iphones and phones to track them if they are near somebody who has coronavirus. Do you think congress has answered the wakeup call that has been ringing for years. We are in an able of a
Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. Thanks for having me. David the administration is already looking ahead about how to fire up the economy once we emerge from our shelters. How precisely do they do it, who makes it and who does it as we try to fire up this economy again . You know, its a great question, and Vice President pence is obviously leading that effort. Looking at the commentary there, it seems to be driven by health officialses and their determination, obviously, those are the experts. When i think about that and startin
Announced that the spread of the virus might be reaching an apex, and were getting close to that flattening of the curve. Positive messages about the outbreak were welcome news on wall street, helping to send stocks soaring on monday, and by wednesday the s p 500ed had joined the dow in exiting the bear market it fell into on march 12th. Its now up 25 from its low point just a little more than two weeks ago. More gains came as the fed stepped up its efforts. Meanwhile, the irs was moving to send direct payments to individuals, and billions of federal dollars to help Small Businesses stay afloat were being sent to banks for loans that could eventually be forgiven although problems caused a bottleneck in getting the cash out. Still, the grim news about the economy continues unabated as another 6. 6 million filed firsttime jobless claims this week. Meanwhile, theres a growing push by the president and others to start allowing businesses that have been shut down because of the coronavirus
You used the nword. If this tape wasnt leaked, do you think youd be using that word today . But the scandal that could have broken him actually redefined him. I made a whole switch from, you know, being negative that is id work hard. Im in check with myself. Im happy, brother. Harvey hulk hogan, a life of the highest highs and the lowest lows. Oh, my gosh. It is so good to see you. Hey, my brother. Usually i see you in golds gym. Thats true, in los angeles. Well, were far, far away. Have a seat. Well, thank you for coming. So, um, i want to spend some time going through your life. But i want to do it with things you chose to keep over the years that are important to you and help define who you are. So im looking at that. What is it . My dad worked construction his whole life. Right. He dug ditches. He put the big storm drainage in the roads. This was in florida. And when i was about five or six years old, my memory is having this little gas truck. It was pink. harvey why save that .
Over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and whats your reaction to now this