How fast this economy will recover. We debate that today with our Investment Committee its good to have everybody with us josh, is that what this is is this a reality check of sorts on where we truly are and how long this recovery will take hold then we have this massive count r trend rally where it was just the opposite i think that was important for the market to have that catch up in a lot of the names that have been so substantially trashed, maybe big moves to the upside. See some excitement about companies that arent based in coopertino and thats fine again, the prevailing trend, the real trend is taking hold again today. Even the stay at home stocks are rallying again it almost feels like its blue team, red team lets say blue team is where people have really made the most money and then red team makes money occasion mally when they do those counter trend trades. I do think we had a two month bubble in day trading activity i dont know if its over yet. Fie it feels like its burstin
Develop a coronavirus vaccine. One of the first human trials showing signs of potential. This is a promising, encouraging, first step. What the doctor leading that trial is telling us this morning. Demanding answers. Congressional leaders set to be briefed on intelligence that russia paid to have u. S. Troops killed. And from moscow, breaking news overnight, as the power play by Vladimir Putin could keep him in office for 16 more years. Back to work . Todays monthly jobs report smashing expectations. The u. S. Economy adding nearly 5 million jobs in june. The Unemployment Rate falling to 11 . With restaurants and businesses can it last . Wet wedding. A couple taking photos for their big day in california washed out to sea by a large wave. Inside the dramatic rescue straight ahead. Those stories, plus, batter up the boys of summer return to the field. Our firsthand look at what the teams are doing to bring back baseball. Today, thursday, july 2nd, 2020. Announcer from nbc news, this is
You cant fell it to roll over you cant get it to fetch. Somehow people imagine there is discipline to the process that the action falls clear patterns. For example, when you get a spike of infections, the average is supported to get clobbered and that is what happened friday monday new ball game nasdaq advancing 1. 20 the bulls look at the spiking number of covid cases next to the not spiking number of fatalities and figure we made Real Progress fighting this disease so buy stocks into any kind of weakness we almost got back to even on the dow because mortality rates look like they are dropping. They are buying recovery stocks, not stay at home stocks. If you believe the spike in infections isnt an issue you want to bail on the covid stocks too many states are gradually shutting down to write this off as no big deal more on the index later in the show what happened today . Lets go over key parts. First, we have a reason that can actually be time stamped to turn around the market. This
Homeless charity magazine the big issue he has introduced a bill into palm and that aims not only to limit the effects of coronavirus on future generations but to revolutionize society in the manner of climate that is 945. 00 government that suited the creation of the n. H. S. He joins me now via skype from cambridge in england thank you so much for coming back on lord john birt im going to ask you obviously given that you campaigned about the big issue the name of your magazine all your life it seems the government was able to solve the big issue overnight when it came to a pandemic does this mean that all these years it was a political decision to have homelessness in this country. It was a political decision it was a decision made in the late 19th fiftys and the 19th sixtys to instill not allowing people to be on the streets because of the laws which were cool vagrancy laws which were victorian and made it look as though you were being very hard and tough on the poorest people who e
More than 6,000 infections reported yesterday. That is the largest single day count in the state since the pandemic hit. Santa clara county is part of that reporting today, one of of the large ft increases in a county board of supervisors meeting, they had a warning about the uptick. We said before, covid19 is like a wild fire, if you tape it when its small, you can keep it under control. But once covid transmission is accelerating, its very, very difficult to contain and slow down. And i think thats what we are seeing in many parts of the country. Dr. Coty said its too early to tell what is behind the increase. With covid19 cases on the rise, hospitals across the bay area are preparing for another wave of patients in the er and the icu, abc7 News Reporter went to stan ford to learn how medical providers are getting ready. At the start of the covid19 pandemic. There was little Reliable Research and no standardized guidelines to follow for treatment. That entire month of march seems to