Problems. To work on wall street we live in park slope in brooklyn. So you go to brooklyn and you see like 5000000. 00 apartments and one block over those like a project where its like people dont have jobs theyve been impacted badly because theres no hospitals there were fortunate that we both work in technology its very easy for us to work at home if you have a blue collar job you got to go and those are very blue collar neighborhoods. Just 2 days ago good family friend he passed away from coded he was in his sixtys and his daughter in law is position with him for i suppose she brought it home everyone got sick but with mild symptoms and he got sick you know i were in a situation where. Troll people are just kind of walking in and making sure that people are keeping their distance. We actually wanted to get out because everywhere else if you look at the trajectory chart up but not like. Right at new york it is like a hospital so we create you know what if you just get out so in the m
Because theres no hospitals there were fortunate that we both work in technology its very easy for us to work at home if you have a blue collar job you got to go and those are very blue collar neighborhoods. Just 2 days ago good family friend he passed away from kobe that he was in his sixtys and his daughter my eyes as if she was on fire i stove she brought it home everyone got sick but with mild symptoms and he got sick and died were in a situation where. There are frequently patrolled people just kind of walking back and making sure that people are keeping their distance we actually want to get out because everywhere you look at the trajectory chart on up not lighted up. Right at new york and like so we create im to you know what if you just get out so in the midst of this. Planning and talking about it you know the u. S. And china are shut down the Borders Security for hoping that if you hold windows to move back and forth and during that time we hope to go to toronto i think its m
Neighborhoods its been far more contained and the numbers are much lower than some of the poor neighborhoods its like 2 different worlds like i dont know whats going on over there talk to be honest. He said. I got married i moved to new york 10 years ago before that i was toronto thats where i grew up or since i got to new york its like this is bizarre. Disgusted. By incredible plays and you just get caught. And are probably. Used to work on wall street we live in park slope in brooklyn. So you go to brooklyn and you see like 5000000. 00 apartments and one block over those like a project where its like people dont have jobs theyve been impacted badly because theres no hospitals there were fortunate that we. Both work in technology its very easy for us to work at home although if you have a blue collar job you got a gun and those are very blue collar neighborhoods. Just 2 days ago good family friend he passed away from kobe he was in his sixtys and his daughter my eyes position was on f
2. 3 trillion gauntlet against the economic catastrophe caused by the pandemic it was remarkable move coming within seconds of the devastating news that 6. 6 million more people filed for Unemployment Insurance last week the averages were actually able to rally including the down and out stocks dow gaining 286 points s p climbing 1. 54 nasdaq advancing 7. 7 . Without powells extraordinary i was blown away extraordinary announcement, the hideous jobless claims would have pancaked the stock market. Weve gone from the strongest labor market in a half century to one of the weakest in no time flat it didnt matter to wall street because the fed is buying all kinds of distressed debt you dont see i keep saying its so important. Buying municipals. Some of those are hurting. Buy high yield Corporate Bonds thats fabulous news because those were two big pressure points in this rapidly deteriorating economy. What a difference from the old days between the 2. 2 trillion rescue package from congress
Maybe you dont care but you do care about the american economy. And boeings news impact us all. We tell you whip process then apple hitting the alltime high today, three analyst have three different takes on the same stock. Well find out who the traders believe is right all that as we begin with an earning alert on fedex not good. Fedex stock down again, missing on earnings and revenues lets get back to eric chemy at cnbc hq with more on the fedex flop. Thats right a disappointing quarter for fedex. Ceo fred smith acknowledged in the release that the fiscal 2020 is a yeerd of continued significant challenges and changes. The the company missed on top and bottom lines setting weak Global Economic cannibus, increased fedex ground costs, the loss of busy from amazon, shift to lower yielding services pb, no competitive pricing environment and late Holiday Shopping season. Looking ahead, the company reduces guidance to reflect lower than expected revenue and higher than expected expenses. F