Would be the, quote, toughest decision that he will ever make. And thats coming from a guy who once had to fire meatloaf. It couldnt have been easy for trump to fire a guy named after food during a Coronavirus Task force press briefing on friday, President Trump said that he was already thinking about dates for reopening the country from the coronavirus lockdown, but added that he would defer to experts experts . Or as most people call them, pillow salesmen. Trump administration is reportedly expecting and planning on reopening the country on may 1st, as in the coronavirus will eventually die out, but you may first alex bays wrote that cheeryouupper. According to reports, President Trump threatened to veto the 2 trillion coronavirus economic package if it bailed out the Postal Service oh, my god, would you just, i dont know, put him on a stamp or something tell him its for the Postal Services ode to hotties oh, yeah, no, in that case give them whatever they need. Who else got a stamp a
Up 40. Tures dow futures well out over 400. Andrew sheetz of Morgan Stanley joining us imminently on this program. There are always things that preoccupy the minds of economists and things that Market Participants focus on. , the Market Participants looking at the continued positive Forward Momentum of. Forward momentum. Lisa i thought you were going to say that they were looking at the money printing banks. In china, seeing one of the best trading days and more than a year. In the states, very big focus on the virus, on the progression in the reopening. We are getting phase three in new york today, without indoor restaurant dining. That said, you can get your manicure, pedicure, and massage done, tom. Nine 45, we get a read on u. S. Service is that he for the month june. At 1 00 p. M. At the berkeley at the brookings institute, holding at event on how deep will the recession be. Goldman sachs downgrading think the expectation for u. S. Growth this year. Looking forward to catching up
Hong kong are extraordinary, and the Prime Minister says he will take many citizens into the united kingdom. Is that right . Than 3absolutely, more million potentially hong kong citizens are being allowed citizenship in the united kingdom. Extraordinary developments in hong kong. Not a lot of clarity and it is difficult to see where the risks actually lie. Whether it is easy to abuse or difficult to apply. Tom i agree with you, strongly. I think there has been an getting totion of their friday morning, of getting into the weekend and the experience of each and every day. Our team in hong kong is working on that. Working on that 24 7. Now with our continued reports, our first word news, in new york city, here is ritika gupta. Ritika for the first time, u. S. Daily coronavirus cases rose above 50,000. There were increases in big states including texas, florida and california. California halted more reopenings as did new york city. Becoming is increasingly a disease of the young. Todays m
It is a complete and total me, you andonly to lisa. It is a mystery to lawrence kudlow. Jonathan catching up with larry kudlow at 10 00 a. M. Eastern from the white house. The median is a little north of 3 million. The range is absolutely rock will. Be high absolutely remarkable. The high is 9 million, the low is 500,000. Lisa then there is a question of what it means with respect to the weeks after the data comes in, in which case we saw these close downs continue throughout the nation in the face of an escalating pandemic. 8 30, we get the initial jobless claims, as well as the jobs report. Very interested in what larry kudlow has to say with you at 10 00 a. M. Do not miss it on bloomberg television. He will give the party line from the white house and how to deal with the pandemic and the economic crisis, not different things. First30, we get the Public Comments from president this week. He will give a discussion at the white house at the spirit of america showcase. Very interesting
Absolutely fascinating about the complete over that mystery starts with the job report on thursday. Did you know it is a holiday shortened work, having shortened work week, having to do with the freedom of the colonies . Jonathan you will have to explain that one to me. It must have been a class i may have missed. We are looking at the direction of the coverage, arguably still positive. The pace of the recovery is what is being questioned at the moment. Lisa tom was right to bring up the jobs report. Report a daybs early for the mother to for the month of june ritika interesting for them of the june. Interesting to see if people think the fed is reaching. We have jay powell testifying tomorrow before the House Financial Services committee. On wednesday, it will be the feds june Meeting Minutes come out. Joblessday, theres claims. This is lagging at at this point, but it might give some insight into just how many jobs are coming back at a time of pain. Jonathan and no one knows. The ran