Money jackie stocks are in the green as 373 million americans filed for jobless claims in the last week. Oil prices, unexpected surge in chinese exports boosting hopes that global economies are also on a path to recovery from the Coronavirus Crisis but how will wall street react when tomorrows jobs report comes out . Joining me now former dallas fed advisor Danielle Dimartino booth, bny mellon chief investment strategist alicia levine. Lets start with you. Well talk about the numbers tomorrow. The positive thing in the weekly claims, weve seen five weeks in a row where the numbers are going down but investors like that. When they get hit with the unemployment report even though theyre expecting it and see doubledigit unemployment how do you think the market will react . Look i think the market is expecting somewhere between 17 and 20 unemployment to print tomorrow. This is a little bit of a backwards look. The data stopped three weeks ago. Were reading it out on may 8th, not the first
Chinatowns across the nation, is very near and dear to me. Gentrification is a phenomena and more complex than Public Discourse would have us believe. We are in logan square in chicago where catalytic investments like the 606 rail to trails project forced residents to move because they cannot upkeep the increasing cost of housing and in other neighborhoods folks are leaving for a different reason because you havent seen investment in decades. If we as a city does learn from our mistakes we will continue to suffer from unintended consequences related to gentrification, inaccessible education, housing, displacement. So much to do and we are thrilled the conversation is resonating with a lot of people. As such tonights event will be shown by season and live tweeted using equity section, the hashtag for the metropolitan Planning Council asked metro planning. A short question and book signing so when that time occurs, sarah is going to walk around with the mic. Wait for her to get to you. I