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A bipartisan letter urging for delay in implementation. Every entity both banks and nonbanks which were not included in the cares act on the same footing can conduct the study with real life se narp owe that we had going today. Given the actions by congress, should we delay as i and my colleagues have called for and should the treasury examine the real life scenario we have gone through when kwuki inconducted study. I think that should be considered we are working on the study. The president issued an executive order with regards to each agenc looking at the rules, regulations that were waived, declined or whatever if they dont work now, why should we continue them down the road when we get out of this mess i assume everybody is doing that this accounting principle would fall in that area of we need to be looking at this as something down the road. I would agree thank you appreciate that. Theres a time and place for rules and regulations and a time and place that are nonfunctioning whe ....
Green. Were currently holding onto some gains despite the miserable number out of adp, 20. 2 million jobs lost in april looking at commentary from disney and gm on various stages of reopening in shanghai, here in north america and the nasdaq continues to confound some of the bears as it is less than 1 from going positive for the year. Its actually pretty incredible and speaks to how defensive those megacap tech names have been viewed to be by investors in the market and for good reasoning looking at what weve seen so far where earnings are concerned. The other thing to keep an eye on is crude prices after five Straight Days of gains you have futures up 28 for the month of may so far. Those coming up because of the u. S. Private payroll numbers, that 20 million plus drop in april, which was not unexpected but still obviously so painful, especially when you put it in context of being the worse jobless in the history of the adp report ....
Lets start with japan. Live for us in tokyo. Just a touch higher after closing thursday. 8 on news that Congress Reached a deal. Janes limited, the currency has been moving in a bit of a range. Rarely any move in bonds and a muted stock reaction. Limiting Downside Pressure on prices and strategists say that jg be yields will probably remain jgb yields will remain. This is a concern shared by many in asia, ahead of the Development Bank speaking yesterday saying that u. S. Politicians need to be aware of the Global Impact of their actions. It is dominated by so much [indiscernible] it is a kind of very serious issue for the world. We should continue to have a responsible attitude whether it is Economic Issues< ....