With overwhelming debt in argentina now the pandemic is making the Economic Situation even once. And a milestone for iran but a cause for concern from the u. S. As the country launches its 1st military satellites into orbit. Now u. S. President donald trump has dismissed the possibility of a severe 2nd wave of corona virus infections in the year that during his Daily Briefing he asked the director of the u. S. Centers for Disease Control and prevention to clarify his earlier remarks that another bout of infections during the flu season could be even worse than whats being witnessed now around 840000. 00 people have been infected in the u. S. And nearly 50000. 00 have died those are the highest numbers anywhere in the wild. Well you know. We were not because we could have some leverage a groan and you could have a big blue system and if they combined your thing come together they come together its not great but we will not go through what we went through for the last 2 months getting a
Harrington is the ceo and Portfolio Management at Gilman Hill Asset management, rob sechman is one of forbes top 100 Financial Advisers and rich sapperstein is back. He, as well, a top Financial Adviser, barrons, in the top 100 there. Lets get to the board, show you where we were currently trading. Pretty much highs of the day 550 for the dow, 2. 25 , 24,646 s p 500 trying to push towards 3,000, a gain of 2. 5 today, a gain of 73 points. Nasdaq, the outperformer of the majors at 3 , and theres the russell, which is having a good day as well, with a nearly 5 gain some 61 points there dow going for its best month since 87. The question is what all of this means for the coming days, weeks, and months ahead. Joe, im going to go to you first. You look at the drivers today, i mentioned the gilead news, and that is clearly overshadowing what was a dreadful gdp number fauci now is talking about the clearcut positive effects of this remdesivir trial. Boeings calhoun, the ceo saying the thaw is
Impact of the virus. We will hear from the investor this hour. Western europe loosens restrictions and says infection rates are using. This highlights systemic weaknesses in the Global Health systems. Shery looking at markets, futures under pressure. U. S. Futures are down. 4 after the second straight week of gains. This coming at a time we are hearing from government officials in the United States the worst may he over for the coronavirus pandemic. Nikkei futures down. 4 . We are going to get march trade data for japan later in the show. Nikkei futures are already at a sixweek high. Seeing downside for oil. 4 while brent is trading at 28 a barrel. This of course after we continue to see this gloomy demand outlook when it comes to oil. President trump is slamming china yet again, suggesting beijing caused the covid19 outbreak that has killed 39,000 americans, and said there should be consequences if the country was found to be responsible. Ros krasny is on the line from washington. We
Fascinating stories that are full of courage that weve never heard about. This evening he will share from his new book escape from paris, a true story of love and resistance in wartime france which is based on official american french and german documents, history, personal memoir and as well as personal interviews. It is a thrilling wartime adventure story of american aviators rescued by fighters taken to not the and hidden under the noses of gestapo. Please join me welcoming stephen harding. No pressure there. I would like to personally thank you all for coming, i really appreciate it when people show up, and hope not to bore you. I want to give you some quick background on my stuff, people wonder how you military history. I was born and raised in Southern California long time ago and my father and all my uncles fought in world war ii in the pacific. So i grew up hearing their stories of fighting the japanese in sealing the broad ocean and Everything Else. When i was 19 i am listed i
Utx and Speaker Pelosi we have oil ceos at the white house later this afternoon and a pivotal day as this sba loan program tries to get off the ground, just an incredibly monumental challenge for the banks, government and Small Businesses that will apply im hopeful i know theres a lot of Community Banks up and running to do it theyve started. There are a lot of some very interesting smaller online banks that are ready to go well hear from Brian Moynihan from bank of america about whether theyre ready to go. Its been hard to understand i know i had to hire someone to understand it. I think that a banker can make sense of it. Theres a lot of money coming to people it would be a huge mistake for someone with two employees, three employees, to not immediately go to the bank the money is there you have to get it theyre ready with the money thats what i think. David . You disagree yeah, im here. Im here, guys were trying to establish this rhythm as to who talks in what order i know. I know w