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Sometimes we start gravelly, then we east into it. We hope you have your breakfast in hand. Will my man told me hit the Snooze Button one too many times. He is not yet to the mountain dew, the first energy drink of the day. I know this is slow morning for pete hegseth. Pete i go up to my office during one of the commercial breaks to get my mountain dew. Will i know your routine. Pete it wasnt going to happen. The alarm went off. I said not today. Here we are. Will here is it what were following several big stories. Covid19 cases spread from team to team. First the Denver Broncos in unprecedented jam after all of its quarter back are declared ineligible today for the game today with the saints. One of the quarterbacks tested positive. Pete the Baltimore Ravens have 18 players on the coach cove reserve lives. The game aga ....
South. The fires so far have killed at least three people. 64,000 have evacuated san mateo and santa cruz counties as the fire rages. Cal fire expects these fires to grow significantly. That growth is putting a big strain on resources. Ten states have contributed or pledged assistance. Hes pledged help from australia and canada. We want to take a look at the czu lightning fire, 50,000 acres and spreading, still no containmt. E un where tens of thousands of people have been evacuated. Ie know that cal fire can only give us statistics, we know that 20,000 structures are threatened, 50 destroyed, 64,000 people evacuated. Its one other thing to hear the personal stories behind those numbers. Thats what we got as we went into the evacuation zones, the air quality was downright dangerous, not as devastating as what we found there, homes burned to the grounds. We started to come back the next day on wednesday, and we were able to get a significant amount of the precious things. But for the fa ....
American enterprise institute. Can i start with the headline in the washington post, sevenday averages for new virus cases hit fresh highs in over a dozen states. Why do you think we are in this situation that we are in right now . Well, thanks for having me this morning. I think were going to have a rotating series of regional epidemics in this country. What were seeing happen is as soon as a region starts to cool down and get control over the epidemic, a new region heats up. I think were in this position because we have a lot of infection all around the country. We reopened not just early but aggressively. And so that instigated more spread. And now you have a situation where theres just so much infection that its going to get into other parts of the country. We never fully crushed the virus in any part of this country. The sunbelt is showing signs of improvement. Thats the epicenter of the u. S. Epidemic right now, states like, arizona, texas, florida, southern california. There are ....
Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action co ....