When the adp is released for last month. Take a look, tripledigit gain right out of the gate. The s p is up 15 and the nasdaq higher by 39. The easing of lockdowns raising hopes of economic recovery and fueling markets again yesterday, s p 500 and nasdaq up 3 days in a row with dow up 267 points at 4 00 oclock on wall street yesterday. Mark zuckerberg defends leaving President Trumps posts up. Investigating the origins of the russia probe, Rod Rosenstein testifying before the senate today, he approved the third and final fisa renewal to surveil carter page. Mornings with maria is live right now. Global markets this morning with a firmer today. Take a look at indices. Cac quarante in paris 89 and as lockdowns ease up encouraging nine the euro zone meanwhile. Take a look at euro zone purchasing Managers Index up from 12 in april to 30. 5 in the month of may, thats certainly what was one of the fuels for this market rally in europe this morning. South korea announcing additional 29 billio
Lower and not showing much of a recovery. But the Market Services number, it came in below estimates. Definitely trepidation in the markets today. In the u. S. Economy in particular. That being said, not that much of a selloff today. More like a pause. If you take a look at the bloomberg, sectors on the move. Materials are performing the best. Tech arere and weighing down the major averages the most. In terms of the commodities, i wanted to take a look at natural gas and oil. Natural gas has been in focus. It is trading at a 17 year low. We did have a brief turnaround after the report, it showed a drawdown in gas inventories but once again, it did turn lower. Oil prices had a Similar Movement to natural gas. We size come down and now, it looks like little change on the energy front. Even as Energy Shares continue to show gains. Commodity with a killer breakout is gold. We actually are calling for a historic breakout in the market according to that nugents agency to that news agency. Ba
Story. The democrats are concluding on the wrong side of this. Here we are in the biggest oil and gas revolution in the history of the world and we are talking about windmills. Republicans have to talk about pipelines. They have to talk about something you talked a lot about which is overturning the ban on the export of american oil and gas. One other thing larry they have to take on the radical greens in this country that are antigrowth antidevelopment and antiprogress. If you do those things this can drive a real expansion. I was thinking the guy who is weakened over the decline in oil prices is close to a nervous breakdown right now. Its flat and mayor putin. There are a lot of scholars here so correct me if im wrong. Im not a foreignpolicy guy but if Vladimir Putin goes down with that not be a good thing for america . Correct me if im wrong. Its very naive about these things. Isis gets 5 million a day from petrodollars. We can define their enemies. I know they want market share. Ni
The most important form of job creation of startups what is going on . Thanks to the heritage addition i appreciated. I think when Highschool Students 100 years from now garner about economics there will hear about John Maynard Keynes and art laugher absent a. And then to go into permanent decline. I read a lot about what is going on. I use google and facebook did were doing great. With web applications. Looking at the numbers of a steady erosion of the startup the past 30 years. With big box Retailing Stores that is not so good for momandpop but it is for consumers. They get paid higher wages in than people get less expensive goods. That could explain part of it. To see a decline not only of startups with the hightech startups overall which was the Fastest Growing Business Consultants call a fast growing firm. That is worrisome because not only do they create a lot of jobs but innovation whole over the past 20 years the startups have the important function with Big Companies. You can
Power that it already is. The the soft power, its position on north korea will be significant. I understand why china takes the position it takes now because it still serves a purpose in terms of a strategic a strategic buffer, but i think the longer china continues to be a patron of this road state that has been determined by the United Nations as a country that commits crimes against humanity, that turns a blind eye to the nonproliferation regime, it is going to be a huge burden on china increasingly. I believe in the mid to longterm perspective, the sooner china is able to shut this headache the sooner china will become a leader that we will are in its respect, and certainly from south korea. Professor moon. Yes, a pressing priority for all of us. Very shortterm thinking on my part, which is lunch. [laughter] thank you again. Lets give a big hand to our prestigious speakers. [applauding] [inaudible conversations] q a is ten years old, and to mark a decade of compelling conversations