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Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it ....
This for bloomberg on the economy. I am going to lose the introductions this morning and get right to the moment. Weve got great markets. Yields higher, dow futures up 300, etc. No one is focused on anything but an update on this grim labor economy. Jonathan how quickly can this labor market hell is the question we ask every single month now, and we will ask it continually through the morning . Maybe we getting median estimate , maybe it comes outside of that. But the question hasnt changed. It is how quickly we will heal after a big downturn in a very short space of time. Tom a lot of opinions on that, and of course, as i was just mentioning, across the 10 of the american demographic, it will be a different rate of change for the haves and the havenots. And, what is so important, you nailed this a number of weeks ago, is the damage to the broad middle class. We are focused on the elites at bloomberg, and we are focused on maybe the people that service the elites, but it is a broad swa ....
To children. As they keep growing theyre wearing bigger clothes and im doing something i rarely do and im buying online. This is from my 11. 5yearold wearing man size socks now. I have ordered socks and pajamas and shorts all online. Typically you have to adjust. Michael, ill start with you. Are you changing your Shopping Habits and noticing time marchs on even though some aspects of life have slowed dramatically. They were buying more for the children and becoming simplified and obviously, theres needs growing. I think within that, we realized now that were home and organizing stuff we realized we have a lot of stuff. We have a lot of stuff. Theres an attack of trying to get rid of stuff. Just wait until the pandemic is over. Theres going to be a lot of people donating to places Like Salvation Army and good will. Youll see it. Just wait. Yeah, all right. Lets get right ....
The white house. Whats happened to the world and to our country with all of the death. We are going to build our economy back bigger than ever, but with all of that death you could never replace whats taken. Its very sad for a lot of families, you know, so horribly hit and so unnecessary. They could have stopped it. They could have stopped anytime china where it came from. But didnt happen that way. Maria i want to ask you about china, ill get to that. But lets talk about the reopening of america right now. About half of the states have begun this process. Right. Maria is it too soon . There are some calls out there that theyre talking about a relapse in the fall. Is it too soon . So i want them to open when they can, when they want. The governors are opening them. Most of them are either opened or opening or considering it. I think that we have to get back to work. We have to get our country back. We have to take it back. It was artificially closed. I think were doing incredibly well ....