Underestimate senator mcconnell and his ability to corral maybe as many as 20 republican senators who believe that we have a vshaped recovery which of course is what President Trump has been saying. Its the senate that we look to, i think all discussions between secretary mnuchin and Speaker Pelosi have not borne fruit. One of the things i think they havent borne fruit because the republicans simply are not in favor of giving the states money. Speaker flossy wants to give many different businesses and states money because they are all strapped will this matter to that i dont think so i wish it would, i mean, in business i think it would, but not in politics. I feel, david, when i look at these numbers and i look at whats happened to the president , of course, we wish him well, i think that somehow nothing comes together in washington that you would think. Theres not a kind of a sympathetic lets get together, lets stop the war of words. It just doesnt happen like that anymore. No. There
Joining me youre making a point of whether or not we need to see a reconstitution in what we have called f. A. A. N. G. We have had a reemerging. Time to look at some of the lesser known tech names and the smaller teches that are just getting started. We have two of those on the show today. A cloud air company is up big after reporting the latest quarter, and big commerce is finding its footing after its first earnings report. If youre an investor out there and you have gotten motion sickness from teslas stock lain changes. Coming up in just a couple minutes, right thats a great point, jon this year were hearing more about some of the other names you brought up but in one way i would say these are not necessarily smaller tech investors are getting nervous even though we have seen very, very good quarters from the like of docusign and c scale. Were seeing that perhaps that dont fill these excised expectations people are starting to wonder have they run up too that is a good place to beg
Every direction. The s p saw an even bigger gain. The nasdaq up by almost 3. 6 the dow futures also up. Keeping an eye on the Treasury Department seeing how the fed news will play out there the fed news is back about 0. 6 . Sitting at 0. 612 . If you watch oil prices, which has been a big indicator of demand around the globe and what is happening, this morning, wti is up about 16 . All the way back up to 17. 49. Wow, all the way back up. 17 unbelievable lets get an update on the pandemic the number of global cases that we talk about nearing 3. 2 million. I dont know how good that enough is for anything we have more than a million in the United States. New york state cases near 300,000. I dont know of the reliability that state prisons near 7 testing positive breaking overnight, california governor plans to order all beaches and state parks to close tomorrow to avoid repeating last weekends violations hot weather, the police memo leaked to several Media Outlets yesterday. Andrew to put
Koike said she wants abe to use tokyo asas a reference for deciciding whehether to declcla state of emergency. Translator tokyo is on the brink of an explosive e increas of infections. We are trying to prevent a a situation like thahat and tryin to prevent further spread on various levels. This is done by the state. Its needed now. There are more than 2,200 confirmed cases across japan, not including 712 cases from the diamond princess cruise ship. A total of 77 people have died, including 11 from the cruise ship. One of the main concerns among officials is the coronavirus spreading through cluster infections. One such case is three University Students who returned to japan from europe on march 14th and have tested positive for the virus. They likely spread the virus to more than 30 people across at least ten prefectures by attending gatherings and traveling to their hometowns for spring break. The rising concerns are compelling Large Companies to encourage their employees to work remo
Ministry Officials Say this helps reduce the risk of inhospital infefections while allowiwing effective testing. The method has already been introduced in parts of the country. The Ministry Says japan now has capacity for up to 12,000 daily tests. It plans to increase the figure by supporting the installment of more testing equipment using the emergency economic package recently announced by the government. The ministry also aims to secure more workers to help conduct the test. For the week ending april 6, 4,000 tests a day on average were happening. Across japan overr 500 new cas werere reported on wednesday, a record high. More than 4,900 people have now tested posititive. Another 712 cases were linked to the diamond princess cruiseship which was quarantined near tokyo earlier this year. More than 110 people have died, including 11 from the ship. In france, the coronavirus death toll has topped 10,000. That makes it the fourth country to pass that mark after italy, spain and the Unit