We have two huge interviews this hour first stephen ross of related company is a Real Estate Firm of 60 billion in properties. Hell tell us why he thinks Corporate America is entering into a cost cutting spiral thats what hes doing and hes seeing it elsewhere. Power lunch starts right now welcome opini lets take a quick check on the markets. The dough is up. The s p 500 is within striking distance of an all time high amazon and netflix all flat before the session financials and Energy Stocks both up more than 2 right now as that reopening rally seems to be broadening out. Tyler. Thaunk you very much the other group out performing today is boeing and the airlines boeing, united airlines, american, jet blue, southwest all jumping higher as the reopening rally gains steam. Phil has more on the moves in those sectors. High, phil its all about optimism its not looking at the near term which is ugly and how ugly is it. Take a look at the july order and delivery numbers from boeing this is no
Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe, everybody in engel wood cliffs right now is wearing a mask everyone who is not on air it is something they are take very, very seriously too im thinking about exactly what it means when we are all trying to get back and when we are in the nasdaq. I think in the entire place, it i
Simpson unveiled their new lineup. We take a look at these new devices. There seems to be no end in sight over concerns about the coronavirus. The death toll has jumped after Hubei Province revised its death toll. Thousands have been quarantined on board in the waters off yokohama, japan and the National Energy agency warned Global Demand for oil will drop. Paul allen and i spoke with the chief Market Strategist at cross mark Global Investments on thursday. We are always watching headlines but one thing we tell our clients is we want to look through the headlines when it comes to investments. But daytoday, yes, the virus has caused volatility. We saw that a little bit. We saw the markets come back a little bit and gain about 50 of what they lost. A lot of that is because the was because ofes a case of methodology and so it included a lot of people who already have the virus. It wasnt necessarily all new cases. Originally, we had a selloff and we saw that come back throughout the day. B
Motorola unveil a that. We will take a close look at these devices ahead. There seems to be no end in sight to concerns over the coronavirus. The death toll continued to jump after the epicenter revised a method. Thousands of passengers have been quarantined on a cruise ship in yokohama. Demand dropped this quarter for the first time in more than a decade. For market reaction, paul allen and i spoke with victoria hernandez, chief Market Strategist at Global Market investment. We are watching the headline to see what is driving the market. One of the things we tell our clients is that we want to look through the headlines when it comes to investment and strategy. We want to take a longterm approach. Yes, theook day today, virus has caused volatility in the market. We saw that this morning when they reported the higher cases of virus in china. I think we have to look at it a little bit. The market came back and gained 50 what they lost. A lot of that because the increasing cases was due
Hello youre watching r. T. International im words on a lot thank you for joining us. Start with this prosecutors in sweden say theyve dropped a 9 year long rape case against wiki leaks cofounder julian a song of the evidence has weakened over time the decision will likely clear the way for the whistle blows extradition from the u. K. To the u. S. Where he faces espionage charges harvey was joined by John Mcwhorter with the latest. You know this whole saga started out did it with that with the rape allegations against us and youve been through the whole mill since then but now were back to those initial charges thats right neal exactly it was in 2010 that the swedish government filed in International Arrest warrant against songs for 2 charges one of molestation and another of rape but assad has always denied these charges hes even cooperated with the International Investigation from abroad and it was the threat of extradition to the United States if you were to have been arrested in swe