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That gives you a sense of the magnitude of the state of california and the magnitude of our responsibility to approach our response in a way that addresses the needs of different parts of the state of california, different regions. Accordingly, we of long talked about our approach to addressing the issues of covid19, it spread and our suppression strategies have to be from the frame, bottomup. We have talked about the fact that localism is determinative. We recognize local conditions are just inked and unique from one another and we recognize that conditions in far reaches of california and northern parts of the state are very different than in the San Francisco bay area and very different from the loss in los angeles region. And accordingly, we have afforded the ability for local Health RecordsHealth Directors working ....
Lockdown measures were in place. The Prime Minister talked about lands for reopening the uks economy at this hearing which was held by videoconference. Order, order. Welcome, Prime Minister to the first evidence session that appears on committee today. We are very grateful to you for responding so promptly to the imitation we sent at the end of last week i would like to thank the working group of members of the Committee Established by the whole committee that is helped set this up very quickly. Working group has agreed to the topics to be discussed and the chairs are here that are representing the committee today. Prime minister, last time we had a Prime Minister before this committee was 12 months ago and the committee agreed the session will focus on the < ....
That is what we saw with adp, not as bad as we initially thought. The banks talk about of canadas decision coming out as well. You could see that in the top righthand corner of your screen. Unsurprisingly, the bank of canada keeping rates on hold and the economy is starting to reopen. The bank of canada looking for more information, its a status quo decision with Interest Rates left at 25 basis points, at the bottom end of the range. They are unlikely to go any lower when we have a new governor coming in, macklin is coming in and is likely to resist negative rates. Scaling back some of the Market Operations at the bank of canada with covid19 impacts, it appears to have peaked. Interesting, could you imagine . The dollar cap is down two point 1 2. 1 . A twomonth high as what we are dealing with and also oil prices are vacillating everywhere, but the spread continues to wide ....
Take some time for public to regain confidence and adapt to the new world and start traveling, taking vacation, going to restaurants and things like that. Im glad you brought that up. Thats one thing we havent talked about was this notion that when we looked to open our businesses and i think we all in a bipartisan way, thats what we want. We have to find this balance, opening our businesses in general. Theres only going to be as successful as the Customer Confidence that is there to patronize those businesses thats not just true for the Hospitality Industry thats true for all businesses i do know that the service and retail has been hardest hit business and my understanding that some of the data ive seen over 2 of those businesses have closed permanently already how are we to address this Consumer Confidence ....
It came down, 13. 3 . The government says the resumption of Economic Activity at the end of may led to an increase, repeat, an increase of 2. 5 million new jobs. It was supposed to be a loss of eight million. Clearly a lot of people were recalled to work and went back to work. Now, to say this is a surprise is the understatement of the century. I will say this. The recovery is obviousily a lo stronger and faster than anyone thought. Back to the numbers. Dow industrials going to be up over 600 points, about 2. 5 . The s p will be up 1. 6 , 50 points to the upside. Even the nasdaq has dragged out a small gain now. A little pressure on the techs earlier but they turned around. Lot of green on the nasdaq. Its up 29 points. At the opening bell today, the dow will be roughly 8,000 points above where it was on march 23rd. Its the most explosive rally in history. And just tweet, this is a tweet just in from the president , he says he w ....