The dow up. 2 . Moves. Elping those , back above 42. The dollar index at 92. 74. Stronger sterling, stronger euro, stronger yen. Pandemic an interesting time for investors, distressed investors among them. Erik schatzker is speaking to howard marks of oaktree. Always terrific to have howard marks with us on bloomberg television. Weigh in on tenterhooks for your memos. A lot of them in march and april. Not so many as of late. You are out with another one, time for thinking. You raise a number of provocative points and questions. Them states the obvious, the Financial Markets are at the center of a titanic struggle between the pandemic on the one hand, and the government effectively on the other, recession versus the fed and treasury department. You and i have talked about this before. As recently as may, youre thinking was that the fed could not keep it up forever. Am i to divine that perhaps youre thinking has changed on that subject . No, i still dont know if they can keep it up forev
We spend our days in san francisco, i think we brought with us to new york. Had two remember, we ipos. Rocktenn company finishing the company finishing the day up 10 . As earnings out of our on out which surprised some folks. Inventory issues giving them pricing power. Shares up. You better buy that car. Caroline if only the dmv would open, then maybe i could. Ed, does it feel wobbly at the moment . There is a great story on the verge about robinhood trade happening worldwide. What does this feel like necessary given the sheer liquidity in the market . Storybinhood is an easy to focus on, and for good reason. We have a composite of about 30 indicators and it is actually in the neutral zone. There is pessimism out there and i think a lot of it has to do with the perceived disconnect. When you throw in secondary ipos, they top of are at a record high over the last three months. That is a lot of supply to come on the market. Caroline all eyes on capitol hill for that fiscal stimulus bill
The Santa Clara Police chief released a video urging citizens to follow the shelter in place order and said plenty of office patrolling the community. We have extra patrols out there. A lot of Police Officers out roming the streets, looking for people who are trying to take advantage of everybody else. We will find you. We will arrest you. We will prosecute you. The chief also reiterated to only call 911 if its a true emergency. We just learned about a grim milestone in new york where now more than thousand people have died from coronavirus. And as abc reporter rachel scott explains, the president s plans to reopen the country by easter is put on hold. President trump and his Coronavirus Task force addressing the nation sunday afternoon as the number of confirmed cases of covid19 in declaring victory before the victory is won. Therefore we will be extending our guidelines to april 30th to slow the spread. Nearly 125,000 cases claiming more than 2100 lives, including the death of an inf
Member for the president s Reelection Campaign, talk about the africanamerican vote. As always, we will take your calls and you can join the conversation on facebook and twitter. Washington journal is next. Host good morning. This is the federal holiday marking the life of dr. Martin luther king jr. Today is the National Holiday and this is a live picture of the mlk memorial in washington, d. C. After about 20 years of planning and fundraising, this memorial twoopen to the public in thousand 11. The mlk holiday became law in 1983, signed by ronald lakin reagan into law. How are Race Relations doing as we enter 2020 . Are they Getting Better . 2027488000 is your number. If you think Race Relations are getting worse, 2027488001. If you are not sure, 2027488002 is your number. You can send us a text at washington journal. The number is 2027488003. Please leave your name and the town you are calling from. You can post a comment at facebook. Com cspan or a comment at cspanwj. Usa is the fro
Another team hit by this growing scandal. Breaking overnight, a Top Executive in the Music Industry is placed on leave. The allegation of misconduct against her. Seeing into the future. The contact lenses of the future are here, but are they too futuristic . And this morning, the great bal debate. One big city mayor in hot water prompting us to ask whats the proper way to eat a bagel . Good friday morning, everyone. Thank you for joining us. We begin with the historic impeachment trial of President Trump. It is now officially underway in the senate. Just hours after Supreme Court chief Justice John Roberts swore in the senators who will decide President Trumps fate, a battle is being waged over whether any witnesses will be called. Meanwhile, a nonpartisan watch dog has come forward to say the Trump Administration broke the law by withholding military aid to ukraine. The issue at the center of the impeachment debate. Abcs Karina Mitchell is here with what happens next. Karina, good mor