Conference. I still dont have a time on that. All of the other news flow, minneapolis, this whole twitter flap. To me, what is extraordinary is june beckons. Nothing is more front and center for me beside the june 5 jobs report. 41 million is where we are unemployed. To me, that is the dominant crosscurrents right now. Jonathan youve picked up on this again and again over the last couple of months. 20 could be the Unemployment Rate when we get the numbers next week. We talked about next steps on fiscal policy. Ive heard little this week on that topic. Tom Henrietta Treyz was brilliant on this in the last hour. When do they help the states . What is fascinating is the federal government doesnt help the states until there is a crisis, so theyve got to wait to see four or five states say we are in a crisis, we are running out of money, do something. And then i guess it all happens over a weekend. Jonathan i think most would say it is likely that is going to happen. Some would say it is in
Consternation about the opec meeting. Jim, another day of Business Leaders addressing racial inequality whether its gorsky on squawk, moynihan, ballmer, this letter by cory barry, theyre out in force yeah. I thought that one of the themes echoed by alex gorsky is no more dodging. Look, im white, i am part of the problem because im not doing enough i think theres been a long history of people who have said im white, im older, im a ceo, i cant do anything other than have a committee and put some money at it. Theres far more soul searching this time. These are heartfelt sentiments but also sentiments that say im rolling my sleeves up. Im not going to say my heart is going out with them. The hearts going out with them doesnt work it is something that is a platitude, something that gets nothing done and when you hear it now, its code for, hey, okay, i finished that lets talk about the numbers i think that a lot of courageous actions, different tone. David, you have to admit, this is a tone
Sockof course is momentum that of course is the momentum behind this rally. Rally seems to be fading, and another interesting piece, we have the Canadian Dollar soaring against the u. S. Dollar with the oil rally. You were mentioning that everything is rallying, and that is true too for bonds. The two year yield carving out a record low and that tells you that bonds are rallying in a big way. While stocks are rallying you have investors going towards the bonds, suggesting they have their eye on the economic picture. The jobs data and nonforeign payrolls coming out tomorrow which will be devastating, not just from an economic standpoint, that from a human standpoint. The question is will we see more of a connection between stocks and the Economic Data or not . Or will we have investors look past the data towards the liquidity that the fed has been providing . Certainly a risk on day. David that is what they have been doing so far. Few mckee got to talk a minutes ago with mary daly, the
For the American People in our history. First id like to extend my thoughts and prayers to everyone who is personally affected by this coronavirus pandemic. I thank the Health Care Workers who are working long hours and risking their own health to save lives. They are performing a national service. The numbers of infected individuals and the rapidly rising death toll with staggering. If we do not follow Public Health experts advice, the totals could be truly horrifying. In new mexico we have over 100 diagnosed cases and today the first death in our state was reported, a Senior Citizens from edy county in the southeastern part of our state passed away. All americans are facing new challenges, a threat to our health, a threat to our economy. My top priority is easing this hardship and making sure new mexicans have what they need to stay healthy and to stay economically afloat. With that in mind, im rising it today to tell new mexicans relief is on the way. We relief to American Workers w
Quorum call a senator madam president. The presiding officer the senator from new mexico. Mr. Udall thank you very much, madam president. Are we in a quorum call . The presiding officer we are in a worker. Quorum call. The presiding officer we are. Mr. Udall i wish to vitiate the quorum call. The presiding officer without objection. Mr. Udall today we face a pandemic the likes of which we have not seen in over 100 years and today the Senate Must Act to pass the largest relief package for the American People in our history. First id like to extend my thoughts and prayers to everyone who is personally affected by this coronavirus pandemic. I thank the Health Care Workers who are working long hours and risking their own health to save lives. They are performing a national service. The numbers of infected individuals and the rapidly rising death toll with staggering. If we do not follow Public Health experts advice, the totals could be truly horrifying. In new mexico we have over 100 diagn