Disaster. Monetary policy works through emulating aggregate demand and that is important now. Ultimately, there is a job to replace lost income. Our congress stepped in and there has not been a faster or stronger response from congress to an economic emergency since the great depression. The cares act and other laws have been passed to more than offset lost income in the aggregate. There will be people for whom that is not true. You see high levels of savings on the Balance Sheets of households. Not experienced the downward cases we were worried about of mass insolvencies of businesses so far. So far, so good, i would say. There are no full recoveries without confidence. Do, which ipart to think we have done. The path forward will be challenging for a number of reasons, and i am sure we will get into some of them. Congresso do more and might need to do more with fiscal policy. The particulars of that are up to congress and not up to us. It is likely more will need to be done in time. O
Their children and for their families and for their nation itself. No one could make that choice for them. They had to that themselves. Today, the world sees they are choosing cooperation over conflict, friendship over enmity, prosperity over poverty, hope over despair. They are choosing a future in which arabs and israelis, muslims, jews, christians can live together, pray together, and dream together sidebyside in harmony, community in peace. Me congratulate the people of israel, the people of the United Arab Emirates, and the people of the kingdom of bahrain. God bless you all. This is an incredible day for the world. This is a wonderful and beautiful occasion. I want to thank all of the members of congress for being congressmen,s, congresswomen, we appreciate it so much. Everybody wanted to be here. Important day for the world, important day for peace. Before the parties signed the accord, i want to ask Prime Minister netanyahu to say a few words, followed by the foreign minister o
The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar
A new ceo at ford, what jim farley needs to do to get the stock out of the breakdown lane. And microsoft in talks to acquire tiktok. Why the videosharing app is so popular and what it means for microsoft investors. On the barrons roundtable, ben levisohn, carlton english and al rupe. Ben, before we get to the dollar and gold, i just want to ask you, were most of the way through earnings season right now. We knew it wasnt going to be pretty, but is we learn have we learned anything new about the health of Corporate America Going Forward . Its a lot better than people originally thought. 82. 3 of companies beat, which is a really amazing number. The last four quarters was about 71 . And historically, the average is around 64 , and they beat by 22 , so these are huge beats. But theres also worries that these numbers cant be sustained, that they were onetime factors that held to the fact that things were going to get tougher ahead. A lot of it is being explained away. Jack ben, you write i
A new ceo at ford, what jim farley needs to do to get the stock out of the breakdown lane. And microsoft in talks to acquire tiktok. Why the videosharing app is so popular and what it means for microsoft investors. On the barrons roundtable, ben levisohn, carlton english and al rupe. Ben, before we get to the dollar and gold, i just want to ask you, were most of the way through earnings season right now. We knew it wasnt going to be pretty, but is we learn have we learned anything new about the health of Corporate America Going Forward . Its a lot better than people originally thought. 82. 3 of companies beat, which is a really amazing number. The last four quarters was about 71 . And historically, the average is around 64 , and they beat by 22 , so these are huge beats. But theres also worries that these numbers cant be sustained, that they were onetime factors that held to the fact that things were going to get tougher ahead. A lot of it is being explained away. Jack ben, you write i