Very humanity. Cant breath echoing again in our ears. I spent some time with the family. It is all most hard to believe again. Weight of our history, how black lives have been devalued. People are angry. Im sure you are too. Im angry. The fact is that we need that anger. We need that to tell us to move forward. It helps us push through the pain and reach inside to hopefully get progress, the quality, and inclusion. We are seeing a justifiable public outrage and acts of needless destruction across the country. We all agreed that the act of protesting should not be overshadowed by the reason we are protesting. It shouldnt drive people away. N there is no way forward. As mayors you are responsible for shaping how we respond. It has to be difficult finding the balance between keeping people safe, protecting public spaces, while acknowledging the incredible pain and legitimate anger. Yesterday, i spent time Walking Around my city, much smaller than any of yours. Today, i spent time at the r
This is 40 minutes. Ests and Police Violence. This is 40 minutes. Hey folks. Thanks a lot. I know you are really busy. Thank you for spending time today. I know what you are managing right now, these are difficult days for the country. Not only do you have to grapple with the pandemic and the economic crisis but now you have to grapple with the horrific killing of george floyd. The way that he was denied his very humanity. Cant breath echoing again in our ears. I spent some time with the family. It is all most hard to believe again. Weight of our history, how black lives have been devalued. People are angry. Im sure you are too. Im angry. The fact is that we need that anger. We need that to tell us to move forward. It helps us push through the pain and reach inside to hopefully get progress, the quality, and inclusion. We are seeing a justifiable public outrage and acts of needless destruction across the country. We all agreed that the act of protesting should not be overshadowed by th
Yes look, theres no doubt about it, as becky said, things are better after than before. Skeptics will say you cant ramp up this rna. Moderna has been saying they can do 800 million to 600 million to 900 million vaccines, and i think therefore the move in the dow and the move in moderna makes sense. Do i want to chase moderna no do i feel like things are better its hard to believe that anybody could do this this fast, except for moderna i want to caution people, they have never really done anything. This is a very, very big deal. But there are people scientists i talked to this morning who say look, so far so good thats much different from the way i felt on saturday when i learned that the oxford test that everyone was so excited about did nothing. So this is not on prime mateates is on humans if youre negative on the market, you have to rethink. People will say we have to buy value. Autos are pumping. This is good news. You dont think its a sell and stay at home kind of stocks day . I
Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclubs in south korea. They eased restrictions last week but on saturday, shut down all clubs, bars and discos in se
20. 5 in a data set thats never been more than 2 million in a single month, numbers we never expected to talk about no. The numbers are just completely and totally shocking not unexpected however given the carnage thats taken place in the economy over the last month as we locked everything down those lockdowns ending around the country. Things starting to at least normalize in some states the question will be of the 18 million workers who describe themselves as a temporary layoff of that 20 million, how many really will get their jobs back is a key given the markets reaction today, there seems to be an expectation that most of them will that will remain a question over the next many months as we hope that the economy does start to return to some semblance of normalcy mike, lots of internals to dig through here average Hourly Earnings show a chasm between lowerpaid employees in the country and those with higher wages who, judging from the data, lost their jobs at a slower pace. Yeah, no