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They may be ready to turn on on main street suffering before no better time to do a little officer derek chauvin. Dining with the dalys. This morning, where the case and the looting and vandalism. Yes, this has becon and siri if you can, its a gift card the home kitchen, newly renovated home kitchen it would that you can buy now that gives seem the country goes from here. Them cash they can use for breaking news. Stunning. Immediate needs and you can cash this mornings new jobs numbers in on that later they will be whipping up one of deliver a major surprise. Their favorite summer if youre in a position to make the Unemployment Rate actually dropping to 13 . Combinations good morning. More than 2 million jobs added thank you, guys good to see you both ill start off by saying this hasnt been stressful at all we just rolled out of bed and to the economy last month. Both numbers far better than this stuff was here. Expected. A don ....
Europe, the unwind could catch the markets by surprise. Mr. Diamond saying, quote, weve never had qe like this before weve never had unwind like this before when that happens of size and substance, stit could be a litte more disruptive than people think. We act like we know exactly whats going to happen and we dont. Steve liesman, i go to you first. What do you make of dimons comments jamies on the front lines there. Hes going to be part of the process of unwinding the Balance Sheet. And i think his words of caution should be taken seriously. I think two things, though i think the fed has kind of preempted these concerns, if you look at how theyre doing, Balance Sheet, theyve sort of put it on auto pilot, but they have a switch where they can turn it out if things turn out badly. I think what the fed wants to see is wants to see the market behave in this process and not be disr ....
And in one weeks performance, and macys, and nordstroms and kohls all down double digits, and coming in short on the topline, and only macys beating on the bottom line. And jcpennys, and daillards ae down on the bottom line. And macys, and nordstrom put up the worst comparable sales in nine years, and jcpenney is also down, and jcpenney missed the comp sales estimate base wide margin, but it is holding the guidance due to the recent comp trends in the last two weeks in ape are ril. I spoke with Ceo Marvin Ellison on the phone, and he is interested in bringing in less weathersensitive categories, and rolling out appliance, and growing Sephora Beauty in more stores. He does not believe that the quarter is a reflection of those moving to the amazon, because he said that the customers feel good about their financial situation, but it is more of the lack of confidence in the f ....