Reported. New york state reported its highly daily death toll highest daily death toll yet. President s briefing will start at about 5 30. U. K. Prime minister Boris Johnson remains in the icu in the british hospital for the third day in a row. And nasdaq are climbing today. I want to bring in keith. One day is up, one is down. The only thing we know for sure is the daily case counts. What indicators are you watching to determine what kind of day its going to be . Keith its amazing, the daytoday swings and the volatility. Weve seen since chutess are some green shoots. We are watching search interest in real time to see if there any indication of that picking up, and weve seen that come down week over week. Has positive development come against Monetary Policy that is just quite extraordinary, where the feds increase in Balance Sheet of near 1. 5 trillion would have boosted valuations in our framework by quite a bit. Served against a backdrop of very underweight positioning, where inves
Eamon, its jon fortt by my account its been about a week since the last gasp of real partisan that i saw when mcconnell and mccarthy were talking about the house bill calling it an ideological wish list and what not. I think the lawmakers pretty quickly started getting on the same page and getting too a different posture, but from where you sit at this point, is it clear where there might be any types of divides around what types of measures congress is willing to take . I know that payroll tax cut was on the table for a bit and then off the table, but beyond that, are there areas where democrats and republicans clearly differ at this point . You know, its unclear right now. You saw Chuck Schumer out earlier today and yesterday saying that what democrats want is a real focus on the workers, if theres going to be bailouts we want to make sure the focus here is on labor and the workers, the people who might get hurt and not just bailouts that would benefit executives. I think theres a sp
The start of it as we continue to watch alphabet shares essentially unchanged today, jon. Yeah and our ylan mui is there in washington who joins us with more. 170 million now in the context of facebook maybe doesnt sound like a lot, but thats a lot for the ftc right . The ftc is quick to point out this is the largest penalty ever collected under this privacy law that protects children when they are surfing the web and when theyre online the settlement was actually split between the ftc and the new York State Attorney Generals Office 136 million will be going to the ftc, about 34 million going to the new york a. G. And during the press conference i would be on the lookout for some very tough rhetoric from regulators weve heard from new yorks a. G. Saying she felt that youtube put children at risk and abused their power. We already had a statement from the ftc chairman saying theres no excuse for the violations that youtube is alleged to have committed. So i think that youre hearing a ve
Against the dollar late yesterday. The u. S. Treasury in the day labeling china a currency manipulator. Since then Chinas Central Bank has stepped in we well speak with white house chief Economic Advisor larry kudlow in a few minutes. You and i were talking yesterday, jim, about what we might expect in the market during the course of the day the move down in yields and the 10year in particular also caught a lot of peoples attention. Here we are a day later. We looked like wed be down sharply after other markets opened down. We have now rebounded at least in the futures market. What are your expectations i think that you cant buy enough opening there was a lot of money committed on the sell side i dont know how much short, between when we announced there was going to be designation and probably right to the special last night apple 185, microsoft down 5, facebook down 20 these were very big prints over and over they just kept hitting the bids, hitting the bids, hitting the bids they wer
Welcome, good to have you with us. Our Investment Committee at the table, joe terranova, stephanie link, and one of forbes top 100 Financial Advisers the dip for stocks this hour, the g20 getting closer and closer that meeting between President Trump and president xi also marking the end of the first half of the year, all with the backdrop of a fed that could be poised to cut Interest Rates in a matter of weeks, a central bank in europe that seems ready to act dramatically as well. Jim, this is your moment youve been looking towards trade and talking about it for months now youre going to have this dinner meeting inosaka is it okay for me to say im a little nervous im fully invested, i do have a little bit of cash, scott, but im nervous even though im invested its an important moment what are we looking for, what do you want you have to know what youre looking for, okay . The specific thing im looking for is a pumpback on tshback on tariffs. Theres no way in heck that were getting a de