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The dow as the president says the u. S. Government should take a cut of its deal. Apple inches toward a 2 trillion market cap. The price were looking for to hit that level is 4. 6777 about 27 above where we are now. Apple is up 1 today gold topping 2,000 an ounce for the first time ever. The precious metal is up as the market attempts to price in a postpandemic recovery, there are new signs the road back could be longer and bumpier than experts think steve is digging into the data good afternoon. Even if the forecast of economists for the strong second half ebound pans out, the u. S. Economy is still going to be in the e kwif lenquivalent of a reb year end the Unemployment Rate forecast decline from 11. 1 now to 9. 8 by december. Look at those numbers and the 9. 8 Unemployment Rate would make it the third highest among recessions we have done a good job of taking it dow ....
New york City Real Estate will join us to tell us how he sees landlords managing renters who have shut down their businesses. The chairman and ceo is scott recker, he will be joining us. And judge will be here as well taken us through unique coronavirus cases going through courts. In the meantime breaking news, Drugmaker Mylan is voluntarily waving the u. S. Distribution rights for a generic version of an hiv antiviral drug so its available to patients with coronavirus. The stock is down, it allows other generic drug makers to apply for u. S. Approval as well, we will keep you uptodate with those headlines, i just wanted to bring you the breaking news. Checking in on the retail sector, walmart one of the biggest loggers on the dow, investors are pivoting away from stocks seen as recession proof and target lower despite a strong report on sales trends withdrawing earning dr ....
Globe. At the helm, a chief executive who came into the store seven years ago with no fashion experience but a determination to return the brand to luxury, attracting younger, high value customers. When i started the job, i often got the question, is ralph lauren still relevant . We had to some extent lost that to the younger generation. Francine today, i speak to the ceo of ralph lauren about the Company Founder and his plans to take the company back to its roots. Patrice louvet, thank you so much for joining us on bloomberg. Patrice very happy to be here. Francine do you have the most fun job in the world . Patrice it is pretty fun. Probably the thing that attracted me to this opportunity is the opportunity to work with ralph, right . This man is a visionary, incredible entrepreneur who has had amazing success around the world, and the opportunity to work with him, to partner with him, is really special, and i cherish it every ....
With 500 stores around the globe. At the helm, a chief executive who came into the store seven years ago with no fashion experience but a determination to return the brand to luxury, attracting younger, high value customers. When i started the job, i often got the question, is ralph lauren still relevant . Which is a painful question to listen to you. We had to some extent lost that to the younger generation. Francine today, i speak to the ceo of ralph lauren about the Company Founder and his plans to take the company back to its roots. Patrice louvet, thank you so much for joining us on bloomberg. Patrice very happy to be here. Francine do you have the most fun job in the world . Patrice it is pretty fun. Probably the thing that attracted me to this opportunity is the opportunity to work with ralph, right . This man is a visionary, incredible entrepreneur who has had amazing success around the world, and the opportunity to work ....
Francine it started 56 years ago with a tie. Today, ralph lauren is one of the worlds most iconic fashion brands, valued at 8 billion with 500 stores around the globe. At the helm, a chief executive who came into the store seven years ago with no fashion experience but a determination to return the brand to luxury, attracting younger, high value customers. When i started the job, i often got the question, is ralph lauren still relevant . Which is a painful question to listen we had to some extent to honestly . We had to some extent lost that to the younger generation. Francine today, i speak to the ceo of ralph lauren about the Company Founder and his plans to take the company back to its roots. Patrice louvet, thank you so much for joining us on bloomberg. Patrice very happy to be here. Francine do you have the most fun job in the world . Patrice it is pretty fun. Probably the thing that attracted me to this opportunity is the o ....