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About the blockbuster revelations about hunter biden, biden got a pass, the network fix was in, beat up trump, give biden a pass. We do have news on the stimulus. A little give on the part of the white house, Speaker Pelosi and secretary mnuchin have agreed on the democrats Virus Testing strategy. It is not much, a strong report on retail sales just came out, a halfhour ago, big loss for the stocks yesterday but a rebound today in part on the back of the retail sales report. The dow is up triple digits 130 points, the nasdaq, 93 94 points higher. Censorship are very much in the news, social media may be in trouble after blocking coverage of the bombshell allegations against hunter biden, the authorities are taking a close look at facebook, twitter and other social media liability immunity after four years of obvious media biased in social media censorships and is there any dou ....
Lets milk this and go back and forth. We dont even finish each others sent answers it will be awesome this is the first time you are back at the nasdaq in a while. I go away and then im quarantined. I went away in july and finally got back here. I went away again and came back and been quarantined another two weeks. You got to start going away whachlt are you doing . I wish these states would drop off there is 57 states on the list no there are a lot of states on the list not all states i was in a county that was like an island, nobody was there i am glad to be back there is a big krispy kreme thing. Most lights ever i was looking and i was thinking about you. I got to stop thinking about you when im not at work thats not what i want in my life you may draw me back to time square but so will crispy cream. We were talking about this the last couple of weeks i havent been in there in ea while. He said there is no one around nobody on the streets. Is that the case there is people here. A ....
Their residence, then i will deploy the United States military and quickly solve the problem for them the dax climbs after reopening from a long weekend as berlin prepares to unveil an 80 billion stimulus plan. Auto stocks accelerate with daimler topping the stoxx 600 as buyers look to receive special state sup part shares in lufthansa takes off as the carrier agrees to new terms for the 9 million euro bailout. A warm welcome to street signs. Lets kick off with the top story of the day Missouri Police say four officers have been struck by gun fire in st. Louis and are being treated for nonlife threatening injuries in a sixth night of protest in the death and killing of george floyd. President trump threatens to bring in the army after accusing local governments of having a weak response. Violence marred several demonstrations across the u. S. Some with tense standoffs between ....
Under pressure after a big rally for a couple of days. That part of the risk asset trade, falling, pressuring stocks a little bit overall. Oild boil clearly clearly is important. Talk to us about u. S. Treasuries. We are going to have to borrow an awful lot of money and its putting the treasuries under some pressure. Abigail Something Interesting is happening. The announcement came out that treasury is going to be a lot of issuance at the long end of the curve. Longer bonds are selling off. The two year bond is rallying. You have this steepening for the yield curve, which is healthy. Some saying this issuance toward the long end is to steepen the yield curve, normalize it, so to speak. This steepening yield curve could create some of the stock we are seeing for stocks the chop we are seeing for stocks. That a steepening yield curve after uninversion last year we did have a brief after an inversion last year, we did have a b ....
Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is certain. No kidding. The revenue down by about 4 year on year. 0. 11, acoming in at little bit light. Lets get you some of the headlines here. All of todays market moving news from new york, as will is washington. Brent crude getting sucked into the lowest level since 1999. Bloombergs part two thought to be role bloomberg spoke to thought he be role spoke to fatih birol. Some of the countries are cutting their production earlier than announc ....