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Deliver remarks on jobs and the economy, and from the Mankato Regional Airport in minnesota looking at the live pictures and then hes headed to wisconsin for another event weve got that all covered for you. Now, theres one area of the economy going full steam and thats housing. The exodus from the cities to the suburbs fueling demand for one company, so much they are actually struggling to fill thousands of open positions, even with millions of people still unemployed in this country weve got the ceo of two men and a truck, hes here on the housing hotspots and hes in the cities where people are going and there was this new forecast by the cdc, predicting that the u. S. Coronavirus death toll could reach 200,000, by september 5 but could a newly approved rapid saliva based test be a major game changer . Its pretty interesting stuff today former secretary of health and Hum ....
Disaster. How do you prep your portfolio . We have folks to help with you that. Can nvidia pick up this market . Throughout the hour were examining selfdestruction and creative destruction. We know a lot about the latter term but what is the role of self destruction in all of that. The role of the on nip poe tent Federal Reserve which is too powerful and Impotent Congress wont do its job. Social security, happy 88th, here is the thing, the gift you may be receiving, 17,500dollar pay cut. Thats right, a cut in Social Security. This truth never shows up on wall street spreadsheets but it is real life for far too many americans. All that and much more on making money. Charles outside of retail, we have wrapped up earning, right . All these Financial Reports are ....
Walmart saying its seeing a slight pullback for certain Food Products because of those weight loss drugs. And disneys dismal run. The stock is back below 80 bucks a share, its lowest level since october 2014. Lets begin with a drop in oil prices. Wti on pace for the worst week since march, jim. We got down to 82. 35 this morning. Yesterday, biggest drop since may. The department of energy numbers were weak. Gasoline numbers were weak, the lowest, what, since 1996. When you speak to the chieftains of the Oil Companies, they just want to stand there and buy the shares because they dont think this is the right market. They think the higher price is the right market. I look at whats happened with oil, and i say, if you have retail weakness, if you have fewer people from student loans, fewer people going places, obviously, theres going to be a backup in gasoline, but i think this pr ....
Eurodollar. We are seeing a little bit more of dollar strength. We did hear from the European Central bank. One of its Board Members saying it should adjust its policy guide before the summer. It shouldnt have any problems in the inside of the asset purchases. Thats got the moves a little bit jittery. Its having an impact on eurodollar. Seeing a little bit of movement on those german bonds. , we have information from trumps first year. Later on, we get a view on trade in the global economy. Still to come, jim oneill. He talks emerging markets. To the firstaight word news. Nejra brent crude has gone through 70 for the first time in three years. Closing level yesterday. Hedge funds hit bullish bests. A view that opec and its partners will end their supply cuts early is spreading. All predicting a wind that will start from the middle of the year. Offeringgovernment is a proposa ....
Welcome to power lunch, im contessa brewer. Another strong day for stocks as all three indices look for a winding streak the dow is up about 143 points, a slight pullback from where we were a half hour ago both the s p and nasdaq are on pace in more than six years and both indices up 5 health care the best performing sector today johnson johnson, pfizer, eli lilly among the big gainers. A couple beatendown names moving higher, ge back above 15 a share despite being hit with a shareholder lawsuit and snap is now up 50 so far in february. Three hours left in what has been a huge week for stocks. Bertha coombs is at the New York Stock Exchange bertha it has been quite a big week. Its been two weeks since we had that downturn starts and after consuming a lot of rocky road ice cream, today it feels like vanilla. If you look at the major averages in terms of where they are from their highs back at the end of january, the nasdaq ....