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Struggle just to keep up. Look. I think that all of these have one thing in common. They all believe that the future is a little bit better and a little bit faster to come than many of us believe it is rather remarkable to see a consensus overnight from companies that basically say, you know what . Darn covid full speed ahead that includes boeing boeing has what i regard as being a very bullish scenario involving good cash, involving the possibility of returning to much more flight in, lets say, the next year. And even after 1,600 flights of the 737 i dont think theyre going to call it maxx anymore i dont know i think were growing to have a hard time keeping us down today unless faang keep us us down because the hearings go badly. We have a couple of guidance. Ebay the other one that raised guidance. Starbucks had a lot of things to say analysts recommend stocks its an exciting time. In a lot of ways, youre with a tesla call it turns out tell la sla is goi be a big car company thats no ....
Present your oral testimony. Secretary mnuchin thank you very much. Mr. Barr. Let me express my condolences for your loss. Of the committee, i am pleased to join you today to discuss how the Treasury Department and the Federal Reserve are working together to provide liquidity to the credit households,iness, as well as state and municipal governments. We remain committed to making sure every american gets back to possible. Ickly as americas economy continues to recover from the challenges posed by the covid19 pandemic. The jobs report for the month of may best we exceeded expectations with a record gain of 2. 5 million jobs after experts had predicted nearly 8 million lost. Ae Unemployment Rate is still high but we are seeing additional signs the conditions will improve significantly in the third and fourth quart ....
York times article today on the gravity across the entire sunbelt. It is going to be fascinating to see how the mayors and the with ars buttress up washington that seems to feel like the pandemic has moved on. That is decidedly not the case this morning. Jonathan the pandemic has not moved on. We turn to the Economic Data a little later this morning. We constrain the reopening process for the economy. Neither is positive for the economic outlook. We are already seeing that was companies hesitant to rehire people as a result of a lack of confidence. Read ofget the latest initial jobless claims in the united states. The pace of filing is still very high, 1. 3 million filings expected. Hear from, we will the sec chair in front of the House Financial Services committee. Interesting to hear what he says. Later today, we get the fed stress test results, possibly indicating ....
Top producers consider even deeper output curves. Shinzo abes state of emergency now covers the whole of japan after critics said his initial virus response offered to little, too late too little, too late. Shery breaking news out of south korea. We are getting the jobless rate coming in at 3. 8 . As expected, a rebound from the previous month of february. February was a 3. 3 . In the month of march coming in at 3. 8 . In line with estimates but still a rebound. Of course, we have seen weakness in retail and hospitality, employment, given this coronavirus pandemic. The government has tried to create jobs and that has helped the economy. They of course have already passed a 10 billion extra budget, but we are now seeing the jobless rate climbing to 3. 8 . This as president moon jaein has called for more aggressive measures on job creation. Of course, moons Ruling Democratic Party of korea just won the implementer elections ....
Senate, three senators and 15 staff people. Ask those who follow the senate can tell our staff has come to work as they are expected to come under circumstances that are more challenging than it were just a few weeks ago. I want to thank each and every one of them here on the floor as well as the many that you dont see behind the scenes who are necessary for the opening of this capital and for the protection of everyone who works here. There are policemen. There are people engage in basic activities here that keep this magnificent structure functioning, and they coming out in m the midst of a public healh challenge where most of the american have been told stay home. If you can possibly stay home, do it. Social distancing, make certain that you stay a certain distance between yourself and some other person. And yet they come here, and we thank them for it. The obvious question is why are we here under the circumstances . We were called back into a week of legislative activity which had ....