All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
14 points. What is going on here . First of all, there are clear signs the lockdown is ending and the economy is expanding. Theres been a big jump in Mortgage Applications and a surprisingly small drop in private sector jobs in may. We are going to check the other indicators for you. They proiare pointing towards growth. June appears to be the turning point. As for urban unrest, look, its very hard to be positive when you see razor wire around saks fifth avenue in new york city. Overall, violence was down last night. Peaceful protesters were out in force and that, in my mind, is a very good thing. Green shoots, something positive this wednesday, june 3rd. Varney company is about to begin. Stuart i think the story of the morning has to be calm. Protesters turned out across the country last night, some defying curfew orders in major cities, new york and d. C. , but it was by and large a calm night. A welcome contrast to the past few nights of mayhem and looting. Now, the night was not fr
Performance of all time. We are looking at limit up with dow futures and the etf slightly more than that looking at the treasury market the yields have been all over the place. Weve watched the 10year go from. 4 to 0. 85 . Andrew a huge lineup for you this morning, in about 30 minutes, new data from the china books about how ugly the hit to the First Quarter may be at 7 15, well talk to the ceo of lab corp about the ramp up for testing. At 7 30, well talk about the hit to our economy with Starwood Capital. Last time he was on, he was bullish in the face of the bears. And at 8 00 a. M. , the ceo of boeing, dave calhoun so many questions for him. At 8 30, joining a growing chore yus of voices. Global cases have topped 38,000 including 300,000 in the United States. New york city with the biggest hotspot. 13,000 confirmed cases in the city new york state accounts for half of the confirmed cases in the United States. China says the lockdown in wuhan will end on april 8. Cnbc is bringing you
This journey is not something that happened overnight. Throughout this process, i spent many weeks away from the city, spent many nights working 12hour days, doing my come and coming back just in time to get to class. By the time i finished Elementary School i saw the beast of poverty. I ran out of fingers to count the youth in my community that lost their lives to gun violence. The club made sure to stay open the nights of shootings, making it so we would have a caring and dependable place to go when it wasnt safe to go home. The club gave me a place where i could be my authentic self. The club showed me the power of a good education and encouraged me to go into private school. It wasnt easy. I found my sense of self slipping away as i switched between environments, but i could always find myself back at the club, a place i didnt have to alter who i was. Every tragedy and piece of divert that i went through in my community, the club was right there to help me through it. When everythi
I want to start off by saying thank you, supervisor walton, and to all of you guys having me here today and for all of your messages of support throughout my youth of the year journey. Your encouragement has truly meant so much to me. This journey is not something that happened overnight. Throughout this process, i spent many weeks away from the city, spent many nights working 12hour days, doing my come and coming back just in time to get to class. By the time i finished Elementary School i saw the beast of poverty. I ran out of fingers to count the youth in my community that lost their lives to gun violence. The club made sure to stay open the nights of shootings, making it so we would have a caring and dependable place to go when it wasnt safe to go home. The club gave me a place where i could be my authentic self. The club showed me the power of a good education and encouraged me to go into private school. It wasnt easy. I found my sense of self slipping away as i switched between e