Ed, welcome back. Thank you very much youve been bullish for a while and now youre acting on it why was now the time i had concerns that the market would have some concerns about the pandemic, that we did obviously see somes increase in the outbreaks down in the sunbelt, but the market the tenyear has been below 1 you know, there is no alternative, probably never been more relevant than it has been since the fed adopted what i call qeforever on march 23rd. You have what you call a meltup in the market, but you say as you have more of this melt up, you increase the risk of a meltdown. How does that factor into your broader view well, you know, its one thing to be bullish, but at the same time you have to be aware of where the down side risks are. To the extent that the market has a melt up, it puts more air between stock prices and earnings in other words, the valuation multiple has been on fire. We had a p. E. Led meltup from 4. 9 on a forward p. E. Basis on march 23rd now were over 22
Probably the second or third day of training and basically we had an outline of what we were doing and none of it was business it was graphic violent, hate speech, sexual solicitation, sexual exploy takeitation that f stuff. Im sorry. Thats okay i just think about all the animals all the time so im supposed to go talk to this counselor about the 500 videos ive looked at today in nine minutes, and im supposed to be okay it doesnt make any sense. A spokesperson for facebook tells cnbc we work with our content review partners to provide a level of support and compensation that leads the industry there will inevitably be employee challenges or dissatisfaction that call our commitment to this work and our partners employees into question when the circumstances warrant action on the part of management we make sure it happens. We heard from the contractor cognizant which runs the facility, saying cognizant strives to create a safe and empowering workplace for its more than 40,000 employees in
I love that little tag line. This is the wall street Journal Editorial Board oped talking about it and titled time for the fed to take a pause. Make it in a cause against a rate hike tomorrow. Well, it may not be what president s usually do, but folks, its trump right about Interest Rates . What do you think . No question about it. You and i both work for the Editorial Board and its been kind of hawkish. Its at least my way of thinking and donald translated thinking that the fed has been way too tight. They made a major blunder three months ago craziness rate that cause deflation in Commodity Prices and i will say at the raises Interest Rates tomorrow, they should all be fired for economic malpractice. David i like your wrath is with us now. Go ahead, carol. First of all come i think that is going to raise rates. That is priced into the market and listen we are in a historically low Interest Rate environment. So i think it would be appropriate for the fed to raise rates. That being sai
Himself working inside the oval office. But we begin this morning with a look at todays eye opener, your world in 90 second. The failing New York Times has an anonymous editorial, gutless, gutless editorial. President trump slams the New York Times oped. The president calling on the New York Times to turn the anonymous source over to the government at once. Suppose hes in a very Sensitive National security division. This guy is obviously an unhinged guy, a guy without many morals, without any principles. Plans have been announced for the leaders of north and south korea to meet again in two weeks. Its their third summit since april. The wildfire explodes in northern california. Many drivers abandoned their vehicles. That side just caught on fire. Executives of top social Media Companies testifying on capitol hill. There were fireworks in the hallways. A runin with alex jones. Oh, oh, youll beat me up . A plane from dubai was quarantined after several passengers fell ill. All that bagga
about immigration, jana. reporter: ken, the district attorney s office says that lopez sanchez is expected to appear before a judge at 1:30 tomorrow here at the hall of justice as you mentioned this is really sparking a debate on immigration that goes not just from san francisco city hall but all the way to the white house. the victim s family says 45- year-old juan francisco lopez sanchez told investigators after the shooting that the it was an accident. that he was trying to shoot a seal. today people gathered at the site for a mourning prayer vigil. we went to give our condolences to the family and assured them our church was praying for them. reporter: today mayor lee fired back with this statement. san francisco sanctuary policy protecting residents and is not intended to protect repeat criminals. san francisco s law gives the sheriff discretion and compliance with i.c.e. requests. he was released from jail march 27th after a marijuana charge was dismissed. the a