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Great. Good afternoon. It is great to be in Orange County and i want to thank mayor for reachingemings out about the barbers in the salons. The discussion was great. We were trying to just do things in a way that is state safe, smart, stepbystep. We did not roll it out in phase one but that doesnt mean we are not intent on getting to yes on this. The ideas we heard were great. I will receive written product. We have folks consulting with physicians, working with written product as well. I am not confident it is a matter of if, not when. Part of the reason we were able to have the discussion is because we have seen a great amount of success throughout the state but particularly in Orange County. The county Health Department and the mayor and the folks involved with that does all deserve a lot of credit. Last night, flori ....
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with ....
Case, you can get the moderate to heavy rain. Thats another cold one. Now, the airport is at 38 and this morning its on the peninsula and also on the mountains. The secondary system is the one that could really light things up in the afternoon. Again, it looks like San Francisco south and to the north. With the focus around the mountains and the coast. 50s and 60s today. Sal is here now. Lets see if anything is going on. Good morning, sir. Good morning to you , steve. We do have traffic thats light for the most part. Unfortunately, sometimes when the traffic is so light we do get the traffic accidents that are more severe as you take a live look at the Golden Gate Bridge here t. Traffic continues to move along very well. Theres no major issues. Right now the traffic continues to move on all of the bay area bridges. Now, back to the headlines. Thank you, sal. Topping the ne ....
Ields are higher. In eight basis point increase yesterday. You are getting a weakening the dollar by about 1 . It could be seen as some good news if some of the funding pressures are relieved. The hope and optimism is still moving through into the copper market. Those are off 3 . Copper has been searching to the highest now in almost three weeks after minds have been closing to reduce supply and some of the coronavirus headlines have been coming in showing signs of easing in these hot spots. Flip up the board. I want to take you through, if you want, to take you through an 11 day chart. David of course. Taylor this chart is getting us into so trouble because im getting so much twitter hate mail. Take a look from the lows of the session, we are now up 20 . Technically speaking, if we close at these levels, it would mean we have closed out the bear market. There are still a lot of people that think this is a drop because we are still off 20 from the record highs in february and the worst ....
Going to have to deal with and maybe today were finding out. Is that what this is yeah, but ill tell you whats so interesting. There are very few people, i believe, who really thought that the rosy scenario was going to occur. I know we had that press conference this weekend that was a little disorganized, but the sudden recognition of a number that i think, unfortunately, a lot of people really kind of hoping wasnt going to happen is jarring the market but and i by the way, jeffrey gundlach, hes right this is one of the easier rollovers to predict but i want people to like look into their own brains and hearts and really, really answer, did you really think it was only going to be a couple thousand people did you really think that . When they finally announced that number, if that should cause the selloff, then youve got to rethink whether you want to be in stocks. Because i think that theyre just making up numbers, as dr. Fauci says hey, thats the input so dont sell on that. Sell bec ....