Im just going to read a few sentences i cobbled together from your book. As i lead into my first question. You might in the book innovation is the most important fact of the modern world but one of the least well understood. It is the reason most people today live lives of prosperity and wisdom area and the main ingredient in the secret sauce and indeed innovation is freedom and freedom to exchange, experiments, imagine, investment fail. Liberals have argued since the 18th century that freedom needs prosperity but i would argue that they have never persuasively found a mechanism that drives change in which one causes the other. Innovation is that drives change, that missing link. Innovation is the child of freedom and apparent prosperity. Matt, do you think youve written a contrary and book your in 2020 because there seems to be a growing belief we havent innovated since the apollo space program. Living standards have been stagnant for decades and growth only help the elites, growth ki
Home, burglary, california. The disease is roaming the golden state with infections topping the same number 100 thousand in california. Even as the states caseload increases the governor is easy restrictions on some businesses. Retailers can reopen for in person shopping under guidelines and and or approval for the health departmet. With millions out of work and many businesses shuttered california faces a daunting road to economic recovery. Joining me now by skype is tom stier a billionaire investor and a president ial candidate. As a former president ial candidate, what is it like for you to be witnessing the Nation Office unrest i feel terribly sad watching what is happening in minnesota, the murder of a black man in police custody. I feel immense shared grief with the people particularly the africanamerican people for whom this is the last incident and over centuries of discrimination, injustice and murder. This kind of incident, this open wound in the american psyche calls out cal
Topping the same number 10 thousand in california. Even as the states caseload increases the governor is easy restrictions on some businesses. Retailers can reopen for in person shopping under guidelines and and or approv for thhealth departmet. With millions out of work and many businesses shuttered california faces a daunti road to economic recovery. Joining me now by m ype is stier a billionaire investor and a president ial candidate. As a former president ial candidate, what is it like for you to be witnessing the Nation Office unrest ib i feel te sad watching what is happening in minnesota, the murder of a black man in police custody. I feel immense shared grief with the people particularly afthe canamerican people for whom this is the last incident and over centuries of discrimination, injustice and murder. This kind of incident, this open wound in the american psyche calls out calls out for a president healing the wound talking to the family addressing the need reform nj racialt
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
Well china for instance reporting an increase of cases and u. S. Officials warning this week will be the toughest yet as hospitals struggle to maintain and eck up and down their capacity. Coming up on todays show, blackstone is donating millions of dollars to support Health Care Workers and First Responders in new york well speak to the ceo about that and his thoughts on this volatile market. Plus, well be joined by the ed of the transports union. 59 minutes left of trade. Lets focus on the big stories we are watching nowful meg with the latest on treatments for the virus. Peter from canter fitzgerald is here with us to talk b about the volatility in the oil market in particular, but first, mike, want to get your take on todays rally and where this puts us a pretty crisp rally, cant argue with that. Where it takes us is one of the most interesting things. A oneyear chart, 26. 30ish on the s p 500. Its exactly where we closed on march 30th so you remember that was that big three day ral