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Quiet. Youve really got to believe, with the tone we got from the president last night, i thought more invigorated than the recent days, that this is really going to heat up into the kind of Campaign Money people have been expecting, as you say, with 20 days to go. Jonathan heating up on capitol hill as well. House Speaker Nancy Pelosi under a little bit of pressure. A 2 trillion game of chicken playing out in washington, d. C. Tom shes going after wolf like,r of cnn, which is, unamerican to do that. [laughter] seriously, talking to mr. Adams of kentucky, mr. Adams made clear that mr. Mcconnell is comfortable there. Political report came out about 4 00 yesterday afternoon and went to a seven seat dane for the democrats seven seat gain for the democrats in the senate. The momentum in the change is now extraordinary. Jonathan the shift has been phenomenal. Weve got to tal ....
The idea that they can delay decisions into september, i just dont get that when i observe what i observe on the streets of new york. Jonathan lets observe the price action. We know why theres no urgency. Compare and contrast to where we were back in march. D. C. Is on the road to nowhere. They have been for the last several weeks. Tom there are two americas out there. Good morning, john edwards of louisiana. What we see is the complacency of the politicians that they have time. I dont understand where that complacency came from. Jonathan lets get to the economic data. Cpi coming out later this week. Retail sales, that is how we conclude the week on friday morning. In the price action this monday morning, equities, the calm in the equity market. We are up five points on the s p 500. We advance a little more than your. 1 more than 0. 1 . Treasuries under the hypnosis of fed chair jay powell. Tenure goes nowhere. Wedbush out this morning, upgrading his price target on apple to 515. We ar ....
Middle of may. The key question is why should Americans Care about it because it will rebound right back if it fails this weekend. Jonathan what is failure this weekend . What is success . Will they kick the can european style, or will we see progress . Lisa theres less than a 50 chance there will be a deal agreed upon, something we are watching. 8 30 am, u. S. Housing starts and building permits. Got Mortgage Rates under 3 at record lows. P. M. , former fed chair janet yellen and ben bernanke testifying before congress, signing a letter alongside 28 other economists urging more fiscal support, piggybacking on what a lot of people are saying. Tomorrow, that meeting in brussels wraps up. It is believed to be the biggest meeting of World Leaders since the pandemic started. They are taking measures such as opening bathroom d ....
In the last 24 hours, combining virus dynamics with oil dynamics. That is a distinction of this crisis. Francine and i am looking two to european lets get to first word news in new york city with viviana hurtado. Viviana we begin with a uturn from President Trump on the need for an economic stimulus he now says he will seek a payroll tax cut and belief are Industries Hit i the new coronavirus. Today the president is promising to unveil what he calls very dramatic action to support the economy. Bloomberg has learned for now the package will not include help for airlines and others in the travel industry. Now to italy it will become the first country in the world to attempt a nationwide lockdown. It is trying to stop the spread of coronavirus in europe. Almost 500 people in italy have died from it. A prime ministry imposing a travel ban. He has told italians, stayathome. Some ....
Stocks declining. They are alike lower on oil prices. Tom lots to talk about, not only the markets, but look just across the bloomberg hd screen, francine. European unemployment coming bon stocks declining. They are alike lower in, and that was off that german unemployment. Its a shift from challenged markets with a good economy. Francine yeah, pretty good. Maybe pretty good is too optimistic, but the overall jobless rate decreased. So it is a little better than expected. Well itake it. Lets get to the first word. Vonnie thank you. The first test of the president ial campaign ended up with surprising results. Ted cruz won the republican vote while Hillary Clinton edged out Bernie Sanders. Cruz upset donald trump 20 to 24 , and marco rubio did better than expected with 23 . Victory for the grassroots. [applause] tonight is a victory for courageous conservatives across iowa an ....