Virus committee, saying both were unnecessary at this time. The reporter questioning part of the briefing due to technical issues at the beginning. Our first question comes from Eric Wasserman from bloomberg news. A quick question. You say it would be inappropriate to assess the esp. Could you specifically address infrastructure . Are you opposed to that idea some part later this year . Im not opposed infrastructure but im opposed to is using a crisis to try and restructure government. Watching dealing with when we were trying to put the deal together on sunday. 90 of that will turned out exactly as we had done on sunday. What we were able to add was the retention tax credit later. The speaker wanted to deal with election law, she wanted to deal. Ith tensions for government all of these sanctuary cities that had nothing to do with coronavirus that had a bill up for a number of days not only to hospitals with those who were being laid off. But to have the speaker come back when we had n
American express reports earnings after the bell, but critics say perks are not what they used to be and it is weighing on the dao component. We have a debate on it. How much the credit card craze is happening amongst millennials. Intense, yes. Thats ahead. We begin with ibms fall after reporting its 20th consecutive quarter of year on year revenue decline. The company cfo discussed that when we spoke to him after those results. That 20 quarter headline is probably not the framing that were thinking about. Were thinking about how do we continue to move the business and our clients to get to growth. Now, the portfolio, the portfolio will grow. I am confident that the ibm company will grow again, but it is taking you know, were taking time. Our baub pisani over by the trading post with more. It is weighing on the market today, bob . Great. Good to see you. Theres a new risk to the market and thats earnings risk. We havent had it before. Let me show you ibm. They normally do four million
Book and its been nearly 10 years since northeast ohio, cleveland, has hit 60 twice in february. So its going to be an unreal day as were stepping out of february. Were leaving on a good note. You can see High Pressure is over not really on top of us, its sagging well sag towards the south right now, allowing us to have a great morning of pure sunshine. That is going to stick around the rest of the day. You can see temperature now at a mild 42 degrees out towards norwalk into mansfield, into the lower 40s across the board. This is going to quickly warm up as we start to see our winds stir up here fairly quickly. We have wind advisories across the board. They are not out towards stark, summit county. Wayne. More for lakeshore communities all the way into about route 30 corridor, across 71 south. That advisory until 10 00 p. M. Ashtabula into lake county until 1 00 a. M. Monday. Were look at potential gusts to about 40 to 50 Miles Per Hour. Your wind cast here, these are sustained winds,
A going to judge to explain see what we mean by that. We believe that intelligence fiscal policy kahlo calibrated double welldesigned can actually help boost growth and jobs. But to mean by that . I am not suggesting a new stimulus package because that is not the answer. But what i am suggesting is that because so much has already been done in terms of fiscal consolidation, countries that still need to put their finances in order have to do so at the right place, not too fast, not too brutally, and they have to adjust his circumstances and taken into account. And this is clearly what we do in the programs that we designed. We dont push countries into dasheen brutally. The pace is important, a sense of pace. Second, they have to be well targeted because if so they can contribute as well to boosting growth. For a sense, fighting to oxidation. Support more efficient public spending, reduce the burden of taxation and charges of labor cost, parole taxes, for instance, are clever fiscal meas