And a lot of those stocks on fire. For some folks, that is all you need to move this market. Caroline it really does blow your mind. Taylor i will leave you here with three comments, not to cut you off, caroline. Jeffrey gold main and end cam partners are three analysts raising their prices on amazon. Almost a 2 trillion company can rise more than 5 on the day. Jeffreys, 3800 price target from goldman. Looking at 3350. Talking about the structural shift underway from these companies that are not just benefiting from a work from home environment, that is a permanent change that they see not going away. Caroline i take you or three, i raise you three. Im looking at morgan stanley, rbc, and socgen worrying about the complacency in the market. Looking toward the election we have in the u. S. , the risks as we get into august, september, and the turn we see in the market. Lets get the take from chief Investment Officer who is still with us. Is there complacency in this market . Brent maybe
Is good to have you with us German Federal prosecutors have filed murder charges against a russian man suspected of gunning down a former Chechen Rebel fighter here in berlin last year they say that moscow ordered the killing the alleged hit job strained relations between berlin in moscow last year funking germany to expel 2 Russian Diplomats russias ambassador to germany says todays murder charges are groundless and that the kremlin will retaliate if berlin takes new actions against russia over the killing. Its an assassination that has shaken russian german relations to the core last year and late august a former Chechen Rebel salim khan congress feely was gunned down in the heart of berlin shot twice in the head in broad daylight the suspect fled on a bicycle but was caught soon afterwards a russian according to his passport soon after the murder suspicions arose that the Russian Intelligence Services were involved congress feeley was a commander in the 2nd chechen war against Russi
Stimulus package. Billions in aid for municipalities. They are expected to boost bond buying by half a trillion euros today. Endorsed china security law proposal. This as hong kongs most prominent activist tells bloomberg he wont leave despite a root to u. K. Citizenship. It has just gone 6 00 a. M. In london. It is daybreak europe. Annmarie hordern, good morning. Billion. G of 146 she did it. Angela merkel sets the tone for the benchmark for fiscal stimulus on a really global scale as we go into ecb day. Is it innovative . Is it different . This is about fiscal stimulus versus the angst of politics of america. Good morning. Annmarie that fiscal stimulus deal topped expectations by 30 . What does it mean for the Auto Industry . You mentioned the United States. What a 24 hours it has been since the last time we spoke, especially in the u. S. An absolute condemnation coming from the former defense secretary jim mattis, really condemning president donald trump. We will look into that with
Countries planning to impose a digital tax saying it will defend all actions for American Business and intentions over big tech the pentagon moves 1,600 troops as protesters defy curfews and continue to take to the streets of america a warm welcome to strooinz pmi today. The euro area. We have got the individual companies. The final composite for may has come in at 31. 9. The Services Sector came in at 30. 5 ahead of the flash number of 28. 7. The down turn ease in may. Growth still some way off. We have bounced off the lows seen in april. The euro continually higher. Euro has been very strong of late investors getting excited about the Commission Recovery plan trading about 40 basis points higher than the dollar now weve also got fresh numbers crossing on italy and italian unemployment the jobless rate coming through. The jobless rate came in at 6 bot 32 better than the consensus of 9. 5 . March was revised previously better than the market had been expecting. A couple of comments aro
29. 89. Areie in the u. S. We getting a bounce because fundamentals have not been in sync for a long time. The s p 500 looking to finish the week higher. Points, well above the 2200 mark right now. Energy companys with a better week for crude. Up to. 5 . We are back down to 64 basis points on the 10 year. The jolt we got from the quarterly refunding announcements seems to be pricing itself out of the market. We will see about options next week and what that does to volatility in treasuries. The dollar index showing weakness today, at 99. 48, to the benefit of the likes of sterling. As you mentioned, 1. 2452 right now. Guy . Guy lets get back to the payrolls number. Larry kudlow speaking to jon ferro on bloomberg earlier on, trying to frame the april jobs anort after employers cut unprecedented 25 million jobs, triple the Unemployment Rate to nearly 15 . Larry this jobs report today is full of heartbreak, is full of hardship. I believe that it will prove to be temporary. The second half