21. 5 Million People lost their jobs in april. Oil prices have also been higher last check of wti saw it just above 24. Thats a began of about 3 that link between oil and stock market futures has been strong too. It has been very, very strong it is interesting. It has been strong on the way up the question is was it strong on the way down it is interesting to think what has been driving what . It has been stuck here. It is up 11 the next morning it is 26 and then 23 again. At the end of the session, it seemed to go back. Weve been holding at 24 24, 25 that seems to be enough. These futures are up 250 points every morning. At the end of the day, weve given it back. We are up to 250 again are you kidding me, china, if we are being nice about trade, thats enough to send the markets up again we are back to that . At least it takes the threat off the table. If you start adding tariffs on, i wonder what happens. Earlier this week, all of this harsh rhetoric. We talked about it yesterday, wha
Discussing just that, an early return to work. 9 40 eastern time today on this program. There is outrage at Speaker Pelosi loading up the stimulus package with a host of items unrelated to supporting workers and industries. For example, canceling post office debt, the return of obama phones, same day voter registration, 35 million for the Kennedy Center for performing arts. What has all that got to do with getting money to people who have just lost their jobs, millions of workers thrown out of a job. However, treasury secretary mnuchin and senator schumer did meet last night, and they suggested that a 2 trillion rescue package, stimulus package, is close. Well see. All this has given the market a shot in the arm. For much of the morning, we have been limit up for the dow jones average and at the opening bell, the dow will be up, what, 900 points, maybe more when the restrictions of the limits on trading are off. S p, nasdaq also up 4 , 5 . Clearly, investors like the 2 trillion rescue
Mr. Speaker, for a half years ago they said they would run three small deficits and then balance the books the reality is there is for big deficits for a total 70 billion. They did not respect our commitment and were still for four and half years 200,000 jobs are lost in the Energy Sector many investment have been lost to prices with more than a month to sell with their deals we can see clouds on the economic horizon. The right honorable Prime Minister, mr. Speaker. For four years we have been invested in communities and workers and the economy and this pays off. And with more than jobs and new years that opportunities for many more people but we realize with the coronavirus there are economic challenges on the horizon and that is why to be able to invest in canadians. For a half years ago been elected the house was in order. They had a surplus. They had the best gdp to debt ratio and Economic Growth that was the treaty that we left them. But today, there is no buffer left. How can the
And the economy. [applause]. [inaudible]. Statement mr. Speaker, for a half years ago, the liberals were reelected by three small differences and balancing books. There were four big deficits for a total of 70 billion. They do not respect the commitment and we are still four and half years, 200,000 jobs, were lost in the Energy Sector, and the investments have been lost derailed crosses, took them more than a month to solve because they dragged their heels. So we can see clouds on the economic horizon. What is the government going to do because its got rid of its buffer. The honorable Prime Minister. Worcester speaker. For years weve invested in communities, invested in workers, and the economy, and this is paying off, not only a million have been lifted up out of poverty but we see more than a million new jobs in recent years. Our economy is growing, we have opportunities for many more people to be realized that with the coronavirus, there are economic challenges on the horizon. And t
All across the east. Not much of a bounce back as of right now. Lets bring you up to speed on the flight to safety, gold has retreated to the tune of 23 an ounce now are well shy of 1700. But the yield on the ten year treasury, that remains stubbornly near its lows. That indicates the move into safe u. S. Bonds remain intact, 136 on the tenure right now. Move on to politics, the democrats debate tonight right before 7 00 p. M. , at the South Carolina primary, Bernie Sanders will be attacked. Especially after he doubled down on his admiration for fidel castro. Also crunch time for Mike Bloomberg, he can show he could debate, and joe biden has got to show hes up for the fight ahead. As usual in the hectic times, a big show on the way for you, and a moment you will see the president go after cnn, what a putdown it was. Varney company is about to begin. How can you justify to their American People have an acting dean i would note intelligent. First of all i want no help from any country an