Trevor right now, if you want good news, youve got to search pretty hard for it, kind of like one of those wheres waldo . Puzzles. By the way, why are we trying to find waldo . What did he do . Did he murder someone . If he did, shouldnt the cops be looking for him . Why are we searching for him . The point is, you dont need to search for good news, because we found it for you in our ongoing segment, a ray of sunshine. All across america, millions of people have been receiving stimulus checks from the government to help them through this tough time. Some people use the money for rent. Some people use it for groceries. Some people use it to rent groceries. I dont know, they say it saves money. But one woman decided to use her check to lift other peoples spirits. Reporter a new york woman collaborated with a new orleans Jazz Orchestra to put on a stimulus serenade for frontline hospital workers and Covid Patients in new orleans. Emily bowman used her stimulus money to pay for the outofwo
Welcome to the daily social distancing show. Announcer from trevors couch in new york city to your couch somewhere in the world, this is the daily social distancing show, with trevor noah. Trevor right now, if you want good news, youve got to search pretty hard for it, kind of like one of those wheres waldo . Puzzles. By the way, why are we trying to find waldo . What did he do . Did he murder someone . If he did, shouldnt the cops be looking for him . Why are we searching for him . The point is, you dont need to search for good news, because we found it for you in our ongoing segment, a ray of sunshine. All across america, millions of people have been receiving stimulus checks from the government to help them through this tough time. Some people use the money for rent. Some people use it for groceries. Some people use it to rent groceries. I dont know, they say it saves money. But one woman decided to use her check to lift other peoples spirits. Reporter a new york woman collaborated
Heres a quick reminder eventually you will wear pants again. So, make sure to keep at least a couple pairs. Dont make my mistakes. Anyway, on tonights episode we solve the mask problem forever, theres a new universe you can escape to, mike pompeo is sending you his dinner check. So lets get into it welcome to the daily social distancing show. Announcer from trevors couch in new york city to your couch somewhere in the world, this is the daily social distancing show, with trevor noah. Trevor right now, if you want good news, youve got to search pretty hard for it, kind of like one of those wheres waldo . Puzzles. By the way, why are we trying to find waldo . What did he do . Did he murder someone . If he did, shouldnt the cops be looking for him . Why are we searching for him . The point is, you dont need to search for good news, because we found it for you in our ongoing segment, a ray of sunshine. All across america, millions of people have been receiving stimulus checks from the gove
And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers and a little more stock picking and less indiscriminate selling all sets us up for a good bounce on obviously expectations of policy traction that were getting from the fed and congress likely. All that seems to say its a bounce, a very strong one, its an overdue one will it carry on to anything i dont know that we can say for sure, but i like to say every bottom start with a bounce, not every bounce becomes a bottom. In the meantime just i think to put your point into one phrase, its turnaround
1 it is not the fed. Its not the trade talks, its demand demand for money demand for homes, demand for processing, demand for cancer drugs and programming and demand for cell phones and demand for planes and of course perhaps most important, demand for stocks yet if you listen to most of the experts you here a lot of fury about ow the Global Economy has gotten weaker because the trade war has shut down international trade. I dont want to sugar coat anything the Global Economy has absolutely taken a hit yearoveryear and the tariffs are part of that but here is the thing. Many stocks were trading like were about to get an even more stringent round of tariffs and that didnt happen instead the president started negotiating with china and that allowed a host of flailing stocks to get their mojo back. The tariff made it strong that without the averages demand would have never made it this far. Let me walk you through the places where that demand is m t most palpable first there is demand for