Industry so this is what coronaviruses done is created this Prison Planet type of situation certainly and the workers in the netherlands 80 percent of them are racked are basically part of organized labor they have collective bargaining so this is what theyre fighting over is 2. 02 euros a day for toilet paper that they now have to buy a home that they used to use at the office and this is apparently considered a right across the rest of europe we see spain has obliged employers to pay for home office meat and some equipment germany is debating a bill in trying to Remote Workers rights francis passed a law shielding them from after hours email of course while britain has hinted that it may relax the rules on Tax Deductions for work related equipment purchased during the pandemic of course we just passed a tax bill a huge one last year here in america and that got rid of that Tax Deduction if for things you have to buy from home for work that is not reimbursed from your office like in a
Between those who are counted and those who are not counted in the europe lets look there 1st because this is a topic that is dear to my heart and that is toilet paper who pays for the toilet paper the Big Questions of the work from home as the world compulsives in crisis and tens of millions of us dig in for the long haul of working from home one question looms large who pays for the t. V. And toilet paper the answer according to the dutch is your bosses and how much about to your oh so or 2. 40 per working day on average this is interesting the lockdown has shifted the way people relationship with their bosses of their companies and how to account for costs and a down to the granularity of toilet paper and the only industry i know where toilet paper costs are incorporated in the p. And l. On a monthly or weekly basis is in the prison business in prison people d are very parsimonious with their toilet paper and its all accounted for due to the nature of that industry so this is what c
With you. Really . The judge how are you . Are you said what have you got . Do you have like chambers there or like, what are you equipped to do if push comes to shove today. You have what do you have at home what have you got. And report on what we report on. Am i the only one. I filled in i filled in recently for a full week and they didnt play the theme music a single time. Hopefully they can make up for it today we didnt hear about it we started having fun. We nip that in the bud pretty quickly. Oh, this is you. Im sorry this is you. So you got that going. Im glad i got up this morning. Lets take a look at equity futures. We try to get a new record on the s p 500. Well see what we can get over the top there. Treasury yields on the rise as of late. 25 last week alone. Theres the ten year not doing too much not all that long ago. We have seen rates starting there and stocks have been on the move well see that new record on the s p this morning. The amount of money were sprinting, i d
Delays from washington from the trade deal to the stimulus negotiations, deadlines and expectations being pushed back the weve got 59 minutes left to go in the trading week s p 500, 16 points from a record close. Down right now, jon. Still higher on the week everyone except the nasdaq great to be with you this afternoon. We have a big show coming up to finish out the week. Were going to speak with minneapolis fed fred neel sakashkari and later, as stimulus talks grind to a halt, well speak with Maxine Waters about whether there is any compromise to be had. Plus, shell discuss a new bill encouraging the fed to use authority to close the racial wage gap in this country mike santoli is tracking the Market Action. Start us off on the broader market. You can call it resilient or fatigue or really anything a standoff here at the record high levels of the s p 500. The past four days have basic clind of touched it or been shouting distance of it. The were just hovering there. Up 3 or so month
Say the waters off the coast of being overfished. Slaughterhouses are hotspots for covert 19 activist investors say that Meat Processing plants could be the cause of the next pandemic. The coronavirus pandemic has had a devastating impact on the Global Economy its pushed back global efforts to reduce poverty improve livelihoods and health care now understandably nations of poured billions into shoring up Health Services but the recovery now that lockdowns are being lifted needs to take into consideration all other global emergency Climate Change with temperatures hitting 100 degrees fahrenheit in siberia and the Arctic Circle the challenge couldnt be more dire lets put this into perspective because we can tackle poverty job creation and Climate Change at the same time to limit rising temperatures to below 1. 5 degrees sell. This 2. 00 trillion dollars a year needs to be spent on Energy Systems around the world until 2035 thats around 2 and a half percent of the worlds economy the u. N.