Giving a lot of insight well be bringing you results apple, amazon, alphabet and facebook all report their earnings coincidence those four Companies Make up about 16 of the s p 500. Worth about 5 trillion combined and come a day after the heated antitrust hearing. Wolf, this is a good read in for you. For sure. There was meant to be three of those. Facebook got moved from yesterday to today after that hearing. After the close, we are waiting for two economic reports it is thursday, that means weekly jobless claims. Another 1. 4 million filed for the first time last week the first read on Second Quarter gdp. The economy likely contracted by 34. 7 . Both jobless and gdp due at 8 30 eastern time you look at those numbers down 34. 7 from the estimate we know it, weve been hearing from companies and what has been happening. Thats a lot of news to digest ahead of all of these reports. You are watching futures under a little pressure. Lets look at where things stand now. Dow down 206 points,
How to taper without hitting prices . Polands president ial election is too close to call. We have the incumbent ahead by a thin margin. The result is seen as pivotal for the nations future ties with the European Union. Welcome to the European Market open. Matt is off this week, but just a month under an hour until the start of the trading day. European futures and u. S. Futures for you and both tell a similar story. European equity fund its pointing to the upside, u. S. Futures pointing to the upside. Between. 6 andp. 8 . Weve got u. S. Banks reporting, plenty of those coming through the week. Weve got a few Central Banks giving us their Interest Rate decisions, a little less likely to drive sentiment this week. Looking to the earnings season for any clues. Lets have a look at the gmm to see where weve been overnight through the Asian Session and any clues into the european session. Flying, chinese assets taking off despite caution in chinese papers. The japanese nikkei come also stro
Distribution and roving loudspeakers that broadcast or cross across enemy lines. Somewhere beyond this ridge is the enemy. His strength has been set by steady aerial strikes. And heavy artillery barrages. But he is still a long way from being defeated. He still has his will to fight. How can we weaken that will . How can we defeat him . By physical force . Yes that is the most effective way. But there is still another force applied in combat that we generally do not think of as a weapon of war. That weapon is words. Yes, in a situation like this words are weapons. Now that the enemy has had a strong dose of our military power, the impact of words may provide the final persuasion. Words that go Something Like this, soldiers of north korea, you are surrounded, your comrades are dying. You will die next. There is just one hope, leave your positions tonight. This is psychological warfare, or at least it is one phase. As a weapon of war, psychological warfare is no novelty. It is as old as
You guys are such good energy in the morning. Its a good time hanging out with you. When pete hope youre having a good morning waking up and we are waking up in livermore at about 56 degrees. Winds light at about three miles per hour. Looking at sfo, you can see a low cloud deck. The marine layer is in full effect. San francisco at 55 degrees. Santa rosa also at 53. San jose at 56. Heres a look of some drizzle on the coast. The marine layer is present in places like santa rosa and certainly in most of the bay area. Visibility is not bad though. Just a couple tiny spots in the north bay. It should be a problem with driving. Mostly sunny skies today. Once we kick these low clouds out, it will be in full. 60s at the coast. 70s in the bay and gorgeous and mideighties. For now we will go over to check on the traffic. Not a lot happening. This is the way we like it. We wanted to be nice and quiet for you. It is a holiday, 3 july. A lot of places are close. Bank said the star market are close
Hospital, some getting intensive care, some getting intubated, some getting ventilated, and some dying. So depending on where you are in that spectrum, you have a different attitude for this particular thing. But anyone who gets infected or is at risk of getting affected, to a greater degree, is part of the dynamic of the dynamic process of the outbreak. Susan that is dr. Anthony fauci describing the various outcomes so far of covid19. Dr. Siddhartha mukherjee, you won the Pulitzer Prize for a book on cancer. How is covid19 shaping up as a biological foe . Prof. Mukherjee as dr. Fauci described it, it is a protean protean foe. In the long span of Human History we have just basically encountered this novel coronavirus. And we are still learning things about it which are really fascinating, somewhat counterintuitive, things we have not thought about before. Im an oncologist but really my training is an viral immunology. So the features of virology are very familiar to me. I would echo dr