Yield moving up to. 4 basis points the vix is below 22. Joining me now is marc lasry. Great to speak with you. Lets begin with the markets. You said 2020 be a onceinalifetime opportunity. Where are we in that opportunity now . Now that the first wave of buying is over, is there another way to come this year . Marc thank you for having me. There is this misconception that we have missed it. We have not missed it. Is doing really well, and that is fabulous for equities. But you have a Record Number of companies that have already filed, and they are continuing to file. It is a world of haves and havenots. Us, we are finding quite a bit to do in the u. S. And around the world. We will get to everything that you are doing in a moment, but what do you do if you feel like buying but you know it is probably not the time yet. Do you have a forecast on when we are likely to see more pain . Marc i think now is a great time to buy. You dont want to time this. In want to be able to invest situation
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pull back a lot weve been talking a lot about this rotation theme. You have small caps up a lot and fin tech and financial all were really doing is stretching the upside of
Agencies say on sanitary conditions at a refugee camp risking life. And run on it imitates life with many of us staying home streaming services see a rise in demand for one democrat lated content. And sport the had a european football admits that many european seasons may never be finished alexanders friend says if no play is possible by the end of june competitions could be declared void. Well its now 1500 g. M. T. And we start in the United States where corona virus infection and fatality rates are rising fast and now the countrys foremost Infectious Diseases expert has given his project prediction of just how bad things will get dr anthony felt she says they could be between 10200000 deaths in the u. S. And millions of cases he authored the prognosis as the federal government considers rolling back some containment measures well in europe spain recorded and another 838 deaths on saturday thats a new high its infection rate however was loa and china which has been reporting significa
Roll call. [roll call] we have a quorum. Item 3. Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United Sta
Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United States army. I simply was to mention his memory. I t