On mortgage takers and also removal of purchase restrictions in some of china s largest cities. Finally, we have not seen it yet but it is very likely that they are likely to have another round of fiscal stimulus. Likely to have another round of fiscalstimulus. I likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, ever since the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. Japan s incoming prime minister has signalled continuity over the weekend as he makes key cabinet picks. Shigeru ishiba won an
Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had littered with bad loans, its not, they have great trading, the
Developing news now, the debate on whether to open schools this fall is heating up across the country with coronavirus cases still surging in a number of states. Here is Andrew Dymburt. Reporter california to florida, cases are on the rise. The sun belt is now the global hot spot. Arizona alone meanwhile reporting more new cases than any other country in the world. The Health Care System is in crisis levels of support right now. Reporter dr. Debra birx pleading to push back reopening in several states seeing a spike in infections and hospitalizations. It is really asking the American People in those counties and in those states to not only use the face coverings, not going to bars, not going to indoor dining, but really not gathering in homes either. Reporter this as President Trump says that he wants schools to reopen in the fall threatening to pull funding to t School Districts that dont open. New York Governor Andrew Cuomo not taking it. Oh, really . Do you know, mr. President , bet
Was in his hometown of scranton pennsylvania to talk about his economic proposals and other issues facing class families. [inaudible conversations] ima teacher and president of tha federation of teachers. [applause] i would like to say im on the executive board and Vice President of the aflcio said that sort of tells you who i am. [applause] im extremely proud i was asked to do this introduction. I am honored about this happenei to me. I told them that these things could happen but i didnt think that they were going to happen to me. I would like to say how much i am appreciative joe biden entered this race not just because they are friendly, but he absolutely appreciate education, public education. [cheering] my district is and what they inl Financial Recovery which means we are broke. If we were unique that would be all right, but we are not. You know how many times teachers throughout this country have had to fight to get the health care or salaries that they deserve. One of the thin
Tonight we are hosting the National Launch of the book of charlie by David Von Drehle. [applause] the book of charlie is a special book about a special man and it was written by a special mann and i know and i can tell you why David Von Drehle was drawn to charlie because he has a younger charlie and i hope he lives to be 109. [applause] i found a 48 years ago and over that time i have found a few books that represent what i call high water marks in our love of reading and the book of charlie is such a book. It is a book for everyone and i hope that everyone reads it. I agree with tom hanks who gave us this wonderful quote ive got to recommend this book filled with history, wisdom, common sense and loss galore. I wish i had lived across the street from charlie and i make it to 109. So, David Von Drehle is formerly an editoratlarge and now the deputy opinion editor at the washington post. He is going to be insa conversation with tonight Tyler Nottberg is the chairman and chief optimist