Come whichrevious also been revised higher. There was some expedition that as prices come up because of the fact you can get cheap lending at the moment or cheap borrowing , you would expect that at some have, that would start to an impact on a month by month basis. Nevertheless, the market was looking for this month on month number two actually slow, and that hasnt happened, which is really interesting and the light of what we are starting to see in the employment market. We saw initial jobless claims out a little bit earlier on. Youre starting to see the negative data could begin from the employment side of the economy, starting to come in a little softer. Bloombergs mike mckee joining us now with the details of that. Michael at one point on the housing numbers, existing home sales or closings, so these contracts were signed a couple of months ago when things were a little better in the economy, and we got low mortgage rates, so the one thing the fed has been able to do is stimulate
For right now. We want this to be as interactive as possible and i hope youll all join us in the questions as you can bring to our guests and planning to ask you a couple of questions. We are going to take advantage of the Polling Technology this afternoon. As i said, this is a conversation ive been looking forward to all day and for many weeks now. We are joined by bill gates, somebody who needs no introduction. Ive had the privilege to know bill for quite some time and talk to him throughout this pandemic and he is far and away the smartest person i know about really helping us set the table understanding where we are. Ive called him a National Treasure and now hes a global treasure. Donated more than 400 million to Covid Research and called this, i hate to say it, in advance back in 2015 whene warned about a possible pandemic of ts sort. I should also note hesrying to get into the journalism business to start a podcast this week which you can go out and get as well. I should also in
Now. Broader markets also higher. Take a look at futures, dow futures currently up 250 points, thats about 1 , nasdaq futures up 92 and s p futures up 25. Stimulus standoff leading to the nasdaq lower by 185. Gold losing some of its shine. Tumbling 4 and a half percent yesterday. More tiktok security concerns this morning. The popular chinese app reportedly tracking user data for millions of people in violation of google policies. Plus College Football taking time out, the big ten and pack 12 postponing the fall season due to coronavirus. Mornings with maria is live right now. Maria and global marks this morning are mixed. Ftse 100 in london is up 48 points and uk economy falling into a recession after shrinking more than 20 in the Second Quarter, largest contraction reported by any major economy so far. The cac quarante in paris up 12 and dax index in germany lower by 18 points this morning. Check asian markets mostly higher on the session. Kospi index was higher as well as hang seng,
Today was the first curbside pick up day in San Francisco. These new rules forcing Business Owners to get creative. The order issue in San Francisco is very clear about Curbside Pickup. Customers are not allowed to enter a store and no more than ten Staff Members can be inside the facility at a time. Donna oleary is counting her blessings. Oh, well. Its been really tough. She owns ambiance, a trendy Womens Clothing boutique in San Francisco. Like so many, she is reopening her doors in a very different way. If someone wants to come up we can show them product with gloves and masks on and put gloves on them so they can touch the product and we can make it very safe. Reporter call it retail redefined. You fill out a form and we pick the clothes for you. Make a nice package of clothes specially cure ated for you. Forget crowded stores, Curbside Pickup is the new normal. We just ask if she wants a bag. Reporter ask pete, coowner of green apple books, a San Francisco staple around since 1967
When he was National Security adviser the early days of the Trump Administration he was set up by the f. B. I. Now we believe this from the very beginning because logic using logic we deduce this now we have evidence that its absolutely true that he was and traps and more than that explained all right so theres no doubt shadow of a doubt now that the f. B. I. Was targeting flynn and they were targeting him to either get him to commit perjury or get him to get him fired or get him to leave so that was our goal and we have to go back now to what we know how do we know yes ok so 1st of all we have the f. B. I. Notes from the former head of a Counter Intelligence bill kristol who after meeting with comi and Deputy Director andrew became so he was with comi and with mckay. His notes say what is our goal question mark truth admission or to get him to lie so we can prosecute him or get him fired theres also some further notes that not many people are talking about but i think its relevant in