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Lets go to bob. Hello there are a number of reasons we keep rallying. The bottom line is for the moment generally the market is choosing to see the Glass Half Full whats the Glass Half Full a number of data points. We did have better than expected china export data. Thats pretty good news overall. Were in range bound territory but the trend is slowly on the upside moving to the upside. Lets review the data. Thats a data point we had generally were seeing reopening hopes. Were also seeing a mass i fiscal monetary stimulus most people believe the fed is real the fed put is real and hopes for improved treatments and vaccines Glass Half Full for today. Theres days when the market is glass half empty and they recognize the risks. You can see that in down days. Further downward earnings revisions. A third of the s p is give ....
Losses the university of michigan warning of a billion dollar hit from the pandemic. Their president will join us kelly. Stocks are lower coming off two straight weeks of losses lets get to bob for more on the selling today. Modest rally in the last hour s p is comfortably over 2800 again. Two issues weighing on the markets. I think a lot of investors surprised by warren buffet not so much buying the realizizati realization tha slower than people anticipated restaurant stocks all down dave and busters, dennys. You can see theres less optimism it will go so well in the restaurant stocks today. Mr. Buffet getti inting out of positions didnt help at all all down 3 or 4 the leadership out there on the plus side, wfh the work from home stocks have done so well the wall greens walmarts have all done so well a little bit of, i think optimism that the Energy Stocks are continuing to holdup well. Weak open but a lot of the big names in posi ....
It may not rhyme but its more compelling than sell in may and go away. It was something i heard many years ago and then it turned out to be a terrific summer rally, because of a rhyme sell in may and go away is suboptimal advice, but this may it just so happens the markets run too much versus if fundamentals the dow plunged 622 and the s p losing 8. 2 . And the nasdaq knowsdiving 3. 20 off the rails. Now, after a week that ended in a bombshell after President Trump talked about the possibility of retaliating against china for not doing enough to stop the coronavirus, i dont love the timing here but if theres one thing weve learned, you need to take the president seriously when he threatens to take action against china, because hes done whatever he says and thats bad news for the stock market let me put it this way in 2018 and 2019 we went after the peoples republic with both barrels. We were in a position of strength strong gdp g ....
Sheila. Health Officials Say that when restaurants reopen in the age of corona people will need to sit a few feet apart from each other for safety. But the question is, how do we do that . Well, one of the countrys top restaurants has come up with an imaginative way to avoid the awkwardness of having a bunch of empty seats. Some places that we go, social distance canning feel a little awkward like maybe lots of empty spaces in a restaurant, for example. So a north virginia restaurant is filling in the missing people with mannequins. The inn at Little Washington which is a renowned fancy place, i have learned, three michelin stars, will soon open for half capacity, likely at the end of the month. But the empty tables will feature these frozen friends in vintage 1940 style outfits. Yes, if eating in a half empty restaurant makes you uncomfortable, now you have the option of e ....
Given seagulls a taste for blood. So lets get into it welcome to the daily social distancing show. Announcer from trevors couch in new york city to your couch somewhere in the world, this is the daily social distancing show, with trevor noah. Trevor you know, the world may seem like a dark place right now, but just like your mom opening the curtains to wake you up for church, were about to blast you with a little ray of sunshine. First up, being a teenager in the age of corona is tough. Youre stuck at home with your parents, you cant go to prom, and your dad gave you a haircut with the same clippers he uses on his back hair. But heres a ray of sunshine for teens in georgia because of the pandemic, the state has now decided to issue drivers licenses without requiring a driving test. And that is a crazy idea. Think about it, the only driving practice that kids get right now is from what, video games. Theyre going to get behind the wheel like, which of these pedals push that. If georgia i ....