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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 ....
Campaignb smith on 2020 and the role of military voters and young americans. Plus your emails, tweets, and phone calls. Washington journal starts now. First Lady Melania Trump closed out day two of the Republican National convention with a speech from the white house last night where she called on voters to support her husband for a second term claiming he will fight for them. Yourll continue with comments and reactions to the Republican National convention with a look ahead at tonights lineup. Here is how we are dividing the line. If you support the president dial in at 202 7488000. If you are supporting joe biden 202 7488001. If you have a thirdparty candidate or are undecided dialing that dial in at 202 7488002. You can also text us with your first name, city, and state at 202 7488003. Join the conversat ....
Latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve done as a peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder dropped his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation the airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday lou lou found the board to chair carl loued with clay warned that voting against the deal would mean taking a big risk. You know. We have run out of m ....
Be worrisome. Arestors seems that they looking to a lot this great Second Quarter in, david. David the consumer board came out with good numbers on positive consumer confidence. We are going to get fedex after the bell today. What are we looking for . Abigail relative to the earnings, micron put up a Strong Quarter and boosted the outlook carrying the outlook boosted the outlook. That wasto the quarter a stunning quarter, i wonder break it down. 18 this quarter. The best quarter since 1998. Treasuries after a huge quarter in the First Quarter relatively flat, but where we saw huge gains, investment credit, highyield credit, this of course on that fed support buying outright Corporate Bonds and those etfs. Gold having a strong day. Not just today but it was the quart ....
As the country reopens theres an increase in coal but 19 cases is there a balance between economics and health to be found a member of toms Economic Team is here to respond on this edition. To. Walk them to politicking on larry king as the country is gradually reopened theres been an increase of call that 19 geishas in more than 20 states wheres the balance for the average american Stephen Moore member of President Trumps economic taskforce coauthor of trungpa nomics inside the american 1st plan to revive the American Economy stephen thanks for joining us today where. I would you describe the stated he economy right now. Well its pretty poor i mean theres no question that weve done serious Severe Damage to the ....