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Could be a fullcourt press at least on the administrations part working through the coronavirus folks saying look, the worst of this could be behind us. That is one of the reasons why the president has been stipulating, he thinks all kids in this country should go back to school in the fall. That has earned him the wrath of Governor Andrew Cuomo who is also addressing reporters right now saying what about the kids, are you thinking of the welfare of the kids . The back and forth goes on and on. Speaking of governor cuomo, sometimes around august 1st, august 7th, he will have a financial decisi...

Geopolitical tensions not to mention the small matter of a looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. Hello im sam is a than this is counting the cost on aljazeera your weekly look at the world of business and economics this week economies opening up this by the pandemic as that head towards world war 2 levels could we see all stare at all stimulus and when is the right time to pay down debt as economies tank and job losses increase the nasdaq hits a record high the stock market is d...

Defer paying their income tax and we expanded tax refunds, very substantially. Thanks to our efforts and incredible resilience much our nations Small Businesses, and i really think we can add the foundation that we built. We built the greatest economy ever built. And that foundation was so strong, instead of coming weekly back, or going in the other direction, because this is coming back and we havent totally succeeded yet. We will soon, but we havent killed all of the virus yet. And yet you look at these numbers. That is based on a very Strong Foundation we built, a Foundation Like no other, ...

Yeah, look, we saw the market rally and the vibs rally earlier this week. Just a terrible sign the 6 0 the vix the vix is the gauge, supposed to go in opposite direction. And spear downturns. That said, over bought as we are, its actually good. I went back to 1985 when you have periods where you are as overboard as we were, you tend to have 3 corrections and no more so lets have the 3 correction. Lets watch out for the stocks trading. David portnoy, the most important force i believe in the market by gunning the cruise ships and in gunning the airlines oil. At least his cohort was doing so wat...

There are two parts to the story here. The first is the spike in coronavirus cases which the market seems to be shrugging off. But the second part is stimulus, extension of the ppp program. Which is more important right now. At least when it comes to investors. I think the shrugging off part is the most important. Investors saying no matter what happens with the coronavirus well not go back into lockdown and number two, the ppp and other stimulus measures will over the past several months help dampen the blow lets say. Jackie right. Sometimes the markets can be spot on sort of looking forward....