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Tries to recover from yesterday. The premarket is up. Alcoa and pepsi on the tape. They continue to lean on short siders. The tenyear is up and crude is up and oil is back. The imf trimming the global and u. S. Forecast seeing World Economic growth of 3. 3 for the year. U. S. Growth seen as 2. 5 compared to a prior 3. 1 . Not a surprise echoing what the oed and others have done. You have Christine Lagarde telling our fed, guys think twice before you raise. You is want to remember they are a tough organization. There is a lot of feeling the imf must be a bunch of softies. They are very tough. They are very concerned. Merkel is the naernperson that can shut down greece more than Christine Lagarde. It confirms what people felt was behind the two days ago rally, the fed wont be tightening. When you dont talk about them ....
And this morning, we are at nearrecord hospitalizations. President trump now admits the situation in america will get worse before it gets better. And he has suddenly and remarkably changed his tune on masks. For months, hes refused to wear one. Now he says everyone should. And he admitted that only now is his administration trying to come up with a National Strateg strategy. We are in the process of two developing a strategy thats going to be very, very powerful. In the process. Why only in the process . What about the last five months . What does that mean for the 142,000 americans who have died . Overnight, california passed new york as the state with the most cases, although it should be noted, new york probably had a much higher case rate, just not enough testing back in april. In south texas, one doctor says it has been a name with medical staff stretched to the limit and breaking down emotionally. In arizona, doctors are ....
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