Page 14 - Jon Ferro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The regime changes that are out there in our medicine, the pandemic, as with about the american economy. James bullard of st. Louis will join us here in a moment. What we would really like to do is talk about the regime changes that we see right now in the market. To me, it is a very correlated list up off of the navarro uproar of 14 hours ago. Jonathan what a move overnight, whipsawed by Peter Navarro, who set the u. S. China trade agreement is over. The president of the United States, his boss, coming out and correcting him. The confusion on that issue is massive over the last couple of week...

You just heard steven major of hsbc talk about the recovery that is out there, and it is a mystery. Already come our conversations this morning have really showed the massive ambiguity we have going into 8 30 this morning, and then jons conversation with Lawrence Kudlow near the 10 00 hour as well. It is an extraordinary day. An up market, and some stasis in the bond market as well. But we have said this all morning. It is not just about the payrolls report for the Establishment Survey. It is about the slew of Economic Data we get out today. Jonathan it is also not just about the data. It is a...

The s p 500 is up. 75 . Stoxx europe is up 1. 72 , the car and the Banking Sector doing well. The dollar is also up, or if paying attention to. And you are seeing higher bond markets. We had a very strong payroll number. The Market Reaction, Oil Initially positive, its certainly beginning to fade and beginning to feel a little more riskoff. Certainly did 20 minutes or half hour ago. Alix lets update the numbers. Let change in nonfarm payrolls 8 million overall. You also had revisions up for the month before back in may. The unemployment rate, 11. 1 . Add in some other factors, it 1 . 1 higher,...

Most interesting across this nation, the uncertainty of the pandemic. Indeed, around the world as well. I was under struck the and delics of mexico, in india is in a crisis. Jon ferro, the sensor folds right into a fourday work week jon ferro, this intro folds right into a fourday work and a jobs report. Jonathan the low as 500,000. When you see a range that wide, it is safe to say that no one really has a clue. In deutsche bank, they missed the retail vshaped bounce we got as well. You get the feeling that economists are pretty much flying blind right now on each and every data point. Jonatha...

Banks face. I do want to point out, governor bailey of the bank of england writing an important essay for Bloomberg News today. That will be a point of discussion as well. This,bramowicz, i look at the reopening of new york city. I am going to be at lunch on the sidewalk today at 12 00 noon. How are you going to celebrate the reopening of this great city . Lisa i have no doubt you will be there. Beefully i will also out. I love how restaurants are blocking up streets and sidewalks to expand their seating. You can feel the energy starting to come back. Theres a question, how many people will co...