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Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cru...

What the governor said a moment ago, he is tired of being behind this virus. We have been behind it, playing catchup from day one, trying to put a plan in place that puts him ahead of it, plans what he believes will be the apex in terms of the virus and the impact on the state of new york in the next two to three weeks. Before we go back to the numbers, another thing the governor mentioned in albany a moment ago, his brother chris, who host as nightly program on cnn, is positive for covid19. His symptoms, according to cnn, are mild. Chris cuomo will continue to host his nightly program, they s...

Though still awaits aprooul from the house of rep sentives. That vote expected tomorrow. Jobless claims surging above 3 million americans, far outpacing the record of 700,000 and also well above what economists were looking for around 1. 5 million unemployment claims and the virus itself remains front and center for wall street as italy reports more than 6,000 new cases, the most in five days, the worldwide total now shy of half a Million People wilfred. All of the sectors of the s p higher up 4. 7 . All higher, but one to keep an eye on is energy it has been the best performing. Its now towar...

Treasury, the efforts to stimulate an economy in free fall jim, you got off a call or an interview it was a call as well with secretary mnuchin what stood out to you . That you shouldnt lay people off. I want to point out i got a correction, he said on Small Business payroll, two weeks, he meant two months two months means you do not lay people off without, i think im not saying its irresponsible but everything is being done to keep businesses open Small Businesses open. David, with the fed, i think theyve taken off to me anything involving credit the secretary talked about anything involving ...

Told that President Trump to declare National Emergency today. We know that the president is holding 3 00 oclock News Conference which he tweeted about earlier today so we will see the president before the cameras 3 hours from now. National emergency likely to involve the stafford act, not to get complicated. Stafford act involving fema and resources that come with fema. Bottom line the president to be taking next step which would be declaring a National Emergency as response to coronavirus. There were reports earlier today out of brazil that the brazilian president bolsanero tested positive f...