bull market seven, plastics. i asked frank mitch, he told us that polyethylene producers are seeing tons of rise from overseas and westlake, no, not the author, the chemical company think pvc piping that's doing well, too bull market eight is housing there's a shortage of publicly housing trades i prefer stanley black and decker and trex and they're all doing well sherman williams is standing out in paint, rh is the way to decorate, really good stuff on the website right now. go ask my wife about rh. obviously we just got a great quarter from lenard's. bull number nine, easier to just say stream things. we know the video game plays are on fire, and look at the one going on, take two interactive once they get their hooks in you they're hard to stop even these companies question the power stay of this move. buzzkill fauci said we can't have an nfl season unless everyone lives under the dome. that's not happening please come back, football of course netflix is the big winner from all this chord cutting and the analy

he's bull[bleep] he's bull[bleep] about stuff.: all right, well, why don't we let the dust settle a little bit? -sammy: okay. -lemonis: all right? sammy: got it. lemonis: the blow-up between sammy and joe gives me real concern. i know we have a management problem, but i need to put that off to the side and get focused, because we have a meeting with the first potential franchisee. how are you, john? -john: good. how are you? lemonis: good to see you. i'm marcus. i'm blown away by the interest that we already have with the concept, but closing a deal here today will give us real momentum. we've gotten a lot of applications -- almost 800 -- since we kind of launched the concept. and so one of the prerequisites we have is that there's significant restaurant experience. do you have it? -john: sure. my wife's family has been in the restaurant catering business for almost 50 years. i have a background in design and construction. lemonis: well, clearly your background is qualified. why don't we take a look at the menu board? john: you've

there's always a bull market somewhere and i promise to help you find it.money" starts now not hallelujah ♪ i'm cramer, welcome to "mad money. i'm trying to make you money my job is to educate you, cnbc or tweet me @jimcramer nothing is more exciting than the catch-up tde

market begins >> we had one of the longest bull markets on history that probably ended with one of the shortest bear market in history. look at lehman aggregate if you're looking to pull money out, that index is up 5% if you're preparing the value of equities in the world of near zero rates, what's the long term value of that opportunity. fang stocks that get put at the target here. they hold half a trillion dollars in cash. the stock market right now, yes it's been driven by a few concentrated megacap names but has a lot of room to run you just need to look for it one area we have been focusing on is what we call the sneaky cyclicals. areas that have been hit by their own mini bear cycles or cyclical recovery stories and those that can be found in health care out of all the names you can think of >> you come to us today as the portfolio manager of largely high growth tech stocks, right >> that's right. >> you growing more cautious, more nervous about some of your positions as it relates to growth >> everything is cyclical to a degree the point on tech is a fair point. i recognize what

bull sanitizer is anyplace cash, chips or cards are used. the hotel will be open. >> reporter: no spa services either and novelli parking. >> i do anticipate lines outside. >> reporter: staff with counters will monitor how many are inside and once a capacity -- >> it will have to be one out, one in. that is the way it is going to have to be. >> reporter: almost all of the 2000 employees who were furloughed will be coming back. some of them in new tasks such as sanitizing and security. frank, thursday, 8 am, doors open and then it is 24/7 running after that. >> it is so great that those employees get come back. debora villalon live tonight, thank you. >>> the department of corrections says it will release some inmates to prevent the spread of the coronavirus within the state prison system. qualified inmates with six months or less to serve will remain under supervision at home for the rest of their sentence. it will also be offered coronavirus testing. inmates who are serving time for domestic violence or serious crimes are not eligible. >>>

. >> hey, kathy, congratulations you've probably been the most outspoken bull on the name this is not a gotcha question but just an opportunity to explain to the audience, i don't think anyone is more bullish than you are, yet you actively trade around a long position, can you explain why you guys and gals do that. >> sure. well, you will notice in our flagship fund tesla is our largest position at about 10% right now. as it rises above 10% we can only buy up to 10% when it rises above to 12% or 13%, and sometimes just above 10, you will find us taking profits. and the rb -- reason for that, disruptive innovation is inherently controversial so we know we can lie in wait and have another opportunity as bears folk on the short-term -- focus on the short-term. tesla in trading opportunity alone last year, forget about the fact it was up 35%, just our trading activity around the incredible volume volatility delivered 300 bases points on performance. in another 2014 down market year our trading alone in tesla contributed 175 basis points so trading around controversy pays off you know, tha

bulls do not mind a little bit of a pullback.i reiterate that if we have a pullback to 2800, i think that will be feasible and will not scare any of the bulls at all. many bulls were happy to buy for those eight days in march at 2400. so buying at 2800 is not so scary that the world is falling apart. i don't think there will be any panic. the real opportunity in the world will still be in the u.s. the u.s. equity market will not be a bargain. it will just no longer be so expensive. thank you somore, much for getting me started. mark cudmore looking at the markets for bloomberg from singapore. we are going to do a lot more on the markets all the way through "bloomberg surveillance peter: we will get -- bloomberg surveillance peter: we we will get hyman -- ed hyman with us. gdpstian keller on -20% possible for europe. please stay with us. this is bloomberg. good morning. ♪ francine: this is "bloomberg surveillance." tom and francine from london and new york. the economy shrank just over 20% in april over the virus lockdown. the con

eye the the middle of the bull's eye is where the tick bite actually occurred and then it spreads out you have to clear skin then you have some another line other circle that spreads out over the course of a number of days. i caught it early several years ago and they gave me a atta biopics and all's well that ends well but if you do see that if you have been bitten you want to get attended right away correct. yeah actually i think it's a really good idea the good news though is that it takes a good 24 hours for the tick to transmit lyme disease so i think if you take a shower after going outdoors right after going outdoors i think that's a pretty good start now once a bacteria has been transmitted of course symptoms like that bull's eye rash that you mention can occur anywhere from 3 days to a month afterwards fever and chills muscle aches fatigue and joint pain or other things that accompanying it and the problem is that it's important to know that lyme disease might be misdiagnosed if symptoms are mild or especially if to buy wasn't just wasn't seen by your health care provider mak

there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate, teach context. call me 1-800-743-cnbc tweet me @jimcramer. >>> yes, we're consumed by social unrest and there are pictures from around the nation. we're shocked that the peaceful protesters have created an opening for looters and police sometimes can't tell the difference between the two even from a purely business perspective, you'd think people smashing up major retail destinations like the flagship macy's would be bad for the stock market, right? every time the market looks like it's about to get clocked we get a stay of execution. dow gained 268 points. nasdaq advanced .59% last night after president trump's fire and brim stone law and order speech, our futures plummet. declaration of war replete with threatened deployment of the u.s. army. that's not the job, they're

. >> i call bull[bleep] to that. is there anybody that does anything competent down in the florida keys? >> with resources stretched thin at multiple locations... >> you want me to order it even though there may or may not be enough money to pay for it? >> don't worry about that. >> u.s. key lime pie company has failed to make a profit on $1.4 million in sales. if i can't get this owner to focus on his core business of pies... if we don't make, we don't sell it--end of discussion. this business will crumble. >> i really don't want to filmed during this. i really don't. >> my name is marcus lemonis, and i fix failing businesses. 2.5 million people visit key west a year, and you only sell 40,000 pies. i make tough decisions. we're closing the store. we're done. i'm not talking about it anymore. and i back them up with my own cash. >> check that out. >> it's not always pretty... >> tired of this bull[bleep]. >> but this is business. >> we're gonna have a battle on this one. >> i do it to save jobs... i got to get some s

a bull is muscular, fast, has horns.u're going to end upd when i'm bull riding because i'm thinking about keeping my form good. it's very important to believe in yourself. if you don't, you're doubting yourself. you got to believe that you can. unpredictable crohn's symptoms following you? for adults with moderately to severely active crohn's disease, stelara® works differently. studies showed relief and remission, with dosing every 8 weeks. stelara® may lower your ability to fight infections and may increase your risk of infections and cancer. some serious infections require hospitalization. before treatment, get tested for tb. tell your doctor if you have an infection or flu-like symptoms or sores, have had cancer, or develop new skin growths, or if anyone in your house needs or recently had a vaccine. alert your doctor of new or worsening problems, including headaches, seizures, confusion and vision problems. these may be signs of a rare, potentially fatal brain condition. some serious allergic reactions and lung infl

in the north it was called bull run because a bull run creek. this is where this was found. this was an artillery shell fired out of a cannon and weighs ten pounds. you can see it is shaped like a bullet. it came out of a rifled artillery piece cannon. and went farther than say a revolutionary war cannon. it has a fuse and would explode and this would go much farther. it was much more accurate and it would explode -- explode making it much deadlier than anything they would've seen in the revolutionary war. it's heavy isn't it? >> oh yeah. >> anyone else? >> questions here? >> if that is the case, i also have other things if you want to see. basically articles of clothing, what you would have been wearing in july and manassas if you were in the union artillery. bull. (laughs) this is what people were wearing at the time. the soldiers were wearing will pants, will sleep -- shirts with long sleeves, jackets. you would have been burning apart. yes ma'am? >> i wanted to know, how did you gather all of this stuff? and also, i noticed there are some initials on that gun. is it your

there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to crcramerica other people want to headache -- make friends, want to make you money. call me or tweet me @jim cramer. the dow plummeted 162 points after jay powell made down beat comments about the economy just as coronavirus cases were spiking in the south and the west today the fed chief once again made it clear that the economy remains weak and we're seeing more gigantic coronavirus spikes in the south and west this time the dow surged 527 points as it jumped 1.90%, nasdaq pole vaulted 1.57%. how is this possible how is it possible goes down gigantically, same thing, next time goes up two key differences. first the fed is planning to buy individual corporate bonds to ensure companies stay afloat if we had survival of the f fittest, powell is doing everything to limit carnage, survival of everybody. second, we had the biggest sales gain in history up 17% in may. that sounds very v-ish we have a super accommodati

a new bull market began on march 23rd.e just fighting and disavowing and qualifying telling all the reasons why this is nothing more than, i heard bear market bounce from the day of the low when i was on this show here with you, and each and every day since. i can't believe people are going to wait until all-time highs before saying, oh, yeah, a new bull market did begin. charles, it is not only the 50- stat you just quoted but there are like a rocket ship. number of stocks going up on a given day. we've had numerous thrusts there. walter deemer, a great old technician on twitter has his own thrust. there is plenty of confirming aspects along the way that this rally is not just a bull market. doesn't mean we're going to straight to new highs tomorrow, this quarter or maybe even this summer but certainly all the elements are there for a new bull market to have launched. charles: keith, on the idea of a new bull market, this week, with have seen more of that rotation and, you know, with the tech stocks, communication service

finals, bulls against the jazz. game tied at 86. everyone thought it would be jordan taking the shop for the win, but instead he assisted to steve kerr who knocked down the game-winner, the bulls were winners for the fifth time, kurt had his second and an . that one has to go in steve kerr's memory banks, along with those of michael jordan and all those bull-fans. >>> thank you. coming up, tonight at 10:00 we are going to take you back to vallejo, where a large crowd is calling for justice in the police shooting death of sean much rosa, that is a 22-year- old man from san francisco. activists are calling on police to release video of that confrontation immediately, so we are going to have more on this story. that is coming up tonight at 10:00. >>> thank you so much for joining us, and thank you for making ktvu your source for news. we are always here for you, we are online all the time at ktvu.com. we are constantly updating that, and we are also on facebook and twitter. and you can download our ktvu news app as well. we will see yo

there is always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you money. my job not just to entertain, educate, teach call me 800-743-cnbc or tweet me at jim cramer. dow gaining 154 and s&p advancing and nasdaq climbing 1.1% but underneath, it was insane after a big dip at the opening, the market came roaring back into the black. this was a day when both the recession stocks and the recovery stocks worked long term that's just knot sustainable. sooner or later, someone, one of these two groups has to be wrong but short term as we're taught, anything goes. let me break this one down for you. this market has two big themes, completely contradictory and a third team that's down right apocalypse first, the american awakens train. the people who buy into this thesis, well, they believe the government made a terrible mistake locking down the economy. i'm part of that group we won't make that mistake again. now

hard here but but what are we seeing in markets today it seems like that rally that we've seen that bull run over the last couple of days at least is fading. well the u.s. equities are under quite a bit of pressure today and we're seeing the reversal of what happened yesterday so a lot of the names that hit all time highs yesterday and such as like trans ocean that rose about 50 percent yesterday they all reversed course and tank today and vice versa with a lot of the stocks that drop yesterday meanwhile they're flying sky high today so you do see a little bit of a reversal in the markets right now especially across cruise lines airlines and all of which have made really broad gains on monday and today they're under a lot of selling pressure however on the other hand you also have apple and amazon and the rest stocks all banking all time highs right now as investors continue to concentrate back into that whole trusted thing group so right now it does seem like the recovery rally is starting to lose steam and bank of america actually reported that client sold about $3200000000.00 worth of

the mlb will require masks for nonplayers in dugouts and bull pens. there will be no spitting, that includes smokeless tobacco or sunflower seeds, no communal food spreads, no fighting, to name a few. america's pastime, alex, will look quite different when it returns in many respects. what do you think of all this? >> 2020 is a year of adjustments, it's no different with baseball. when you think about a world, wolf, if i was still playing for the yankees, i would be driving through yankee stadium through washington heights to the bronx in my pinstripes. there's no bat boys, no bat girls, nothing going on, you can't spit, like you mentioned, no tobacco which i don't do, but even sunflower seeds. you go into the office, think about you not being able to use your computer to email someone. it's a strange season. >> alex, major league baseball is planning to have teams travel to various stadiums around the country rather than playing in one centralized location. are you confident the league can actually keep players safe and staff safe when they're spread

that led to strom thurman and a fellow from alabama who was in the delegation named bull conor to walk out of that convention to go to birmingham and to found the state's rights party to make an argument and run on segregation itself. this is all the day before yesterday. and so we can't congratulate ourselves that somehow or another we have moved out of that. it's quite the opposite. i dislike it when people say this isn't who we are because clinically, rationally, a simple reading of american history is that this so who we are, or who a whole lot of us are. the real question is, who do we want to be? >> eddie, then the last question is to you. conservative columnist george will wrote this week that president trump must be removed, so must his congressional enablers. yesterday my colleague kasie hunt asked a whole bunch of members of the g.o.p. lawmakers about what happened in d.c. on monday night, and i just want to share that with you. >> senator mcconnell, was what the president did last night the right thing to do? senator? nice to see you. what w was what the president did last n

. >> reporter: meanwhile the county district attorney, ed bull, sitting in the back of the courtroom, been watching closely. what would he do now? >> coming up -- the fates were not quite through with the carter family. >> i got right into his face. i said, why did can you kill your mother? there would soon be an act two. >> what is the biggest thing you have going in your favor in this thing? >> there really was no significant evidence against jason carter. >> when "dateline" continues. a gum health concern as well. you know, i talk to dentists every day and they're able to recommend new sensodyne sensitivity & gum. it's really good dentistry to be able to recommend one product that can address two conditions. you know what's good about this? your sign's pointing at my sign, so people are gonna look at my sign. switch to progressive and you can save hundreds. you know, like the sign says. >> reporter: with the civil case decided against jason carter finding him liable for the death of his mother, the district attorney decided it was time to act. less than 48 hours after that civil ve

charles: jeff, okay, so macro, we know you talked about a long-term bull market but within the bull market would suspect from time to time you change up where you're more heavily weighted, looking for earnings to come back next year. does it make a difference how you're positioning yourself? >> in a bull market you know, just about all stocks rise. i think the markets are looking past potential softer earnings and softer economic statistics, looking for much stronger rebound in the third and fourth quarter. i maintained i think this will be a v-shaped rebound. the retail investor is not just cautious. they're still scared to death. there is $3 trillion on the sideline, charles, before this is over, that money will find its way into equities. i think stocks will be substantially higher over the next four years. charles: you're not saying just throw a dart, are you because some people are buying pier one today? >> at capital wealth planning we are five-star-rated we buy large cap, dividend rated stocks increasessed dividend 15% or more over past five years. i think that is where you want to

long-term, i think it speaks to a bull market. guy: that's interesting. the ability to carry risk over the weekend is something traders are thinking a great deal about. thank you, jc. we will carry on the conversation about what is happening within these markets a little later on in the program. we will have more on the turbulence and the influence. cio is comingd up next. this is bloomberg. ♪ guy: i am guy johnson with alix steel. this is bloomberg markets. an amazing story, hertz is trying to take advantage of this stock rally. a bankruptcyng+÷ judge to let them sell $1 billion. moved upvestors have the price. that happened in the space of a couple of weeks. it had a lot of people scratching their heads. of what isomatic happening in the markets. particularly with retail investors engaged. the cio is joining us to give his take. it is kind of emblematic of what is happening in the broader markets. of anday was kind accident waiting to happen. the magnitude was massive. give us your sense of what happened in the market yesterday. who got hurt? how does i

let's just say that the bull market started in 2009 is still intact. actually be seeing the melt-up phase in the market. i hope not. if this thing becomes too much of a bubble, then we are going to have a whole other problem with the next six, to 12, to 18 months. but evaluation is not cheap. but it is hard to measure evaluation off of actual earnings because actual earnings are taking a dive. the market is clearly looking beyond the abyss right now and the market is basically saying that for all the terrible things that have happened, the up to date lying earnings capacity of most companies has not been affected, this they are going t-mobile able to come back and earn what they were -- that they are are going to be able to come back and earn as much as they were at the end of 2019. >> one of the things that would you upset tray progress would be indebtedness on the consumer side that would tip people over to bankruptcy. you are not fareful of that? >> well, i think there are going to be some after shocks from way call the great virus crisis. the after

civil rights act of 1864 and the of 65 came inact the tracks of bull connors vicious dog. to paraphrase, it's the morning we find hope. it's in the morning we find hope when we mourn. but it's going to take more than talk. before.alke we have protests before. we got to now about to make it's at least an era of action and reversed the systemic racism with a long overdue concrete changes. the action will not be completed in the first 100 days of my presidency, if i am fortunate enough to be elected, or even in my entire term. it's going to take the work of a generation, but this agenda will take time to complete, it should not wait for the first 100 days of my presidency to get started. a down payment on what is long overdue should come now, should come immediately. i call on the congress to act this month on measures that would be the first step in this direction, starting with real police reform. congressman jeffries has a bill to outlaw choke holds. congress should put it on the president's desk in the next few days. there are other measures to stop transferring weapons a

in the north, it was called bull run because of bull run creek. but that's where this was found and this was an artillery shell fired out of a cannon, weigs 10 pounds, but it's shaped like a bullet. this came out of a rifled artillery piece cannon. it has a fuse and it would explode and it would go much farther much more accurately, and again, it would explode in making it much deadlier than anything else you would have seen in the revolutionary war. >> oh, geez! >> it's heavy, isn't it? >>yeah. anyone else? if that's the case, i have other things if you want to see basically articles of clothing. again, what you would have been wearing in july at manassas if you were in the union artillery, wool. so this was what people wore at the time. these soldiers are wearing wool clothes, wool pants, long sleeves, shirt, jacket, vest, and that's -- it would have not only being unpleasant being fired at, you would have been burning up hot. yes, ma'am? >> i wanted to know like, how did you gather all of this stuff? and then, also, i notice there's like some i

bull.lcase will see rates of negative territory so you go buy gold. how strong is that thesis for you? ed: the thesis is there for the longer haul. we are therefore continuing ratcheting up of prices. look at gold and what has led to selloffs. three since the first of may. those selloffs have been partly based on the need for liquidity. it is kind of a thin market, and when there is a need for liquidity, holders of gold are selling it. if we see another drop in equities, it is surely going to bump into where the goal level is. we are seeing continued, all the weaker flows, etf flows and over-the-counter flows by buyers into gold, but there are some strong limits. one of them happens to be the lack of jewelry demand. on top of that, there is a lack of central bank gold demand after a run of more than a half a decade of very strong central bank gold buying. so, we are not the bull at the moment. we think there was going to be another pullback. if we go back below 1700 again, that will be a cl

that's right 5,000% we're going to speak with one of the companies biggest bulls on why she says the run may actually just be getting started and always remember as we start to travel a little more. get out of the house, you can always watch or listen to us live on the cnbc app from where ever you may be. a little more traffic and a little more activity there new york's times square. we're back dow futures up 179 >>> all right welcome back it's been a wildly profitable time for long-term tesla investors over the last decade the company making its trading debut ten years ago today at $17 a share. now if you were smart or lucky enough or knew a banker and got in on the ground floor and held on, that investment up more than 5,000% of course it's not been a completely smooth ride with elon musk generating headlines along the way. >> we had an incredibly positive outcome from the smartest investors in the world [ cheers ] ♪ >> we have an amazing product to show you tonight >> it's what goes into making the model three. >>> welcome. welcome. >> it blows my mind and i think it will blow you

there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you call me 1-800-743-cnbc tweet me @jimcramer. >>> we have protests all over america, then many places turned into riots what does the market do? rallies. dow gaining 92 points, nasdaq climbing 8.86% how do we interpret the market is the market heartless in response to the plea of the protesters is the market making judgments about the difference between violent protest and passive resistance i know many people wish it would. they want the market to be part of the debate. they want it to play a constructive role in the dialogue over racial ee qualiqur go down to express empathy for the troubled times we're living through. that's not how it works. the truth is the market's blind because it has no eyes it's deaf because it has no ears it's a convenient abstraction, not

there's always a bull market somewhere and i promise to help you find it.ney" starts now hey, i'm cramer. welcome to "mad money. welcome to crcramerica other people want to headache -- make friends, want to make you money. call me or tweet me @jim

i have a did find a consolation goal in injury time when viewed at a busy bench top the bull home in what is believed to be accountants last game for the club was disappointed to throw away a clean sheet but they finished 21 victors nevertheless. champions league football were times to go out for the 1st time since 2016 much of the credit goes to sporting director max has built a strong team on and off the pitch. it's difficult to beat and unique during a season to come to the champions league this great. possibilities and it's feel like a championship events greater signing has undoubtedly been. the german coach has given a platform to take the game to the next level even if he's humble about his impact . those who know me know it's not about me chief this together and my staff have been welcome here i have great structures in place and inherited a team that was full of quality and ready to wear. the squad is now ready for a well deserved posse that will be big expectations of the bulls eye and his talented team next season but if they can build on this year's accomplishments they'l

the school is now ready for a well deserved posse that will be big expectations of the bull's eye and his talented team next season but if they can build on this year's accomplishments they'll be turning heads in europe. look at banks triumph disappointment for leave a case and they knew heading into the match against minds that a victory on its side might not be enough still only because i'm a determined to put themselves in the best position possible strange then that coach peter bosh left style mankind how that's on the bench. leave of his in the starting 11 let's face however as they stoned into an early lead now d.m. and miri slip the ball to kevin fun and he latched on save the team and said i. push is pressing system created the challenges we've just seen minutes on the clock. never seen his scans goal of the season. he was in the shell 10 minutes later leon bailey we stand a dangerous cross. it was a stretch to cut off a flash like what. my suspicion full with themselves but leave accuse him of forcing them to shoot from distance. down the last is if it's all 8 minutes worth b

there's always a bull market somewhere and i promise to help you find it. cramer. welcome to "mad money. welcome to cramer. other people want to make friends, i'm trying to make you some money my job is not just to entertain but teach you call me 800-743 800-743-cnbc or tweet me at jim cramer we're experiencing a new set of games that start a

>> yes, i think it is the beginning of a bull market rally.ou can't underestimate the effect of what the fed did, pouring trillions of dollars of liquidity into the financial markets. one, it stabilize the real economy and you can see that by the recent unemployment numbers. two, it assures the companies will not go bankrupt during this complete shutdown. we think that as we go through each quarter, we will see surprises on the upside. inould say this huge move the treasuries and stock market has been due to this massive liquidity that has ported in a short time. taylor: all based on the fed. is any of it due to the cheap evaluations we had in the march 23 selloff? margie: yes, the market on march 23, even at the time clearly reflected very negative outlooks for the recovery in the economy, not only in the u.s. but globally. since then, we have seen modestly improving statistics for the virus. but more fundamentally, we have seen market enthusiasm come back simply because the market has responded so well to these backstop liquidity measures. a

i know you're a bulls fan >> of course i have, of course i have.al little seen myself in the background. there i am right there! play that back. yeah, that was an exciting time to be a chicago bulls fan many i got the hat on because i'm "last dancing" today. but it's a great thing. and it's very fascinating to watch. people keep, are starting to, it's too much for some people. they can't take, like both back to back. there are people who go i can't, it sort of knocks them out. partly, i think they arrive, they come exhausted. but they think, i think it takes a lot out of people, you know. takes a lot out of people to watch it. >> jimmy: did you ever have a memorable experience with michael jordan? i know many people are always having memorable experiences with you. is there something that comes to mind when you think of him off the court? >> well, i made the movie "space jam" with michael jordan. we'd go play three or four holes of golf with larry bird and michael jordan. that was a lot of fun. i did play a shootout deal at the western open in chic

the noise of the last two days, the huge bull market we have been in, settles down.get you the futures. the futures are up 4. dow futures up 29. the vix settling in at 34. much better than where we were two days ago. he wrote a blistering essay for bloomberg opinion two days ago. or dollar.ng wake im in the nextto h hour. stay with us worldwide. this is bloomberg. ♪ save hundreds on your wireless bill without even leaving your house. just keep your phone and switch to xfinity mobile. you can get it by ordering a free sim card online. once you activate, you'll only have to pay for the data you need- starting at just $15 a month. there are no term contracts, no activation fees, and no credit check on the first two lines. get a $50 prepaid card when you switch. it's the most reliable wireless network. and it could save you hundreds. xfinity mobile. tom: 42% off the march bottom. a third talk about wave. combined market havef $2.8 trillion, they illion of cash on hand. future shock is here and now. good morning, this is "bloomberg surveillance."

at miri slip the bull to kevin fall and you latched on see the cheating have. bush's pressing system created the chums the just 2 minutes on the clock. and gnashing his hands goal of the season. in the shelf and minutes later leon bailey whizzed in a dangerous cross. but. it was a stretch to cut off a flask like. my special with themselves but leave a few some we're forcing them to shoot from distance. down the losses if it's all 8 minutes worth of the bomb. because in we're in control of the 2nd goal was elusive healy and baumgartner couldn't convert this flowing move just before time. to get to do their part to qualify for europe the hosts kept driving after the break. up of the substitute mitchell vines that was barely denied by the post. might slip to have shouted all hopeful of a coups in the 49th minute by only for the assistance trying to deny them an equaliser replays confirm jumpseat matija was in an offside position a warning sign for bush. it was labor couzens turn for primitive celebrations on 67 minutes most a day of the squirmed away from 2 mites

a lot of it was political agitation, a lot of it was just bull. a lot of it was learning about what we would eat that day. >> i was representing the student body, but he was a student committee of various people. we are trying to now come bats and say that no amnesty would be granted to students under any circumstances. the question for amnesty is a political question, our legitimacy to protest has to be recognized before we can negotiate. >> there seems to be a lot more dignity among the students now because they feel that they have a right to say that things are saying. that is why i think the amnesty issue has been raised and a re-raised 70 times here. we have had to reassure ourselves by issuing votes of confidence every 30 minutes. because people are not sure whether they are supposed to be guilty for what they are involved in, and the whole issue of demanding amnesty first is to show that we have rights, and until we get those rights, we have to act in a coercive way. >> the hangups that are usually present in any collective organizing were

>> well, it's very hard for him not to see that as a bull horn. it just is. i do know in the beginning, maybe they didn't understand the significance of june 19th, but it was quickly pointed out and they were going to continue. it wasn't until there was tremendous pushback that they decided you know, to change the date. >> all right, before i forget, i want to bring up something that we're reporting in washington post today about what happened in lafayette square when the president pushed back or had protesters push back on lafayette square to going for the photo op. more details in the planning and execution. and law enforcement personnel from the secret service, park police, national guard. we're now learning there were guards from a u.s. penitentiary in hazelton, west virginia who were there. is congress going to investigate. >> yes. >> investigate this? and could you talk about why it's troubling that u.s.-- is that federal penitentiary officers were involved in what happened in lafayette square? >> first of all, congress is going to investigate. that's n

in pa debate, well it continues to rage own, is this a bull market pullback?still in a bear market? tweet me your thoughts @cvpayne. bull market, bear market. >>> talk about a coronavirus baby boom looks more like a bust ♪ ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah ♪ hey, hey ♪ charles: despite the magnitude of the stock market rebound more professional fund managers think we're still in a bear market, although a lot fewer than a month ago. 78% of those fund managers cited in the bank of america manager survey says the market is overbought. sounds like a buy signal. we have katherine rooney vera and francis newton stacy. kathryn, let me start with you, these fund managers they're wrong a lot more than they're right. i think they're the perfect contrarian indicator but they're saying this is still a bear market. where do you think we are? >> well, can't be a bear market by definition if the fed steps in to purchase assets anytime the market drops. so what would have been a bear market, charles, will not manifest even if it was required to occur. let's say that the u.s. economy

market again, cyclical bull market, secular bull market, we had our recession between the two cyclicalnd i am very much of the view we will get to 200 at some point. i don't think it will be in 2021 but it will be the outyears. i think the bigger request he to ask is what's the composition of the earnings going to look like, will it be narrow in some of these big platform companies or more broad across a bigger part of the economy including, for example, the banks and industrials and materials and some of these areas that have been left behind i think it's more the latter and i think that's a healthier environment for the equity market overall. >> he have with the fed talking today. it depends on how long they stay this easy, too as things get better you can't count on as much stimulus from the fed. we have to run now, mike we will check back in with you i have to say that was a good call from down in the low 2000s on the s&p here we are almost to your bull case >> thanks. >> we will see you final check on the markets, we will take a quick look we have the dow now in positive territory

. >> you do think we continue in the start of another bull market and folks are skeptical that the bull market will be as strong as the last one you don't have stock buy backs for instance so is that good news or does it mean that this one could still disappoint us because it's not that vigorous. >> most bull markets if not all of them begin with very skeptical readings of the initial phase of that movement coming out of a very difficult time but a weaker trending dollar and steeper yield curve. that's where the cyclicals in a global expansion this time around we think it is a global expansion if you take a look at the stimulus and liquidity out there and the markets are telling us this. we're likely to see them catch people off guard that are still on the sidelines which is why we think it's a more powerful advance than most people believe. >> we're also getting numbers about just how high the global debt load is to get through coronavirus. what does that mean for the future does it have any investment implications that you're aware of >> there's two phases to this. initially it's push

run because of bull run creek. in this was an artillery shell that weighed 10 pounds. this came out of a rifled artillery piece, so it could go much further, so the cannon near firing this, this would go much further, much more accurately and make much deadlier than anything you would have seen in the revolutionary war. it is heavy, isn't it? basically, articles of clothing, again what you would have been wearing in july. this is what people war at the time. wool, jacket. >> noticed there are some initials. in the day? >> i'm old enough, they were issued to me and i just kept them. this is part of my profession. i have been doing this for years. some of these have been personalized by soldiers 30 don't see it as much, but in the south this was captured by a southern soldier. a lot of times in the military, you spend time board, and so you will see things like that. this one over here, you can see a lot of the guys personalized their muskets and what else do you do when you get bored? here is a bullet -- a weight fo

and the bulls say don't fight the fed.son that when the fed comes in with an announcement, i mean, it's not necessarily all priced in. and there is this element of the liquidity to sort of wash ago way the bad news what do you do about all that? >> well, exactly so last week there was a worsening of the virus and he was sounding down beat about the outlook for the economy. so with the fed, i mean, the fed sounding negative about the outlook. that should be positive for the market it's going to keep them more accommodative going forward. powell is a smart person but nobody knows what -- where the economy is going to be six months from now. but what he did tell us is that the fed is not -- the fed is going to be there at the ready to provide as much liquidity as possible regarding the covid-19 headlines, they got worse towards the end of last week, but eastbound if you strven if t hospital rates, they're on the decline nationwide i think you may have certain areas where some hospital capacity -- hospital rsz sayis reaching c

in per capita deaths by may july nevertheless thousands of bulls and also boarders are marching on the streets calling for and ends to the lock down as the country faces creeping unemployment. we're a movement with merchants from all over so small ones to businesses generating jobs in the city i was a peaceful protest to raise awareness among local authorities towards the need to reopen businesses in a conscious and responsible way. we are being barred from working sure kilmeade 19 is out there who need to live with it until we find a definitive q work be that a vaccine or something else we're desperately asking our leaders to let us go back to work one could say this is a low point of the pandemic for brazil who knows what new threats polson are will face as the death toll continues to spiral out of control and who knows what he'll do if it means staying in power. no sooner does france lift its ban on protests because of code 19 health workers head back out onto the streets to remind the government about its pledge to help medical stuff support hospitals our team charlotte does. devin