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dress your nest from sherwin-williams.side pick up, and get 30% off paints and stains, june 19-30th. for all your painting needs, ask sherwin-williams. >>> good morning, everyone. happening today city leaders of pittsburgh will hold a virtual round table to discuss race, discrimination, injustice and and the pittsburgh police of chief are all expected to take part. the public is invited to listen. you must register in advance on the city's website. it starts at 10:00 this morning. >>> good morning to you. here's how it looks in san rafael where we still have mostly cloudy skies but that is going to change. and looking at a little mist and drizzle along the coast. it's 66 in mountain view, so looking at sun in our inland valleys and clouds here in the city. first day of summer arrives today and we'll look for numbers in the city to be in the 60s but breezy. upper 80s to near 90 lpd. >> thanks for joining us. the news if yoyou'll get 2 vyears or 20,000 miles of scheduled carefree maintenance. 3 years or 36,000 miles of 24/7

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ask sherwin-williams. we're offering curbside pickup.d morning >>> welcome back to "gma." hope you're doing well this wednesday morning. >> yes, and we are going to do a little bit better because we're going to get a picture popping fr -- pop-in from robin, and my favorite part. i get to see amber strutting through the screen. >> oh, amy. i tell you what, it is a chance, it is a chance, it is a chance, yes, for the morning crew to come in as they do. right, thank you very much. thank you. oh, my gosh. they look forward to this every time. but we want to say hello to our past audience members this. is cathy and terry from oregon and they were in our studio in october of 2018. cathy sent us this new message. >> good morning, america. i'm cathy from oregon, and i'm a proud covid survivor. i'm going to be donating my plasma in hopes of helping others. when i was hospitalized for five days, "good morning america" came in to my hospital room like it comes into my living room and it gave me a little slice of normal and i thank you for that. >>

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you're talking about sherwin williams makes paints, whirl pool for appliances. of the price action since the covid lows have reflected the moves higher and the general sense that things are getting better and the housing market will improve as a result. >> thanks very much. let's turn to the albertson's ipo. we've heard this before but they are expected to price after the bell they tried to go public five years ago and failed let's bring in leslie with the latest >> hey, that's right a bit of a deja vu here. if you haven't heard of the grocery store albertson's, you may know the other brands like acme, safeway and randles. tonight after two unsuccessful attempts in recent years, in 2015, albertson's filed all of its paper work but ultimately people balked at the $12 billion debt load. they tried three years later with a merger with rite aid but shareholders opposed that combination. so here we are in june of 2020 in the middle of a pandemic where demand for groceries is higher and the coil's debt load is lower and the private equity owners may finally get on cas

can ch can sherwin-williams -- >> i like it since they bought valspar. i'm just giving it to you. i'm giving it to zack. it's a winner. by the way, not a lot of competition in the paint business all the companies combined >>> why don't we go to mark in iowa mark >> caller: hi, jim i'm a new investor that bought delfi technologies when it was low. they're being bought out by borg warner, late quarter 3 or quarter 2 or quarter 3 sometime. now i need to better understand how that affects the company's value when it buys out another company like that, or is there more value in selling -- >> borg warner is down the next one is to run i know when i say run, there are people actually running stocks these days they ran the hotel now they're running the airlines the next thing they're going to do is they're going to run the autos. that's just my prediction and borg warner is the one they're going to run magnum is the best in the segment. you know what i mean go read my besought entwitter file i can't bear to get through. disgusting frankly i'm disgusted by it. i don't need twitter any more

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essential, clearly we didn't realize. >> no painting none of us have helped with the painting sherwin-williamsarkets you're looking at the dow off 71 points nasdaq off 7 points. s&p 500 looking to open up 6 points american airlines announcing it will see 3.5 3w8d in new financing. plans to sell $1.5 billion in convertible notes and another 500 milled facility. they are trading lower as well stay tuned, you are watching "squawk box. larry kudlow on the other side of this break. can i find an investment firm with a truly long-term view that's been through multiple market cycles for over 85 years? with capital group, i can. talk to your financial professional or consultant for investment risks and information. he is white house national economics accounts director. great to see you thanks for joining us today. maybe we can start with the number of coronavirus cases. we have seen more cases out there. i know part of that is we're doing more testing higher percentage of tests have positive results. >> nationwide, becky, the positivity rate is still quite low. well under 10% i do agree the numbers q

and sherwin-williams as, they have been proven to be somewhat recession resistant and really strong balance sheets. not everybody is going to return to work and we are going to see longer term unemployment, low credit, at least low rates are indication how bad the economy is. so we still need to be somewhat a little more conservative about the stocks we're choosing. ashley: hank, let me go to you, talking about picks, we're seeing a cycle of money coming out of the rebound stocks doing well recently, now selling off again. money going into the big tech stocks that make up nasdaq, do you like big tech here? where else are you looking? >> i think you have to like big tech. i agree wholeheartedly with what erin just said but i think it is equally important that investors focus on what not to buy. we would not buy the have-nots of retail, macy's, kohl's, gap, tapestry to name a few names. we would not be buying airlines. they're too cyclical. they're for traders. not investors. we're investors. avoid energy as well. we might get a rebound in energy, the long-term of dynamics of supply and deman

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