Скачать или смотреть A key takeaway from earnings will be companies' comments on how they're preparing to reopen: Emons

Ben Emons of Medley Global Advisors discusses whether investors can read much into corporate earnings over the next few quarters, given the impact of the coronavirus pandemic.

Treasury Secretary Steven Mnuchin said Thursday that he believed it was possible that the U.S. could open back up next month.

“I do, Jim,” Mnuchin said after CNBC’s Jim Cramer asked about reopening the economy in May. The comments came during an interview on CNBC’s “Squawk on the Street.”

“I think as soon as the president feels comfortable with the medical issues,” Mnuchin added.

The Treasury secretary said that the administration was doing “everything necessary that American companies and American workers can be open for business and that they have the liquidity that they need to operate their business in the interim.”

The comments came shortly after the Federal Reserve announced new moves designed to get another $2.3 trillion of financing for businesses and municipalities.

The U.S. economy remains effectively halted amid government efforts to stop the spread of the coronavirus.

President Donald Trump said last month that he hoped that Americans would be able to pack churches by Easter, though the administration later released guidelines calling for social distancing to continue at least through the end of April. Trump declined to provide a date for a reopening during a White House briefing on Wednesday.

Trump is already stepping up efforts to reopen the economy. The president is planning to create a second task force designed to focus on the response to the economic devastation that COVID-19 has wrought, a senior administration official told NBC News.

For access to live and exclusive video from CNBC subscribe to CNBC PRO:
https://cnb.cx/2JdMwO7

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook:
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC
#CNBC TV