And the pandemic could double the number of people going hungry around the world. And finding ways to stay in business how small shopkeepers in iraq is survival in the coronavirus restrictions. Now with the pandemic throwing world all markets into turmoil donald trump says his government will bail out the u. S. Industry the president told his energy and treasury secretaries to formulate a plan to make Funds Available to ensure the survival of american oil and Gas Companies well that follows an unprecedented collapse in u. S. Prices because of a plot in supply the u. S. Futures market dive deep into negative territory for the 1st time ever on monday the lowest the price of the benchmark u. S. W. T. R. Blend sank to minus 37. 00 a barrel the International Benchmark brant crude is trading at around 20. 00 a barrel but thats still its lowest price since september 11th attacks in 2001 we have gay. Real amazon though on wall street tracking the fallout of the us oil crash but 1st our White H
Or oil industry up to prices that dip into negative territory for the 1st time in history and why the constitution and tradition are making it difficult to slice of the coronavirus curve in japan. The thank you for joining us the current a virus pandemic could lead to famines in thousands of countries pushing tens of millions more people around the world to the brink of starvation a un report has highlighted the vast number of people around the world who are now acutely food in secure the World Food Program has requested 350000000 dollars to set up a network to keep humanitarian supply chains moving around the world. There are no examples yet but i must warn you that if we dont prepare and act now to secure access avoid fundies shortfalls disruptions to treat we could be facing multiple famines of biblical proportions within a short few months the answer is it we take will determine our success or failure and build a Sustainable Food systems as the basis of stable and peaceful societie
Country. It is going to be a tremendous feeling up optimism. I think the Third Quarter is transitional. We are transitioning into, but it is a transitional period. I think it is going to do good. I think the Fourth Quarter is going to be fantastic. I think next year, all of the fruits of what we have done together between the doctors and Business People and yourself, thank you very much, you are a doctor, all the work from the task force, the people that have worked so hard, we will have a tremendous year year. You will start to see that in the Fourth Quarter, maybe even in pieces of the Third Quarter. That is very transitional. Is there a day of reckoning coming back out vonnie no, pres. Trump no, it is about growth. We could have done it the other way, you spend you dont spend anything and you are flat for years. We have to throw money at it. But we drove money of at the people that lost money unfairly. You saw people yesterday at the white house, they were down and out and became al
Welcome to the twilight of the index funds. I think thats the great untold torrey er t story. For years, lots of very smart people told us that index funds were the best, if not the only way to invest. Instead of trying to beat the market, they argue that you should just buy a cheap indecision fund that mirrors the s p 500. But sometimes trying to mirror the market is a bad strategy take the s p 500 you have to own so many havenots along with the haves during this pandemic its changed everything. That at best now, with the coronavirus, youre betting on mediocrity why would you want exposure to troubled Industries Like retail, oil and gas . I know the index fund orthodoxy will never truly be defeated because theres a kernel of truth in it. But man, in this environment, where you cant go out and spend money without fear, even if you just got a 1200 check from the government, youdont have to b a genius to know that the cruise lines are untouchable. But what about the winners, though, what
Wall street is in party mode now that joe biden is the front runner in the democratic race because they know that if he gets the nomination they have nothing to worry about do they fairly that ferran cousins from trial lawyer magazine to talk about this whats your take on this it was like party on wall street there they were popping champagne corks and this you know it was just so obvious that they love this guy because they know hes not going to change anything for right right we we went through days and days of just the stock market tanking because of kobe had 19 and then suddenly joe biden 1st gets the endorsements from club charm buthe gedge and at that point the Health Care Stocks on monday of last week took off super tuesday happens market opens wednesday to a huge rally and these investors the economists they all say its because of bidens victories. And some of them some of them who run the financial houses out there actually said this happened because joe biden is not going to