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July 16, 2024
Billion people. Tom it is nothing more than a states rights issue in the united states, the tension between the federal government and the 50 states. The size of the fiscal stimulus is extraordinary, way more than what we saw from president obama in 2009. Just as importantly, the impulse of the fiscal stimulus over the short term is truly at a wartime level. Francine we are also getting some e flow figures. This is the month of march, german business confidence, and the index is 86. 1 instead of...
July 16, 2024
To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months...
July 16, 2024
Stimulus. Is there fiscal stimulus in the United Kingdom . Francine there is fiscal stimulus. One of the first things we covered a couple of weeks ago was this treasury and bank of england acting together. The u. K. Probably has to do more, but they were at the forefront of it and they acted in a coordinated action of fiscal and lending to businesses. The loans and credit lines will make a big difference but it depends on when the economy gets back on its feet and when people start going back to...
July 16, 2024
Bring a malaria drug to u. S. Patients. Global equities make gains amidst tentative signs of Risk Appetite. Surges as President Trump says he may intervene in the price war. Welcome to a daybreak europe. We have seen 30 Central Banks cutting rates this week. 1. 5 trillion dollars of fiscal stimulus pledged worldwide. We have started to see stability in the market. Asian equities, excluding japan. Yesterday, we did not see limit up, limit down circuit breakers. In fact, we saw a little green on t...
July 16, 2024
Is rounding off the top 3 at 42000 now taking a closer look at this nation with reported deaths over 550 cases at this point so in an effort to fight those rising numbers in this country the u. S. National guard has been activated in 3 of the hardest hit States New York california and Washington State now almost half of all the u. S. Cases are all in new york state alone. And several states have also issued a stay at home orders for their residents with some even ordering nonessential businesses...
July 16, 2024
Everyone watching parts of the economy shut down all at the same time is like nothing we have ever seen. Superlatives to compare past plunges, but everyone is trying to compare it to what experiences is this similar to. I have heard from people today, and no one had some obvious analogy, whether the cry natural whether the financial crisis, the wake of 9 11. Everyone of these past events was in some way a reminder of this, and that is what makes this so extraordinary. Scarlet and economic damage...
July 16, 2024
The enemy column c. Resilient the coronavirus india grapples with the Financial System riddled with bank thats and indonesia cold in the middle of an old price of. Counting the cost all around you see it on. All ringback these little. Link i would describe myself as an ordinary guy living in ordinary life this week. Im a single dad and the schoolteacher. But im also living another kind of life. The life that has such special characteristics we dont have so much writing all we have are folk tales...
July 16, 2024
Beijing says mainland infection rates are falling rapidly. The virus continues to wreak economic havoc. Data shows acrosstheboard slumping china for the first time on record. Shery lets take a quick check of the markets closed in the friday session and how u. S. Futures are reacting to that emergency rate cut. We are seeing u. S. Futures accelerating losses at the open, down more than 4 despite the fact we saw another emergency rate cut by the Federal Reserve and President Trump expection x rest...
July 16, 2024
Where the air land borders are shut public gatherings are banned find out next why. Closer to a full lockdown as a coronavirus continues to spread. Go online to entertain their fans tearing up challenging time for millions of. Australias major sports leagues look to be heading towards a shutdown the aussie rules season has now been suspended but football and rugby go on. Well everyone has just gone 10100 hours g. M. T. Coronavirus cases being reported around the world indonesia and thailand repo...
July 16, 2024
Investors say there is little chance of warding off a recession. The bank of japan is next. Governor kuroda may be more aggressive as the virus further weakens the economy. U. S. Futures start trading in the negative right now. Under pressure right now. 3 percent. Even after we saw the worst day since 1987. Forident trumps travel ban europe not today well with investors. Take a look at what we saw throughout the session. It was an incredible day on the s p 500. The fiveminute trading. If you can...