On the u. S. Economy. Down now about 3. 5 or so. Small caps artificially underperforming for the fifth time in six days. All on concerns about the strength or lack of strength within the u. S. Economy. I do want to take a look at the vix. If there is any bright spot going on, it is that it is hovering below 50. It is the first time going back to march 11, so it looks like there could be a little bit of an improvement here. Certainly feels better than the height of an 80 handle that we had. We do start to get more comforted when the vix is falling along with the s p 500. Traders hoping to find a floor here. Nextre starting to see the falling a little bit again today. I want to flip up the board. Ending on a light note. That is something we are trying to do everyone to a while. Its all about what you are doing if you are working from home. Apparently, we are going to be drinking. A lot of alcohol purchases. Week ofcreasing the march 21. Aree of thewin most, 66 and 75 . Beer, about 42 . V
Coffee 1000. 00 storm is now coming to all the sea theres of course. The u. N. Renews its call for a global ceasefire to help combat the virus. New york is in crisis helping new york. Another appeal from the governor of americas worst hit state is new york records more than 100000 coronavirus cases and nearly 3000 deaths. And almost right for picking but australian farmers fear their fruit will rot if they cant get enough workers. So then the financial damage caused by the coronavirus pandemic is now quote way worse than the 2008 Global Financial crisis the stark warning has come from the head of the International Monetary fund Christina Georgieva says the trillion dollar war chest will now be used to fight what shes calling a worldwide recession this is a crisis like no other. Never in the history of the i. M. F. We have witnessed the World Economy coming to a stand still we are now in recession it is way worse then the Global Financial crisis we have one trillion dollars war chest an
Hospital. And has some parts of asia tentatively reopened to the outside world other schools their doors for a 2nd time. People are going to die in the near term due to a lack of ventilators that was the stark warning from the governor of new york in the us said his states is the worst hit in vats country with the number of cases breaking the 100000 threshold in the past 24 hours meanwhile its been revealed a massive hospital ship berth in new york city to take a ferry isnt normally covert patients the so far treated only 20 people well in london the 1st patients can now use a new 4000 bed facility set up in a Convention Center the nightingale hospital. Its called was created in just 9 days will the u. K. Has no seen more than 3000. 00 deaths in a row is brewing after 2 countries accuse the us of hijacking deliveries of protective equipment both france and germany say hundreds of thousands of face masks were diverted to america and canada is investigating similar claims and to underlin
Ventilator that is what is going to happen. The number of deaths in france has increased by more than a 1000 in the past day and they bring spain the total of current confirmed cases is not exceeded its elise for the 1st time the European Commission says its struggling to procure large numbers of ventilators quickly and that Member States are scrambling to manufacture their own obrian reports. Maria espen are can only speak to her mother through a distant window 85 year old concepcion lives in a barcelona nursing home one half of the elderly residents have been isolated with suspected coronavirus but if concepcion tests positive and is isolated herself in rio may never see her again. These are the people who have gone through a lot they have got post will actually dont die like this its very sad very sad they dont deserve it. On friday the European Union executive admitted its struggling to procure large numbers of ventilators quickly and Member States are scrambling to manufacture the
Spending the lockdown blues people around the world stuck at home the turning to music and anything else they can think of the philippine endless hours. Im anthony how did welcome more than a 1000000 people around the world now have confirmed corona virus infections and over 55000 people have perished the United States is still very much at the epicenter as we look now at the very latest developments around the world and in the u. S. They have registered the worlds highest daily coded 19 death toll thursday so 1169 confirmed deaths from virus related causes there south korea has refused entry to foreigners who refused quarantine measures all of a series of rivals including south korean nationals are. Us alight for 14 days and germany now has more than 80000. 00 confirmed cases and over a 1000 covered 19 deaths but the leader of the countrys Disease Control institute says the new data is indicating a slowdown in new infections even chancellor Angela Merkel says the data is cause for som