Could be 41 percent higher than the government is reporting. A dire warning from the u. N. The pandemic could double the number of people around the world who are going to go hungry. And im peter sim to go to sport you a fur and its Member Associations holding a teleconference on tuesday to try and work out a way to finish the football season. Donald trump has declared that he will suspend all immigration to the u. S. To protect american lives and jobs from coronavirus which he calls the invisible enemy the move announced on twitter is in line with what hes trying to achieve throughout his presidency mr trump won the white house in part on a promise to build a wall on the Us Mexico Border his administration has since cracked down on both legal and illegal entries under an executive order and 2017 the president did ban travel from several muslim majority countries but was later modified after legal challenges and since february and march traveled to the u. S. From china parts of europe
Formally thats where they stop, unlike the oil futures hallelujah. And thats why we got hammered dow plunging 632 points. S p plummeting 8. 37 nasdaq nose diving 3. 48 the house of pain yesterdays futures in negative territory terrified people if you have to pay to get rid of a barrel of oil or a bank that lent to a bunch of oil companies, even though futures rebounded, oil is above zero the more representative june futures plunged to zero digits before rebounding to the teens in the afternoon its not a good sign in other words, today the real physical world of commodities interfered with the paper world of stocks. My cyclical side says we rally hard from the bottom for not much reason. Since the paends the dow crashed to 18,000, and back to 24,000. Dramatically oversold to dramatically overbought quickly. Maybe we got ahead of ourselves. Sure, it looks like we slowed the coronavirus. More on that tonight youre going to like it i think. Were still seeing thousands of deaths per day and
It took a tumble in less than six weeks and then rebounded 36 of the lows from april yesterday. The s p down 34 from february 19 to march 23, less than five weeks. Crazy to think about how quickly that fall came then we were back up 30 off the low for april. Joe . If you used april then i could get to 82 years i dont think sorkin was listening to me. I was i said, no, i dont remember. You are always saying maybe i wasnt around for that here is my proposition for you, andrew sell in may is a common expression go away ive never felt more like selling in may than i do right now. I have to be honest. It is not just you. Look at the dow this morning down 454 points. Just to test whether this kind of thing works. It would be impossible for me to go long with money what was he, 163 or something. I saw another guy say it is going to be so hard over the next year that we are looking at another 40 drop others that say the average recession that the market doesnt bottom for 11 months although jim
500. Hi everybody this is bulls bears thank you for joining us im david asman joining me on the panel today Jackie Deangelis , adam lashinsky, jonas ferris and gary b. Smith good to see you all. Here is white house economic counsel director larry kudlow giving the good news to our own Stuart Varney earlier today. Listen. Usmca can i just pause on this . I mean, these kinds of trade deals are like tax cuts. They open market, they lower barriers, they provide strong domestic content on usmca just to here is the deal. You look at the midpoint of the Economic Growth estimates. It will add threequarters of a percentage point to gdp. It will add more or less 35037 5,000 new jobs per year, and probably at least 100 billion additional direct Foreign Investment into the united states. David so Jackie Kudlow is arguing what we have is a fiscal stimulus that this is going to make us grow a lot more than we have been. I dont think hes wrong in that regard and were watching see how it actually impa
Foreign affairs committee, ted yoho and Gregory Meeks. Later we will hear from the director of iranian studies at Stanford University. At Stanford University. [video clip] our Great American forces are prepared for anything. Appears to be standing down, which is a good thing for all parties concerned and a very good thing for the world. Host from yesterday on u. S. Action toward iran. He discussed the killing of the iranian general and announced sanctions and vowed iran would never possess a nuclear weapon. This is the washington journal for january 9. Our first hour dedicated to your trumpts about president the administrations actions. If you support it, 2027488000 is the number to call and tell us why. If you oppose, you can do so at 2027488001. Perhaps you are not sure at this point, 2027488002 is the number to call. You can text us your thoughts at 2027488003. And you can cspanwj post on our Facebook Page at facebook. Com cspan. A 10 minute speech about yesterday from the white hou