Up 0. 8 nonetheless. A lot of companies suspending guidance, but a few green shoots as well. For example, cap talking about upsizing for example, gap talking about upsizing its bond offering today. That is really rallying today. 11. 8 monthere down over. Month for retailers in general yen strengthening today month over month for retailers in general. The yen strengthening today. Waiting for the ecb later this week, as well as the fed, for some forward guidance. At 13. 15. Ng the vix at 32. Companies withdrawing guidance at a rapid clip this quarter. Our next guest says we need an event that could offset the black swan pandemic. Lets welcome Jason Trennert, strategic us Jason Trennert, Strategas Research partners chief investment strategist. Say, as aave to market for does but, i am not counting on it. Ash a market participant, i am not counting on it. It is certainly not my lane, but i think all the experts i have listened to would tend to think that the white swan event in terms of a
At least 130 people across the being used. Well explain. Region have died. And getting in to see a doctor a push to flatten the curve has facetoface might seem impossible, but one company focused on convincing people to wants to help change that. What google is doing to help you stay home. Santa cruz show theyre serious find a doctor where you live. About that and theyre getting get ready for a warming National Attention over how they trend, temperatures around parts of the bay area in the mid to responded. They issued 7,000 worth of upper 70s this week. The timing on the warmup when we return. Citations who veered into santa cruz on a nonessential visit. Heres the story. Shelter in your own town. That is what the police chief tweeted. He says he means business. This is a tweet from the Santa Cruz Police chief that sparked a buzz. Seven young men getting citations that could cost them up to a thousand dollars of violating the sheller in place order. Whats not clear to people, Public He
A briefing by the Coronavirus Task force updating the governments response to the pandemic. He was joined by Vice President pence and medical and health officials. Thank you very much and i see we have fewer people because of the virus problem. We appreciate you being here. More andetting to be more social distancing and that is fine. It is the way it should be. It is too bad. We extend our best wishes to the people affect the. He or she willat be better very soon. Thank you for being here. America continues to mobilize every segment of our society to turn the tide in the battle against the virus. I want to americans to know that we will get through this challenge. The hardship will end and will end soon. Normal life will return and our economy will rebound strongly. In the midst of this Great National trial, americans must remain united in purpose and focus toward victory. Every american should know that the sacrifice you are making at this time is saving lives. It is very important t
Pres. Trump thank you very much, and we have fewer people because of the virus problem, and we appreciate you being here. This is getting to be more and more social distancing, and that is fine, so it should be. It is too bad and we extend our best wishes to the person thatted, and we feel sure he or she will be better very soon. Thank you for being here. To mobilizeinues every segment of our society to turn the tide in the battle against the virus. I want americans to know that we will get through this challenge. Soon,rdship will end and and normal life will return and our economy will rebound strongly. In the midst of this rate national trial, americans must remain united. Pleaseingle american know that the sacrifice you are making is saving lives, many lives. It is important that we protect our asianamerican community in the United States and all around the world. They are amazing people and the spreading of the virus is not their fault in any way, shape, or form. There were killing
And bank ofs, citi, america all reporting today after j. P. Morgan and wells fargo yesterday. The pboc cuts mediumterm borrowing costs again amid expectations of further easing, after the imf warns this years downturn could match that of the Great Depression. We are just under an hour away from the start of cash equity trading across europe. Lets take a look at how futures are trading. We had gains in the cash trade yesterday in europe, with the exception of the ftse, and big gains in the u. S. To close the session last night. Mixed trade in asia as the earnings season began to kind of way on some investors sentiment. As a result, we see european futures down this morning. Nasdaq, u. S. Futures down as well, about two thirds of 1 . Lets get you the bloomberg first word news from the terminal. President trump says he is suspending u. S. Funding for the World Health Organization while his administration reviews its response to the coronavirus. He says the who was slow to share informatio