That continues a down trend but only just. A spike in new virus cases, especially arizona and texas. The words second wave have some investors worried. The Federal Reserve, well, jay powell sees the effects of the virus dragging on the economy until 2022. Thats not the rapid recovery the administration sees. Larry kudlow joins us in our 11 00 hour. So what do you do . Do you hold on to the stocks youve got, do you buy this dip . That was successful in the past. Or do you get out and take your profit while you can . We will try to answer at least some of those questions. Politics. Joe biden says President Trump may try to steal the election and joe biden says the president promotes racism. His words. This as demonstrators create what they call a no cop zone in downtown seattle. It was created overnight. The president is not happy about that. And this afternoon, mr. Trump heads to dallas, texas. We expect to hear from him about Police Reform and maybe about any new help for the economy f
Battle to defeat the coronavirus is only intensified. Thereve been some have s questionedof the wisdom of the senate coming back to washington and convening. But i think we need to be here. We need to do our jobs. We know how to do this safely, we know how to social distance, we h know how to wash our hands, not touch her face, those of the responsibilities each of us bear to one another not to spread this virus. But if there is such a thing as essential and nonessential workers, and i dont think that distinction is one we should discuss, because 26 million americans are not nonessential workers they are absolutely essential to our economy and to our way of life. Make no mistake, selfgovernment is essential under any construction, any definition of the word, our system was not made to run on autopilot. So is appropriate we show up, do her job, and we protect the American People and do everything we can to defeat thiso virus from a Public Health standpoint but also to do whats necessary
Time to lessen the economic pain, which we are clearly suffering. Meanwhile, fox news has blown the lid off the china virus story. Reliable sources suggest the virus began at a virology lab in wuhan, china. Patient zero, the first person to get it, was a lab worker who went out into the city and spread the virus from there. Now, the chinese authorities covered it up. They delayed action. They altered data and suppressed doctors and journalists who reported the truth. The story is an indictment of china and the communist authorities. It will dramatically change the u. S. china relationship. Heres how the markets reacting to all of this. We got bad news on manufacturing in the philadelphia and new york area. We got a sharp drop in Housing Starts. And weve got those dreadful jobless numbers. But the dow is going to open on the upside, maybe up 90 points. Thats almost a half percentage point. Same story for the nasdaq and also, look at the nasdaq, actually, thats going to be up more than 1
A controversial idea to 14 in new york and its neighboring states where the infection rate has so. Bust thank you for your cooperation thats the message from chancellor Angela Merkel as she asks the german public to stay patient saying restrictions on public life will continue for at least 3 more weeks. Im calling aspen thanks for joining us the coronavirus is reaching across the globe and just starting to spread more rapidly now across africa with more than 1000 and factions south africa is the worst hit nation on the continent the country has just begun the us 3 Week National lockdown and local authorities are taking a hard line in forcing it or i dont know modern the army is out on the streets here in one of johannesburgs poor neighborhoods its trying to enforce what seems difficult for many staying at home for the lead while about family lockdown means 6 people sharing 12 square meters. Normally only happens at night when they sleep and they have no Running Water they have to colle
Fans in belo roost are a rare exception in europe theyre still attending soccer matches as life in the Eastern European country goes on largely unchanged despite the Global Health crisis. Im nick spicer thanks for joining us the code 19 pandemic could prove especially challenging for countries without advanced health care ventilators gloves face masks and hospital beds are all crucial and theyre all severely lacking in gaza authorities there worry the virus could be impossible to stop more than 2000000 people in the palestinian territory live under strict blockades from israel and egypt. Its been less than a week since the coronavirus reached gaza who already its clear that the territory is woefully i. 100 quid to cope with the pandemic well thirtys are doing what they can. Does the municipality is organizing the cleaning and sterilizing of the markets in an attempt to prevent the spread of the corona virus. Were doing this despite being short of facilities and equipment. It is our dut