Page 6 - Creative Destruction News Today

A vaccine by the end of the year. A race against time in bangladesh is refugee camps after the 1st coronavirus cases are discovered. And hong kongs Police Watchdog clears officers of brutality after months of violent protests. Hello latin americas Coronavirus Crisis is accelerating Brazils Health minister nelson taisha has resigned after just weeks on the job the 2nd to leave the post in less than a month both he and his predecessor locked horns and president both so there are his plans to reope...

15. 7 . Sort of a proxy, this is old data a week older than the other data for the Unemployment Rate looking at the chart you can see it coming down tick by tick but leveling off and well hope it keeps coming down in the weeks ahead. Lets look at the states with most claims. California, 28 , michigan 23 of those who are insured or eligible for Unemployment Insurance getting that insurance there, down to rhode island at 28 . Look at the states with the fewest claims, two stories going on here, on...

Our Investment Committee today will debate it we are in the red for the s p and the dow. Were off the session lows like carl pointed out, it may have had something to do with the headlines coming out of the new york Governors Press conference where he mentioned a phased out idea starting this friday the dow industrials only down 140 points the s p down the nasdaq is tech stocks up half a percent 9165 the level there our Investment Committee are making some moves today. Steve, youre seeing a coup...

Good morning, everyone. Tom keene here. Thrilled to be with you, honored to be with you with your coverage of 10 downing street. How will the Prime Minister celebrate this important day . Are all going to be listening to another Prime Minister about 3 00 u. K. Time, tom. You quoted him talking about winston churchill. We will get a broadcast of what he said at that time 75 years ago. Interesting the parallels between then and now. Of course, limited as they are, certainly a very difficult time t...

Demand. Ng server taking a look at the csx 300, up three tens of 1 . China unicom out with numbers. It shrank in the First Quarter. Page, take ap the look at where oil is. From the uglylly selloff to below zero. Futures in new york rising. Climbing after falling to a 21 year yield. The old story is about Global Demand shock. About two unveil a supplement fiscal package after the economy suffered its worst contraction since the financial crisis in the First Quarter. Fiscal stimulus our next guest...

Dollaryen pushing a bit higher. You are also looking at the 10 year going no real place, and oil trying to stabilize as earnings continue to rollout. Honeywell the latest, suspending their fullyear guidance. Time for todays market moving news from new york and washington. Lets start with earnings. We are about halfway through the seasons. Oil giant chevron out this morning, cutting capex for the second time at about five weeks, warning profits will suffer. Bloombergs Annmarie Hordern has more. A...

The white house and the house of representatives seem to be in negotiation with the senate, a Republican Senate really stepping aside, and mr. Kudlow moving that forward. The oil story is absolutely remarkable, and perch yearly the confusion of the end of may futures, and over into the june futures as well. We are about ready on the spot market to get a 13 handle on west texas intermediate. Francine you are right, because of the change in futures contract, we could see heightened volatility in t...

Exceptionally broad and clear overview of the state of economic life. The actual conditions we face how those relate to those dark stories that we hear in our politics to the conditions americans havens experienced. Its fair to say that things are much better than politics and the critics of the market economy would suggest that we face risks but that mood are the most important it is a controversial thesis as a conservative i am resistant and being told everything is fine. But it is a very powe...

Managing risk right well that was a tool developed to manage risk but when that didnt work all the time 100 percent of the time bankers got their friends like jay powell lets look at this tweet from you are you ready for monday jay powell goes but. I get my spanish comes in handy there to know how to roll those are yes but once theyre Risk Management tools starting in 1987 when the portfolio insurance crash the markets the fed came into the rescue and as the fed puts well then weve seen since th...

Are living in a different environment completely and you have reported on World Affairs from all different kinds of directions in the worst tragedies on the planet but you focus on a class and oregon. Why . My mom still on a family farm in the fac place of a humanitarn crisis unfolding there. A quarter of the kids ar that we on my old number six schoolbus are now drawn from this and weve tried to process that. [inaudible] in from hepatitis he survived because he was in the Oregon State Penitenti...