Did we get hammered today . Because investors are finally starting to realize that the coronavirus is a very Destructive Force for economies. Dow plunges 228 points s p plummeted. Nasdaq, 1. 79 . As profit takers came out in forces, especially in big tech, recognizing the chinese economys going to go maybe offline. And going offline cant be good news for the United States the 30year treasury, well, it fell to record lows. That worries me. Yes, thats got to be a dangerous signal and not just a windfall for home buyers, right . All the action seems to el us the bad news out of china is finally translating into bad news almost a total delayed reaction. Should have been a week ago. Because our economy remains deeply intertwined with theirs so many of our companies rely on chinese suppliers for everything from trim, like in clothing, to buttons, essential medications, components, all sorts of technologies were really much more intertwined than people realize. I think were right to be worrie
Tank. Forail we had big gains u. S. Stocks, big rebound rally, but not so much for the emerging markets. The emerging markets index closed down fractionally. Over the last 10 days, 10 days in a row, that is the longest losing streak since 2015, the worst since the Fourth Quarter of last year. Was down ahead of the volatility. Macro concerns around a trade war and everything else, including the fed. In white, the s p 500, in yellow, the emerging markets index. Rebounding from the big selloff last year, trading mainly in lockstep. In april, it started to turn down ahead of that pullback from the s p 500 in may. Liquidity and trade war concerns. A bit of a recovery for both. The s p 500 at the market recouped or than one third of the losses today. It is a good time to focus on the stocks most susceptible to a trade war. My colleague cameron created the trade war index. 25 stocks at least 5 billion in market cap and derive at least 15 of their revenue from mainland china. This revenue has
Dollars on the profits we make from setting oil in american dollars. Go back to washington. So its pretty easy in a sense, isnt it . Economically speaking for washington to say the fact that you just simply watched buddy, were not listening to you. Yeah, this is evident, this was maybe the, the uh, the rule of the game like before attacked the uranium attack. But it seems now there is a new rules for, for, for the game and remedies to all, all, and may be in the world. The american stars also to, to, to be more careful when it comes to, to extend this noise on other countries. I mean, theres just, since i talked about the all new york, many other countries that, that is, that was in the end, the so of the, of the american, they the victory to this invade, they did not want to be a, they are based a military base use by the american the i so i do apologize for giving me threw up to you. Im so sorry, sorry, but youre absolutely right. But at the end of the day, as you say, there are a nu
After an accident forced the roadway to close in both directs in lyndon, tonight, traffic is still backed up. Sky fox over the scene tonight. Now. The traffic is still backed up for miles hopefully will be cleared up by the morning commute. Stacey deli it cant secaucus now. Stacey. Reporter well, dar i, it was not just the jersey turnpike that was backed up. Nearly every major roadway in new jersey was clogged up this evening as drivers tried to maneuver their way home. Route 3 cleared up around 8 30 tonight. The northbound lanes are open on the turnpike. The southbound lanes do remain closed. The backup is still 8 miles long t. They tell us tonight, they do expect to have everything reopen bid the morning. So this is insane. Rodney summing up the ex earns on the new jersey turnpike today. We if went from bumpertobumper with the detos to bumpertobumper on ear. It is frustrating. Very frustrating. The backup stretched for miles and miles after a dump truck overturned and caught fire at
Interface. There are many ways of accessing the brain. They take electrodes, place it atop the brain, which follows or ne rds narrow signals urosignals. Ferried to aion is computer, and algorithm, that takes the information and transforms it into an action command. Perhaps it is moving a cursor from left to right or moving a robotic arm. It is using computer and algorithms to read and tension from the brain. Intention from the brain who discovered them . Malcolm that is controversial. People have been using electrodes in the brain for a very long time to determine various types of movement and try to understand how animals initiate movement. 1999, researchers realized they could take the recordings and could figure out, based on the rhythms of the firing patterns the cells were creating to enact certain movements, they could recreate that movement. The early work was done in mice models and the plea moved on to monkeys and humans. What is the practical effect of bcis . Malcolm the medi