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Transcripts For BLOOMBERG Whatd You Miss 20240713

Bear market. You consider the fact of the last 13 days, nine of them we have seen a move greater than 3 . Today you have a move of close to 5 . 6 at one point. This after the move yesterday. This is clearly not normal and it does feel like we are trading in a bear market whether or not youve actually surpassed that. Certainly not normal. We havent had two backtoback gains in this market going back to february abigail taking a look at whats been happening in the markets right now, she is standing by to give us an update. Truly a brutal day for stock risk assets around the world but especially in the u. S. Coronavirus fears, what that impact could be on the Global Economy and growth estimates. Here in the u. S. We see the declines are greater than they are around the world. The dow down 5. 9 in a bear market. The s p 500 is you were talking about flirting with a bear market. It does feel like a bear market whether we are technically there or not with the relentless selling day after day

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