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Transcripts For ALJAZ Oceans Monopoly 20240713

The worst dow point loss ever the previous 2 record set just last week as the markets were closing in new york and washington President Donald Trump was asked if the country was in a recession well it may be without thinking in terms of a recession with a good in terms of the virus once we step i think theres a tremendous pent up demand both in terms of the stock market and in terms of the economy and once this goes away once it goes through and were done with it i think youre going to see a tremendous a tremendous surge the trading day was so bad the president of the New York Stock Exchange had to shoot down rumors that the Trading Floor might close down tweeting closing the markets would not change the underlying causes of the market decline this would only further compound the current market anxiety. Over the weekend the Federal Reserve lowered Interest Rates to nearly 0 hoping it would call in the markets it did not they lower the rates on sunday market is telling us that theyre no

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