Worst. Yep. Talking about the coronavirus. Which the needs now tells us cannot be contained. And thats really why the dow plunged another 879 points today. S p 3. 3 , and the nasdaq 2. 7 on top of yesterdays hideous losses the dow has now lost 1,911 points in a row. Thats a decline of 6. two days now, you dont need me to tell you that this is serious stuff, especially if the director of the National Center for immunization and respiratory diseases told us this afternoon to now expectist significant disruption in our lives. Instantly that became conventional wisdom, thats the reason we told off so hard of course it is more complicated than that, right the stock market is following the much larger fixed income market where buying yields are currently hitting record lows. All sorts of maturities. The ten year is at 135 . The stocks got crushed the market is screaming that this pandemic will cause dramatic decline in Economic Activity both here and around the world. When the bond market sp
Ad, charlie the tuna got shot down sorry charlie. Starkist did not want tuna with good taste, they wanted tuna that tasted good i dredged it up because today the market rejected charlie. And they went with tuna that just plain tastes good solid real, clean copies with no flaws and consistency. If you look at the averages, this would have seemed like a sedate day nasdaq declining 2. 30 when you dig deeper, there was a major rotation out of the charlie the tuna stocks. And in to plain old albacore packed in water. It started yesterday when the banks reported better than expected especially with the curb of them being able to make money off of your deposits. The banks have so many other robust earning streams that we dont have to fret about the yield curve as much as we once thought. There was an 8 Revenue Growth and the stock roared from 116121, it was a bank to be it was pointed out the consumer continues to be quite strong, end quote. Hey, gloomers and doomers, listen to jamie. The mar
The real surprise was the pathetic action in the slowdown stock. We got powerful evidence the Global Economy is deteriorating and the stocks that should be rallying, they rolled over let me walk you through this one. Last time we got devastating news from basf its a german enterprise thats the Largest Companies on earth they make pesticides, consumer products, practically everything it was a very, very big deal when this Gigantic Company said they might need to slash the fouryear earnings forecast by 30 . Ouch what did they site for the outlook . Weak car sales and crop sales and our trade war with china it was a truck back and also a powerful reminder the trade conflict hurts more than american and Chinese Companies the damage is spilling all over the rest of the world. Now we got real concern, real reason to be worried while the Federal Reserve believes business is strong, something that chief powell might opine upon, the weak forecast from chemical giant basf suggestions that the Gl
and this is dateline now she s a married mothe of two she was a kindergarten teacher there s nothing about her life that would raise any red flags she amazed them all her whole group of girlfriends at the gym she was totally dedicated say how, they re turnaround you ve gotten smaller. a stunning 200 pound weight loss, and a whole new life cam without. you can see tha transformation you can see the confidence i her. then, she was gone. missing at school. i caught all the girlfriend will find you one where the other. the clues, an email to he husband, and a secret she wa reluctant to share kind of a bombshell how there was possibly seein another man. what was really behind he sudden disappearance that would be the most mind-blowing twist of all. do you think that heather would still be alive if sh hadn t gone through this transformation the welcome to dateline. heather jones, a motivationa teacher, had shed pounds and her past she was starting to
behind bars. that sham trial starting today. plus, the ceo of my pillow still propping up fox with his ads. so how much money has mike lindell poured into the fox empire? it s a you ll see first outfront. and a chilling discovery. the fbi arresting a man for trying to bring an explosive onto a plane. the explosives were said to be lining or hidden in the lining of his suitcase. let s go outfront. and good evening. i m erin burnett. outfront tonight, taking it directly to putin. russian soldiers whose comrades are dying en masse are tonight appealing directly to the russian president for help. translator: our command has replenished our unit with new mobilized six times now. this is evidence of the incompetence of our superiors and of the whole unit. please help. there is nowhere else to turn. just to break that down, these mobilized men are saying that their unit has been replenished six times. think about all that death. it is horrific. and what is most signifi