Investors say there is little chance of warding off a recession. The bank of japan is next. Governor kuroda may be more aggressive as the virus further weakens the economy. U. S. Futures start trading in the negative right now. Under pressure right now. 3 percent. Even after we saw the worst day since 1987. Forident trumps travel ban europe not today well with investors. Take a look at what we saw throughout the session. It was an incredible day on the s p 500. The fiveminute trading. If you can switch up the board, you can see what happened throughout the session. We were down 7 . We did see a little bit of a bounceback around 130 when the fed came in with surprise Market Operations. We have the fed ramping up measures to help the markets and liquidity with more than 5 trillion being promised. 1 30, that Center Markets a little higher. That did not last long. You can see how the 10 year yield did manage to pervak some lower,e but it was still around. 8 . The same thing for the u. S. D
Just a few minutes ago we hit another record low. The nasdaq of course is obviously under stress as well, down triple digits. Then of course, the Dow Jones Industrials completely lower by 1,862 points, although i would point out the low of the session is a loss of 2,096. Let me take you back to four minutes after the open. Stocks fell so aggressively that the First Circuit breaker as its called, the level, level 1, to halt trading kicked in and that exact trigger would be the s p 500 hitting level 1, a loss of about 7 at that time. Now, after 15 minutes, this is what the dow was doing earlier on the new york Stock Exchange, after 15 minutes of the halt, stocks then reopened and thats when the dow promptly fell 2,046 points. At its low, 9 50 a. M. Eastern time exactly, coming within 200 points of a bear market level. In the last 15 minutes, the dow hit another new intraday low so we can change that 2,158, 2,158. Lets talk about oils response to this deadly Coronavirus Impact on the glob
A sense of whats been the as we were trying to film weve stopped my cameraman being schooled. By. For more information on those stories you can head to our. Top the hour with another woman. This is the kaiser report were in like los angeles Backyard Television production right under actual lemon tree making actual lemonade you know when the markets give you lemons its time to make lemonade right stacie certainly the markets have given a coronavirus and epidemic a pandemic the pandemic that wont be called pandemic because that would require more q. E. That is not q e of course so you know i do want to say as you can probably tell weve been in mexico weve been in las vegas and were in los angeles out in the suburbs where brady bunch was films and the thing is that i noticed while traveling is how amazingly unprepared most people are basically is one very simple thing you have to remember is dont touch your face dont touch your face it doesnt stop anybody i see it all around me as were ch
President S Administration as the Economic Advisor and he was saying that the current virus is contained and dont worry and secretary of state pompei also had this to say update u. S. Secretary of state mike brown peo on tuesday demanded that iran tell the truth about the corona Virus Outbreak in the country voicing alarm at allegations of a cover up i want to particularly use that as an analogy for the rest of these headlines here because this is that you know the secretary of state of course presides over an empire of debt and a lot of that lies started with covering up the stability the fragility of all that debt over which we stand so were going to look at some headlines after that but what do you think max about what secretary of state pump aoe said look i mean what weve been saying on this show for a few years probably all of 10 years is that no problems ever been. Put forward into the public consciousness that could not be solved with more money printing and no matter what happe
Remember is dont touch your face dont touch your face it doesnt stop anybody i see it all around me as were traveling season to there and then go to the toilet on the plane open the door and you know theres everybody on this plane in fact if youre infected so its so simple but most people are also more simple than the simple coronavirus that is spreading and killing people you know ive seen people trying to open doors with their checks and thats also a very high genic dont do that either you know before it started to spread in the United States we had larry kudlow who is in the president S Administration as the Economic Advisor and he was saying that the current virus is contained and dont worry and secretary of state pompei also had this to say update u. S. Secretary of state might pump a 0 on tuesday demanded that iran tell the truth about the corona Virus Outbreak in the country voicing alarm at allegations of a cover up i want to. Use that as an analogy for the rest of these headli