Find out of life is life for jewish People Living in the town of hala and we still face anti semitic provocations plus the deserted beaches of miami rain is keeping them empty but the citys hospitals are full trying to cope with coping 19 cases as the pandemic surges across the u. S. Im sorry kelly welcome to the Program European leaders have sealed a deal on an unprecedented 750000000000 Euro Coronavirus Recovery Fund after 4 days of heated talks which almost broke the record for the longest e. U. Summit in history leaders finally agreed on the details of loans and grabs to be given to countries hit hardest by the pandemic the loans will include rule of law compliance measures meeting Member States will have to show that they are upholding e. U. Loss to receive the relief funds the European Commission will also undertake mass mutual borrowing for the 1st time. Well as the current president of the council of the e. U. Germanys chancellor Angela Merkel worked closely with frances presid
Bremmer, and Gabriela Santos the dow is down now almost 700 points again coronavirus fears sending the market plunging. The dow falls at one point more than 1,000 points at session lows all sectors going into correction territory which means 10 off their highs. Stocks are off to the worst level of the session after jay powell came out with a statement saying the fundamentals of the u. S. Economy remain strong and bond yields are plunging again sending Mortgage Rates to their lowest levels in eight years joining us for the hour, the final hour of trade is lindsey bell from allied invest. Also with us is senior markets commentator mike santoli as always to take you through the bell lindsey, what are you getting from some of your clients and what are you telling them . Our clients are retail clients. They are definitely concerned. So were telling them first and foremost, please do not panic. This is why you should have an investing plan in place. And always go back to that plan to reasses
Interrupted by immigration protestors. The winner, Bernie Sanders, clear front runner and thats a problem for establishment democrats, their big hope, bloomberg failed and the moderate vote split every which way, they may be going to the election with a socialist president ial candidate, meanwhile in phoenix the president drew enthusiastic crowd, he mocked mini mike and wowed the crowd when a veteran was carried. Of arizona with thousands of modest slight for stock, could hardworking patriots who believe in god, family and it be investors are nervous country. I love the Unbelievable Energy about bernies showing, nasdaq in this crowd, honestly, theres Tremendous Energy in your nation, theres tremendous down maybe down 20 odd Points Energy in our nation. Coming off record high. We are in the midst of the Great American comeback, our country here we go, varney company, is stronger today than ever the debate edition is about to before. We are going to defeat the begin. Radical socialist de
Days well see what the last second to last trading day of the year has in store for us road map today starts with the recordbreaking year for stocks. The s p within striking distance of its best yearly gain since 97. Plus, teslas china play, the automaker ruling out first sedan from the shanghai factory with ramping up next month. We begin with the year end rally and the record run for stocks mike, it has been quite a year and we go into 2020 seemingly with a lot of momentum. Been a very, you know, kind of orderly low drama rally in december a lot of folks say we may be set up for a pullback. I think we keep having to remind people, it has been a great year, successive record highs for much of the year we started in a deep hole. I think thats important not to sort of downplay what a Strong Performance stocks have had had this year, but to point out theyre not necessarily all that far out on a limb because theyre up 30 of the 12month basis because theyre up about 11 from 15 months ago,
The announcement. 2. 5 billion dollars to Fast Track Solutions to the bay area housing crisis. I think what we are seeing is employers are seeing this in their interest to help solve the housing crisis. Given the whole the state of california is in its going to take everybody doing new things to help address the housing crisis. Reporter the ceo of the Housing Trust silicone valley it is earmarked for the group to provide funding for housing development. The complete breakdown is as follows, 1 billion doltsar for an Affordable Housing fund. 1 billion for a first time home buyer mortgage assistance fund, 300 million in apple owned land developed into affordable howing. Aforth mentioned 100 million for Housing Trust and 50 million to support vulnerable populations going to the san jose based destination home. 50 Million Investment from the company is going to be used to fund over 30 projects and 2400 units of housing for the most vulnerable neighbors and help to prevent 1500 families from