Low. Investors now down about 18 from the ipo price and its not just uber and this is definitely not music to investors ears, shares of chinese streaming giant ten cent are down sharply well tell you why onthon tuesday, august 13th as Worldwide Exchange begins now. Get along down the road weve got a long, long way to go scared to live scared to die we aint perfect but we try good morning, or good afternoon or wherever in the world you might be watching. Thank you for joining us here on Worldwide Exchange between the continued protests in hong kong and sharp drops for bigname stocks, it could be another busy day in the Global Financial markets and for your money. After yesterdays nearly 400 point drop for the dow, futures are trying to stay steady. Theyre flat across the board. But remember, this time yesterday we really had a similar situation and we had some of the headlines coming out about the hong kong airport closing, futures dropped, markets weakeneding down nearly 400. Stocks ai
Very clear to me i hope its clear to you that selling into the teeth of the sell off early this week was a big mistake. I said so at the time and im saying it again because it is that important in fact, tonight i want to go one step further and immunize you against false fears, thats right, false fears that cause so many people to panic over the past few days. I have to go back to history i think it was an f. D. R. Moment where the only thing you had to fear was fear itself so many of these worries were totally groundless those fears set up the situation we havent seen since the many bear market bottoms in december. We had negativity as recorded by the Investors Intelligence index. Dramatic drop from bullish sentiment, bears rising. Those were negative readings when you see those kinds of numbers, its a reason to buy, not a reason to sell why . Because when you get numbers that weve had in the last week where all the weak handed bulls have turned bearish, that means there is no one lef
And fibers of the security and National Threat concerns. This subcommittee hearing is an hour and 20 minutes. This hearing will come to order. Without objection the chair is authorized to declare a recess at any time, welcome to todays hearing, the future of electricity delivery modernizing and securing our nations electricity grid. I want to thank our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but ive read some history, what was like to build the electric grid a century ago. We couldnt of imagine the technologies we use to power our homes and businesses today. The real challenge was extending power itself in every form of our society and there was a challenge that those providing power make money in the cities in well Populated Areas with business and commercial opportunities, with electric the government made a basic deal, we would provide an a monopoly over providing power and a lot of these areas, firms would make a lot of m
Hello, this is bbc news. The Headlines National grid says it will learn lessons after nearlyi Million People across england and wales lost power on friday. What we saw yesterday evening was an exceptionally rare event, one that we havent seen since 2008, but we will of course be looking very hard at what happened to make sure we minimise disruption in future. Michael gove says therell be a bailout fund for businesses hit by brexit. Real pay for millions of lower and middle income earners is lower than it was a decade ago, says the tuc. The mother of missing teenager nora quoirin thanks search teams scouring the malaysian jungle for her. More than a Million People are evacuated from their homes as a powerful typhoon hits china. Now on bbc news, in a series of documentaries, we will explore how best we can protect our precious planet, exploring Sustainable Solutions around the globe, and meeting the people at the forefront of driving change. How can we best protect our precious planet .
My eyes are all on the bond market, both the 10 year and 30 year perhaps approaching the record low. Im taking a look at Cathay Pacific shares. We had reports about the airport in hong kong, whether flights or canceled flights were canceled or not. Right now it looks like only check ins were canceled. Dollaryen continues to strengthen come of strongest yen has been in the last 18 months or so strengthen, the strongest yen has been in the last 18 months or so. David we are joined by bloombergs Marty Schenker and sarah ponczek. Lets start with argentina. A chart here shows the price of credit default swaps in argentina. You dont need to know calculus to know that is not a good thing. So why are people so nervous about mr. Macri going out of office . Marty because they are very protectionist, and everybody is heading for the exits. Taylor i spoke to damian who covers aerday, lot of the emerging markets, and asking him what gauge measures the risk the most. What in your area you are resear