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July 16, 2024
The session. S p futures have been fading, but this after what was the second 4 gain in three days. Safe havens have also been big. Dollaryen, the bestperforming currency. At the same time we see a goal above 1600. 10year treasury yeild continue to hover around 1 . According to that millard have signe says that this is a that the safe haven assets he further weakness ahead. If it was up to him he would say sell into the rallies and there is a large chance maybe we will see a returns debtfree cha...
July 16, 2024
To come robin. All right, heres a peek at 92, well just cycle through some of the bridges so you can see how good it looks out there. This is west 92 and normally the traffic here on the san mateo bridge is so heavy that it spills back on to the nimitz freeway. Were just not getting that earlier this morning it was crawling, it was much much heavier. Now its just some minor crowding in only 14 minutes to the peninsula, even the bay bridge traffic is thinning out it was stacked up from the bottom...
July 16, 2024
Things will get worse than they are right now. It is 10 times more lethal than the seasonal flu. The flu has a mortality of 0. 1 . This has a mortality of 10 times that. Much dr. Fauci says how worse things become depend on the ability of u. S. Authorities to curtail the influx of travelers who may be bringing the disease into the country, and the ability of states and communities to contain local outbreaks in the united states. Italy has unveiled a 28 billion stimulus package to help the the co...
July 16, 2024
Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morn...
July 16, 2024
10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action wh...
July 16, 2024
Rescue, is it really going to do very much about the problem . Futures pricing in the fed rate cuts at three for the rest of the year but of course this as more governments are taking action and coming to the rescue with fiscal measures. Speaking nowr abe saying japan will take bold measures if needed. He is also saying he will soon announce policies tackling school closures. Schools are in hong kong and now japan will follow suit from march 2. Let us get a quick check of the markets. Equity mar...
July 16, 2024
Measures fail to emerge. On the monetary side, the bank of england, becomes the latest to cut rates treasury yields hovering around 80 basis points. Full Team Coverage of todays market plunge. Mike san tolly is with us and meg on the latest on the coronavirus. But well begin with breaking news out of washington major Bank Executives meet with the president today. Well get to wolf at the white house. Reporter the president and the Vice President and the treasury secretary currently hosting in the...
July 16, 2024
Damaging as the financial crashes. Italy is taking steps to contain the worst infection rate outside of china. All businesses and pharmacies are ordered to close. Shery lets get you a check of the markets in the u. S. We had the dow fall into a bear. Arket territory, falling 20 the s p 500 a hair away from the 19 lower than the previous high. We had every group on the s p 500 sinking more than 3 . The nasdaq down 4. 7 . U. S. Futures under pressure. We have seen no more details on the substantiv...
July 16, 2024
Americans, its bad. The infection adds to the oil slump. Shery lets get you started with a quick check of the markets. We were seeing earlier losses gaining three tents of 1 , but its still early in trading coming off the worst day again since 1987 and losses accelerating and falling to session lows. President trump talked about economic disruption lasting well into the summer. The dow now falling to the lowest level in two years. Losse talking about a 30 since the peak in february. We are seein...
July 16, 2024
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe ha...