Dow decline. Massive market selloff is where we begin this morning. Kevin koran and keith lewis join us now on todays down swing keith, the pullback were seeing right now, start of a larger correction how are you position organize how would you be suggesting investors position given the steep moves weve seen today first, good morning well, from our perspective, back in late january, we downgraded our nearterm Equity Outlook to neutral, and part of this happened before the coronavirus. Already we had stocks at a cycle high, the sentiment that was stretched and weve gone over six months without a normal correction you lay on the coronavirus, which provides for uncertainty, and we think the risk reward near term remains mixed. From our perspective, that means maybe bringing equity allocat n allocations that have run up a little bit back to target. Some of our more tactical portfolios last year we added a little bit of gold longer term, the bull market trend is intact, but when you shut do
Probability an october fed rate to 90 Technology Leading todays come back nasdaq is higher up about 1 . We got our team of reporters standing by. They will break down todays whipsaw Market Action. First joining us is stephanie link interesting day weve had here we were on together at 10 00 market immediately went down i called almost a percent. Here we are back up. What do you make of it its a wild day its not over. I think its bad news is good news the data was soft. Both ism reports were soft well have to see what the nonfarm payroll will be tomorrow it will be on the softer side. What does that mean . Does the fed cut 60 chance for december cut, and speculation that maybe trump gets more desperate to get a deal done, trade deal done thats why we rallied. This is a pepsi market pepsi i like that it really is. Truly. They reported a good number, inline revenues. Market wants 4. 5 steady organic growth a steady yield paying 25 times. I cant do that because its too rich for me. Thats wh
Home after a spate of attacks on foreigners in south africa but with chronic unemployment in their homeland what does the future hold for them. And could we be a step closer to finding life in outer space for the 1st time scientists have to check to water on an earth like planet orbiting a distant star we ask whats this discovery might mean. Im sumi so whats going to its good to have you with us china has formally summoned the german ambassador to beijing after a meeting between the German Foreign minister heikal moscow and the hong kong protest leader joshua wang in berlin this week and during his visit one called on the German Government to publicly condemn Police Violence and abuse of power during the ongoing demonstrations in hong kong now in a direct attack on an important trade partner beijing is warning of negative consequences for relations between china and germany. It was just 30 day in berlin he came to the german capital with a message for im going to mexico and other World
At this moment, as we come face to face with death, let us draw close in love, travel together in these difficult hours and days and open our hearts to comfort one another. May love and peace rest with you and those whom you love and with those who love you, today and always. Thank you, helen. That now is the conclusion to this short remembrance ceremony. Please take the time, if you can, to look at the wonderful tributes and flowers to andrew. This is just tributes and flowers to andrew. This isjust a small tributes and flowers to andrew. This is just a small part of the many tributes that have been laid at the scene of andrews death and also received by the force from both police colleagues, fire, ambulance, military and members of the public as well, and a true reflection of how andrews passing has been felt by us locally, but also by the rest of the country. Thank you for coming andi of the country. Thank you for coming and i wish you well for the rest of the day. Thank you. The sc
West and slowly north and east so theres more cloud across scotland and Northern Ireland and the far north west of england, some of it rain bearing, north west of england, some of it rain hearing, with strong winds across the rain bearing, with strong winds across the hebrides and irish sea coast towards Northern Ireland. The winds, lighter the further south and east you are. It is going to be a warm afternoon, 27, maybe 28 degrees. Further north, the low 20s and the high teens well you have those clouds and outbreaks of rain. We will continue to see those weather fronts push across the north west of the uk where we see the rain lingering on. Further south and east, clear skies and lighter winds. And fairly warm compared to what we have had of late. The warm airgets what we have had of late. The warm air gets imported across our shores over the weekend pushing that low pressure to the north of the uk. It looks like for many this weekend it will be hotting up, with strong sunshine and t