9000000000. 00 in addition to serious damages to infrastructure we have welcomed the statement by political leaders in Eastern Libya that called for a cease fire and a resumption of Oil Production however we have not yet seen cooperation from armed groups and the aggressors militias in fact we have only seen hostile remarks from their spokesperson and violations by their forces and their militias therefore we hold them responsible for any military confrontations and any resulting casualties understructure ladies and gentleman. We strived earnestly to address the Living Conditions and improve the performance of our sectors and to limit the proliferation of weapons and insecurity in many cases through cooperation with the un may support mission in libya we achieved tangible progress however these efforts were not sustainable because of external interventions and division among our institutions and the lack of Oil Production which is our most important source of revenue revenue. We always
It may not rhyme but its more compelling than sell in may and go away. It was something i heard many years ago and then it turned out to be a terrific summer rally, because of a rhyme sell in may and go away is suboptimal advice, but this may it just so happens the markets run too much versus if fundamentals the dow plunged 622 and the s p losing 8. 2 . And the nasdaq knowsdiving 3. 20 off the rails. Now, after a week that ended in a bombshell after President Trump talked about the possibility of retaliating against china for not doing enough to stop the coronavirus, i dont love the timing here but if theres one thing weve learned, you need to take the president seriously when he threatens to take action against china, because hes done whatever he says and thats bad news for the stock market let me put it this way in 2018 and 2019 we went after the peoples republic with both barrels. We were in a position of strength strong gdp growth and incredible job market 30 Million People have lo
Got us to where we arent from 2016 to 21000 and then well talk about how to fix that ok well 1st of all everything you said is connected so so so let me go back in 2008 what happened was we had an acute financial crisis predicated on the fact that banks created all of these toxic securities and then lend lend money to other banks to buy them and lend money to small towns in norway and california and Pension Funds to effectively buy toxic assets created out of credit they had lent through the Mortgage Market that happened the fed came in and in an unprecedented manner the Federal Reserve decided that the way to fix this. Amidst a dramatic kind of experience that occurred with hank paulson former c. E. O. Of Goldman Sachs and treasury secretary at the time on his knees in front of nancy pelosi who was speaker of the house then and now in congress and he said you have to help the banks so fed wants to help the banks Treasury Department wants to help the banks because otherwise supposedly
Good morning, welcome to news 4 midday. The fbi has searching the home of d. C. En couilmember jac evans. This comes just one day after he resigned frommetros board as he faces allegations of multiple ethicsviolations. We have news 4s mark sea graves from the scene there and hastc wang people come in and out. Reporters camped out waiting to see if well hear from jack evans himself today, mark . Good morning, this all started about 6 00 this morning, when the fbi knocked on jack evans door. These reporters left behind waiting to see if evans will come out. Fbi agents closed off this entire block here in georgetown as they searched his home for hours. We caught a glimpse of evans walking into the house this morning, wearing a gray tshirt. We tried to talk to his long term attorney who showed up here. Again, the fbi were here all morning, we saw them coming out of the house with several evidence envelopes and boxes. The fbi will only say they were hge conductin an investigation as part of
The auction starting about 1 00 p. M. Today with a lot hinging on appetite there of yields at this level. The 10 year yield is about 4. 57 on the day. The dollar index stalling out after a significant rally this year and gold is on its second day of declines. Its roughly flat on the day but still risk on in these markets. Lets take a look at some midday movers on the equity side with lots of earnings. Spotify rose 14 yearoveryear, 239 million, making it a profitable First Quarter. They plan to raise prices again this year. Spotify shares are up more than 16 . We are watching ge raising the fullyear product guidance as it sees surging demand for jet engines and services. Ge is up about. 5 on the day but posting is best earnings for the First Quarter despite shrinking business in fracking. Its the best performance in 12 years but shares are taking a slight decline on the day. Jetblue is also on the decline in revenue will fall more than Analysts Expect as excess flying capacity holds dow