Feet in the water at the beach, just keep 6 feet away from others. We have been talking about it all day long. People across the state told to stay home, but what about the folks who dont have a home to go to . More on what is happening to those still in the streets. Wilson . Reporter to my left is south of market and to my right is tenderloin, they have been at the middle of a collision of challenges for San Francisco for many years, we have been showing you these problems for many years, they on top of that the coronavirus threat, what do these neighborhoods look like . How are the most vulnerable citizens in the city faring, have a look. When i come in the morning, i usually see people camped out here. And here. And a big old thing there. Nobody here . No. They mustve been put in shelters or somewhere. The sidewalks are carrying fewer people but certainly not empty. You see a few stragglers, but as far as the crowd, it is all different right now. What has changed is people are stick
There. Reporter on thursday, the first person from Contra Costa County died from the coronavirus good this person was in her 70s and had a pre existing medical condition. The author recently traveled to europe. The Health Officer wouldnt release more details than that. We do expect the numbers of cases and dust to go up before they start to go down. Reporter contra costa Health Officer said there are 42 cases of coronavirus in the company and they are expanding tests every single day. He says they are preparing a hold order to prepare positive and negative test to be reported. At that point, we will have better information about the total number of testing that is going on. Reporter right now, most testing is being done in private labs. The countys Public Health lab is performing about 4100 tests a day but that is a small fraction of the total number of tests being done. Weeks ago, the county also started identifying available ventilators and reporting out to the state and federal gove
U. S. And european stocks are hit by the worst rout since 1987, as the panic takes hold of markets. The today session offer brief relief . 5 trillion, the u. S. Central bank offers a huge liquidity, at least nominally, injection into the treasury market after the ecb stimulus measures fall short of combing investors. And delaying the worst. The u. K. Abandons its containment strategy as efforts to push back the peak of the virus takes precedence. New york city declares a state of emergency. We are just under an hour away from the start of cash trading across europe after we saw yesterday, the biggest drop for the stoxx 600 of all time, doubledigit losses yesterday in terms of the dax, more than 12 . The ftse mid was down 17 . Now we see a mixed picture in terms of futures. Dax futures are still down. Investors are still waiting for some kind of comment out of berlin. In terms of the fiscal help that Christine Lagarde, shirley wants, the market wants to hear about it to, and Angela Merk
The biggest global coordinated effort since 2018 to save the Global Economy from the coronavirus. Were seeing it react pretty dramatically in the Commodity Prices right now. Look at the dow, were back up 766 points. Crude is up over 5 . Gold got smashed last week on margin calls, it is coming up 30 inhouse. That is pretty incredible run after a big blowout last week. The reason theyre buying gold, if all Central Banks start easing policy, gold might be a safe haven play t wasnt a safe haven play when we were worried about global recession but those odds seem to be going down as Global Central Bank starts to take action. Interestingly enough, last week commodities really got crushed. Grain prices, cattle prices, food prices across the globe, worried that people wouldnt have a lot of money to pie a lot of food. Those prices are coming back. Really a mood change from Opening Sunday night. We got more bad news from the coronavirus and more bad news thing is getting out of control, we open
Boats already merger as you discussed theres fewer and fewer competing Companies Competing with each other theyre all being consolidated into an oligarch play them in a monopoly and then they are taken private 70000000000. 00 deal largest private equity deal over those deals are going to need to become bigger and bigger will say 150000000000. 00 every 300000000000. 00 im sure Warren Buffett also Berkshire Hathaway in a 600000000000. 00 deal with some saudi prince at some point but its all being taken private and thats just another stepping stone along the way of that trend weve been talking about here for a few years and if theyre spending 70000000000. 00 and its not their money theyre borrowing that 70000000000. 00 or 7070000000000 dollars against the assets of walgreens boots i. E. The Pension Funds of all the employees the buildings in which walgreens lives theyll just sell it 6 all off pay themselves a huge dividend leave the 70000000000. 00 of debt with the public. Shareholders wh