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July 16, 2024
News the u. S. Charges venezuelas president Nicolas Maduro would not terrorism. Hello the u. N. Secretary general has told leaders of the worlds 20 major industrialized countries that humanity is at war with the virus and were not winning and when you go terrorists called for a Global Response at an emergency virtual g. 20 summits support a way out of a crisis where a leader has vowed to do whatever it takes to combat it and he said the numbers of confirmed cases which have now passed half a 100...
July 16, 2024
For medical supplies and how the recently passed federal aid package will impact new jersey residents. Afternoon, good everyone. Thank you to everyone joining us, especially the thousands of new jerseyans. Communicate will electronically with you unless there is a reason to do otherwise and if there is, you have my word i will personally along with members of our team anavailable and will call audible. Monday, even the we said we would go to 1 00 for our briefings, we will be at 2 00 on monday a...
July 16, 2024
Hello the un secretary general has told leaders of the worlds 20 major industrialized countries that humanity is at war with a virus and we are not sweating and trying to get terrorists called for a Global Response at an emergency virtual g. 20 summit to plot a way out of the crisis where leaders vow to do whatever it takes to combat coronavirus he said the numbers of confirmed cases which have now passed half a 1000000 are only the tip of the iceberg and the real number is believed to be many t...
July 16, 2024
Soldiers on the streets in south africa as the country enters a 3 week lockdown. And in other news venezuelas president indicted on charges of narco terrorism by a us court. The 1st the United States is now more confirmed coronavirus cases than any other country in the world is a passing both china and italy that says new figures show the shock cools to the economy with a record 3300000 people filing for unemployment last week i think its a tribute to testing you know number one you dont know wh...
July 16, 2024
Nation is coming together to defeat the virus. President trump there is tremendous hope. I think well come out bigger, strong and better. We learned a lot. We learned who to rely on, month not to rely on. Our country has been incredible. Including the fact i just spoke to senator schumer. We both want to get to a good solution. Watching and seeing people that werent speaking getting along well because we all have one common aim. Thats to get rid of this invisible enemy, get rid of it fast, and g...
July 16, 2024
Force made several announcements on the federal response to the pandemic including extending the nationwide social distancing guidelines until april 30. Pres. Trump thank you very much. Thank you. I appreciate everybody being here. Beautiful day in the rose garden. Tremendous distance between chairs. Social distancing, you practice it very well. We appreciate it. Thats great. I want to start today by highlighting several critical developments on both the testing and treatment that will help us w...
July 16, 2024
That seems to have worked because the dow which had been limit down has now bounced back and at the opening bell, we may be up 400 points. The dow will be up significantly at the opening bell. Same story with the s p and also with the nasdaq. Now, treasury secretary mnuchin, he says the Federal Reserve will have 4 trillion for loans to businesses. He says theres more where that came from and if congress doesnt get something going real fast, then they will go back to congress for more and he says...
July 16, 2024
Reasonable as we have to store all this. Saying 10unbelievable decimation of tt commodity right now. Guy absolutely. You bring up the btp market. There is a lot of moving parts around the btp market today. Ly we saw yield spike yields spike to the upside. There was speculation the ecb was in the market. The big story has been the european governments considering using the european stability mechanism to extend credit lines to countries including almost certainly italy. There is an issue with thi...
July 16, 2024
All of this out. Stocks are in and out of touching 7 fall i dont have that would trigger another Circuit Breaker. At the worst we were down 6. 7 . Now down about 5 1 2 . That translates into a dow barely above 20,000. The same drama, surreal one continues to play out across the country. I want to show you what is happening this is new yorks times square, this has been pretty much the youre not seeing many people drawn to the crossroad of america, among some of the busiest thorough fares on the p...
July 16, 2024
So nbc news now has obtained a onepager, in effect, laying out the stage 3 proposal key terms. Thats the mnuchin proposal for about 1 trillion in stimulus and economic backstopping. Heres whats in it, as were going through it in realtime the Airline Industry gets a secured Lending Facility of 50 billi billion. Theyre saying it would be secured by lateral thats specified by the Treasury Department here. Other severely distressed sectors of the u. S. Economy, thats 150 billion. This document not s...