The 10 year yield is seeing a flattening name put on. Crude oil, down 8. 7 . Dive intoa deeper what is going on. Mentiont to commodities. It is across the commodity complex. Copper futures are down. Grim Economic Outlook from the fed yesterday, plus a possible resurgence of the virus here in the u. S. You are seeing one commodity higher, that is gold. Up 8 10 of 1 . The dollar is also stronger here. A weaker dollar is a proxy for risk appetite. But the dollar is indeed gaining 8 10 of 1 . Investors are looking more for safety, less interested in risk assets. There is a lot of conviction in equity markets in particular. At the open, we saw volumes basically double over the past 20 days or so. We are still looking at volume over 24 above the 20day average. A lot of conviction in the selling we are seeing. We are seeing the cyclical rotation we all have been so excited about in recent weeks totally reverse quite dramatically. Industrials, financials, materials are the biggest laggards. Tr
Video and its harrowing video it shows the plane as you can see what it makes a crash landing and then you actually do see the passenger is exiting the fuselage which is still on fire 41. 00 other passengers who were on the plane were not able to get out they died the investigation found that the pilot was responsible for his handling of the aircraft were going to discuss this further right here with Airline Expert jamie fenn shes going to be coming up in just a little bit now out of the economic fraud guess who is in line to become one of the biggest if not the biggest economies in the entire world you guessed it in fact i want to show you a graph that perhaps best tells this story take a look at this look at this like if you could literally go through the list right because this graph represents the top economies in the world in the year 2030 the year 2030 and you. And see where things are heading right now china still number one right china still number one but india nipping at its
Video and its harrowing video it shows the plane as you can see what it makes a crash landing and then you actually do see the passengers exiting the fuselage which is still on fire 41 other passengers who were on the plane were not able to get out and shes going to be coming up in just a little bit now out of the economic front guess who is in line to become one of the biggest if not the biggest economies in the entire world you guessed it in fact i want to show you a graph that perhaps best tells this story take a look at this look at this like if you could literally go through the list because this graph represents the top economies in the world in the year 2030 in the year 2030 and you can see that where things are heading right now china still number one right china still number one but india nipping at its heels right the u. S. Falls to number 3 and then look what happens you have indonesia followed by turkey turkey right brazil thats really probably not so surprising egypt. Then
Maria and we kick it off with Global Markets lets taken a look at european indices a selloff there as well. S p 200 down 250 points right now and paris down 165 and dax index in germany lower by 362. The European Union announcing the closing of its borders for 30 days to slow spread of coronavirus. In asia is overnight markets started with early rally on heels of wall street rally but then reverse course to finish in the red. Take a look at these numbers you have all of the major down better than 4 as you can see, the nikkei and japan and shanghai and composite 1. 8 and then theres oil. Oil prices tumbling touches levels not seen since 2003. As price of oil between russia and saudi arabia wages on demand is dropping oil prices right now at 25. 40 a barrel havent seen those numbs in quite some time. Check treasuries and yields right now on tenure treasury rising this morning once again, it is back above 1 . Tenure now sitting at 1. 8 that is up ten and a half basis points. The coronavir
Of emergency. That doesnt include local and a school near settle closed for state. Lower taxes, not higher taxes. Leave the people alone. 2 week and microsoft had asked stuart i think we know where work nester bay area and seattle youre coming from gary to work from home. The question on the market and kaltbaum. Lets ask the same question to investors are still is shame. How much will the economy slow, we dont know yet. Jack how. Politics, ugly threat to supreme im one of the Economic Court and came incredible by from senator schumer, the radicals who believes in paying minority leader of the united his bills, so we cant pretend that we are paying our bills States Senate at a proabortion when we have a trillion dollar rally he raised, you wont know deficit. By the way at the top of expansion we hit next recession. What hit you, he said. We might be going into the hole that story is not over. 2 trillion every year so if there was an idea and as long as schumer may be censored and then i