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A casualty of the recent economic slowdown if you havent planned as hard as oil sector we have a live report on how falling demand and a price war has. Been a jam packed show today so lets jump right and. Futures his limit down before market opened monday as the fed said the markets panicking yet again there are technical meeting this week that was meant to mediate between saudi arabia and russia sources so that it will be hard for both sides to reach a compromise now and then i just mark a warrant that extreme oil surplus is possible Monetary Policy is now being discounted as cheap or money does little to restore confidence in the average consumer in the face of a deadly pandemic 0 percent Interest Rates wont make up for much of the massive loss of activity and income for companies and consumers. And for more were now joined by danielle de martino book author of fed up an i ....
Weekend cutting its key Interest Rate by a full percentage point to near 0 and boosting its Bond Holdings by 700000000000. 00 markets are still getting slammed triggering a 15 minute hold again right off the open. Target range for our own Interest Rate by one percentage point bringing it closer or further we expect to maintain the rate at this one and who were confident that the economy has weathered recent events and is going to try to achieve our maximum employment and productivity go. Equities saying deeper into bear territory as the dow is now about 30 percent off its all time highs investors are digesting nonstop news full of companies shutting down operations countries sealing borders and infections spreading in normal circumstances a large policy response such as this weekend would put a floor under risk assets and s ....
Enough times. Weve heard them enough times, they werent true then and they arent true now. The majority of economists have always agreed that there was another approach the government could have taken, rather than austerity, and we always argued, and we were right, that austerity was a political choice, not an economic necessity. As recently as march, the Party Opposite ploughed on, saying there was no alternative. To look at them how was no alternative. To look at them now suddenly proclaiming an end to austerity after 125,000 excess deaths as a result, after 100 billion taken out of the economy, after the worst decade for wage growth since the 19th century, just because there may be what . An election round the corner. And after all that, after all that, to deliver what is a pathetic sum to spending departments who are on their knees at the moment. Itsjust adding insult to injury. A government not just callous and uncaring, but ....
A packed arena in orlando, florida, touting the strength of the u. S. Economy. Our economy is the envy of the world, perhaps the greatest economy weve had in the history of our country. Maria more from his big rally last night, weve got a lot coming up on that, stay with us on that, cvs and viacomm, look t what the deal can mean. Instagram post thats causing a lot of buzz in sports today, mornings with maria begins right now. Maria would you make a knew before you knew the Federal Reserves intention, thats what the investment is doing this morning, waiting and watching, key Interest Rate decision at 2 00 p. M. Eastern today, yesterday President Trump commented on head of central bank jay powell indicating a potential demotion. Watch this. Lets see what he does. I can tell you that droghi is the eu, they have a much diff ....
Who has now agreed to be the leading force for russias development. The situation around wildly for example which is not only being sidelined. Out of the Global Market in some circles it is even called the 1st technological war. The u. S. Is blacklist for several Companies Including google and qualcomm from doing business with huawei furthermore the u. S. Is pressuring other countries to pick a side to side whether or not they will allow fallujah to help build out their 5 g. Network warning that their decision will have consequences. And while it appears that russia has welcomed the Telecom Giant with open arms western nations continue to ramp up their antagonism against qual way but its not just the u. S. One on the left front what has some of the war was canada and joining now on the ground in canada that is our cor ....