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Caroline lets take account to City Private Bank chief economist, stephen whiting. How are you looking across assets at the moment in terms of where you allocate . Not only stocks falling but bonds falling on the same day. Optimism that perhaps yields have fallen too far, too fast. Well, we are a bit underweight global fist income global fixed income. A think this will still be volatile environment. No substitute except for u. S. Hedges,es, some literal not terribly well in the full economic recovery we expect. Underweight fixed income portfolio. There is really no substitute for the safe haven...

Demanded the director of the centers for Disease Control walk back his warning about a 2nd wave of coronavirus uncomfortably robert read thiel did not do so disputing the headline about the initial interview but confirming he had been accurately quoted i didnt say that this was going to be worse i said it was going to be more complicate our more difficult and potentially complicated because well have flu in coronavirus circulated same time. The president sought support from another of his medical experts dr Deborah Burkes and been very original this is years ago they will know. We dont know if...

A pathway back to normal life. But in other parts of the u. S. The scenes a very different across the country a small but growing protest movement is calling for restrictions to be eased from utah to wisconsin in both republican and democratic led states people are taking to the streets urging a return to normal life we are still a free country at least for now and people have to make a decision and thats their personal decision if they dont want to be 6 feet apart or 7 peter peter parker i cant i cant dictate to that to them despite declaring that individual governors are in charge President ...

So weve seen a year on year 6. 8 percent drop in chinas g. D. P. Which is really significant and quite in line with peoples expectations analysts expectations because the current virus control measures that the government put in place for a few weeks in february and march really saw the economy come to a standstill factories were closed businesses were closed hundreds of millions of people were stuck in doors and just to unpack that figure a bit more also manufacturing vestment in the 1st quarter was down 25 percent year on year Infrastructure Investment also down 20 percent retail sales down ...

A white house that continues to try to put a positive spin on very negative news but thats going to become increasingly difficult because the numbers are expected to continue to rise in terms of the number of americans that are filing for unemployment claims in the United States in fact its expected that in the coming weeks that number that were at right now in the low 20 millions well it could double because the reality is that over night its predicted that roughly 46000000 americans lost their jobs and the only reason those numbers arent up at 46000000 right now is that the states where they...