Page 45 - Consumer Staples News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Trading in these Turbulent Times with a packed show today so lets dive right in. And as the number of cases of corona virus worldwide eclipses 750000 with more than 35000 deaths the United States has become the epicenter of the pandemic with more confirmed cases than anywhere else in the world on sunday despite hopes of returning to the u. S. Economy to normal by easter u. S. President donald trump announced the extension of social distancing guidelines through the end of april. The peak in death rate is likely to hit in 2 weeks nothing would be worse than declaring victory before the victory ...

A problem there is so low they dont have the problem they dont have thousands of people that are positive with thousands of people that even think they might have it for hundreds of people in some cases so you have to know that you have to look at that you have to give a little bit of flexibility even if the state. In the midwest or in for alaska as an example. Doesnt have a problem so awfully tough to say close it down and the u. S. President was also asked about travel restrictions in the u. S. As a way of mitigating the spread. I am looking at hot spots and looking where flights are going i...

Now projecting anywhere from 100,000 to 240,000 total deaths in the u. S big investors are weighing in. Rosengren says the feed needs to adapt as the crisis proceeds and he expects the Unemployment Rate to rise dramatically weve got a big guest lineup coming for you in just a couple minutes, talking to james gorman from Morgan Stanley. Hell talk about the market volatility and how the banks have fared so far in this crisis lets focus in on the big stories we are watching at this hour, the final hour of trade. Mike santoli watching the market plunge meg tirrell has new details on the state of V...

Less normally. Lets start there, jim, in terms of the market overall. I have a lot of insight this morning to share on the credit markets where i tend to be focused of late. Like to come to you. When you see a rally, the likes of which we may at the open this morning, what are you thinking what i think about when i see this, the market got oversold, people last night went home thinking theres no possibility of any sort of deal. Without a deal all you have is the fed making sure theres liquidity but nothing in the hands of the people. If you dont get money in the hands of people, people will lo...

And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers and a little more stock picking and less indiscriminate selling all sets us up for a good bounce on o...