Page 3 - Demand Shock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Would say pretty strongly lower in paris. stock index futures right now are also moving down here. this is the first -- the worst first half of the year since 1970 if you are keeping track. that is what the market looked like yesterday. meta up 2%, amazon up 1.5%. carnival plummeted nearly 15%. that is a big one day move. morgan stanley said the stock could hit zero if there is another quote/unquote demand shock like the pandemic was a demand shock. bed bath & beyond, down 24%, that is a crash after plunging sales. the company is losing millions of dollars. the xiceo is now out. gas prices a...

Making some progress. we still have an overhang from the virus in china and the virus here in the states that has really limited supply, and we're hopefully just coming out of that. one of the great lessons we listened is, you know, a pandemic is a supply shock to the economy, not so much a demand shock. you're absolutely right. this is going to make things worse over time in the critical area that we need to get better in order to solve the supply chain problem and of course the inflation problem. >> and we need to solve both. gentlemen, thank you all so much. really important topic that matt...

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All of those examples, those are all examples of supply shocks where the world couldn't get enough barrels because of a natural disaster, hurricane, or because of a war. this is not a supply shock. this is a different situation. this is a demand shock. this is the fact that the world is recovering from covid and there's a lot more demand for energy and opec nations are not keeping up. but to her point, it's not something that even the white house expects is going to have a dramatic impact. president biden said, they said, this will not solve the problem of high gas prices overnight. they said ...

Smaller-scale issues related to specific sectors, they have tried to take some actions but as one official described to me who is involved in this process, there is a sense of policy paralysis due to the constraints they felt were on the president here. keep in mind. the supply chain, both domestically and globally, is largely driven by private-sector actors. you had a demand shock in the wake of the pandemic that is simply unprecedented. and then, you had several different pieces of the supply chain that simply aren't monolithic. there are different issues with each one and that's why you saw...