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On fast money we try to make sense of what is going on and more importantly, what you should be doing about it your traders on the desk on this very important night are steve grasso, brian kelly, Karen Finerman and brian adomy let get right to it. Todays market plunge, taking the s p 500 negative for the year all of the gains, theyre gone energy, tech, consumer leading the selloff what are you doing with your money following a day like today guy adami, if anything because somebody a lot of somebodies, were selling i think you have to understand and we talk about this, markets go down a lot faster than they go up i dont think today is all that surprising in the context of what we have been seeing over the last couple of weeks and past couple months to answer your question, what do you do you have to sosht of draw your line in the stand. As much as we the root for selloffs to buy things cheaper, when they come, they never feel the w ....
S p indicated down about 4. 5 looks like the 10year is yielding below 1. 6 . 1. 549 well talk about what china did. Loan rates there dropping as the company tries to take on the impact of the coronavirus. Lets get an update now on the coronavirus. The people on the ship, a couple of people did die from the coronavirus. China as we heard cutting its benchmark lending rate that was expected. Authorities looking to boost the market unfortunately, two passengers from the diamond princess cruise have died. The first reported deaths in connection with the ship which was quarantined off the coast of japan nearly two weeks china is again, changing the criteria of confirmed cases adding confusion to tracking going up or down and whether weve seen a peak or close to a peak l brands reportedly selling shares of victorias sek receipt valuing that brand just over 1 billion. This had been expected that theyd pay for it. L brands chairman and ceo will step down as part of the deal but remain on the b ....
Leading the fight to tame the doubledigit inflation that he inherited as chair, thus laying the foundation for the prosperity and price stability we enjoy today. But what is perhaps most admirable about him more than his many accomplishmentswas his character. He believed that there is no higher calling than public service, and he dedicated the lions share of his life to it. With courage, integrity, and tenacity, he always pursued the policies that he believed would ultimately benefit all americans. My colleagues and i continue to draw inspiration from his example. Turning to todays meeting, my colleagues and i decided to leave our policy rate unchanged, after lowering it a total of 3 4 of a percentage point at the previous three meetings. As always, we base our decisions on judgment of how best to achieve the goals congress has given us maximum employment and price stability. Our Economic Outlook remains a favorable one despite ....
Business, finance, and politics. Jin liqun in the presentday world, only cooperation is the answer. For the first time, this generation realized there is no planet b. This invasion portfolio, we have to have a lot of bets, knowing that some of them wont succeed. This innovation portfolio, we have to have a lot of bets, knowing that some of them wont succeed. Viviana it is all straight ahead on bloomberg best. Hello and welcome. I am viviana hurtado. On this edition of bloomberg best, highlights from the Bloomberg NewEconomy Forum. Global leaders gathered in beijing. They exchanged ideas, examined opportunities, and addressed challenges facing society, this at a critical moment of economic transition. On the agenda, issues including trade, technology, climate, urbanization, and much more. Chinas Vice President , wang qisha ....
Tomorrow how options traders get ready for the prin by start with a d. C. Triple play, the house moving forward on impeachment against President Trump. Congress reaching a bipartisan deal when was the last time you heard bipartisan deal on a new nafta we have late breaking developments on the trade war with china as the clock clicks to the new round of tariffs kicking in this we could lets get to Kayla Tausche live in washington in the d. C. Newsroom for all three the stories. One of the two major variables on trade as you mentioned. House democrats announcing a deal with the white house and usmca, negotiators from the u. S. Mexico and canada in mexico city to sign the revised deal the senate will not vote on in until after the impeachment trial. Some republicans have raised concerns about how Union Friendly the deal is ....