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Ont that we had crude down the day. A little bit of a disconnect, scarlet. Scarlet that is a good point. Energy stocks up 10 on the day. The next best performing group is financials. If you look at it on a five day basis for the week, energy and financials are among the laggards here. Forget what happened in the first quarter. Forget what they are saying about the Second Quarter. End, i wonder what that really tells us about. Again, i think that what we are dealing with here, and what i was trying to say when the bell rang, we are dealing with the cash flow issue. It comes down to how long the economy is in suspended emanation. If this is a short but deep recession, things will come back online towards the end of the year. Programsus stimulus will help keep consumers and businesses afloat so they can get back up and running relatively quickly. But the risk is that we deal with multiple waves of infections or a downturn that lasts ....
President trump donald trump saying america is winning the war against the virus. Dr. Anthony fauci says at least part of the economy could reopen next month. Over at the capital additional funding for Small Businesses, Congressional Republicans to add 251 billion, democrats looking for more money and a much broader use of the funds. Meantime futures are pointing to a lower open to kick off this week. You have almost 300point loss on the dow futures after u. S. Markets in a short week last week rallied big time. The dow, nasdaq and s p all up more than 10 . S p having the best week since the mid70s. 1974. Deadly storms slamming parts of the United States over easter weekend. The southeast still being battered by horrible weather. We will have a live update. Mornings with maria is live now. Dagen and good mornin ....
My board is taking action to make sure america has the equipment needed to fight the Global Pandemic. Beijing hits back after President Trump questions the accuracy of chinas coronavirus data their numbers seem to be a little on the light side im being nice when i say that, relative to what we witnesses and what is being reported Cruise Companies forced to issue stock at 8 a share and raise debt with a staggeringly high coupon. Very warm welcome to street signs. Lets get you a check on Market Action it has been a choppy session for market equities. All four of the Major Regions are seeing gains we saw the dax lower and the ftse 100 before rebounding now we have seen an uptick we have seen on both sides of the ....
This is bloomberg. Vonnie thank you. We are back in a moment. Vonnie this is bloomberg markets. On vonnie quinn. Saysard chartered ceo singapore and hong kong could recover from the pandemic in the second half of the year. Francine lacqua spoke about what the western world could learn about controlling the virus. The bank of england took the view, understood the view that given the uncertainty around this crisis, uncertainty in terms of financing requirements, uncertainty around the losses that banks will take, its appropriate to be atraordinarily despite strong Liquidity Position and loan but today, regulators have taken the view that prudence should rule the day. I understand that. When can we get back to Something Like a more normal capital strategy . Role ofhave to see the banks helping the world recover from this tremendous shock, has largely flown through. We can al ....