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What we are get interesting the university of Michigan Sentiment survey. The headline number, way, way weaker than anticipated. That number coming in at 77. Thats down from 81. 8 last time around. When things are good well north of 100. The expectation was for 82. Current conditions, 85. 8. Thats actually ahead of expectations. But its the expectation number, the forwardlooking number here, that is really sharply lower. Coming through at 71. 3, alix, versus 79. 1 in terms of where the market, the economists had forecast that number. Down from 79. 2. A much more gloomy outlook for the u. S. Consumer from the u. S. Consumer. Alix no doubt. As covid cases are spiking everywhere here in the new york, it feels like we are headed for a School Shutdown as well. Get the read on what that means to the consirmse with ajay. Its always good to get your read. You have this more pessi ....
For testing capacity, supply chain capacity, and projection of shortages . Thank you for that question and statement, senator murray. Yes, we continue to have a work in progress as we build the testing capacity. We have established the targets with the states of over 12 million tests over the next four weeks. We think those targets are going to be good in may and june, but as dr. Fauci said, we really have to be evidencebased. We expect those targets to go up as we purposively open, as communities goes through phase one and into phase two, and certainly those numbers will need to go up significantly again in the fall when we potentially have influenza circulating with covid. So yes, there will be targets. The targets will need to change based on the evidence that we see. But we are highly committed to securing the supply chain. We have worked daily with every manufacturer, and i am just pleased that we are, and may and june, able to get ahead of the states so we can supply them what th ....
Matt stocks and freefall. The s p 500 sees its worst session since 2011 and the fastest stock Market Correction ever. 5 trillion in Global Market cap are erased in a week. Virus fears intensify. Cases and south korea to knock 2000 cases in south korea top 2000. Jp morgan joints citigroup and Goldman Sachs in slashing estimates for u. S. Companies, and crude slumps. Oil set for its worst week since 20 11 as well as opecs secretarygeneral says there is a renewed commitment for joint action. A report says saudi arabia wants producers to agree on additional cuts of one Million Barrels a day. Just under an hour away from what could be a bloody day of trading. Futures that i looked at were the worst since at least 2016 on the stoxx 600. Anna good morning. Is this what f ....
Companies later in the program. A warm welcome to countdown. , the yen onthe boj a merry dance this morning. Yen strength, up more than 2 . Here are the charts of the currency markets verdict of what the boj announced this morning. Yen strengthening following the announcement. Thesions culminating in buying of more etfs, dollar lending, but no change in the bond buying program. Some disappointment about the extent to which of the boj was prepared to act. Ify say they will do more needed, but say they will review policies today. Fixed income markets, 10 year , the biggestsing since 2013. Lets get to some breaking news. Inbev, out of ab organic Revenue Growth 4 . The estimate was 5. 8 . Volumes down, 1. 7 . The estimate was 1 . Those numbers look to be light in terms of the expectations. Adjusted organic growth also disappointing. They are talking about the sab miller deal, still see that closing in 2016. Because of the declining po ....
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