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House considering Financial Relief for workers and businesses impacted by the virus. This is what the president said yesterday. We are going to be asking tomorrow, were seeing the senate, well be meeting with house republicans, mitch mcconnell, everybody, and discussing a possible payroll tax cut or relief, substantial relief. Very substantial relief. Thats a big number. Were going to be talking about hourly wage earners getting help, so that they can be in a position where theyre not going to miss a paycheck all right jim, we have a presser at 5 30, but right now dont expect specific proposals i think theyre mulling over some things. Theyll give direct support to workers, which is fabulous a lot of workers live hand to mouth. Theyre coming to work even though she shouldnt because theyre sick and this is a great holdover Small Business loans, they can expand that greatly. W ....
For its best to days since august of 2015. The s p 500 on its best day since its post brexit rally. So after that big selloff last week and the week before, we are. Eeing some buy here are the two updates for the major averages, this massive selling action we have had over the last few weeks, and of course from the peak we are down by more than 5 for the major averages, but the first to update since the end of january, it is really kicking in to some degree the question is will it last . The drawdown from the recent offers excellent perspective, and we see as of last week the s p 500 well below its peak right now by about 7 or so, but we put this in the perspective of decades of trading action, it pales in comparison. Does it show on this, back in 2015, 2016, and it reminds me of something that each date it seemed to change whether the averages were day today, and it pales in comparison to 2011 and some other periods. Thes suggesting maybe selloff will continue, but again today we are ....
And maybe even thrive as they go higher. This show tonight is that guide. First we have to deal with the counterintuitive nature of the whole prospect of the fed raising rates and why it tends to cause havoc in the stock market. Then we have to explore how we can reposition ourselves in a moment of what amounts to be planned turmoil. When the fed cut rates, its all about igniting the economy. When the fed raises rates, its all about reining in the economy. Beasts with very different consequences. We have to explore what has worked when rates go higher in a different kind of environment than we have ever seen before. We have to explore profiting from the decline and how it is harder than it looks. Then we have to return to the principles that brought us here, the bests ways to make money regardless longer term of the fed. First lets discuss some common misperceptions about why the stock market can go down on good news and up on bad news. Traditional interplay between the fed and the eco ....
So long that its always a shock when they go higher. You need a guide to what happens as they go up, which they will soon. And how you can survive and maybe even thrive as they go higher. This show tonight is that guide. First we have to deal with the counterintuitive nature of the whole prospect of the fed raising rates and why it tends to cause havoc in the stock market. Then we have to explore how we can reposition ourselves in a moment of what amounts to be planned turmoil. When the fed cut rates its almost about igniting the economy. They are two very different beasts with very different consequences. We have to explore what has worked when rates go higher in a different kind of environment we have ever seen before. We have to explore profiting from the decline and how it is harder than it works. Then we have to return to the prince pls that brought us here, the bests ways to make money regardless of the fed. First lets discuss some common miss perceptions on why the market can go ....