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Recovery strengthening, thanks in part to a pickup in Consumer Spending. Has fresh hotp bind moves against beijing in the final weeks of his term. Eu are inks with the a crucial week. The u. K. Prime minister will have to amend his busy schedule. He is not isolated he is now isolating from coming into contact with a lawmaker who tested positive for covid19. Are at a juxtaposed moment. I concede nothing. There were many tweets, but that was the conclusion. The president concedes nothing versus the virus raging in the United States of america. But the president elect has a message for now. Lockdown, and thats critically important to sentiment. You look at michigan going into a partial lockdown. To that agenda . I will turn to the right camera. Trust thenley says recovery. Thats what they want you to do. Sell the dollar. Get all in. They want you to be overweight equity, corpo ....
You have to say the banks now have a difficult situation on the one hand, they are asked to come forward with loans to enterprises in difficulties. On the other hand, they have to do their Due Diligence wirecard plunges to the bottom of the stoxx 600 as the German Payment Company becomes the first dchl ever to file for insolvency im not going to use any of the alphabet soup we hear about. Vw, nike whatever the recovery is going to be a complicated matter adds that the world has crossed the lowest point of the crisis Government Council member says central bank has taken the right action. Happy friday, this is how we are now shaping up across the market as we move across the session. An hour transpired a risk at the start and a little give back throughout the trading day. Green has given evidence on the screen c ....
Swiss drugmaker roche wins emergency approval ceo tells cnbc it will take more time to deliver a vaccine. It will take years to develop a new medicine, so most experts agree that it will take at least 12 to 58 months until we see effects and available in the necessary quantities for patients. Travel stocks as billionaire investor saying he was wrong to buy into the sector. And the uk looks to overtake itsly as the worst hit country with death toll nearing 29,000 as rome eases restrictions while the British Government plans to ease its road map later this week welcome to street signs. Lets kick off with fresh data this is the eurozone april final manufacturing pmi. This, a number just crossing the wires. It has come in at 33. 4, broadly in line with flash estimates of 33. 6 we in terms of the detail here, the final new orders pmi, one of the components came in at 18. 8 that was slightly worse than the flash numbers at 19. 1 and ....
So let me introduce you. Joining us today to help you get answers is right now employment attorney Angela Wright and dr. Peter hong, an Infectious Disease specialist at ucsf here in San Francisco. Good to see you both back with us. Great to be back. Thank you. Let me start with you becaus this is very timely. Protesters in big cities this past weekend gathered to demand that their governors open up the economy. Some states like georgia saying today some limited openings will happen this weekend, but i read a New York Times article saying that testing needs to triple before we can do that safely. So, what are your thoughts on that . Kristen, weve been talking about this on and off on this show and you know, we still havent been at the levels of testing that we real ....
Dragged down by the more powerful bond market taking 357 points, s p falling. 82 nasdaq advanced a basis point, stunning comback but lets not get too carried away, still the worst woke for the averages since the financial crisis the bond market is bigger than the stock market we dont talk about it because its boring. But its important to the direction of your portfolio. Everythings wrapped up in bond yields always has been. I learned that 40 years ago. There are multibillion dollar programs that sell stocks whenever those yields go down. Its form got as lows a 1. 1 today, closing at 1. 16 thats a record low level, signaling the economy is growing weaker, and quality investors hide money in fixed income, coronavirus supply chain the bond market is screams that the coronavirus is far worse than most people realize Global Commerce will take a real hit and it might even be something similar to 2008 when all hell broke loose i cant te ....