This is boom bust the one business show you cant afford to miss ive been sworn in washington coming up at woodys and big point continue to rally another huge day for the stock market all of this despite the idea that remember stocks were supposed to drop on a contentious general election and were going to talk about the Federal Reserve today why your own power may be laying low for the moment how long will that last we got a lot to get to so lets get started. And we begin today with the latest on the coronavirus as cases have exceeded 100000 new cases reported in a single day its the 1st time that has happened the number of new coated cases appears to be soaring across the midwest and the plains states in fact new reports show that 7 states have now set records for hospitalizations for covert 19 the states of connecticut maine michigan minnesota nebraska and north dakota jumps of more than 45 percent and their 7 day rolling average new data also shows us that the data that 1907 deaths
Welcome to the show where do you get your information . Can you separate fact from fiction . This disinfectant was manufactured in 26 states and somehow pull ready protected against coronavirus true or false. Truth coronaviruses were discovered decades ago that 19 is just a new one. This was also shared thousands of times if you know of dolphins in venice, except there in sardinia. Fake news is so prevalent, its now become the focus of scientific research. From the claim that the corona virus originated in a lab in china and the chinese want to get trumps reckless recommendation to inject disinfectant and the Conspiracy Theory that bill gates intends to take over the world with a mind control vaccine is full of bizarre and baseless notions about the virus from the university of zurich was involved in an International Study on the spread of just information during the pandemic. Wanted to see why there were differences between countries. It seems to be that some countries provide a more
The index jumped about midweek ahead of us elections but did see some losses on friday with some sharp declines in the health care and Consumer Sectors analysts predict little policy change toward china under a Biden Administration but they do expect a more multilateral approach when it comes to trade in hong kong the hong saying is also in the green in with 16 that week closing highs the regions major markets surge 3. 5 percent on close on thursday shares gained on a possible by then when in japan similar trends here another green arrow for the nikkei the index reached its highest level in 29 years after another surge on wall street iron and steel marine transportation and electric appliance issues led with these big gains in india the sun sets also up with a 5. 7 percent gain its biggest weekly gain in just 5 months will end next heavyweight Reliance Industries and financial stocks. Benchmark investors are also celebrating that possible by the presidency another green arrow in austra
Led those shares higher in south africa were seeing another green arrow for the all shares the rand rallied going into friday on indications of that fight in possible victory in the us now to europe the cac and the dax how to a very good week despite the reintroduction of these coded lock downs across many places in europe the french a significant recovery since tumbling admit october amid weak earning results and renewed lockdown measures the cac is up almost 400. 00 points for the week and the german dax is also up this week but we may soon see some levels of resistance now that germany has announced the imposition of month Long National walked around but will continue to put pressure on the benchmark docks 30 as local authorities keep the door open to extend those current restrictions if breaks arent successfully suppressed headed up to the u. K. The footsie is also. For the week and he brags that concerns dont seem to be slowing down the upward climb as a footsie has been up every
From where it started jumping over to south america where brazils hugo best it actually has also consistently climbed over the course of the week significantly up since election day here in the United States and coming up to north america and mexicos b. M. V. Is up for the week as are all the u. S. Indices including the nasdaq the dow and the s. And p. Its the same story in canada that weve been saying this this whole week with the ts x. Every single Stock Market Index that we follow here on boom bust in europe and the americas theyre all up this week its a month its also worth mentioning that many of these stocks may be rising as a result of what appears to be a presidency balance by a Republican Senate it also seems that tech stocks well they seem to be especially optimistic that could be an issue of belief that without President Trump in office antitrust suit wont go forward and that is a Global Market walk. On to a huge story surrounding bitcoin now this time not about skyrocketing