Jim, its clear that even though we had some constructive things happen tactically yesterday, sounds like you dont expect this bounce to last for long were the most oversold weve been i guess you could go back some people say get some great stuff from mr. Williams who is one of my favorite technicians, larry williams. I want to point out, hes done work which says going back to 1933 this is one of the most extreme panics ever. He wants to buy panics on the other hand, you say whos there to buy i feel that were due for a bounce i dont know how much money there is there is to buy much more stock liquidity is a concern in every aspect of finance, at the same time any time you skip over the Public Health issues, you forget that right now strapped in san francisco, strapped in boston, strapped in new york maybe theres not just equipment. The nightmare is occurring what do we make then of stei stifel looking for a 15 rally, gun gundlach not shorting. Why are there these Little Pockets of not o
Conduct largescale fiscal support anand work togetheher oe Rapid Development of Antiviral Medicines and vaccines. During the meeting japanese Prime Minister shinzo abe called on his counterparts to offer the kind of comprehensive support to the Global Economy that they did during the 2008 financial crisis. Abe added that organizations like the World Health Organization and private Sector Companies need to Work Together to speed up the development of medicines to treat the virus. He also told the other leaders that he e and international l Olympic Committee president thomas bach had agreed to postpone the Tokyo Olympic and Paralympic Games until summer of next year by the latest. Abe said he is committed to holding the games as a way of showing how humanity has overcome the pandemic. The number of people infected globally with the coronavirus has topped 460,000. The surge of infections in the United States and some European Countries is creating a serious shortage of beds to treat patie
Record high in history. The dow, nasdaq and s p having worst week since october of 2008 at the height of the financial crisis. Checking on Global Market action, pmi out earlier, below 50, but that was up from 47. 9 in last month and we have losses across the board. The biggest loser there is the ftse 100 in england, down 2. 6 . Checking asian markets overnight, chinas manufacturing getting slammed by the coronavirus. Private measuring of Manufacturing Activity released monday record low for february. 40. 3 reading in february. The lowers since the survey started in april 2004. Nevertheless asian markets are close but agreeing across the board. Hong kong retail sales fell 21. 4 year over year, 12month of declines. Could led to worse number for february. Market rebound in asia. All eyes on the coronavirus. Two deaths now reported in the United States due to that virus. Cheryl casone has the details, cheryl. Cheryl thats right, dagen, Washington State has confirmed the second coronavirus
Feel like appalshop has proven that other things can happen here. Wngdruff all that, includi mark shields and david brooks, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsfthe engine that connects us. Consumer cellular understands that not Everyone Needs an uslimited wireless plan. Our u. S. Based cmer service reps can help you choose a plan based on how much you ur phone, nothing more, nothing less. To learn more, go to consumercellular. Tv babbel. A language app that teaches reallife conversations in a new language. The ford foundation. Working with visionaries on the frontlines of social change worldwide. And with the ongoing support of these institutions and friends of the newshour. This program was madess le by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff wall streets worst week in two years is finally over. Stocks endured another
Twice. The suspect vehicle a black infiniti backs up alongside an suv. The suspect in a white hoodie its out followed by a second suspect. One of them removes a bag taken from the back of the sub and gets into the car. The driver pools for. Officers who were in the area on auto burglary detail see the crime in progress. One officer on a bicycle approaches the suspect who was still by the sub to arrest him. The driver puts the vehicle in reverse. Striking his accomplice and the officer on the ground. Proceeding forward. There are other officers ordering the driver to stop. Reporter instead the driver suspect pulls forward. You can see the car hitting a bomb. As it runs over the downed officer and the accomplice a second time. The San Francisco Police Officers association said in a statement the video shows a clear and deliberate assault on the officer that rises to the level of attempted murder. The president tells me it is outrageous the Police Commission has imposed a policy prohibiti