Global markets are slipping as concerns grow over a possible 2nd wave of coven 1000. 00 will beijing reported a cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also close after an outbreak tied to a huge market well this comes as south korea also continues to see a rise in new cases especially since the government has not enforced stricter social distancing guidelines. From the area in the virus is spreading particularly through. Senior citizen youre making your best efforts in training that people who have had contact with confirmed virus to know that we are still going to be heading up i dont read. Those are. The words or utilizing. The macedonian in the metropolitan area of. India also saw a jump in new cases in recent days this is despite the extended lockdown the country has the 4th highest number of cases in the world with more than 332000 the cit
Friday here. We had the range bound markets all week, maybe with the exception of gold. All of that pushed aside by the ramifications of the pandemic. We dont need to go into it now, but i really wonder over the andend, as the economists equity strategists write how they adapt and adjust their q3 view out of the news we are seeing from the sunbelt. Jonathan it is going to be a tugofwar for the next few weeks and months. Beneath the surface, the fragility is really going to start to show in places like texas and florida. Lisa this is the tension. The traditional data we rely upon, getting some of it today at 8 30 a. M. With u. S. Personal income and spending, this data is outdated well before we even get it. There is a question of what do you look at. Do you look at restaurant rivers rations restaurant reservations . Do you look at mobility trends . These are things i am watching in the day ahead. The universityt of Michigan Consumer sentiment survey. At 2 00 p. M. , u. S. Airline execu
Peter navarro meant to say on fox last night. There was a little confusion. I think that he was pretty definitive to say it was dead, the president was pretty definitive in saying the trade deal is on who would ever think that this would happen, good news out of europe, pmis are strong, they are inflating things in their economy like we are. I also think there might have been a short squeeze those of us who watched when navarro said what he said the market plummeted and i think overnight traders said its going to open down badly im going to get short and they got whipsawed because you didnt think navarro could be reversed as quickly as he was given the fact he is a close confidant of the president. Almost exactly what art cashin is saying this morning. Whipsaw resulted in a good deal of short covering. He says the bulls may now reassert control he says they need to take the dow up by more than 450. The bulls are when you watch the market ahead of time you see so many stocks going up fo
A major drop to start the day over fears of a 2nd wave. Our experts if we should just get used to this kind of volatility in millions of people are unemployed and facing uncertainty due to the crown a virus that includes the over 40000 food line workers believed to be stranded abroad we have a show today so lets go and dive right in. Bubble markets are slipping out concerns grow over a possible thought that wave of coven 1000. 00 will beijing reported a cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also closed after an outbreak tied to a huge market well this comes as south korea also continues to see a rise in new cases. Since the government has not enforced stricter social distancing guidelines. Youre very concerned that spreading. In the metro area in the virus is spreading particularly through your centers and nursing facilities which is Senior Ci
Abroad we have a show today so lets go and dive right in. Global markets are slipping as concerns grow over a possible 2nd wave of coven 1000. 00 will beijing reported a cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also close after an outbreak tied to a huge market well this comes as south korea also continues to see a rise in new cases especially since the government has not enforced stricter social distancing guidelines. Thats spreading. In the metro area in the virus is spreading particularly through. Senior citizen were making our best efforts in training people who have had contact with confirmed virus so were still using a little bit hes hedging up. The words or utilizing all the resources we can learn to prevent further Massive Action in the metropolitan area. India also saw a jump in new cases in recent days this is despite the extended lockd