We see the dow below the 50 day for the first time in awhile nasdaq hit that last week were off of the lows, 32. 29 maybe just ten tonights off of that the problem is not so much technology, but the reopening sectors. They are weighing on the s p if you just take a look energy, industrials, and materials. They have separate issues with suspicious trading activity. Not as they are notably week taed and this is another sign that the reopening story is not going as well as people anticipated. Remember the bucket thats we watched the market with. It is true there have been advancements with treatment and vaccine. The delays in the stimulus program, europe locked down is a worry. Concerns about the potential for the european lock down is there. As far as the stock market goes, we have been looking at valuations for a long time many people feeling the market is over valued but earnings overall have been improving. There is a lot of balance and debate going on. That happened on friday, nasdaq
Your story you are trying in all with to understand this new culture. You are nothing visitor nothing yet you want to become a citizen. In for migrants your platform for reliable information. Welcome to g. W. Business ive been facilis coming up is out all options open the poisoning of russian Opposition Leader lets say the valmy has germany way up economic sanctions against russia and leads their joint pipeline project no stranger to in the. European Central Banks chief says the coronavirus downturn less severe than fear but admits the recovery will be slow. And known for its lavish tales of romance and witchcraft no. Enjoys a real life drama losing millions of dollars as the pandemic turns the industry on its head. Again for us all and lets do business the German Government says its looking at the entire set of instruments they could use in taking action against moscow over the poisoning of russian Opposition Leader alexina bally chancellor Angela Merkel spokesman has underlined that
Is two parts to that last night i focused on the major averages are not representative of the broader economy. Something held true today with the dow and s p losing 4. 4 and nasdaq sinking 5. 7 after the dollar skyrocketed something we warned about because the fed made it confusing how much they will keep helping the economy. The stronger dollar isnt great but the incredible v shape rally in the stock market doesnt jive with reality in a world where we still have double digit unemployment tonight, though, we need to talk about the other part of the sentence the stock market doesnt reflect Current Conditions emphasis on the word current why . The market is a forecast machine across the ball and supposed to be appearing six to nine months in the future. Maybe the economy is in rough shape. Let say they reflect next february so what are the odds the economy will be in much better condition by then because some people would say stocks are saying. Thats the key question. Tonight, i want to
A trillion dollar stimulus plan to deal with the economic fallout of the outbreak that after u. S. Stocks suffered their worst for in over 30 years on monday. Im monica jones in berlin good to have you with us. Travel into europe the current epicenter of the coronavirus pandemic is being severely restricted European Union leaders have agreed on a 30 day ban on travelers entering the block the decision will affect most noncitizens and nonresidents of the European Union with some exceptions it will be up to each member state to implement the new regulations german chancellor Angela Merkel said the e. U. Would do whats necessary to protect the Publics Health and to the economy. All across Europe Movement is grinding to a halt in berlin chancellor merkel amounts that even travel into the e. U. Will now cease i mean the guy is enough or was. Traveling to europe from countries that are not part of the European Union under no Great Britain is prohibited with very few exceptions and. This ban
People are already living in squalor with little medical care now theyre at risk of a potentially devastating outbreak our correspondent reports from the new torrijos more on the island of course. And politics during a pandemic despite the health risk 3 large u. S. States hold president ial primaries democratic frontrunner joe biden strengthens his lead over Bernie Sanders. Hello i want to have you with us. Travel into europe the current epicenter of the coronavirus pandemic is being severely restricted European Union leaders have agreed on a 30 day ban on travel is entering the block the decision will affect most non citizens and residents of the European Union with some exceptions it will be up to each member state to implement the new regulations german chancellor Angela Merkel said the e. U. Would do whats necessary to protect the Publics Health and the economy. All across Europe Movement is grinding to a halt in berlin chancellor merkel announced that even travel into the e. U. Wi