Restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. A lot of analysts, we follow them for a long time they wait and wait until theres a moment where they can go negative theres enough companies that have done well, i have every piece of research in front of me i dont have an upgrade. I have downgrade, downgrade, downgrade. Because the stocks have run, it gives these analysts a chance to say, uh, im so lucky. It went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and thats the whole tone of this morning i find it curious. I think that in general the companies have done a pretty good job just they like to pull their forecast because who the heck knows. If dr. Gottlieb doesnt know what will happen, why should he expect these guys to know wh
Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge hit. They cant make a profit at 30 bucks a barrel. 31. 89 right now. Look at this. Money pouring into treasury securities, pushing the yield way down to yet more record lows. Takes your breath away. We were down to 0. 31 at one stage. Now we are 0. 41 . Extraordinary. It has to be said, the United States is in a better position to weather this storm. That jobs report was a blockbuster. Look at italy. Its locking down a quarter of its population, locking it down. That lwill ensure a deep recessio
Depressed in the wake of chinas retaliatory tariffs. Prosecutors said to depend bill cosbys Sexual Assault conviction in Appeals Court next month say the accusations from other women are no coincidence but rather the culmination of a decadelong pattern of behavior. The 82yearold comedian is serving a three to 10 year prison term for drugging and molesting a woman in 2004. As these lawyers plan to argue a long list of alleged trial errors on appeal. Has called for substantial reciprocal action over frances proposed digital tax. The move comes after french president Emmanuel Macron digital 3 tax on all revenues. The Trump Administration has said it will examine whether the tax would hurt u. S. Tech firms. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Onair, and tictoc on twitter, live from bloomberg World Headquarters in new york, im vonnie quinn. Live in toronto, im
Consumer, which continues to be driving the rally. I think you heard this from ceos last week. Im curious to see if we get more earnings this week. Ise you said, even if there a little bit of week this, the fed will bail things out. Atoline we are looking also what is happening in terms of thirdquarter revenue. 3. 9 5 billion. O 3. 84 billion, in the middle of that range. We are starting to digest this as a bellwether to have the chip industry is performing. Scarlet up 3. 3 . Optimism. , upng the day up about 0. 8 1. 6 today. You wonder what this means for the rest of the chip sector. You heard this from ams overnight, they raised their guidance and said asian demand was not being is impacted as thought. One of the biggest suppliers are huawei, apple, samsung. They were noted a bit of a recovery in the chipmaking second. Nearterm concerns. Fiveyear longerterm recovery for the chip sector. Caroline shares holding a after hours, too. What are you watching . Apple, im looking at which rea
The gaza strip has been suffering a crisis and difficult humanitarian circumstances, israel started two wars on gaza that resulted in destroying the infrastructure and ruining most fields. Israel has been imposing a siege on the strip for more than seven years, in addition to blocking the crossings and preventing people from traveling. Palestinian women played a significant role in من highlighting these issues. This indicates that the Palestinian Society is developed and knows the importance of media. It was introduced to it in a miserable condition as israel is imposing a bloccade and encroaching the palestinians. Therefore there must be a palestinian reaction to document this situation. So the palestinians media was the first to play the role in this field by graduating a palestinian generation. Practically, the beginning of journalism and Production Companies in the gaza strip witnessed a difficulty in women engagement. I can say that i lived two eras. The first was at the age of