From the bloomberg terminal. A 2 trillion dollar wipeout. U. S. Equities see their worst rout in 12 weeks. Is there more to come . The precipice of disaster. Americas fourthlargest city but it may reimpose Steven Mnuchin says the country cannot close again. Plus, european banks close to Capital Requirements. Just under an hour away from the start of trading. Futureske a look at after the big drop we saw. Saw drops in asian stocks overnight. If you look at yesterdays cash a drop in the dax. 559 points. 559 point drop. In terms of u. S. Futures, we see a little bit of green on the screen. 1. 5 gains in s p and the dow. Can news on the u. K. Economy, lets get straight to that. The u. K. Economy shrank by 20. 4 . That is versus the previous month. Dropstimate had been for a of 18. 7 percent. 19 or so. It does show a stunning drop in output for the u. K. Economy during specifically the month of april. The u. K. Went into lockdown around the month of march. We are getting some other numbers
A look at countries that dont have corndog brains look at denmark denmark has had almost twice as much testing per capita as the United States and fewer than half as many deaths per capita that would mean around 40 or 50000. 00 extra americans have died in the past few months because we have not dealt with this as well as denmark that 169 elevenths that could have been stopped if we hadnt behaved like idiots but death is not the only problem caused by this pandemic theres also the economic collapse which is bad for everyone unless youre a day trader betting that everything will be awful for those people right now is like mardi gras with fewer naked but an equal amount of pissing in the streets so us lost a staggering 20500000. 00 jobs in april bringing the jobless rate to its highest level since the Great Depression 14. 7 percent and even Steve Menuhin our treasury secretary who has carnal relations with a roll of silver dollars every night under a framed portrait of Ronald Reagan havi
Economic collapse which is bad for everyone unless youre a day trader betting that everything will be awful for those people right now is like mardi gras with fewer naked but an equal amount of pissing in the streets so us lost a staggering 20500000 jobs in april bringing the jobless rate to its highest level since the Great Depression 14. 7 percent. And even Steve Menuhin our treasury secretary who has carnal relations with a roll of silver dollars every night under a framed portrait of Ronald Reagan having carnal relations with the same roll of silver dollars even that guy says unemployment could get to 25 percent wine out of every 4 adults i did the math myself but. Yet in denmark salut different danes have kept their jobs denmarks Unemployment Rate is hovering in the range of 4 to 5 percent you see denmark dealt with the whole employment thing different than we had fun fact thats their police force during the pandemic denmark paid their companies to keep employees on the payroll re
A look at countries that dont have corn dog brains look at denmark denmark has had almost twice as much testing per capita as the United States and fewer than half as many deaths per capita that would mean around 40 or 50000. 00 extra americans have died in the past few months because we have not dealt with this as well as denmark that 169 elevenths that could have been stopped if we hadnt behaved like idiots but death is not the only problem caused by this pandemic theres also the economic collapse which is bad for everyone unless youre a day trader betting that everything will be awful for those people right now is like mardi gras with fewer naked but an equal amount of pissing in the streets so us lost a staggering 20. 00. 1000000. 00 jobs in april bringing the jobless rate to its highest level since the Great Depression 14. 7 percent and even steve menuhin our treasury secretary who has carnal relations with a roll of silver dollars every night under a framed portrait of Ronald Rea
Basis and do coordinate. I would just comment that ive worked closely with ambassador lighthizer on the china agreements and forced Technology Transfer is a major issue that weve been combatting. Fair, but weve heard u. S. Government officials of both administrations for two decades talk about agreements that are eventually going to have feet and they almost never do ambassador lighthizer has been a bit of a pitbull on this piece of it, but discussing it in the interagency process isnt the same as us pushing to help huawei and their state based actors to understand i. P. Theft has real consequences not just press releases i would just say and i know that the chairmans gavel implies im at time, but the Intelligence Community Oversight Committee of the community in the legislature, this is an increasingly bipartisan issue that republicans and democrats believe that its important for us to be holding these faux private Sector Companies in china to more account and the Chinese Government n