Of the mining, some of the oil and gas doing well today. Health care is the lead losing sector. We will talk about that with the devil, with the Telefonica Liberty deal. Brutalbank of england, a session being forecast. We apparently have an issue here in london with manipulating the turkish currency, according to the authorities. Local banks having interactions with a series of them. And the norwegians have cut rates down to zero. Down despiteking the krona is knocking down to 1. 96 . Earlier, Francine Lacqua speaking to bank of england governor Andrew Bailey about open it do qe for the bank of england open ended qe for the bank of england. Weve got a rapid expansion of stimulus, so we got a lot going on. We have already got a lot thats happened, and weve got quite a long way to go in terms of what weve announced. In terms of payments, we will be going until probably early july. The view we took is that although we said in the march report that we will obviously continue to support the
Axiosld like to thank the events team. Thank you for these Virtual Events. We would love for you to follow and you axiosevents can follow us on twitter. Our first guest today started a Small Business. Ushia is going to be with from orange county, california. Eq entertainment and er. Brand q wond this is a curriculum that helps people learn at home, to suddenly in a la mora demand. Thank you for joining in a lot more demand. Thank you for joining axios. How is california . California looks in, but it is outside the window. Not quite as enjoying as i used to. You got the idea for eq entertainment in a college class, i think a lot of Small Businesses start with a germ of an idea. Tell us about eq entertainment. I remember being blown away as a student at harvard. Social learning was number one corlett to life success. That became real to me and i became a parent for the first time. There was not anything out there that made it fun and easy for parents, teachers and kids. I took that 40 ye
Our Investment Committee today will debate it we are in the red for the s p and the dow. Were off the session lows like carl pointed out, it may have had something to do with the headlines coming out of the new york Governors Press conference where he mentioned a phased out idea starting this friday the dow industrials only down 140 points the s p down the nasdaq is tech stocks up half a percent 9165 the level there our Investment Committee are making some moves today. Steve, youre seeing a couple of things happening in your portfolio. What have the recent moves done whan and what are you trading in and out of im not trading out of much i did sell some peleton. It worked out tremendously well. Not quite a double but fairly close. I still have some left what ive done is and i did this on friday afternoon is i added to baba in expectation of disney opening in china because i thought that would lift the market ill reduce that position back to a core position i bought some out of the money
We with the for you to follow events andxios follow on twitter axios. Our first guest, sophia dickens, started a Small Business. She will be joining us from orange county, california. She created eQ Entertainment. And the brand q wonder, a curriculum that helps people learn at home, which suddenly is in a lot more demand. Thank you for joining axios. Thank you for having me, mike. Mike how is california . I wish i was there. It is stunning, but it is outside the window, so not quite enjoying it like i used to. Mike sophia, you got the idea goteQ Entertainment, you this idea from a college class, which i think Small Businesses start with, just a germ of an idea. Tell us about it. I remember being blown away as a student at harvard by 40 ands of data, that social emotional learning, not academics, was at the core of success. There wasnt anything out there that made it fun and easy for parent teachers and kids, so i took that 40 years of data and translated it and built the q wonder show
Largescale repos, as it has been doing it goes on to describe the impact of the coronavirus on the economy the way it sees it, causing tremendous human and economic hardship, the statement says and measures to protect health have been causing the sharp economic declines and the losses in unemployment and jobs on the inflation front, the Federal Reserve notes, muted inflation, says weak demand and Lower Oil Prices are holding down inflation disruptions to Economic Activity, it says, have impaired the flow of credit the Public Health crisis will weigh heavily, it says, on Economic Activity and unemployment and just a bit of analysis picking on something that was just said there, there is no forwardlooking aspect to this statement here generally, the Federal Reserve says, this policy will lead to x, continued, sustained expansion. Things like that there is nothing here where the fed says the policies we have now will lead to x in the future its all about the fed chronicling the damage to