Free but not optional germany is making coronavirus tests mandatory for all people in the country from designated hot spots new infections are increasing now at their highest level in 3 months. Im off its good to have you with us french president delivered a message to the people of beirut today you are not alone help is on the way on a visit to the lebanese capital pledge to spearhead a donors conference to raise funds to rebuild the city but he also said there will be no blank check to manning political leaders begin real reform before its too late. In a city wrecked by the force of tuesdays catastrophic explosion people in beirut are coming together to clean up the debris in the citys streets. But with solidarity and the strong sense of Community Comes also anger. At the corruption and mismanagement that are seen as causes of the blast and that have plagued the country for decades. At the company we are no longer able to continue this way in this situation people do not have enough
It was down by 100 points more than where it stands right now put it all in financial stocks when Elizabeth Warren was the nasdaq was off about 2. 5 Vice President i have been sceptical of the the shanghai composite rose more market as it is. Nonetheless, we have other news than 3 . Though to bring you this morning. We should probably get to it Central Banks held Interest Rates steady a transaction to talk about. Over the weekend regulators raised the limit on how much they can invest in Equity Assets in an effort to break longterm funds into the market and it i should say its according certainly worked at least for to the wall street journal today. Lets take a look at the it says the deal could be announced as soon as today treasury market back here in the United States. Right now i think the yield is the ebay unit similar to just around 0. 6 for the ten craigslist operates primarily and a lot of us dont know about year i dont know if you saw that story over the weekend it primarily i
Fliers grounded. A risk few are talking about but we are the ticking time bomb amid many bank Balance Sheets. You are watching Worldwide Exchange on cnbc. Good morning, good afternoon, good evening wherever you may be watching what already feels like the fifth day of the week. After yesterdays wild market ride stocks, they open way down stock futures down 1,000 points. Then the market swung more than 700 points as the Federal Reserve says it is ready to buy Corporate Bonds. Basically a direct bail out struggling with individual debt issues right now, stock futures are powering up 500 points not just stimulus for the fed. Reports the Trump Administration is creating a plan for roads and bridges but some funds will be reserved for 5g and rural broadband. Infrastructure has been talked about about three years with nothing passed yet lets wait and see what happens. Treasury yields are surging on that news continued at a whoping 0. 74 . Up from a couple of days ago a huge reversal around th
Board. We are off the lowest levels of the day. The dow is at 25,290 there is the nasdaq. Concerns about the virus and new hot spots around the country are part of the conversation as i look at moves, i see a lot of buys that suggest youre optimistic about the reopening of this country. Yeah, thanks scott. When i look at my portfolio as a whole, i have a heavy bias to the nasdaq 100 the qqqs which have done so well i think that as we are reopening that if you look at technically, a lofts tt of stocks like south six flags, they all look similar. They are starting to make higher lows and higher highs. I think as the reopening happens, this is where theres still risk but we think its compensated risk longer term to own some of these epicenter names that we think as the summer happen, as the reopening is happening, i dont feel comfortable just owning the nasdaq 100 and sitting in apple and microsoft and amazon i want to diversify that this is buying low feels like. Theres a million reasons
Republicans need strong federal leadership to combat this deadly threat. Help to get the protective equipment and supplies they need to protect their frontline medical workers and essential employees. Thertunately, administration is leaving it up to the states, forcing them to compete against each other in order to purchase equipment and supplies from the private sector. This is leading to higher prices and greater shortages. We need the federal government to use the existing authorities to efficiently, effectively, and citiesly help states and that need them the most. This committee has heard from Bipartisan Health experts that cities and states need a comprehensive nationwide plan to safely reopen the economy, including detailed plans for tracing, andact containment. Have been forced to develop their own testing ineffective,cient, and inequitable patchwork that will only prolong and exacerbate the crisis. Local governments are facing financial crises. Expectt survey shows budget shor