How much of this is connected to travel stocks and the coronavirus were going to explain it plus the state of california has declared a state of emergency related to the crowbars well have a live report and coke in mongolia is about to get its own Competitive League weve got the details so much to get to on this very busy day so lets get started. And we begin with another manic day on wall street as thursday the dow dropped over 1000 points again essentially erasing almost all of the 1200 point gain from wednesday it has been nothing short of a wild week on wall street with the dow swinging a 1000 points or higher twice in just the past 3 days monday markets posted their largest single day gain wednesday the dow posted its 2nd biggest gain as the healthcare sector shot up thanks to that super tuesday win for joe biden investors almost seem to be cheering signs of a Global Response to the corona virus which includes more than 8000000000. 00 in emergency funding. Coming from congress but
That weve been having so lets start here whats going on with this because we saw the dow as i mentioned up almost 1300 points on monday down 786 on tuesday up almost 1200 wednesday down almost down over 1000 again today do you ever remember a time when youve seen this kind of yo yo effect with the markets to this extreme. Well again you have to look at it percentage wise that weve seen this kind of movement but obviously we werent at 28000 at the when it started i think what youre seeing here is just a market that is showing you that the top is probably yes you know weve talked about on your show for the last couple of months that i thought we were in the early stages of a recession investors were looking for an excuse to sell and i think thats what youre seeing here i think this is very good topping action to a market thats probably going significantly lower from here and i think youll see a lot of these days but again remember when you look at percentage wise its feels bigger but its
Good morning this hearing will come to order. Today is the day that we are going to do the interior environment subcommittee and examine the president s fiscaleat year 2021 budget request for the admire Environmental Protection agency. Officer welc administrator andrew wheeler, with him is david bloom. Welcome to both of you. The fiscal year 2021, the president s request of 6. 66 billion dollars for the epa isy a 27 cut below f why 2020 and active level of 9. 06 billion dollars. This request from the president seeks to undo all the progress we were able to achieve on a broad we bipartisan basis in te fy 2020. For example, request eliminates the pro 39 million in new fundg we provided to the epa to address requests regarding climate and Energy Funding grants by 47 , that is a 409 Million Dollar cut below fy 2020. The request also slashes 100 17 million from the 3 billion we invested in fy 2020 to rebuild our nations crumbling Water Infrastructure. I recently held a listening section ses
Wheeler testify before House Appropriations subcommittee on the agencies 21 2021 budget request. Several asked the epas effort to police and regulate what our call forever chemicals. A subcommittee chair opened the hearing. Wi good morning this hearing will come to order. Today is the day that we are going to do the interior environment subcommittee and examine the president s fiscaleat year 2021 budget request for the admire Environmental Protection agency. Officer welc administrator andrew wheeler, with him is david bloom. Welcome to both of you. The fiscal year 2021, the president s request of 6. 66 billion dollars for the epa isy a 27 cut below f why 2020 and active level of 9. 06 billion dollars. This request from the president seeks to undo all the progress we were able to achieve on a broad we bipartisan basis in te fy 2020. For example, request eliminates the pro 39 million in new fundg we provided to the epa to address requests regarding climate and Energy Funding grants by 47
Wednesday it has been nothing short of a wild week on wall street with the dow swinging a 1000 points or higher twice in just the past 3 days monday markets posted their largest single day again wednesday the dow posted its 2nd biggest gain as the healthcare sector shot up thanks to that super tuesday win for joe biden investors almost seem to be cheering signs of a Global Response to the corona virus which includes more than 8000000000. 00 in emergency funding coming from congress but that optimism didnt last for very long as california declared a state of emergency after a coronavirus related death and 53 confirmed cases in the state well meanwhile the Airline Industry has been hit hard over the past few weeks we told you about that its all thanks to the good and the decline in air travel its so bad in fact that fly the europes Largest Regional Airline has collapsed into administration on thursday morning as the economic damage caused by the ongoing virus escalated the airline cease