I will use another strong word. Panic. That is justified. Late yesterday, panicked investors drove the dow down 1191 points. Thats the biggest oneday point loss ever. Okay, thats the backdrop. Now todays reality. The dow at one stage early this morning, futures were down over 600 points. Right now we are down over 400 points. The s p down 50. The nasdaq composite, way down, another 2 lower, off 166 points. Today on this show, we will ask when do we get a rebound . Where are the bargains that longterm investors might go for . Now look at this. This, what you are seeing, is a worldwide rush to put money into ultrasafe u. S. Treasuries. The yield now, 1. 19 . At one stage earlier it was 1. 16 , an historic low. That is a classic flight to safety. Heres what happens when the Global Demand for oil falls out of bed. Sharply lower prices. At this moment, we have got, what, about i think its 45 per barr barrel. That is on the price of oil. Thats the latest on the market action. Now the latest
Industrial high quality. Right now an enormous amount of precious type years potential innovations. Untapped potential we have to unleash zoot suit you better pay for industry to the tough stuff you know. We. Also coming up tonight us justice pardon me and him and him and him yesterday they were disgraced public figures behind bars today theyre free and the newest foot soldiers declaring war on the system that put them behind bars a moot point is that right from the Justice System that too often the persecution presents people. Over sentence people show rumors and. Who are in positions that have no accountability you can do it in 3 little. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the european high tech challenge how to be a referee and a star player at the same time today the European Union outlined its plans to boost its Digital Economy what does that mean making europe less reliant on the tech giants which are almost all u
A fairly strong currency move this week. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london, frankfurt and new york come our bloomberg voices are on the ground with this mornings top stories. In asia, the coronavirus continues to spread, with south africa reporting a surge in was also inand that south korea. Joining us is stephen engle. Give us the latest. Stephen you have another revision out of china as they get previously unreported cases out of five different prisons in three provinces. You have those supposedly isolated clusters adding to the total again. They revealed the numbers and then added more. In some cases, more than 200 ands in chengdu province another in hubei province. More provinces could report outbreaks as well in those supposedly isolated ecosystems like prisons. As well, we are seeing additional clusters in other parts of asia, not just china. You are seeing a surge in cases of another 52 in sou
To be sure intelligence is about big data data data and accounting data we have to be very careful to understand how it is that our creator that we created it and what can we do with it and technology is always new truck it depends on what we may prevent we have strengths when it comes to business basis ignored and lots of industrial high quality. Produce right now an enormous amount of precious ip years of potential innovations. Untapped potential we have to unleash is it your best way for industry stops you know. We remain. Also coming up tonight the u. S. Justice pardon me and him and him and him yesterday they were disgraced public figures behind bars today theyre free and the newest foot soldiers declaring war on the system that put them behind bars a moot point is that right from the Justice System that too often the persecution presence of people. Over sentence people show rumors and who are in positions that have no accountability when they wouldnt really want. To our viewers o
Innovations. Untapped potential we have to unleash your bets in full industry to the tough stuff no. We demand but. Also coming up tonight us justice pardon me and him and him and him yesterday they were disgraced public figures behind bars today theyre free and the newest foot soldiers declaring war on the system that put them behind bars a moot point is that right from the Justice System that too often the persecution presents people. Who over sentence people show rumors and who are in positions that have no accountability when we wouldnt really want. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the european high tech challenge how to be a referee and. Star player at the same time today the European Union outlined its plans to boost its Digital Economy what does that mean making europe less reliant on the tech giants which are almost all u. S. Companies thats what it needs now it sounds ironic but in the run up to todays annou