Virus could soon peak in new york city. Weve already seen the apex in madrid italy is clearly over the hump that means buy storks. Cover your shorts. The bull is backs todays run d 1627 points marking its best day in two weeks s p soaring 7. 03 . Nasdaq 7. 3 . Can it really be this easy or does this represent too much optimism i think its a bit of the latter wall street is a group of index buyers and traders when we care about the new number of coronavirus cases, number of hospitalizations and mortality rate index buying was so intense it moved stocks like they were play things now, does that mean we should buy the nasdaq when we have more ventilators, sell it if we dont have enough personal protective equipment . Do we buy the s p retail etf when we get a decent number from, i dont know, Governor Cuomo . No, its kind of ridiculous. Were simply seeing, though, the flip side of what happens when people were downbeat as they were last week when the president s team told us some pretty ho
A gloomy Economic Outlook for asia the International Monetary fund says therell be 0 growth in the region for the 1st time since the 19 sixtys because of the coronavirus and getting away from it all even during the long down hotels and resorts in russia try to tempt people to spend their quarantine in a beautiful place. Well im sorry martin good to have you with us germany is preparing to gradually reopen its schools and allow smaller shops to resume business chancellor Angela Merkel announced the measures wednesday after consulting the leaders of germany 16 states many restrictions will remain in place though as the country continues to fight the credit buyers pandemic the chancellor said the countrys efforts to contain the outbreak had been partially successful but that the situation remained fragile. Its been 3 weeks since chancellor Angela Merkel announced the initial restrictions on contact now have been largely extended social distancing rules will remain in place until may 3rd g
A reeling consumers panicking everyone is under suspicion all countries are in lockdown at the borders officials check peoples temperatures and struggle to keep the virus out fear is contagious work is under quarantine containing the disease is a tremendous challenge in our highly networked world. Going viral will a new type of Infectious Disease dramatically change the way we do business. Its globalization allowed covert 19 to spread around the planet at such incredible speed but now the whole concept of globalization itself is ailing the outbreak has brought Global Supply chains to a standstill including the most important one during a pandemic medical supplies and pharmaceuticals a serious example illustrating just how dependent the entire world has become on just one economy by far the biggest player in the Global Supply chain china and now countries around the world are concerned about shortages and. This pharmaceutical wholesaler currently has 130000 different medications stored
A tremendous challenge in our highly networked world. Going viral will a new type of Infectious Disease dramatically change the way we do business. Its globalization. To spread around the planet at such incredible speed but now the whole concept of globalization itself is ailing the outbreak has brought Global Supply chains to a standstill including the most important one during a pandemic medical supplies and pharmaceuticals a serious example illustrating just how dependent the entire world has become on just one economy by far the biggest player in the Global Supply chain china and now countries around the world are concerned about shortages and. This pharmaceutical wholesaler currently has 130000 different medications stored in its warehouses its supplies pharmacy across germany. So what about. The main concern is that many pharmaceutical products and active ingredients are produced in asia what that means is becoming clear right now during the current pandemic. In germany only prod
London. I have decided to take strong but necessary actions to protect the health and wellbeing of all americans. Reporter the fight to spread the coronanavirus coming into effect friday at midnight. Peopl6 euanesgeted n int two wes will not be allowed he u. S. American citizens will be exempt but must be screened at airports. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. Reporter italy is still under lockdown and grappling with the largest outbreak outside of china. The virus has killed more than 800 people there. Congress is expected to vote on an Emergency Response bill today that includes free testing, paid sick leave, and unemployment insurance. Sorry, guys reporter concern is spreading just as fast as the virus. The nba has suspended its season after a player tested positive for covid19. The ncaa says march madness will