Culture. Or you are not a very little or nothing yet you want to become citizens. In full migrants your platform for reliable information. Up. Dont be betting on a v. Shaped recovery ahead of the u. S. Federal reserve warns of an extended period of weak growth and calls on washington to write bigger checks also coming up travel giant tory announces thousands of job cuts after a loss making winter period and with an even tougher summer to come plus greece is notorious for its red tape and slow moving officialdom but the Coronavirus Crisis now has things moving fast. Im chris colfer im bill and welcome to the program u. S. Federal reserve charger on powell has warned that the coronavirus pandemic could trigger a prolonged recession in the United States speaking by a video link mr policy said the u. S. Economy would take some time to return to where it was just months ago you urged congress and the administration to do more to prevent long lasting economic damage the message comes a day a
The lower east. We can make a difference by choosing reforestation over deforestation recycling over disposable Smart New Solutions oberstein said you know weve heard those truly unique and we know that their uniqueness is what allows us to live and survive good why do you assume the Environmental Issues seem global 3000 on g. W. And going on. Dont be betting on t. V. Shaped recovery ahead of the Us Federal Reserve warns of an extended period of weak growth and calls on washington to write bigger checks also coming up travel giant tree announces thousands of job cuts after a loss make. In winter period and with an even tougher summer to come plus greece is notorious for its red tape and slow moving officialdom but the Coronavirus Crisis now has things moving faster. Chris colfer and bill invoking the program u. S. Federal reserve chapter on powell has warned that the coronavirus pandemic could trigger a prolonged recession in the United States speaking by a video link mr policy said th
How does a virus spread. Why do we panic and when well all. Just 3 of the topics covered and the weekly radio show is called spectrum if you would like and new information on the coronavirus or any other science topic you should really check out our podcast so you can get it wherever you get your podcast you can also find us at the. Science. So dont be betting on e v shaped recovery the head of the u. S. Federal reserve warns of an extended period of weak growth and calls on washington to write bigger checks also coming up travel giant tree announces thousands of job cuts after a loss making winter period and with an even tougher summer to come. Plus greece is notorious for its red tape and slow moving officialdom but the Coronavirus Crisis now has things moving faster. And chris coburn bilin vulcan to the program u. S. Federal reserve chair Jerome Powell has warned that the coronavirus pandemic could trigger a prolonged recession in the United States speaking by a video link mr policy
About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
The show. Oil finding some support from markets as we still get earnings coming out. Fiat chrysler withdrawing its full year 20 guidance. They plan to restart production as conditions allow. About 100djusted ebit million euros. Nonetheless, continuing to see withdrawn guidance. Really hard to make a decision as a Portfolio Manager when you dont know what the outlook is going to be. It is time now for todays market moving news from our brussels and new york teams. We want to begin in europe, where germanys top judges gave the ecb a threemonth ultimatum to fix qe. The court ruled that some aspects of its Asset Purchase Program arent backed by eu treaties. Going to brussels is maria tadeo. What does it actually mean, and have we seen any response from the eu on this . Maria it is a bombshell, really. The judges are basically saying overall, there is no monetary financing, which would be illegal, but some aspects of qe are unjustified, and not backed up by european treaties, which means th