Watching for wild swings right here 10 year yields 0. 7 and thats pretty stable compared to where we were two days ago i checked that, whats the problem with the markets but theres a lot going on breaking overnight, this should have been somewhat helpful you would think. Bank of england announced emergency cut. Lowering the bank rate by 50 basis points to. 25 englands central bank also announced a new funding plan to support small and Medium Sized Companies as well as new steps to help commercial banks lend more well get a live report from london in just a couple of moments. Now an update onthe coronavirus. In the u. S. , confirmed cases have now topped 1,000. Want to get to meg now who joins us with the latest meg. Good morning, andrew, case counts drived to 119,000 overnight with almost 4,300 deaths among the hardest hit countries, italy, iran, and south korea and they tell dramatically different stories. Italy reported highest daily jump in deaths yesterday to more than 600 of more
Prone to gaffes. In congress, no agreement on how to respond to the virus. The latest proposals, a payroll tax holiday for the rest of the year. In other words, your Social Security contribution, suspended. Another one, extend the april 15th tax deadline. However, congress had better get on with it. A oneweek recess starts friday. The market, not happy with any of this. Stocks will be down at the opening bell. You kind of get seasick watching it all. Down 2,000 monday, up 1100 tuesday, this morning we will open about 800 points to the downside. Similar losses for the s p and nasdaq. The virus, there are now just over 1,000 cases in the United States. Draconian action in new rochelle, new york, where the National Guard has been called out to help with a cluster of cases in that town. Seattle has restrictions on large gatherings. The first lawsuits have appeared, a cruise line sued. And just look at this. Students at the university of dayton rioted last night after the authorities announ
Percent of the u. S. Spend do you think its just a jobs program or do we really need to occupy all these countries where our special forces are in 70 percent of all nations across the world what is this about war has become of very ambiguous project in our life time you know it has lately evolved to more like occupying certain countries in kind of a desperate attempt to stabilize problems that weve created i think we have to consider that a lot of it comes from the evolution of what the condition of the world was in 1905 after the 2nd world war our intentions were not always wholly bad and probably still are not wholly bad but they have become distorted in perverted and it certainly doesnt help that so much of our Gross Domestic Product is now dedicated to the enterprise of the. Big u. S. Warfare yeah seems like the war is definitely the number one export for the us but i would posit that antiwar and this is one of the reasons why being attacked by whats called the deep state of the de
Seemed to be based on that understood superman in. Welcome to front running 2025 max kaiser Stacy Herbert and were taking a forensic deep dive into all the candidates and their positions stacey i think today were going to take a close look at what we call antiwar yes because we actually had a candidate in these democratic primaries who is antiwar this is one of the really radical positions in u. S. Politics because usually we always have a prowar candidate and you actually have to show your credentials constantly about how prowar you are remember Hillary Clinton was her famous line was we came we saw he died ha ha ha ha ha ha cackle and that was referring to khadafi and libya and joining us to talk about anti war is James Howard Kunstler and dr Michael Hudson you were the author of super imperialism so you know about the role of war in exerting this imperialism 1st of all tell us a gabbers position on antiwar has incurred the wrath of the entire political and certainly of the media spe
Rescue, is it really going to do very much about the problem . Futures pricing in the fed rate cuts at three for the rest of the year but of course this as more governments are taking action and coming to the rescue with fiscal measures. Speaking nowr abe saying japan will take bold measures if needed. He is also saying he will soon announce policies tackling school closures. Schools are in hong kong and now japan will follow suit from march 2. Let us get a quick check of the markets. Equity markets are giving into the rest of the global selloff. The cfx 300 is often the low of the day. But still down by more than 1 . The hong kong hang seng also testing the of trend that had been in place since august. Japanese equities bearing the brunt of the selling. In a correction position. Off by more than 3 just today. As np futures are rebounding just a bit. Up about 0. 5 after the worst day since 2011 and a decline of more than 4 . I want to take a look at some of the risk propositions. Repre