Washington coming up markets are slipping on fears of a 2nd coronavirus wave and were here to break down the following the future of the u. S. Economy plus its just us that swept the nation causing much policy debate Corporate America has moved in and how to board the movement well discuss and later we take a look at the state of big coin amid the growing global unrest and whether we could see an upcoming surge with a packed show today so lets dive in. And we lead the program with the u. S. Equity markets in turmoil the dow and s. And p. 500 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday by the u. S. Labor. Department new unemployment claims were just over 1500000 f
Being challenged more than 100000. 00 of you have watched and commented on the story that we did earlier this week about china unloading part of its share of the u. S. Debt that it owns right it did so because it believes that the United States dollar is about to be horribly devalued because of what the fed is doing by printing so much money seemingly out of thin air probably right the u. S. Dollar will undoubtedly at some point be worth less and may eventually be pushed out as the only world currency probably by china maybe in the next 10 to 15 years. But heres todays developments it appears that theres another player in the world stage thats making a similar move russia is now sending signals of no confidence in the u. S. Dollar as well and its doing so in a different way see the Russian Parliament has now officially cleared the way for the country to double its supply of gold what it is essentially doing is its removing the barriers including taxes so that russia can accelerate its
Being challenged more than 100000 of you have watched and commented on the story that we did earlier this week a believes that the United States dollar is about to be horribly devalued because of what the fed is doing by printing so much money seemingly out of fair probably right the u. S. Dollar will undoubtedly at some point be worth less and may eventually be pushed out as the only world currency probably by china maybe in the next 10 to 15 years. But heres todays developments it appears that theres another player in the world stage thats making a similar move russia is now sending signals of no confidence in the u. S. Dollar as well and its doing so in a different way see the Russian Parliament has now officially cleared the way for the country to double its supply of gold what it is essentially doing is its removing the barriers including taxes so that russia can accelerate its gold buying spree the kremlin has made the dollar is ation as its been called a long term priority this
Industry by making it europes top clean car producer. And for Minneapolis Police officers are fired over the death of a black man after video emerges of a white police man dealing on his there. Hello thanks for joining us concern is growing at the potential scale of the corona Virus Outbreak in latin america the continent is nearing 150000 deaths and the World Health Organization says the spread is still accelerating in brazil peru and chile brazil is a fit to kill or concern as it now has the 2nd highest number of infections in the world and the u. S. Study is warning its total number of deaths could multiply 5 fold by early august terrorism begins our coverage this hour. Away from the sandy beaches of rio weve. Gotten that out are trying to locate covert patients in theyve 1115. They have just recovered from 1000 themselves and are now working on their day off to help those in need. Hospitals are full most cases were not serious so this way we could help them to going to people where
I call it transition to greatness. Mothers day weekend mess. Bitter cold and wintry weather, even snow this morning for the plains, to the east coast. More than 125 Million People feeling the chill with some places even colder than they were on Christmas Day. Will it warm up by tomorrow for mom . Dylan is back with your forecast. All that, plus remembering the real tiger king. Roy horn after the legendary duo Siegfried Roy dead at the age of 75 after contracting coronavirus. From his vegas stage show, the tiger attack he survived, well look back at his imagine al life today, saturday, may 9, 2020. Announcer from nbc news, this is today with peter alexander, Kristen Welker and dylan dreyer. Welcome to today. We thank you for joining us on this saturday morning. It is a big saturday morning because we could not be happier to welcome back our friend dylan from maternity leave. Welcome back and just in time for mothers day. Just in time for mothers day. Just in time for cold weather. I did