There trying to buy a stake in Russias Energy company, we have more details on what went down. It is raising questions, why was the Vice President son involved in the energy deal that could move the oil markets partnering with the head of the Chinese Company that is gone missing, he was considered chinas bridge to russia for energy deals, another executive at the same company arrested for Money Laundering, will show you what we found crosschecking hunter biden, secret Service Protection for these types of business deals, did hunter biden. Payments for this kind of work in Shell Companies and was any use of that illegal, also did the media and democrats political attacks on operation warp speed, did that delay delivery of successful vaccines, the chief advisor to operation warp speed said yes it did and we are tracking a major push back, even u. S. Counties, Small Businesses battling back against extreme covid19 lockdowns and curfews, literally an explosion of lawsuits, thousands of law
The only stocks that are doing well right now, some of the reopening trades and some of the big laggers for the year like cruises and airlines and some retailers still in the Green Energy Stocks also outperforming. Is this the start of a serious correction or a buy the dip opportunity were diving into that debate. 59 minutes left of trade 59 minutes of of this roller coaster session. Lots of guests as well the market pulls back. Well speak with three ceos that got insight into the state of the consumer, their spending and recovery in america. The ceo of campbells soup will join us on the back of had his companys Earnings Results that stock down 7 right now plus, well get two reeds on the beaten down travel sector with glenn fogel and mark hopelinger. Well speak with nick clegg about the new policies surrounding the election looking forward to that one. Lets get straight to our top story of the day the market selloff Mike Santelli has more on the major market pull back. A big pluflush o
Well get to him in a moment as well lets begin with our gang today. Jim, ill kick it to you first as we look at the markets here, it is this legit is this move of the last couple of days something to truly bank on you know i always want to give you a direct answer but this one i got to give you a solid, i dont know. Maybe im playing it both ways, scott. Ive got 8 cash which means im 92 invested after a move like yesterday, i wonder should i put it to work i think we retest the lows based on the degree of uncertainty than the 8 cash will be be such valuable currency to me buying to me what will be well below market or fair value prices that the mistake im willing to make is hold that 8 cash and not invest it right now. You must have a feeling of whether or not you think were going back to the lows are you feeling you want to move away from that because of what happened yesterday and this follow through today ill be totally honest with you, yes yes, i am. On the back of a positive change
Out at home. The requirements to wear face coverings does not take the place of social distancing. Reporter they do not need to be medical grade, Health Officials say bandannas or cloth masks will do. This just feels like another order, it is important to realize that this actually enables us to lift other, more restrictive orders. That is the hope. Right now, no easing of restrictions has been announced. Notably, Santa Clara County is not mandating masks yet. Resident say they would support it. It is hard to distance yourself in the store when there are others around and if we can reduce the amount of come you know, spray going all over the place, that is probably a good thing. I think it should be a requirement, i feel guilty not wearing one right now. I think we have a responsibility during this quarantine to limit the spread of the virus as much as possible. Reporter the new rule will take effect tonight at 11 59 but wont be enforced until april 22. Officials want to give people en
The tunnel but this is going to be a very painful two weeks. Uk Bank Stocks Fall after lenders ditch their dividends. Joining the european counterparts on calling lenders to hold on to cash sinking deeper into contraction while the italian pmi drops to the lowest in a decade i expect to see some very bad numbers coming out of the economy in the First Quarter, Second Quarter and what it looks like coming out will depend how the virus proceeds lets do a little bingo calling here this is your eurozone pmi bingo numbers. Final manufacturing pmi for march 44. 5 that is the lowest since july 2012 the final manufacturing output number, pmi at 38. 5. The lowest since april 2009. Worst than the flash estimate. Rounding it out with a look at the final new orders the constituent 38. 5 the lowest since march 2009. Clear indication of significant decline in eurozone factory activity u. S. Futures turned sharply lower after President Trump warned that the next two weeks will be painful as many as 24