Exceptional move. Not a good sign. Everyone is kind of getting out of its way. The bond market seems to be concerned about a recession. The bond market is telling you it is a very dark outlook. Its not just about growth, its about potential qe, potentially lower forward guidance. Whether that is the right plan or not, they are going to zero. The u. S. , unfortunately, will be dragged down more toward europe. The rates market has another 25 basis points it could go. There are so many assumptions that are being repriced now. Be careful out there. Jonathan joining me around the table is george rusnak, oksana aronov, and gershon distenfeld. Oksana, lets begin with you. Remember the payrolls report . Oksana vaguely. Jonathan do you remember the rate cut earlier this week . How long has this week been . Oksana one of the longest but also one of the most exciting. If you were coming into this with a lot of dry powder, as we are, this is like christmas morning, although we are just getting war
This has been such an exceptional move. Not a good sign. Everyone is kind of getting out of its way. The bond market seems to be concerned about a recession. The bond market is telling you it is a very dark outlook. Its not just about growth, its about potential qe, potentially lower forward guidance. Whether that is the right plan or not, they are going to zero. The u. S. , unfortunately, will be dragged down more toward europe. The rates market has another 25 basis points it could go. There are so many assumptions that are being repriced now. Be careful out there. Jonathan joining me around the table is george rusnak, oksana aronov, and gershon distenfeld. Oksana, lets begin with you. Remember the payrolls report . Oksana vaguely. Jonathan do you remember the rate cut earlier this week . How long has this week been . Oksana one of the longest but also one of the most exciting. If you were coming into this with a lot of dry powder, as we are, this is like christmas morning, although w
On the consumer. We will dig into the fallout there as power lunch starts right now. Tyler, thanks. Welcome to power lunch, everyone stocks are selling off hard for the second day in a row. We are near session lows right now with the dow down about 600 points thats a 2. 4 drop for the dow for the s p the nasdaq down 2 today but if you add up yesterday and today, all three of these averages are down about 5 in just those two sessions. Take a look at some of the moves weighing on the dow. You have boeing, United Health, visa down 4 we were just discussing United Health a lot of different challenges there. Lets go to the New York Stock Exchange with a run down on todays selloff. Hi, bob. Kelly, an old saying on bleet if you cant trade on the fundamentals, trade on the technicals s p 500 the last two days this was yesterdays low, midmorning, another drop volume picked up, trading on technicals this happened a little while ago and the cdc announcementadded to new lows for the day. New lows
Record low treasury yields. They have gone to further record lows. This has been such an exceptional move. Not a good sign. Everyone is kind of getting out of its way. The bond market seems to be concerned about a recession. The bond market is telling you it is a very dark outlook. Its not just about growth, and its about the lower bound, the potential qe, potentially lower forward guidance. They will have to step up to the mark. Whether that is the right plan or not, they are going to zero. The u. S. , unfortunately, will be dragged down more toward europe. The rates market has another 25 basis points it could go. At least 25 basis points it could go. Another 25 basis points at least it could go. There are so many assumptions that are being repriced now. Be careful out there. Jonathan joining me around the table is george rusnak, oksana aronov, and gershon distenfeld. Oksana, lets begin with you. Do you remember the payrolls report . Oksana vaguely. Jonathan vaguely . Do you remember
Up on the firefight and the damage. The latest on the coronavirus as of the fourth case emerges in the south bay, a wind advisory. The winds are expected to kick what weve learned about the news case and one local school up over our area for our hills as well as in our east bay and district is responding to two more cases of possible exposure along the coast for today. The Golden Gate Bridge, partly cloudy skies. Its a cool start out there. Joe biden celebrating after a lot of 40s, few low 50s in a big win in South Carolina last night and Bernie Sanders busy in san jose today, the morning. California taking center stage into your afternoon, that wind with super tuesday right around advisory coming up and sticking with us through tomorrow the corner. From ktvu fox 2 news this is mornings on 2. Morning into the extended forecast, we start a new month but still no sign of rain. We are going to warm it up once good morning to you, the Golden Gate Bridge getting a little again. Details on t