Broadcasting live from our studios in moscow this is our Team International im. Certainly glad to have you with us. Now the mayor of seattle has responded furiously to a thread by donald trump to deploy the military to her city to break up an autonomous zone set up by black lives matter protesters jenny durkan said any such action by the u. S. President would be against the law. Our president wants to tell a story about domestic terrorists who have a radical agenda and are promoting a conspiracy and fitzs law and order initiatives its simply not true the threat to invade seattle to divide and incite violence in our city is not only unwelcome it would be illegal the capitol hill autonomous zone was formed at the beginning of the week by black lives matter activists they barricaded themselves inside 6 blocks in the center of seattle and declared it a police free area activist doesnt. Explains what life is like inside the commune. I am down here in the capitol hill autonomous zone also kn
Economist poll were expecting 54. 2. So it is well north of that. The jobs number well wait for the details of that tomorrow. Im really curious as to what is happening in the employment picture right now. But over the next few days, well get more employee information on that following last thursdays blowout data. But this is a very, very strong number. How did that translate into perception of what is happening with the economy now while Global Equity markets as kaley said, starting to weaken very strongly. The china data helping out. But some investors despite what were seeing, strategists saying the returns to be limited. The c. I. O. Of hedge fund capital is not particularly optimistic. The economy is in a very troubled place. Frankly, the worlds in a very troubled place. The market is across all Asset Classes, the markets are incredibly volatile. The performance within asset class is incredibly dispersed. Thats going to be with us as the Global Economy is likely to move in these fi
500 stocks down over the last 10 weeks today was the 3rd straight day with over 6000000000 shares traded on the nasdaq all of which have been higher than any day in history to put that in perspective from 2009 until 2020 there wasnt even a one day with 5000000000 shares theres no connection between the economy and the stock market now that spot abnormal theres usually a lag between the 2 main street can collapse and then stock market can start moving up based on anticipation of main street or the economy picking up and sometimes the stock market will go down before the economy does because it has this tendency to be a quote discounting mechanism but what were seeing here is not a discounting of prices based on some fundamental analysis of the economy what were seeing is an utter divorce an utter split from the real economy and the financial ised funny money fed driven casino that is now taken over the globe this is causing 2 things the overlord class are becoming fabulously wealthy and
Showing you what is the situation and how the situation is evolving and i think based on that there. Is still continue housing. Public health measures. Early detection and mental. Health systems across a constant will struggle to cope with severe outbreaks. Talking about how countries in particular with 3 being the hotspots south Africa Nigeria and cameroon and its just that the cases were going to see in these 3 countries will rise as true until such a time that went about singing peace peace peace peace for you right now africa has around 200000 cases it could be 1075 percent of these cases reside in at least 10 countries on the continent but what is clear is that even before covered 900 the whole system in africa not prepared for a pandemic like this in addition to that the reason why we may probably see the rising number of covered 1000 cases in the coming weeks and months is because of the Weak Health System in africa and poverty levels were talking about a continent where some of
Surge here. Well speak with the mayor in miami and about the spike with the virus. And an ammicable separation. Match group completing the spinoff. Parent company iac last week theyll discuss the strategy Going Forward and Online Dating during the pandemic. Lets focus on the big stories of bob pisani has the stories. Meg terrell has updates on the coronavirus and Brian Sullivan is covering Warren Buffetts new bet on the energy space. Bob, lets start with you and the markets. Yeah. The important thing about today is were up nicely but were up on lighter volume it is deteriorating a little bit from the earlier part of the day. Were once again falling back upon dependence on the mega cap tech names technology, computer services, Consumer Discretionary all of them tech oriented or continuing to lead the overall market Consumer Discretionary as i mentioned, banks still on the upside not as much as the overall Market Energy has fallen back that was an early leader i keep mentioning the mega