Get into that phil flynn, the senior analyst, Fox News Contributor as you know, adam joined us from agoura financial, jackie deangelis, we will be going through these numbers and sectors as you keep looking at this but alan, looking at it and i want to tip my hat to you because in the middle of this down graph when people were looking for barrels to go over with you said wait a minute, this is not as bad as it looks and sure enough you were proven right, going back to last march and where we are now, what can you do for an encore . Obviously we saw the market snapback as we seen every time in history, we are in a bull market, everything the market has thrown at it its been able to bounce back and bounce back the difference of a selloff, that is a lot higher move, you talk about the 10000point drop in the dow, that pretends 40000, that may seemed like a Staggering Number but its 30 above where we are now and lets remember the dow is 65 off the lows, there is upside left and until the dy
Restriction due to covid19. sime minister trudeau ambitious immigration policies resulted in the fastest pace of population growth in three decades. Despite the Current Border closures, canadas immigration minister does not want to scale back the countrys immigration targets for the coming years, which includes bringing in more than 350,000 new permanent residence in 2021. The wildfires, power outages, and extreme weather ravaging california are taking a bite out of the state economic recovery. Officials say the blazes that scorched more than 4 million acres over the past three years have caused a record 1. 1 billion. This weeks hot and dry weather is reminding residents that wildfires season is not over yet. The coronavirus pandemic has also battered the state, leaving them with a 54 billion hole in the budget. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg.
Oil stocks and hopes opec plus would reach a deal to cut output President Trump has threatened to withdraw u. S. Funding from the who blaming the agency forgetting its virus all wrong and being too china centric. They could have called it months earlier and they should have known they probably did know well be looking into that carefully and put a hold on money spent to the w. H. O weve had Movement Across the italian bond yield curve after finance ministers failed to reach an agreement on the plan for the talk after 16 hours. Theyll reconvene for another video call tomorrow. The picture across other 10year, as you can see. The price a little higher here and reflects the market to reprice risk where we see it given that we didnt get an agreement. Silvi aur silvia was tracking the meeting and was back to us very early on caller after 16 hours of talks, there was no agreement among the 19 finance ministers the Member States have been divided over a developing credit line mechanism that d
Exchange, where we bring you todays market moving news from all around the world, from hong kong to london, to new york and washington. Our bloomberg voices are on the ground with todays top stories. In asia, hundreds of thousands joined hong kongs biggest demonstration in months in signs that demonstrations will continue into the new year. Joining me is stephen engle. Give us the update. You know, this has been a protest movement that is now into its sixmonth, and i have to say, there is a bit of protest fatigue. People are tired of the violence. People are tired of the vandalism. They are tired of the disruptions to their morning commute. They are tired of the damage to the economy. But they are also tired of what they perceived to be an intransigent government here, unwilling to make any concessions to the protesters. That left this weekends big mark. A big question will there still be momentum for the protest movement, which has dwindled in size, but increased in violence . That an
Time for Global Exchange and bring you todays market moving news from around the world from hong kong to frankfurt to london to new york and washington. Our bloomberg voices are on the ground with this mornings top stories. Were going to start with the latest in asia. Trade uncertainty appeared to take its toll on china. The countrys economy losing more steam in october, factory input and fixed asset sales missing estimates and joining me from hong kong is bloombergs chief asian economics correspondent. Give me the rundown of the data weve got. It was a mix across the board with a slump in investment and industrial output miss expectations and on the retail spending part of things we saw the weakness go from auto and turnt and cuggetting the consumer is starting to book now none the pressure of trade war and slowing economy. There were two big takeaways from economists and onen one hand the numbers suggest were probably looking at 6 growth in this Current Quarter and probably shows the