Safe with investors going allin on the kind of stocks theyll be very sorry about if the good news for the past 24 hours fails to payoff. And thats how the dow surged 912 points the s p rocketed up 3. 15 . And the nasdaq 2. 44 too many of the socalled pro covid stocks you know what i mean when you look at pictures of lines at bars in ohio or wisconsin this weekend, im sure you saw them how about the packed beaches theres none left in jersey, and florida. Its clear america is reopening for business theyre putting in new rules and regulations to keep people safe, social distancing and happened washin hand washing people are ignoring them talk about better to be sorry than safe. Living in new york i know the virus is contagious. I hope the rest of the country doesnt have to find out the hard way this is reckless, but seeing the lines did make me more confident about the economy. It did seemed somehow good even though i know it could be dangerous second, we got a look at a totally reassurin
2 ls. And it kept us fixed amount of carrying, raising following mediation. If i kept on an agent to furnish president of monuments on arrives in israel and the mesa western needed to visit the region, the well, it was about 7 g m t. Thats 10 oclock in the morning and garza and it has been no laptop and israels plumbing campaign. The amount of hearing crisis is growing 5 a minute. The palestinians have been killed overnight as rarely as strikes the target. Some details. Chelsea and giovanni a refugee accounts to Health Ministries as many of the casualties of women and children, as well as have pounded the southern cities. A rough on con eunice power has not been restored to to the indonesian hospital in northern garza. It went dark, often running out of fuel. But the ministry is, has a total collapse of the Health System is imminent. Saucedo overwhelmed by the numbers of dead and injured. So it says when began on october, the 7th. Well than 5000 palestinians have now been killed and ga
Coauthor of the case shiller index. Lets get right to the heart of the action as we continue to survey the field here and again this is a a historic storm. It is historic for many reasons. Particularly the damage its done. Lets go to jeff flock. Hes in Point Pleasant beach new jersey new jersey. Im wondering if the homeowners are coming back to their houses now and trying to assess the damage. Jeff just talked to a couple of people. People have been waiting in and out. Theres a guy down there in boots. Some people have waded through in bare feet, believe it or not. I talked to one guy who came in in a boat, rode in a boat and surveyed his house, rode back out. Theres no other way to get in. They have cut off access. In fact we cant get out. Jimmy, spin around and show them our truck, if you would. Those are our trucks that we use to transmit our signal if jimmy plans more to the left, you see the sand in the road. Look at that sand. Number of folks have gotten stuck in there. We cant g
Fear, because oil comes down or Interest Rates are coming down, bank stocks are going down sell sell sell. Or we can collectively roll up our sleeves and find out what high quality stocks are on sale simply because theyre caught up in the marketwide sell jot. Today paid off after initially getting obliterated, the averages rebounded nicely, to close down 255 points, the nasdaq inching down just 0. 39 . First lets get the negative going on. Whats really ailing the market is that all stocks trade together off of news that shouldnt produce such an how meteorology niced output. The negative goes like this something is ailing the europe banks. So are ouric banks stocks ranked to go down . Why not . Theyre acting hideously. It could be because they have more balanceoid loans than we dont know about, or maybe just theyre going down because theyre going down, the industry is collectively lying to us. They have all the huge exposure to European Banks. In other words, people are worried that the
Something is ailing the europe banks. So are European Banks stocks ranked to go down . Why not . Theyre acting hideously. It could be because they have more oil loans than we dont know about, maybe just theyre going downwnecause theyre going down, ththindustry is collectively lying to us. They have all the huge exposure to European Banks. In other words, peop are worried that theres systemic risk, that havent yet happened again, and for the report might not happen at all again, but we have tore scared out of our wits, because thats what we did in 2011 and decided to sell everything, because the market went count 19 . There, thats the scenario. Plus oil is going down. We have Oil Executives chatteringngbout how well have to put crude in swimming pools, because theres so little Storage Space left. I thought it was a funny comment. But the oil futures guy realize its danrous to own oil. The market bounced somewhat when once again we heard press reports i could have said lies but that ther