Meeting to tackle the threat today. Nejra an emergency and shock move from the fed. Not just rate cuts but also 700 billion of asset purchases. The markets say its not enough. Take a look at the 10 year yields. We dropped as much as 30 basis points, down 27 right now on a 67 handle. Yields dropping across the curve and we are seeing flattening. The markets not responding well from what we have seen from powell. Dollar weakness. Morgan stanley saying markets are bottoming out so it is time to sell. You want to short the greenback versus the euro, the aussie, and the loonie. We are in the final part of a severe bear market. The bear market inequities that has been continuing in the asian session, a lot of red on the screen including japan. It is a lack of faith in centralbank ammunition. Have seen a lot of action throughout the night. The boj stopping short of a rate cut by talking about more stimulus in terms of etf purchases and a rate cut from the rbnz. Attention turns to the g7 call
Of alabama just to make it clear thats all on the east coast of the United States and early results show that former Vice President joe biden has taken the state of virginia lets go a little bit up further to vermont right there of that is for Bernie Sanders is the sitting senator since 2007 been a member of caught represented in Congress Since 1901 yes he is also going to win his home state so by this projected to win at least 16 of the 99 delegates that are up for grabs in virginia you win a state but you dont get all of the delegates allocated proportionately so right now this is where the number stand joe biden is leading with 69 delegates actually ahead of Bernie Sanders this may or may not last but thats actually the 1st time this has happened since we all began this a few weeks ago Bernie Sanders and 68 and the senator from massachusetts Elizabeth Warren right now its 8 delegates the magic number they need to get to is 1991 not tonight there are still many more contests but over
Video from charleston and other stops on the tour, visit cspan. Org citiestour. Youre watching American History tv. All weekend, every weekend, on cspan3. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] what a continuous process of reworking the transition policy. Of the Seen Movement institution into a more concentrated discussion around the role in advancing Health Security, and promoting stockpiles and advancing hpv vaccine. At immunization across the lifespan. Institution has been graded at various points with very high marks in terms of gender equity, transparency and accountability. Its ability to shape markets effectively in order to bring prices to within affordable levels but also to expand the pool of producers which has more than tripled in the course of the tenure. The notice states remains very strong, and congratulations that last week the administration on the 10th of this month ann
The 737 max grouting sends the company to its biggest defeat in with airbus. Manus warm welcome to bloomberg daybreak europe. Noouple of things about tariffs being rolled back and may be a ban on u. S. Companies selling their goods to huawei. There is more upside. According to jp morgan, 13 upside. There arent any bubbles here. There is 13 that left in the s p tank after the close of business on monday. You will not see a bubble until 3700, which they see possibly in the second half of the year. It is a great debate about whether these valuations are stretched or whether there is more miles in the tank. I know we have a cracking guest lineup to answer the question. Nejra a yearlong accelerated rally that jp morgan want to see. The recent rally has been led by the mega caps. The small caps have been underperforming. The putcall ratio has been dropping. Does that show that sentiment has got overextended . Most pessimistic in six months. In a lot of different indicators to look at and als
A shock sighting off the italian island of sicily 3 huge killer whales traveled more than 6000 kilometers from their home off iceland to the mediterranean. Im brian thomas great to have you with us all fears are growing at this hour for the residents and tourists trapped by raging fires in a number of coastal towns australia people are sheltering at this hour on the waterfront preparing for possible evacuation by sea now it is an unprecedented situation across the country the areas worst affected australias 2 most populated states New South Wales and victoria now the town of melaka is where 4000 people have fled the fire there down the beach right now well be going to that area to find out more but 1st heres a look at the scope of these blazes which have claimed 2 more lives a father and a son attempting to protect their home. Stranded by the seaside. Thousands of tourists and locals are being held hostage by raging wildfire in the town of monaco and its too late to leave so all they c