Up for the season that starts next month with all the teams playing in phoenix. The cdc and National Institutes of health are supportive even espn. Even though there wont be any fans, it seems like we might return to some semblance of normalcy well, dont take me to the ball game, but have a ball game i think thats the perfect metaphor for today the market started strong, kind of excited about the baseball season dow up at 1. 900 points i think the metaphor is actually wrong which is why we sold off hard in the afternoon. Dow ended up closing off 26 points s p dipping. 16 it was quite a reversal. Were supposed to be in one of the saddest moments in history while we slow the spread of covid19, the death toll keeps rising the darkest is just before dawn. What do they think dawn looks like if you judge from yesterdays action, investors are buying on a vshape recovery boom, boom, business comes back, everything comes back to normal. A v says we have this virus whipped in no time id love tha
Oils biggest drop in three decades. Some buyers of saudi crude are said to seek 50 more after it slashes prices. The ferocity of yesterdays in this mornings rolldown. You are seeing a moment of either reprieve, and the best opportunity to sell in terms of the s p futures over the past two days. On a futures front, we are off on the s p up on the s p futures. Up 3. 5 . All out recession was being pumped into the prices yesterday. We turned into a bear market. Dropping futures by 20 . Have a look at the bonds. Yesterday was down for equities. This morning there is a limit down. Thats giving you a nice spike in yields. My last guest said expect a further pump higher in terms of yields. That is when they would seek to enter the market. The fed are active. The new york fed are adding liquidity. Turning on the repo tap. Say the fed as opposed to a Global Central Bank reaction. The fed is acting on liquidity. Roll over the currency market. , yields protectionism rise in the United States of a
A billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why is the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we cut down on all these headlines on these stories of cartels beheading people but yet youre mentioning that there is a crime wave that goes on in america and perhaps if we got rid of all the jamie diamond taking all the money perhaps member the velocity of money chart we showed perhaps there would be more velocity of money but just in terms of ending that crime if you end the crime if they end the Violent Crime on the streets you know what is there in the world except for a few system and financialization so and weve also covered that like with boeing or Union Pacific all the. Is normal like manufacturing sort of jobs that are s
The crisis was mid level in america and now hes a billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why is the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we cut down on all these headlines on these stories of cartels beheading people but yet youre mentioning that there is a crime wave that goes on in america and perhaps if we got rid of all the jamie diamond taking all the money perhaps member the velocity of money chart we showed perhaps there would be more velocity of money but just in terms of ending that crime if you end the crime if they end the Violent Crime on the streets you know what is there in the world except for a few system and financialization so it weve also come. That like with boeing or Union Pacific all these normal
Mexico could encourage more investment leading to higher Economic Growth the private sector think tank said last week that is why it is indispensable to guarantee the security of the private Sector Center for economic studies said in his weekly report i dont get it may and i mean look at america we know at j. P. Morgan we know and jamie dimon their Business Model is to keep 0. 90 of every dollar they steal they pay 0. 10 of every dollar they steal as a fine they played hundreds of millions of dollars in fines jamie diamond before the crisis was a midlevel guy in america now hes a billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why its the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we could. Down on all these headlines on these stori