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Transcripts For CNBC Street Signs 20240712

Monthly contraction on record as gdp falls more than 20 on april on the countrys first full month of lockdown. A resurgence of cases across the u. S. Fuels fear of a second wave as the imf calculates around the world already spent 10 trillion to fight the pandemic and warns america cannot afford another lockdown we cant shut down the economy again. I think weve learned well create more damage, not just economic damage but there are other areas. Weve talked about this, medical problems and Everything Else the six group seals the deal batching the nearly 3 million take over. Well talk with the ceo at 10 35 cet. Very warm welcome to street signs. Happy friday it has been quite a week for morning ets. We open the day in negative territory extending the losses weve bounced across the flat line into positive territory it has been a volatile choppy session already. The theme is certainly over the last couple of days in the reversal of the cyclical value parts of the market. That trade has bee

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