Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis
Order today overhauling policing in america. Coming up at 8 00 a. M. Eastern, former Senior Adviser to president obama valley Valerie Jared is here and joe biden narrows down his pick for Vice President. Concerns over coronavirus spiking, cases in the United States surpassing 2. 1 million. Now more than 116,000 people have died and the death toll is expected to top 200,000 by october. At 8 30 a. M. Eastern this morning we will get another look the impact is having on economy for the month of may. We will get the numbers to you as soon as they hit the tape and check out the markets impact. Growing tensions between north and south korea, north korea blowing up an interkorea Liaison Office near the border. Mornings with maria is live right now. Maria and stimulus from the Federal Reserve sparking a rally across the globe this morning. European indices high err cross the board. The cac quarante in paris is up 104. In asia overnight markets soared on the hails of comeback and the bank of ja
Criticism of the Prime Minister and his government run a says it must be scary living in the us to be so bad for humanity in policy development she then goes on to city agree we have huge inequality too norma says the print media is dying but its mostly their own fault by some lies thats what they print i have a newspaper for years but i get all untruthfully on social media gemma says newspapers have brought on their own demise by reporting biased news finally scott says there is no way to run a pandemic government just save lives and live right. The lockdown of the better part of the World Economy is an event without precedent in World History never before has a 1 august session been engineered as a deliberate act of policy to tackle a Health Crisis vicki price is the chief Economic Advisor of the center for economic and Business Research shes also a former head of the Economic Service and the United Kingdom who better to assess the prospects for economic recovery think the price now
Havent bought a newspaper for years but i get all untruthfully on social media gemma says newspapers have brought on their own demise by reporting biased news and finally scott says there is no way to run a pandemic government just save lives and live right a lot of the better part of the World Economy as an event without precedent in the world has strained never before has a world recession been engineered as a deliberate policy to tackle our Health Crisis vicky pryce is the chief Economic Advisor of the center for economic and Business Research shes also former head of the Economic Service and the United Kingdom who better to assess the prospects for economic recovery vicky pryce now joins me from london. Vicky pryce what of the 4th quarter economic figures tell us about the impact of the. World economy basically were seeing anything traction to spread across the world and be one of the interesting issues is 1st of all how much. To do contractionary and his activity to stop because w
Never seen it like that. Oh, boy. Oh, how the world has changed. How the world has changed, right . But its going to end up being than ever. I like to thank you very much for being here and i would like to update you on the steps were taking on her ongoing fight to defeat the virus. This morning at 7 55 i spoke to spoke to the leaders of the g20. Had a great meeting. And we have a lot of different ideas, a lot of good ideas. Were working together. The leaders gathered virtually around the world tor to discusse whole subject of the problem that right now 151 nations have got. We had president Alberto Fernandez of argentina, Prime Minister Scott Morrison of australia, president of brazil, Prime Minister Justin Trudeau of canada, president xi of china, president Emmanuel Macron of france, chancellor Angela Merkel of germany, Prime Minister modi of india, president of indonesi indonesia, the Prime Minister of italy, Prime Minister shinzo abe of japan. Congratulations on japan t unmaking of