Now is to try to deter people from coming out to the beach. But you know like that and stop people from coming out they actually came out and rolls over the weekend were going to show you what beaches looked like in Southern California right now that prompted this decision to be made by governor newson you might remember to close down these the parking lot of the catalysts youre looking at it right now look at these large crowd in turn orange county. Its reported that about 800,000 people were at a Newport Beach over the weekend. Now back here at home, you know people were out enjoying the weather. Now the rule is if youre not 5 miles away from where you live youre not supposed to be going to the beach because of social distancing. Well Governor Newsom saying those a large crowds that are seen on your screen right now were an example of what we should not be delayed. About a 100 beaches and sort of easily defined 100 beaches. And there were 5 where we had some. The ticker johns overwhe
A live update from beirut. Libyan war logs Khalifa Haftar announces a ceasefire during ramadan soon after launching another attack on. The with the sports man is set to be crowned champions in france as the Domestic League season is cancelled. With numbers just released out of the us that show the continuing trend of widespread job losses more than 3800000 americans filed for benefits over the past week well that takes the total number of jobless from 26000000. 00 last week to more than 30000000. 00 now the Unemployment Rate hovered around 3. 5 percent between december and february but in march it jumped to a 2. And a half year high of 4. 4 percent thats roughly more than 7000000. 00 people a state governments now begin to restart their economies their easing lockdown measures more than half of the 50 states including florida or partially reopen by the end of the week as the john hopkins dashboard shows at least 1000000 people in the u. S. Have contracted the virus nearly 61000 have di
Fight against the pandemic one of the worst hit countries in asia reports no new local cases. And the u. S. City of miami starts to lift its lockdown restrictions despite a high number of cases. Im going to go with sports is italy its football season looks set to be scrapped players are about to start training again but the country sports minister wants to follow france and the netherlands and focus on next season instead. Its 10 g. M. T. And we start in europe where the economy has suffered its biggest quarterly hit on record shrinking by 3. 8 percent so far this year thats the eurozone sharpest drop since records began in 1995 so yet another indicator of the widespread economic devastation caused by the coronavirus lockdowns around the world all that comes after germany which is europes strongest economy announced its g. D. P. Is on track to shrink by more than 6 percent this year because straight to don. It came it joins us live from len so dominic we were expecting of course the ec
Are beginning to see the impact of the cuts. Depending on where you are in a lot of the focus on your markets, a lot of the focus is on your data. You have a lot of earnings and banks saying coming up with a little bit of a forecast. And then we have quite a lot of corporate macro views, we are expecting a number of big Central Banks to come out with statements. Life to 11ing its a barrel. Rapidly moving storage capacity. That story today with a lot of corporate earnings overall looking at not only the oil story extending but if you look at the s p 500, the contract fluctuating. In europe we are holding firm. Lets get to new york city with first word news. Europe heard much of the continent looking to you loosen restrictions. Setting up their plans following germany, austria and the netherlands. Wary ofkers are spurring a second wave. Here in the u. S. , the white house issuing a new strategy to expand Virus Testing as well as revamped guidance for states announcing they would open hun
And you told your club members this morning were done selling for now. You raised the cash for when or if the market starts to revert to its old ways. Weve been selling into this strength and have to set up for another leg down why . Were about to go into earnings. Mcdonalds this morning reported some bad numbers and withdrew forecasts. We may see more of those once april 14th comes around. Its earnings season when we come back from the holiday, i think well have earnings cut earnings cut. I donennt think this is didnt where do we think earnings are trending, with so many guidance pulls, we got more out of levi last night how do we know what a reasonable model for this years models are . Both pinterest and levis rallied, why they said we cant forecast, but we have good strength in the core business. Levis talks about theyre an iconic brand and they can do well i cant hang my has the on that. Those stocks are down big. I would tell you that there are companies that will have better numb