Have been a major swing. Check out what Lloyd Blankfein tweeted. Hospitals are not overwhelmed. Most will be exposed anyway since we cant sequester until there is a vax is a Public Health benefit from broad lockdowns worth such extreme damage to livelihoods and what is more important, the potential human lives lost which are, of course, very important or the toll on the economy and possibly irreparable damage to the economy. Tim seymour . Well, look, now, if you think about where lloyd was on april 24th, i follow him on twitter, by the way i doesnt tweet that often and when he does, hes got something to say and a month ago he was saying im not so sure its wise for states to be opening but thats why we have a federal system where states can do what they do and was somewhat critical of georgia. Here he is coming in and talking about a more populous line theres politics attached to this i think theres economics attached and fascinating its whats happening and do think Lloyd Blankfein jump
Worth almost 4. 5 billion. Shares jumped the most in seven years. Singapore airshow, with the future of asian air travel and the cream of the aviation world in attendance, we are live at the airport. Let us know what you think about that top stories by following me on twitter. Dont forget to include trending business. Breaking news out of south korea, the central bank has kept its key Interest Rates on hold at a record low of 1. 5 . That is after cutting four times since 2014. Surveyed werests not expecting a cut, however in ars have been pricing rate cut very soon after japan adopted a negative Interest Rate, which kicks off today. Again, the central bank of korea keeping rates on hold at a record low of 1. 5 . Lets take a quick look at the korean trading. Down half a percent. The china and hong kong markets get underway in about 80 minutes. Singapore, taiwan and malaysia have just come online. Heres a look at what is happening so far. We werent expecting much of a change in terms of
These people turn to washington and try to see the Federal Reserve whether or not they would begin to taper the bond buying. We will get to some movers in a moment, couple of things, the 10year, and gold just spiked moments ago up 26. Keep an eye on gold. I wanted to take a look at walmart and cisco with two down components. Cisco systems carbon 5 of their global workforce. Back to you. Ashley thank you very much. Lori a reflection of the cpi, shows a little inflation in the system. Lets talk about the data they lose. The latest reading on the fed installment is the and Atlantic Region slow down more than expected in august. The news isnt much better in the new york area. Edging up 0. 2 in line with estimates. A bit of good news. Initial jobless claims fell more than expected to be lowest level in six years, so the best levels since the end of the recession. Does that mean a september tapering is more likely . Wells fargo senior economist. We have a stock selloff and a bond selling off