Military presence in this area russia. What is it suddenly about the South China Sea that makes it so of added 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on the story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race is on offense very dramatic if i look at the only im going to resist i dont see it. That strategy will be successful very critical time to sit down and tom. I. This is boom bust the one business show you cant afford to miss and washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd coronaviru
The world of politics or business im showbusiness ill see that. This is boom bust the one business show you cant afford to miss and washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd coronavirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulent Times in which nations have moved to boost their gold stockpiles and the demand for oil has slumped in recent months but what has been the impact on the industry we have a fact show today so lets dive right in. And we will leave the program taking a look at how Global Markets fared this week as the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the ruble fell from 14 week highs against the dollar on thu
With the dow gaining 6. 8 there has been some controversy about that too explain whats going on behind the numbers. In terms of how many jobs have been lost during the pandemic. Its fifth positive session. Its been up five sessions in a row. Its indicated higher and the 6th day of the week. That was up by 6. 8 . S p was up by 82 points. And then the nasdaq was up by 2 almost 200 points. The s p indicated up by 6. 5. And treasury yields and did see quite a bit of activity there too. The ten year yield picking up substantially last week and this morning its back at 0. 91 i cant remember the last time we had a ten year above 0. 8 let alone 0. 9. It could be a round number some day not that far 1 maybe cross your fingers. Oil too is almost 40. Oil looks like a bad break looks like it went down and it is such a quick one right back up and almost to the levels where it was almost prior to this the journal has the piece when the spiggots are opening here today. We have a huge show again today
At 5 30 p. M. Eastern. Later in the week debate on the Police Reform bill introduced by South Carolina republic and senator tim scott. Now live to the senate floor on cspan2. Senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Eternal spirit, the source of our joy, were grateful that you still speak to us. Continue to communicate with our lawmakers through the voice of conscience. Enable them to maintain a clear conscience before you and humanity. Continue to speak to them through the precepts in your sacred word, providing them with a lamp for their feet and a light for their path, as they navigate through this challenging season. Continue to speak to them through the unfolding of your powerful providence, Opening Doors you desire them to walk through and closing doors that lead them away from glorifying you. And lord, when you speak to our lawmakers, give them the wisdom to listen and obey. We pray in your gracious name. Amen.
Talking with andrew about what exactly got washed out yesterday. Hard to say a lot when hertz is up 50 premarket. I mean, look, it is kind of a comedy of errors, no insult to the board. Really there is a Bankruptcy Code and maybe hertz management got permission in the old days when you went bankrupt there would be a little bit of a stump of stock so that you could go and sell it and show the irs that you had taken the full loss carl icahn sold a ton of the stock in the 70s, he sold 38 . I think if he had known that there would suddenly be a new stock he would have hit that bid. If i were him id sue. Id sue right now. I would just hire a lawyer and sue because he sold at what the company was advertising as a bankrupt price where the common stock was and he has i think a right to be able to claim 38 of this money and i urge him to do so, to hire a lawyer and get the money because this is just ludicrous. Well see what the court says i think theyve got to get to 4, right, to get to a billi