Worst. Yep. Talking about the coronavirus. Which the needs now tells us cannot be contained. And thats really why the dow plunged another 879 points today. S p 3. 3 , and the nasdaq 2. 7 on top of yesterdays hideous losses the dow has now lost 1,911 points in a row. Thats a decline of 6. two days now, you dont need me to tell you that this is serious stuff, especially if the director of the National Center for immunization and respiratory diseases told us this afternoon to now expectist significant disruption in our lives. Instantly that became conventional wisdom, thats the reason we told off so hard of course it is more complicated than that, right the stock market is following the much larger fixed income market where buying yields are currently hitting record lows. All sorts of maturities. The ten year is at 135 . The stocks got crushed the market is screaming that this pandemic will cause dramatic decline in Economic Activity both here and around the world. When the bond market sp
Lets put it this way. It will be challenging and it will be rocky. Meaning there are contrasting orces. A very warm welcome everybody todaybreak europe. Im anna edwards. Im matt miller here in berlin. Back in berlin after a week in frankfurt. D in speak about v. W. But for the moment lets start with equity markets and investors need to be protected against drop in equity markets. There was a Strong Performance yesterday in the u. S. All three major stock indexes closed at record highs in the United States yesterday. This is important. Have you taken out protection against a sharp fall in markets . The number of investors taking protection increased the most in 14 months. In early september, around the time we saw the north Korea Nuclear tests. The most powerful nuclear test wes have seen from north korea. Hat has focused minds on being a tail risk to be concerned about. Investors had more underweight in u. S. Stocks than in 10 years which i think is a massive signal to the market. Take
For a barrage of challenges. I dont think anybody and an Investment Bank for client will say they have it all figured out. Ceos chair insights in exclusive interviews. We are slowly heading back to normalization. When trade stops, work starts. The Auto Industry looks electric. This is a longterm trend. It will get stronger. Straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, region still under siege from a powerful storm. Weakened as itma moved past cap, leaving millions of people without power and millions displaced. We are getting a sense about how long it will take for people to get a grasp on the damages. 130, 135, 140 mile per hour winds. They will have to wait to get into aircraft. Helicopters and planes to survey the area before they can come up with culinary estimates preliminary estimates. Damage could re
I think we will have fragmentation and consolidation at the same time. I dont think anybody and an Investment Bank for client will say they have it all figured out. From ibm to alibaba, ceos insights in exclusive interviews. We are slowly heading back to normalization. I believe when trade stops, work starts. The future of the Auto Industry looks electric. This is a longterm trend. Something we see will be a move that will get stronger. It is all straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu. This is bloomberg best, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, region still under siege from a powerful storm. Hurricane irma weakened as it moved past tampa, leaving 5. 8 Million People without power and millions displaced. We are getting a sense about how long it will take for Public Officials and people in florida to get a grasp on the damages. Naples got
For a barrage of challenges. I think we will have fragmentation and consolidation at the same time. I dont think anybody and an Investment Bank for client will say they have it all figured out. From ibm to alibaba, ceos share insights in exclusive interviews. We are slowly heading back to normalization. I believe when trade stops, work starts. The future of the Auto Industry looks electric. This is a longterm trend. Something we see will be a move that will get stronger. It is all straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu. This is bloomberg best, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, a region still under siege from a powerful storm. Hurricane irma weakened as it moved past tampa, leaving 5. 8 Million People without power and millions displaced. We are getting a sense about how long it will take for Public Officials and people in florida to ge