Figure out. At a permanent level i make decisions every day. Bought this car a while back. Its a hybrid. But i tell you i have no idea if the co2 i get from the 70 miles per gallon as a benefit to all of us,out weighs the cost of creating the car and the potential pollution impact of the battery after it gets stored. And maybe if we hadnt done that battery, we would explore new technologieses that have less of an impact. Was it go for me to buy the car . I dont know. This is my mom. I bought her that scarf of christmas. If bought they scarf 100 years ago, fine, no problem. Today, i dont know if that scarf was made in a sweatshop using cotton that had pesticides greg on it, and there were huge amounts of co2 as the scarf traveled from a long way away to the place where i bought it. My choices have actions at a distance and i have no idea what those impacts will be. Thats what im talking about today. You have a new super power. Its not all negative. The choices you make have Ripple Effec
And amazon facing new pressures over protecting warehouse workers still on the job servicing all of us amid the outbreak apple making a muchneeded donations to epicenter of this countrys outbreak this is thursday, april 2, 2020. You are watching cnbc. Good morning. Lets get right to the markets stock futures you can see are green indicating a rise of about 341 for the dow, s p up by 35 and the nasdaq is implied up around 100 points. It would be good but for the fact that we saw some steep losses yesterday to begin the Second Quarter all three major indices down nearly 4. 5 with losses accelerating before the closing bell take a look at the bond market we are seeing some move in today as well. A hair below 6. 1 . Twoyear below 0. 234 . Turning now to oil, a huge move higher a surge. Wti up 9 . Ice brent up 9 as well. This is after President Trump said he expected saudi and russia to enter agreement soon they called for a challenging issue for the oil markets. Getting to the markets worl
Greetings and salutation. Carnage catastrophe chaos and a host of other adjectives are springing forth this week as the unemployment numbers not only here in the United States but around the world begin to pour in and those were just the adjectives that started with the letter c. You see there was also some very specific adjectives starting with the letter f. That i cant really use on t. V. When people began to really look at those sobering statistics because how bad is it well here in the United States after just a few short weeks of stay at home orders being implemented across the country the Washington Post reports that according to the u. S. Department of labor more than 17000000 new jobless claims have been filed in the past 4 weeks and in fact last week saw 6600000 americans applying for Unemployment Benefits in just one week and all the tea leaves are reading that this is just the beginning my friends and that these numbers could actually be on the conservative side of things. B
I think i like to think of it as efficient a pond. Maybe there are 200 fish the side of traditional human societies, everything is going okay for a few years. Then a storm happens in the river opens up connecting that fishpond to the ocean. New fish swim upstream, the environment is fundamentally different. We are in that situation today as a society, things are changing radically. Actions have outcome at a distance and that is what link is about, the actions that we take and the decisions we make as we consider the actions in the past through which those actions become reality. How can we be responsible for the outcomes of our actions if they are invisible, if we can see the outcome of our actions, a fish in a larger ocean, we simply didnt eat all the for this situation. I am lucky i went through the computer revolution. When i was a kid computers were big old things no one could use, my mom didnt know the difference between software and hardware. We have gone through a massive democr
Investors say there is little chance of warding off a recession. The bank of japan is next. Governor kuroda may be more aggressive as the virus further weakens the economy. U. S. Futures start trading in the negative right now. Under pressure right now. 3 percent. Even after we saw the worst day since 1987. Forident trumps travel ban europe not today well with investors. Take a look at what we saw throughout the session. It was an incredible day on the s p 500. The fiveminute trading. If you can switch up the board, you can see what happened throughout the session. We were down 7 . We did see a little bit of a bounceback around 130 when the fed came in with surprise Market Operations. We have the fed ramping up measures to help the markets and liquidity with more than 5 trillion being promised. 1 30, that Center Markets a little higher. That did not last long. You can see how the 10 year yield did manage to pervak some lower,e but it was still around. 8 . The same thing for the u. S. D