Bait a broader locked eye. And the street sensi isolation is in force but the still one place long queues and when a series sit kitchens. Will have all those stories for you in just a moment but 1st we are getting reports of a rocket attack on the saudi capital riyadh according to scientists state television a missile was intercepted over the city will say the media are also reporting that a missile hit the Southern City of jesus and on the red sea near the border with yemen we will bring you more on this story as it develops. Now the number of coronavirus deaths continues to rise for it spain and italy remaining at the center all of the pandemic the death toll in spain passed 5000 on saturday now in italy its now twice that they were in the hardest hit countries in europe but saturday also saw the highest day on day increase in deaths in the u. K. Now thats highlighting concerns over the trajectory of the virus especially as fears grow of a 2nd wave of infections in asia where the pan
Stay out entire field put everyone in disarray. Im talking about the dems and a donnybrook with the dems. So much more on making money. Charles new 737 max fallout causing boeings stock to decline even more. After a report that boeing may have been hiding issues for the 737 max for years. Internal messages from 2016 between two boeing employees suggest that the aircraft maker may have misled the faa about the boeing 737 max, the safety system. Boeing expected to report Quarterly Earnings on wednesday. Bring in Kristina Partsinevelos to break all of this down for us. Reporter you mentioned the leaked messages. That contributed to a lot of downgrades across the board on wall street today. Focusing on three major firms right now. Credit suisse, ubs as well as baird switching positions to neutral. Look at price targets with Credit Suisse is the lowest, quite negative in the report stating 323. They wouldnt support this especially given the leaked emails. Neil, charles yourself, saying boei
Germany down 1 . German Business Sentiment hits an eightyear low. And then watch our own 30 year falls below 210 overnight and everyone is going to be watching todays close. Lets get straight to the market, futures lower ahead of this mornings open, following a sharp selloff in the second consecutive monday Global Economic worries, falling yields continue to weigh on investor sentiment, driving toward safe haven. Gold now, the highest price in more than six years. The president tweeting a few moments ago through massive devaluation of their currency and pumping vast sums of money into their system, the tens of billions of dollars the u. S. Is receiving is a gift from china prices not up, no inflation, farmers getting more than china would be spending, fake news wont report what we will report that that core cpi 22 is the 17th month of plus 2 . There is a level of inflation in our country, but there is also, i think that when you see it, some of it is tariff but if youre a central banke
Substantially lower than that. Exactly, bryan. When we are looking at Asset Allocation longterm particularly for plans that dont have as mat tour portfolio as you do. You run an efficient frontty which is a mathematical calculation of determining the best mix of assets at each level of risk, the optimum returning portfolio. If you assume that private equity volatility was significantly lower than public markets, you would put your money in private equity. From a long term projection standpoint, we put in what is a economic risk. Now the reality if you said what do i think your portfolio will actually do, you dont experience economic volatility in private equity through time because you have valuation processes as we have seen that are lagged and reduce that volatility. We have a separate volatility forecast. This is economic volatility. We have a separate set of volatility numbers to represent accounting volatility so the forecast for your portfolio would look more like what you think
Yes. Our experience is substantially lower than that. Exactly, bryan. When we are looking at Asset Allocation longterm particularly for plans that dont have as mat tour portfolio as you do. You run an efficient frontty which is a mathematical calculation of determining the best mix of assets at each level of risk, the optimum returning portfolio. If you assume that private equity volatility was significantly lower than public markets, you would put your money in private equity. From a long term projection standpoint, we put in what is a economic risk. Now the reality if you said what do i think your portfolio will actually do, you dont experience economic volatility in private equity through time because you have valuation processes as we have seen that are lagged and reduce that volatility. We have a separate volatility forecast. This is economic volatility. We have a separate set of volatility numbers to represent accounting volatility so the forecast for your portfolio would look mo