Year high as the coronavirus layoffs start to show u. And Oil Rebounding crude on track for its biggest oneday gain ever. Absolutely. Its up 26 though still down 17 for the week as a whole. The dow was up 500 points. Now only up 235. Lets focus in on the key stories were watching mike is tracking todays Market Action e meg is covering new developments from the Pharma Industry and kayla has the latest on proposed bailout, but mike, lets kick things off with you. Thanks. Obviously seeing a general pause in the intense selling weve seen perhaps had a wave of that liquidation pass us by and the big old Growth Stocks are leading the way. That hasnt changed through this whole sell off especially sed soed if you look at a one yore chart starting with the nasdaq, 100 the leader, s p 500. The equal weighted verse then the small cap russell 2000 you see that distinct tearing on a oneyear bases in terms of what has worked better if you just focus in on the last month, by the way, one month ago to
A man the system and the 19 can be contacted i used as a pundit make over the past 2 weeks the number of countries affected by the virus have tripled globally there have been more than 120000 cases with over 4300 deaths more than 67000 of those infected have fully recovered here in the United States there are now more than 1000 cases speaking in front of the u. S. House Oversight Reform Committee the director of the u. S. National institute of allergy and Infectious Diseases said things are going to get worse. So i can say we will see more cases and things will get worse than they are right now how much worse well get will depend on our ability to do 2 things to contain the influx of people who are infected coming from the outside and the ability to contain and mitigate within our own country bottom line its going to get worse. And meanwhile in europe german chancellor chancellor Angela Merkel is concerned that up to 70 percent of the countrys citizens could be in fact that. By then wa
Intelligence services tried to coopt british news outlets into spreading soviet propaganda during the cold war. The man the myth the legend himself is here next hour with the latest news from around the world but 1st get ready for another report. This is the kaiser report as we ponder the future and look into 2020 what fascinating stories will come our way you know ive often said on the show that you cant have capitalism without capital of course you cant ive kept it all without positive Interest Rates encouraging people to save and this next story this next whole show this next entire segment is going to be dedicated to this very notion and i present to you stacy you know that shape there used to be use in ancient greece for democratic purposes i think they would flip it around and if you your name was on it you got to be on the jury the same with the magic 8 ball sort of concept thats sort of the shape of the do like a digital version of shakespeare oh york i knew him well this is i
I dont think the feds job is to make sure there is never a recession. Viviana speaking of Central Banks, their independence often perplexes political leaders. Not just the white house. I would like the central bank not only to work on controlling inflation, but thinking about growth as well. Viviana the outgoing and incoming heads of the imf had plenty to say to bloomberg about global trade. We need to have fair trade. We need to have reciprocated benefits in trade. We are talking about trade, peace, not trade war. Viviana a u. S. Election looming in 2020. Key figures in the political conversation buckle up for a wild ride. The economy is outperforming expectations. Economic policies from the president are working. I think our capitalism has to be more inclusive. We believe in Free Expression and we believe in political speech. Viviana it is all straight ahead on this special edition of bloomberg best. Hello and welcome. I am viviana hurtado. On this special edition of bloomberg best,
This is the kaiser report as we ponder the future and look into 2020 what fascinating stories will come our way you know ive often said on this show that you cant have capitalism without capital corsicana capital without positive Interest Rates encouraging people to save and this next story this next whole show this next entire segment is going to be dedicated to this very notion and i present to you stacy you know that shape there used to be use in ancient greece for democratic purposes i think they would flip it around and if you if your name was on it you got to be on the jury the same with the magic 8 ball sort of concept thats sort of the shape of the do like a digital version of shakespeare oh york i knew him well this is i want us close and were going to cover this capitalism without capital because in fact it is very undemocratic its the opposite of that and its absence of justice in it and because of that because of the propping up of an unjust system we have zombie economy an