Hall t hallton, and rise, for the discovery of hepatitis b virus. Hepatitis is a major Global Health problem causing cirrhosis and liver cancer in people around the world. It was the discovery of the remaining hepatitis, making blood tests and new medicines that saved millions of lives. The assembly added the nobel winners research is an achievement in the ongoing battle against viral diseases. Now to the united states, where the president is being treated for covid19 with just weeks to go until the november election. Donald trump prisurprised his supporters sunday with a brief appearance outside the hospital where he spent the weekend. Nhk camera crew captured video of the 74yearold waving from a motorcade before returning to the medical center. Some u. S. Media are criticizing trump for staging a photoop before hes recovered from the disease that killed over 200,000 people in the country. Commentators are also focusing on the secret Service Agents who were in the vehicle, saying trum
Billionaire tilman will tell us how he is preparing. What hes telling his teams for what could be a cold winter for the economy. Power lunch starts right now day after the huge sell off, stocks have turned higher this afternoon as they try to avoid a fifth straight day of losses the s p and nasdaq are at session highs right now. Lets go to bob for more on these markets. Bob. Chop it around a little bit i listened to the powellmnuchin testimony. I didnt see any narrative around fiscal or Monetary Policy stay at home stocks are back theres this narrative if we get more break outs in the u. S. Like we got if europe, they will be ben faeficiarie beneficiaries. All these stay at home names are doing well amazon is having great day not so the banks second day in a row they are getting clobbered. Some of the banks are down 7, 8, 9 in two days this is another serious down trend in the banks the big thing im worried about is valuations. We cant figure out what tech stocks are worth look at appl
World and its not necessarily a disaster or risk for the market, that is collective and i thought i would pass it along. We will be looking at the mail about it under ballot situation, and new theory being pushed that sends more democrats seem to be voting by mail, you could have a situation where on election day itself since republicans tend to favor voting in person the early results on election day could favor donald trump and then the mail and results which take a little bit more time to tabulate in places like pennsylvania delayed up to six days, you dont have a clear winner because neither side is budging, its kind of an interesting conundrum, particular in the bottle around states, we will be monitoring that we also have the ceo with us, that is a very, very popular means by which i would just say everybodys taken advantage with airports in a beach traffic and all of that. , blake is doing okay through all of that, we will follow that as well. In the meantime the dow is about 32
Within the dow. Take them out of the picture, things wouldnt be as bad as they are now. Were well off the earlier lows, down 400 points, down about 165 points but also fueling this, offsetting this if you will is talk of progress on that stimulus front. You remember where they were looking for republicans, another 250 billion for the Paycheck Protection Program . Well they ran into a buzzsaw of criticism from democrats that argued it was too tilted to business so they wanted to make assurances for health care workers, hospitals, that sort of thing. I stress that they have reached a broad parameters of a deal. It is not a deal until they both mutually agree. Were seeing progress on the front. That mitigated losses in the dow and offset the oil impact. Edward lawrence joins us now from washington with how this is all progressing. Hey, edward. Reporter neil, close, very close. That is how it is being described. As you said no deal, no ink to paper as it were for this deal. Republicans ini
And develop an adequate response and resist affectively thats exactly whats going on right now citizens around the world are dealing with shock and not only because were forced sex wall 6 feet apart which is. Difficult and messy and really not very romantic especially when youre each on different balconies with a 30 foot drop between you and other people on the other balconies to watch its rough its terrible but were also shocked because people are losing their jobs their security their futures the Federal Reserve now estimates coronavirus job losses could total 47000000. 00 and the Unemployment Rate may hit 32 percent these shocks are being exploited by the ruling elite the largest way that theyve used it so far is to pass their 2 trillion dollar giveaway to Corporate America with little to no oversight. Practically no discussion is even going on about it i mean why why should we why should we stop to think about the largest gap ever seen in American History now and not Important Cong