Government of pursuing a high Risk Strategy there for battling covert 92 officials suggested to allow the disease to sweep through the population to create whats called herd immunity we asked people in london what they felt about that but. When you say we put it to say we cant you know the hardest to speak with me. And some other news an independent inquiry into child sex abuse in the United Kingdom finds that the internet is facilitating a sharp rise in predatory behavior with police struggling to respond to the growing threat. By their welcome when i was kevin owen here at the Arts International World News Center where this 30 minute live update for you and 1st the news the fallout from the corona virus continues to sink kid it seems tonight the contingency plans are not stopping for. Actual markets from plunging Worldwide Americas dow jones index has dropped another 10 percent within moments of wall street opening up on monday more girls who have a cd of correspondents across it i s
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
Erased but futures have jumped back into the green. Jim, we know its going to be another crazy week, very hard to predict. So what is your tell this week i thought the advice we got from friday ended the teeth of it but if the market is up, were still oversold and thats what you got for it but i dont think theres much that you want to buy i think youd rather wait until it goes back that swing, at 3 30, the futures were up 80, it was crazy, but i think what matters is that there are a lot of people, the feds will take action today and i come back, peter bachvar was on with dominic chu unless the fed can create a vaccine or beat the virus it doesnt matter you said on friday this is a biological crisis. Not ultimately it could i dont think it will turn into a liquidity crisis, for a state at home economy and when you have a Service Economy like we have, you get an upgrade for darden, for instance, last week, Cheesecake Factory are you kidding me anybody anywhere theres a gathering is goin
Expected, the question is how much. And bigtech in the cross hairs, Senate Committee holding antitrust hearing today. Companies expected to face tough questions from both sides, plus, President Trump ripping the New York Times once again, a lot to go at today including more problems for wework and half billion dollar deal to bring seinfeld to netflix, Varney Company begins right now. David day 2 of gm strike, Kristina Partsinevelos from picket line in arlington, texas, what are you hearing about the status of the negotiations . Well, right now its been pretty tense, went into the evening, im at the arlington plant over here, over 4,000 workers are focused primarily on larger vehicles, suvs, chevy tahoe, for example, the issue, a lot of Sticking Points, the one we were told by source that issue mexico, Union Workers that want the production to come back to the United States, more Jobs Available for workers and several talking points i guess you should say the laundry list of items that
Policy politeness. Draghi holds the door open for yellen. Will she stepped through . Through . He stepped weve got the fed on wednesday. His is a bloomberg report the boj on more Japanese Equities than the worlds biggest asset managers. We asked what is left on the Shopping List . Good morning hans. We have a big week it comes to the central bank story. Politics fascinating and germany. , obamathese leaders corralling everybody in the same room. What are they going to be talking about . Hans theyre going to be talking about the middle east, syria. More the industry side of things, the economic side of things, they are talking past voters. It is remarkable to me when obama and merkel, they are talking free trade and yet very few german politicians are willing to publicly say this is going to get done. Everybody is playing defense on trade ahead of these waning hours of the obama presidency. That is the challenge moving forward. Guy it is going to be interesting to see what the subject a