Emergency meeting. A Chinese Pharma Company wins approval for human testing of a vaccine. Governments around the world starting restrictions to slow the outbreak. The virus threatens to weaken chinas economy even further. Our review of the latest for the slowest and the end of the cultural revolution in 1975. Shery lets get you started with a quick check of the markets close. It was another down day. The rebound we saw in the previous session, we are talking about the s p 500 and dow and nasdaq all going down the s p 500, every sector was in the red. Energy was the biggest decliner. Oil sinking to a 19 year low. When it comes to the dow, losses of about 36 since the peak in february. We continue our way down. Weve heard about a second stimulus package coming from the trump administration. This was after the close ended during the trading session. We saw volatility Circuit Breakers also being. Possibly another down day. Asian stocks and futures trying to climb. We have taiwan, philippin
Division. At 114 per pound. Not much really you can say. Euro sox reversing. Euro stocks reversing stop euro stocks reversing. Won, ok as far as these are concerned. Korea, crash landing on you. It is amazing how the 10 year right now. Years. Level in 18 7 . T crude down 23 . About rakinglking below 60. Mark, help us put sense into what is happening. Things we were talking about is the process of exposure. N reducing the have been looking at some hard numbers and just in the last three days, bonds and equities are out. Open interest has fallen to the equivalent of 150 billion in the futures market only gives you a snapshot. Withve derivative market 150 billion multiplied several times. That gives you an idea of how much had been going on just in the last few days. That is partly why we are seeing this incredible movement. These movements will add to that picture as well so you can see the move towards cash is really ever. As a Silver Lining here . When i look at crazy price action, alm
Newshour has been provided by moving our economy for 160 years. Bnsf. The engine that connects us. Fidelity investments. Onsumer cellular. American cruise lines. Collette. Upporting social entrepreneurs and their solutions to the worlds most pressing problems. Ollfoundation. Org. The lemelson foundation. Committed to improving liv thugh invention in the u. S. And developing countries. Eb on thet lemelson. Org. Supported by the john d. And catherint. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information at macfound. Org. And with the ongoing support of these institutions. This program was made possible by T Corporation for public broadcasting and by contributions to youiopbs stfrom viewers like you. Thank you. Vanessa good evening. Im vassa ruiz at newshour tephanieling in for sy. Pushing back against criticim that he was not doingug e President Trump said in a press conference this evening that the country is prepared to dealnt wh any po
Major funding for the pbs newshr has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. Th lemelson foundation. Committed to improving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Nawaz President Trump is rejecting criticism that hes not doing enough to meet the coronavirushreat. Instead, he accused news outlets and, he called a onference to outline the administrations efforts. Meanwhile, senate democts pushed for 8. 5 billion in emergency
Hi everybody, im jacob, editor of the National Interest and harry has magnanimously asked me to chair this discussion. Which looks like it will be a corker. It is can sanctions bring about denuclearization or are they, and i will play editorial prerogative, a bloody any waste of time . Our panelists today, first panelist to my immediate left is Lieutenant General Wallace Gregson who is retired former head of us marines in the pacific and a senior fellow here at the center for the National Interest. To my further left geographically but not politically is former Lieutenant Colonel danny davis who is a senior fellow at defense priorities and danny is also im pleased to say a regular contributor to the National Interest website and finally to my right henry farren, a senior fellow at the center for international policy. Im reckoning that with all the attention being the stowed upon tehran that pyongyang may be starting to feel a little lonely and so id like to ask chip, what are the prosp