Prices double the last couple of months. We have seen demand picking up. Taking a look at other markets, the focus is on chinese equities. They have been fluctuating between gains and losses. The shanghai cob is lower. They are largely flat after what we saw on friday. State funds trimming their holdings. There was the big news of the haltingetf in china trading until 10 30 a. M. This morning. They are saying the warning of thiss involved here tracks some of the largest stocks in shanghai. Take a look at singapore. This is reopening after the singapore election. Retaining the firm grip on power. When he 89 of seats. That is considered the weakest showing ever. Good. Be for stocks some analysts say a de a diverse up three quarters of 1 . We are taking a look at bonds and currencies. We watched the dollar posting the second weekly loss. It comes toing when the belly of the curve for u. S. Treasuries. Reversing some of the gains after we sell yields touch a record low on friday. Lower by
This discussion was held by videoconference. Good morning, good afternoon and good evening depending on where you are. Thank you for joining us. Im Vice President of the Global Economy and Development Programs at brookings Global Economy. Disrupting billions of life and jeopardizing progress. The Global Economic process which relates to todays conversation from a five of present and global gdp in 2020. This is the cheapest global recession since world war ii. Its a report defined by fundamental drivers of longterm growth including investment which would slow capital formation. Beyond the headline Economic Growth number, the pandemic is having a proportionate effect lower Income Countries in a way the economy isd dominated most limited ability to adjust to covid related measures such as confinement. Similarly, most vulnerable population in the economy are more exposed. The pandemic is likely to leave a legacy of water inequality between and within countries. Disruptive of the pandemic f
A different picture in europe for border controls are being eased and cafes and restaurants have fully reopened then friends. Family here the family of very short brooks the latest black man killed by police in the u. S. Call for justice and. The Russian Court sentences a former American Marine to 16 years for spying after a trial the u. S. Has branded a mockery of justice. In sport cancer officially opens its 3rd stadium for the 2022 world cup coronavirus a prerecorded ceremony rather than a long football match kicks off the Education City that. The World Health Organization has delivered fresh warnings about a post. 2nd wave of the corona virus with 100000 new infections now being reported almost every day the w. H. O. Said the outbreak in beijing is a concern more than 100 infections have been confirmed in the city after 50 days without a new case and in india around 15000000. 00 people will be locked down again in the city of shanghai from friday after a surge of infections there i
Black man killed by police in the u. S. Call for justice and for car. And a Russian Court sentences a former American Marine to 16 years for spying after a trial the u. S. Branded a mockery of justice. The World Health Organization is the liver it fresh warnings about a possible 2nd wave of the corona virus with 100000 new infections now being reported almost every day the w. H. O. Said the outbreak in beijing is a concern more than 100 infections have been confirmed in the city after 50 days without a new case and in india around 50000000 people will be locked down again in the city of chennai from friday after a surge of infections there. It took more than 2 months for the 1st 100000 cases to be reported for the past 2 weeks more than 100000 new cases have been reported almost every single day almost 75 persons of recent cases come from 10 countries mostly in the americas and sews asia countries must stay arlott to the possibility of a resurgence but that warning comes as countries a
S p 30,038 russell out performing everything today lets begin our conversation, joe. Really want to use these last days of june to discussion where the money is going to be made in the next six months. First half is going to be in the books in a couple of days. Its been a turbulent one. We know that what do you think is in store for the next six lets talk about the last couple of days so we can look toward the final six months. A lot of complexity here first of all, you have the russell rebalance. You have a 10 decline in the last five days for facebook and the immediate question for me is does that have an impact on the Technology Sector. If i look at the sectors, technology is the only leading sector in the month of june. Are we going to get weakness here out of the Technology Sector i think that extrapolates further to more weakness throughout the summer for technology and there in lies your opportunity to take advantage of that orrection. How about the performance for the emerging