Or put on the registry this is simply an issue in violence male sexual predators for the large part of whoever is there to prey upon whether thats a man or when. The fed says theyre going to help but it doesnt help the market did it but the one did this tell you cant park it met im kitty i want to washington coming up in the rate cut but it doesnt stop markets from dropping nearly a 1000 points will investigate why the pet intervention is not healthy. For you billions into the 2nd with a little box full of it tell you about at least one huge acquisition and tom agreed to pay 500000000. Dollars for swaddling i phone users in order to push them to purchase new phones and batteries but is 500000000 merely enough we have a live report so much to get you on this very busy day so lets get started. The Federal Reserve decided to pull the trigger Tuesday Morning and announce an emergency rate cut of 50 bits in response to the growing economic threat from the fallout of the coronavirus this is
Facing. Really reminiscent of that merce outbreak in 2015. We saw that 10 billion extra stimulus package back then. Because of this, we are seeing the markets under pressure, but one exchange that im watching is small caps in china. Actually at the highest level since october 2016. We have seen those pboc Monetary Policy measures. Not to mention more news that china could be taking over a hardhit industry. Lets get a broader check of the markets with Sarah Ponczek. Pretty much Everything Else is now trading in the green as the trading session does progress. We have seen markets turn lower under further pressure. 0. 2 but still on track for its best week since june. The hang seng now down 1 . Many times this week we have seen the benchmark approach 50 day moving average, but we have seen it fail as we have seen today. The nikkei roughly flat, but modestly lower. After trading as high as a half percent early on. Then we see the south korean kospi and underperform her across the region on
Simpson unveiled their new lineup. We take a look at these new devices. There seems to be no end in sight over concerns about the coronavirus. The death toll has jumped after Hubei Province revised its death toll. Thousands have been quarantined on board in the waters off yokohama, japan and the National Energy agency warned Global Demand for oil will drop. Paul allen and i spoke with the chief Market Strategist at cross mark Global Investments on thursday. We are always watching headlines but one thing we tell our clients is we want to look through the headlines when it comes to investments. But daytoday, yes, the virus has caused volatility. We saw that a little bit. We saw the markets come back a little bit and gain about 50 of what they lost. A lot of that is because the was because ofes a case of methodology and so it included a lot of people who already have the virus. It wasnt necessarily all new cases. Originally, we had a selloff and we saw that come back throughout the day. B
Fed says theyre going to help but it doesnt help the market in london the sound you cant park in that. One in washington. Is a rate cut but it doesnt stop markets from dropping nearly a 1000 points well investigate why the fed intervention is not helping. Billions into detecting the. Were going to tell you about at least one huge acquisition. To pay 500000000. 00 for throttling i phone users in order to push them to purchase a new battery but is 500000000. 00 nearly enough we have a live report to get you on this very busy day so lets get started on. The Federal Reserve decided to pull the trigger Tuesday Morning and announced an emergency rate cut of 50 bits in response to the growing economic threat from the fallout of the quantum virus this is the 1st time this has. Deployed since december of 2008 during the financial crisis as chairman powell said the coronavirus was having a Material Impact on the Economic Outlook the addition came 2 weeks before the feds scheduled meeting but rat
Emergency rate cut of 50 bits in response to the growing economic threat from the fallout of the quantum virus this is the 1st time this has been deployed since december of 2008 during the financial crisis as chairman powell said the coronavirus was having a Material Impact on the Economic Outlook in addition came 2 weeks before the feds scheduled meeting but rather than instilling confidence the market is digesting this as a sign that the weakness is much greater than previously thought analysts have commented that this issue than seemed rushed and panicked and didnt really instill any confidence in fact quite the opposite it damaged confidence making investors increasingly risk adverse so it seems like the fed is stuck damned if it doesnt cut rates in the markets plunge and damned if it does cut rates and the markets take a sign of poor confidence markets were quick to digest the move popping up 300 points before turning negative as participants gauge what the impact of the cuts will