Steve leishman alongside us helping us make sense of everything going on what the fed is thinking about all of this. The worst week for stocks since the financial crisis the vix surging, bond yields falling the even new lows. Stephanie link, a minute ago the nasdaq was positive. It went from positive to down 1. 5 in about ten minutes, if that. I know. What does that tell you about sort of where we are is that how a bottoming process happens . Doong we are close i hope so i think people are very confused obviously. Right . It is not surprising that the market went down because of this, because the virus has gotten so expanded the surprise has been the speed of the decline to lose 6 trillion in Market Company in six days, thats remarkable i dont know when we are going to bottom. But i am looking at an rsi on the s p at 20. And vix, jon you can talk more about that but a vix at 47, to me it seems a bit extreme. Then i look at what happened in the shanghai index it fell 14 the beginning of
Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solution of the problem a bank. Of the problem is already a profitable we have said that in Office Statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps. Need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stock. Yes or no bank lets go to both kind of running krishnan who joins us from delhi for the new side scroll rolling could you tell us whether or not depositors should be panicking right now. Broadly speaking deposit of fine yesterday and so theres a bank of india which is the bank
Weather. This is going to be a cold, wet start for our thursday morning. We will show you some of the rain and wind you have seen. This is video from windsor. We saw the rain coming down, streetlights entries, flags were also waving pretty fast in those strong winds out there. Out to San Francisco where people were poss were preparing for possible flooding. That area often floods during strong rainstorms and fulsome. It is also being cleared of debris. I had a lot of wind, yes. Everyone will get in on that. We also have snow in lake county, some of that has been cold enough, down here, temperatures have been modified so we are not going to see that here. Stopping rain and huge wind gusts. That is not easy. Really strong wind gusts 50 mine 50 Miles Per Hour. Berkeley hills, 30 Miles Per Hour and anywhere from about 35 as you head north towards areas to the north around 44 Miles Per Hour. Rain, some of this is moderate. Look at some of those bands now moving onshore. Also now into napa c
Watch the house live on cspan and the senate live on cspan2. [background sounds] hi everybody. Im glad to see you. Thank you. Thank you so much for coming to tonight news program. Featuring robert caro and conan obrien. [applause]. Im andrea grossman, the founder of Writers Block. Now la to the end of our 23rd year. [applause]. If you are not yet on the Writers Block email us, sign up Writers Block events. Com. We just got it senator a meat sure, Writers Block presents. Com. After tonight, we are delighted to welcome back to Writers Block. The last time he visited wasnt 2002. The master of the senate. It was unforgettable. Bob story is about the genius of the johnson political machine painted a picture of a powerbroker extraordinaire who simply had no peer. Like his subject, he has no peer. Over the years bob has spoiled us with his fortress of robert moses and window johnson and entreated a slide left turns another narrative. His diversions into fascinating bystanders and diversions s
Receiving this pointed response. Wales, but conditions are settled through sunday and certainly today guys, can you just send my best over the next few days looking fine wishes to warren, and make sure he enjoys the and dry thanks to High Pressure, third and fourth play off laughter lots of sunshine for sub it will be called with overnight frosts and mist and fog. High pressure england met south africa last year, captain owen farrell dominates, and it will influence our sealing a one point victory. Now his side would take weather. We have the weather fronts, a similar result in the biggest game of their lives this weekend. Low pressure dan roan, bbc news, tokyo. Weather. We have the weather fronts, low pressure to the south west. More breeze and patchy rain towards the time for a look at the weather. Heres stav daneos. Channel islands. Lots of cloud in northern eastern scotland, some changes to the weather of the showers there as well, running to beacon, something colder and more coast