Im told me a lot of well welcome to the show the lebanese Prime Minister and his entire cabinet have resigned almost a week after the massive explosion in beirut has and yap said their departure would make possible the changes lebanon needs but his announcement has so far done little to placate protesters even as the i was speaking demonstrators were back in the streets demanding an end to the corruption that they say set the stage for last weeks tragedy. A country in pain. On the streets of beirut clashes gained momentum protesters vented their anger at thors in palo leaders who they say are incompetent and corrupt. 7 their scenario only remake nodded by last weeks disaster. Police tried to regain control turning technique after protesters telling a story needs. To go they want the government gone and made mounting pressure its a demand that was granted on monday. Night but today we are heeding the people and their demands to hold accountable those responsible for a disaster that has
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Like hertz. Its not like theyre nothing. Hertz owns a lot of ca
We did just get the closing bell on u. S. Equities, which have been trying to break free of the range they have been in for some time. 2971 is where we are ending the day on the s p 500 the nasdaq indices up 2 on the day. 2 . Russell 2000 gaining energy, financials, and Communication Services leading the charge. Twitter among those names. And along to Analog Devices also with an interesting rise. Royal caribbean loses a little ground. Scarlet i want to jump in with breaking news. The regulator of fannie mae and freddie mac has come out with a plan that calls for more than 200 billion in capital. The regulators proposing the mortgage giants be required to hold hundreds of billions of dollars in capital to guard against potential losses, and this could eventually have an impact on Mortgage Rates and the Trump Administrations efforts to basically free the companies from government control. We are keeping watch of this as are needed fors existing government control. Is ben still with us ma
A turning point. Accused of involvement in the murder of his former wife the suitors Prime Minister resigns after months of speculation. And left high and dry by the coronavirus endemic filipino maritime workers will now face an uncertain future. There will be an independent inquiry into the International Response of the coronaVirus Outbreak investigation will include an examination of the World Health Organizations role the 194. 00 w. H. O. Member states unanimously passed the European Union resolution that would allow for what they called a comprehensive evaluation of the Global Reaction w h o director general dr. Welcomed the resolution our own ways. That majority remains fairly quite muted to transparency accountability and continues improvement we want accountability. Anyone. But the resolution follows sharp criticism of the w. H. O. By u. S. President donald trump he says missteps by the organization came at an extreme cost basically they have to clean up their act they have to d
Speculation and an argentinean Community Leader dies from the coronavirus after fighting for clean water in one of the biggest slums in when as i say. There will be an independent inquiry into the International Response to the coronaVirus Outbreak the investigation will include an examination of the World Health Organizations role the 194. 00 w. H. O. Member states unanimously passed the European Union resolution that would allow for what they called a comprehensive evaluation d of the Global Reaction w. H. O. Director general dr ted. Welcomed the resolution ive only used. Dubliner george remains fully committed to transparency accountability and continues improvement we want accountability more than anyone well the resolution follows sharp criticism of the w. H. O. By u. S. President donald trump he says missteps by the organization came at an extreme cost basically they have to clean up their act they have to do a better job they have to be much more fair to other countries including