About the condit on exchanges it does not look like a good day now of the markets or are the really taking a beating before the e. C. V. Decision and this really just it was a surprise and a big disappointment for investors they had pretty much across the board been expecting a cut and and the main Interest Rate and the e. C. B. Did not do that so were obviously seeing i shake out in the market right now but there had already really a lot of a lot of anxiety coming into this especially after the announcement of the travel ban on on europe last night so stocks that are really really have been under a lot of pressure and this disappointment its certainly not helping tell me why why why why has the e. C. B. Not cut rates. Well were going to hear more about that in the press conference likely from Christine Lagarde but. There is there is only so much that an Interest Rate cut could do and there are a lot of downsides for the e. C. B. Right now the unlike the Federal Reserve its already hav
Exclusive. The must see consuming parts culture to be sure. To be curious minds. Do it yourself networkers. Some subscribers dont miss out. The World Health Organization is now calling it a pandemic and the corona virus again has markets in its grip stocks on wall street fell sharply as fears continue to mount over the economic fallout of the covert break also coming up boeing shares take another drastic tumble as the company tries to cope with the double whammy of its ground a 737. 00 max and the coronavirus and the coronavirus pandemic could see a spike in food prices in kenya the global outbreak is hitting all sorts of local business. Im chris welcome to the program the u. S. Stock market is on the brink of ending one of its greatest ever run with the corona Virus Outbreak now officially labeled a pandemic investors are asking how bad the fallout is going to be after all the World Health Organization has also cited quote alarming levels of inaction by governments in chorley the viru
Program the u. S. Stock market is on the brink of ending one of its greatest ever run with the corona Virus Outbreak not officially labeled a pandemic investors are asking how bad the fallout is going to be after all the World Health Organization has also cited quote alarming levels of inaction by governments on the virus on wall street shares in the Dow Jones Industrial average dropped almost 6 percent for the 1st time since the 2009 financial crisis the dow has now entered into a bear market the find as a 20 percent drop from recent highs. For more on wednesday sell off here is our correspondent hossein was down. Here on wall street it was mainly calls by 2 factors one that we still like any concrete details on dot pisco stimulus package President Trump said that with the markets already closed a payroll tax cut will be good for people still lacking any concrete details the 2nd is the use of the war pandemic these surely did not bring any confidence in a market at a time daddy seems
3 times wanted. So much. To spend in germany. Where exactly. Was. The last car culture history. Travel extremely worth a visit. To. The World Health Organization is now calling it a pandemic and the Novel Coronavirus again has markets in its stocks on wall street fell sharply as fears continue to mount over the economic fallout of the code would not also come boeing shares take another drastic tumble as the company tries to cope with the double whammy of its grounded 737. 00 and the corona and italy is famous for nothing as much as its fashion we take a look at the locks down countrys fashion industry the corrupt. Im chris cuomo welcome to the program the u. S. Stock market is on the brink of ending one of its greatest ever runs with the corona Virus Outbreak now officially labeled a pandemic investors are asking how bad the fallout is going to be after all the World Health Organization has also cited quote alarming levels of inaction by governments on the virus on wall street shares i
Are still skeptical that further Interest Rate cuts or increased bond buying is going to rescue the earth from recession. Italys shock says all. Food and pharmacy businesses we take a look to other countries fashion industry and the corona. Business. Equities and all prices fell through the floor again on. And off to the World Health Organization classified a pandemic donald trump a bond all travel from europe to the u. S. For 30 days. A Global Economy will careen into recession tokyo dropped more than 5 percent while hong kong finished down 3. 8 percent sydney collapsed almost 7 percent the losses followed another brutal session on wall street with a wave after wave of bad news thats suspected to follow in europe. When its own markets open. Well the economic fallout from the corona crisis is palpable Global Stock Markets of plummeted Companies Come produce due to broken supply chains work forces are increasingly paralyzed so all eyes on the worlds governments and indeed the Central Ba