Jack how common carleton english. The dow is down on the week despite a furious 1000point rally. Dow jones market group shared a wonderful statistic, the last time we had a back to back 9 move two days in a row was october 1, 9209. This is a wacky market. Finding comparisons for is almost impossible. When you put together a virus like this, you put the oil crisis we have the Oil Prices Drop like this ship but the facts were in a president ial year this is all just wacky. And it almost feels like a big relief we got this 2000point rally out of the dow on friday. Because coming and said friday was just awful. Some of the worst trading weve seen since 2008 and yesterday, thursday, the drop was the biggest since 1987. These are crazy moves. Jack so clearly the oil is a problem here. But i think its mainly coronavirus. Think theres this old cliche that insert is what the market hates. I think you put a finer point on it does make sense. The market hates known unknowns. We know this a proble
English. The dow is down on the week despite a furious 1000point rally. Dow jones market group shared a wonderful statistic, the last time we had a back to back 9 move two days in a row was october 1, 9209. This is a wacky market. Finding comparisons for is almost impossible. When you put together a virus like this, you put the oil crisis we have the Oil Prices Drop like this ship but the facts were in a president ial year this is all just wacky. And it almost feels like a big relief we got this 2000point rally out of the dow on friday. Because coming and said friday was just awful. Some of the worst trading weve seen since 2008 and yesterday, thursday, the drop was the biggest since 1987. These are crazy moves. Jack so clearly the oil is a problem here. But i think its mainly coronavirus. Think theres this old cliche that insert is what the market hates. I think you put a finer point on it does make sense. The market hates known unknowns. We know this a problem but we have no input im
English. The dow is down on the week despite a furious 1000point rally. Dow jones market group shared a wonderful statistic, the last time we had a back to back 9 move two days in a row was october 1, 9209. This is a wacky market. Finding comparisons for is almost impossible. When you put together a virus like this, you put the oil crisis we have the Oil Prices Drop like this ship but the facts were in a president ial year this is all just wacky. And it almost feels like a big relief we got this 2000point rally out of the dow on friday. Because coming and said friday was just awful. Some of the worst trading weve seen since 2008 and yesterday, thursday, the drop was the biggest since 1987. These are crazy moves. Jack so clearly the oil is a problem here. But i think its mainly coronavirus. Think theres this old cliche that insert is what the market hates. I think you put a finer point on it does make sense. The market hates known unknowns. We know this a problem but we have no input im
Said yesterday, you know very well what you said yesterday, it was a big story. I just dont know how they cannot recuse themselves for anything having to do with trump or trumprelated. The right thing to do. As a Supreme Court justice, there is a different standard. At the same time, i think it is a higher standard in a certain sense. Her statement was so inappropriate. When you are a justice of the Supreme Court, it is a like what you strength to do is take the people that do feel a different way and get them to vote the way that she would like them to vote. I thought it was so inappropriate, such a turbo statement for a Supreme Court justice. What was inappropriate about the statement . I am not an attorney, so i cant she seemed to criticize the white house for running to the Supreme Court at the drop of a hat to seek pres. Trump no, that wasnt it. I think she is trying to shame people with perhaps a different view into voting her way. That is so inappropriate. Lets see what happens.
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