this is a boom bust the one business show you can t afford to miss. in washington coming up u.s. g.d.p. close out 2020 at its worst rate since $1046.00 and shrank by 3.5 percent and the game stop saga continues as robin hood and other major trading partners are stressed in trading as the battle between wall street and small investors continues we ll explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so let s get started. here s a headline that will surprise no one in 2020 the u.s. economy had its worst performance in 74 years since the end of world war 2 it contracted 3.5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so what s in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. on it chrystia i ben let s start with you can you give us a rundown of how the economy did or didn t perform in 2020. yeah
regarding the science of corona virus and i want to break this down for you because this is really important stuff number one number one remember how we were told that covert 19 was essentially a respiratory disease right that primarily attacked and targeted our lungs it appears that is not the case now see this is new information but 19. turns out to actually be more of a bascule or disease that attaches to blood vessels and causes blood clots that means it s not confined to the lungs but rather to any organ which is why people can die of kidney disease or heart disease or stroke etc in fact in autopsies when they started looking at all the coated 19 patients who obviously had died they found thousands and thousands in their bodies of little blood clots that are caused by this coded 1000 virus number 2 the virus does seem to have mutated as expected by the way viruses mutate the original strain or the strain based on where it was 1st detected tends to be more lethal it kills
this is really important stuff number one number one remember how we were told that covert 19 was essentially a respiratory disease right that primarily attacked and targeted our lungs it appears that is not the case now see this is new information but 19. turns out to actually be more of a vascular disease that attaches to blood vessels and causes blood clots that means it s not confined to the longs but rather to any organ which is why people can die of kidney disease or heart disease or stroke etc in fact in autopsies when they started looking at all the coated 19 patients who obviously had died they found thousands and thousands in their bodies of little blood clots that are caused by this coded 1000 virus number 2 the virus does seem to have mutated as expected by the way viruses mutate the original strain or the strain based on where it was 1st detected tends to be more lethal it kills more people the 2nd strain often called the european strain or the italian strain bec
a major setback for boeing to get the 737 max back on the air. a trader took depositions on the stock. halftime reports starts now. hey everybody, it is good to have you with us on this tuesday. good to be here. your investment committee. and your special guest, asset management and forbes top 100 financial county, in the country. wow he s walking off right now. it is going to be a great show i am done. here is the percentages stocks they are sliding down dow is down 300 points right now. more than 1% concerned of trade talks and s&p as you heard rick talks about breaking key support and struggling to stay above 2900 s&p 2902 rob, i will start with you my friend here is one of the top in the county. a rich county one of the top in the county. here is my question. at what point does the trade fight becomes trade. what i mean by that is this has been going on for two years. we keep on waiting for it to end. at what point do we think of the market and structuri
it s time to change looking at southbound 880, a burst of traffic came through, usually that indicates a traffic break that was let loose. the reason i thought maybe that freeway had cleared up was because there s construction going on, blocking two lanes north of there. i have seen some slowing, i ve seen speed sensors change so they are starting to move the southbound crews to the northbound side, headed toward 23rd. that won t clear up for maybe a half hour, probably 20 minutes through the area. the rest of the bay shows a nice easy drive but there are pachds of fog drifting around, no the sticking around long enough to show it anywhere except on our north bay road weather index, and that s where you see a caution north of novato. back to you. thank you, mike. former national security adviser michael flynn is expected to wake up this morning as a free man, but his fate is still in limbo, after a federal judge threw a wrench in the government s plan. today in the bay