How much of this is connected to travel stocks and the coronavirus were going to explain it plus the state of california has declared a state of emergency related to the crowbars well have a live report and coke in mongolia is about to get its own Competitive League weve got the details so much to get to on this very busy day so lets get started. And we begin with another manic day on wall street as thursday the dow dropped over 1000 points again essentially erasing almost all of the 1200 point gain from wednesday it has been nothing short of a wild week on wall street with the dow swinging a 1000 points or higher twice in just the past 3 days monday markets posted their largest single day gain wednesday the dow posted its 2nd biggest gain as the healthcare sector shot up thanks to that super tuesday win for joe biden investors almost seem to be cheering signs of a Global Response to the corona virus which includes more than 8000000000. 00 in emergency funding. Coming from congress but
Strong performance in the latest round of the Us Democratic Party President ial primaries we look at how the establishment favorite does appear to be the chosen one despite some embarrassing its. A good evening youre watching r. T. International now a high profile right wing german politician appears to be the latest victim of Violent Attacks on lawmakers in the country nicholas feste from the alternative to Germany Party had his car destroyed by arson in berlin peter all of a now reports on the worrying trend. This street is the scene of what is potentially the latest in a growing number of politically motivated crimes in germany this time its all the car the politician nicholas faced go up in flames last night a car caught fire in charlotte and bork the firefighters extinguished the blaze but could not save the car because of the suspicion of a possible political motivation were handing the investigation over to a specialist unit yesterday morning the Police Called told me that my ca
A New York Times investigation uncovered that the war profiteer helped recruit former american and british spies for a secretive intelligence gathering operations that included infiltrating Democratic Congressional campaigns labor organizations and other groups considered hostile to the trump agenda. Or other words just another day at the office for the mercenary mogul and younger brother of secretary of education betsy the boss. Who they are actually brother and sister so with viruses making headlines stock markets falling or oil wars brewing in erik prince of mercks caught spying i think its a good time to for us to start watching the hawks. If you want to risk going on a city the streets you want to see. Them so you like to see the prices you always just stay and see a little slice scrapes suggests least systemic dissent says the late show which would be so when the joke as. Well when watching the eggs i am tyrone ventura and im in the chicago boil boil me should look at this we got
That weve been having so lets start here whats going on with this because we saw the dow as i mentioned up almost 1300 points on monday down 786 on tuesday up almost 1200 wednesday down almost down over 1000 again today do you ever remember a time when youve seen this kind of yo yo effect with the markets to this extreme. Well again you have to look at it percentage wise that weve seen this kind of movement but obviously we werent at 28000 at the when it started i think what youre seeing here is just a market that is showing you that the top is probably yes you know weve talked about on your show for the last couple of months that i thought we were in the early stages of a recession investors were looking for an excuse to sell and i think thats what youre seeing here i think this is very good topping action to a market thats probably going significantly lower from here and i think youll see a lot of these days but again remember when you look at percentage wise its feels bigger but its
Fed says theyre going to help but it doesnt help the market in london the sound you cant park in that. One in washington. Is a rate cut but it doesnt stop markets from dropping nearly a 1000 points well investigate why the fed intervention is not helping. Billions into detecting the. Were going to tell you about at least one huge acquisition. To pay 500000000. 00 for throttling i phone users in order to push them to purchase a new battery but is 500000000. 00 nearly enough we have a live report to get you on this very busy day so lets get started on. The Federal Reserve decided to pull the trigger Tuesday Morning and announced an emergency rate cut of 50 bits in response to the growing economic threat from the fallout of the quantum virus this is the 1st time this has. Deployed since december of 2008 during the financial crisis as chairman powell said the coronavirus was having a Material Impact on the Economic Outlook the addition came 2 weeks before the feds scheduled meeting but rat