System leaving and this is the the hardening system the hard money system entering and to join us through this time we have gear mo who we met in mexico city said am ex say he was so wise and he told us about hard money so hes actually pretty hard if you pick him up its really hard unlike plucky who eat took with us through the central bank and feel your scorn painting hes quarantining but hes really floppy you know he can barely hold the worlds most famous central banker hes the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket weve been signaling this so we have to join us to talk about briefs for the deepest recession on record says bank of america analysts as jobless claims surge to 6600000. 00 they believe that Unemployment Rate is going to go to 15. 6 percent up from 3. 5 percent in february so thats a huge rise in Unemployment Rate we havent seen this and our lifetimes this sort of surge this rapidly well even the 3. 5 per
The past 6 months since the fed started inter intervening in the repo market and then we got hit by a pandemic and now we have mass unemployment and things like that thats the fear system leaving and this is the the hardening system the hard money system and touring and to join us through this time we have gear mo who we met in mexico city said am ex say he was so wise and he told us about hard money so hes actually pretty hard if you pick him up its really hard unlike plucky who eat took with us through the central banking field ideas quarantining hes quarantining but hes really floppy you know he can barely hold the worlds most famous central banker hes the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket weve been signaling this so we have to join us to talk about braced for the deepest recession on record says bank of america analysts as jobless claims surge to 6600000. 00 they believe that Unemployment Rate is going to go t
Watching artsy international. You start with the latest news on the pandemic the corona virus has now claimed more than 11000 lives will be wide but the number of confirmed cases hitting 275000. In. Italy suffered its highest number of coronavirus deaths in a single day on friday with 627 people losing their lives in all the pandemic has now killed more than 4000 italians and if a chance of region one of the worst hit province is the large scale loss of life is put a strain on Funeral Homes some crummy toria have said that they may not be able to take any more coffins because of a lack of capacity. And obviously this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a few days in order to be able to recover some space. For us to use our premises dedicated for the final farewell as you can see this farewell room has become a provisional space. It remains on lockdown soldiers patrol the and the streets of palermo insisting it deploye
Has been the trend we have been watching for quite some time future indicated 44 points by the dow. S p futures by 3. 5 this comes after we saw all three of the major averages sitting at new highs again on friday thats happened a lot recently the dow and the s p 500 up for the last seven of the last eight sessions nasdaq on an eightday winning streak and thats something that youre watching as we kind of rush into the Holiday Season here also look at whats happening in the treasury market. Youll see that right now the ten year looks like it is yielding 1. 91 just below 2 for the ten year we have some news breaking just literally in the past hour now. Report saudi arabia sentencing five people to death for the killing of Washington Post columnist jamal khashoggi, he was murdered of course in that saudi consulate in istanbul just last year by a team of saudi agents saudistate run tv saying three other people were sentenced to prison over the killings and reports say that the investigation
I have friday on my mind. Be with me girl, shes so pretty. Lauren welcome to fbn a. M. Happy friday. Im lauren simonetti. Cheryl were not going to let it go at all through the whole show. That joke is going to stop, i promise. Good morning. Im cheryl casone. It is friday. Lauren and frozen 2 is out, its in h theaters, going tonig. Its been a down week, first down week for the Broader Market in six weeks but the dow is up 52, the s p gaining 6 this morning. Cheryl the comments from xijinping overnight, lets take a look at asian markets right now and youve got green a across the screen except for the shanghai market, look at the hang seng, look at the kospi, all green. The nikkei as well. Again, china looks like theyre ready to make a deal. Lauren the new European Central bank head Christine Lagarde is speaking and in europe stocks up across the board. Cheryl we start this morning with china, they are vowing to retaliate if necessary as they work to reach a trade deal with the United Sta