The month as the Coronavirus Crisis takes its toll on the economy. So no wonder thousands of Small Business owners began lining up before dawn to tap the governments rescue coffers. With 349 billion dollars in loans ready for the taking were about to get the realtime numbers from the fed. But why are some banks both huge and small waiting to grant the loans . Right now still . The ceo of a Community Bank, serving hundreds of desperate Small Businesses is here. Why the ceo is teaming up with regional competitors to launch the loans on monday. Its a fox business exclusive. Meanwhile, one financial tech loan Company Thinks the covid19 catastrophe could accelerate the death of paper money. The co founder and the ceo of a firm, a big thinker is going to join us in a fox business exclusive with why he thinks that Paper Currency is going away. One of the nations biggest producers of the medical community, most valuable commodity right now, after doctors, is here. The ceo, the top producer of,
Your deal take away, kkr earnings beat estimates. Stocks up. We look at the dealmaking slump. Welcome to Bloomberg Markets. We say take away because we will try and find a take away but it is hard to find an overarching through line right now. I feel it we are all settling after last weeks deal explosion. Guy waiting to see what cpi delivers prayed waiting to see how the fed is reacting. We get a lot of fed speak coming up. The earnings story peters out a little bit over the next few days. That takes us back to the macro narrative which has dominated prayed i have to ask, how was oklahoma, did the hat make it back ok . Alix i almost left the hat on the plane. The hat did make it home. Now i have a cowboy hat and trying to figure out the thing. Guy i figured you have to buy an entire outfit. This is a topdown. Alix i need the cowboy boots now. You dont want to overdo it in new york but i think the ankle boots will help the top and the bottom. Guy the top down bit is germane here. It is
Definitely macro driven. That has been the narrative from the getgo. Earnings season providing a brief interlude where we look at companies to deceive much happening you look at whats happening with the earnings and where we go from here but then we step snap back to talk about the macro. Earnings news isnt sufficient to move the markets at an index level so we are waiting for a macro catalyst at the back end of the week. Bottom up, 8. 2 on the downside, this company clearly has problems in terms of manufacturing and contracts. We will see how it starts later this week. The ubs story is interesting as well. It was a great exclusive in terms of the management shift, the stock up 4 10 of 1 . It still feels like a macro story and where does that leave europe . That remains a key question. Alix the s p is up. 5 . Volume isnt terrible and i found that to be interesting. Talking about micro a bit you have tyson and apple. Down over 2 its the longest losing streak for apple since december aft
a russian born u.s. defense intel officer says this is just the beginning. what putin has done is a diversion. the narrative about the security counsel meeting later in the day is a classic deception. this retaliation should have been expected, including by president biden and president zelenskyy. putin is switching strategies to what is called the new generation warfare, where he s going to target exactly what he s targeting right now, the civilian infrastructure. president biden at this point has no de-escalation strategy, and that is very dangerous. ukrainian president zelenskyy saying, they are trying to destroy us and wipe us off the face of the earth. the air alarm does not stop the threat in ukraine. there are missiles hitting and unfortunately there are dead and wounded. please do not leave shelters. take care of yourself and your loved ones. let s hold on and be strong. he says russia timed its attack to inflict maximum damage on energy and infrastructure. he s
to the other people, the shady characters who actually bought some of that artwork and what influence it got. all right, john , we re going to pick it up. i have a great show where you how are you left off? good to see you. i m laura ingram . this is ingram angle. thanks for being with us tonight. redefining failure. that s the focus of tonight s angle. today was one of the worst days the bush administration has had since its inauguration. now two things have now become undeniable for everybody, but slavish biden apologists no. one , americans are getting poorer. no to america is getting weaker . yes, the white house, of course, is trying to spin gold out of goose after they been all week trying to redefine the term recession. the gdp number came out and naturally it s worse than expected. additionally, two successive quarters of negative economic growth has been deemed a recession and confirmation of that ugly reality came today. looking back on this, we probably may say tha