Quickly after the crisis, as u. S. Jobless claims could hit in even bigger number than last week. And daily fatalities continue to rise in spain and the u. K. , as france proposes an economic rescue fund. Lets get the markets. Sixttle weakness in asia, a percent drop for the s p 500 over the last two days. Futures are positive, though, up over 1 , and european futures pretty much unchanged. Its difficult to look at fundamentals, for where equities go. A lot of people looking at technicals, saying there is a range we could fall into in the next few weeks. Is10 the 10year yield steady, but if we see a renewed selloff in equities could more money move into treasuries . The bloomberg dollar index is steady today with yen weakness. Have we found a floor on oil . We are bouncing back a little above 21 a barrel for wti. Now, a classified u. S. Intelligence report seen by bloomberg says china conceal the extent of the coronavirus outbreak within the country. U. S. Officials suggest beijing int
Full picture with a packed show today so lets dive right in. And we leave the program here in the United States as President Donald Trump addressed the social distancing measures taken within the country to limit the spread of the crowed a virus during his Daily Briefing wednesday the u. S. President pushed back against the idea of a nationwide locked out leaving it up to states to make the decision. There are some states that are different so there are some states that dont have. Much of a problem there is so low they dont have the problem they dont have thousands of people that are positive with thousands of people that even think they might have it for hundreds of people in some cases so you have to know that you have to look at it you have to give a little bit of flexibility but of the state. In the midwest alaska as an example. Doesnt have a problem so if you have to say closed. And the u. S. President was also asked about travel restrictions in the u. S. As a way of mitigating th
Up on line as the people are at home and becoming very creative and i want to look at this these 2 little sets of money printing go. And theyre quite interesting as you can see here is this one guy printed page a picture of pretend its face is turning red hes going red hes pointing predicting fast and then we have this other one here of a whole bunch of central bankers printing money so that seems to be their solution from the at least the neo liberal elite the keynesian sort of old school ivory tower economic thinking elite is money printing is going to solve all these pandemic problems now its like the child of ron paul and a lot of ways because you started talking about the problems associated with money printing in the Federal Reserve 2025 years ago during the 2008 crisis people started to more aware of this when big question came around suddenly a whole new generation started to understand the connection between money printing and the said and economic weakness and now i think its
Max kaiser this is the kaiser report its 21 days 22 days i forget the number of days but ron lockdown the corona virus a lockdown and. Its so the what is it is what happens stacey well of course everybody in the world is on a different day of their lockdown some people like and will hound but have been on lockdown for 078 weeks now in america were starting to see walling lockdowns across america but you know as the World Everybody out there everybody watching is now in some form of lockdown where finding some entertaining diffs and means coming up on line as the people are at home and becoming very creative and i want to look at this these 2 little sets of money printing. And theyre quite interesting as you can see here is this one guy printed preacher preaching pretend its base is turning red hes going readies point in predicting fast and then we have this other one here of a whole bunch of central bankers printing money so that seems to be their solution from the at least the neo lib
Charles coming up my oneonone interview with Vice President mike pence plus Small Businesses expected to get some relief this week as job losses continue to grow. Reaction from former Small Business administrator Linda Mcmahon. All that and so much or an making money. Charles markets stumble out of the gate this morning as investors reacted to sobering news on the potential coronavirus deaths, not so much by selling but many investors are staying on the sideline while the Coronavirus Task force models for a potential peak in the next couple weeks. Wall street is modeling the Lasting Impact of the shutdown to society and it is sure to change in many, many ways. For the most part this is largely a guessing game for the market, beginning with tomorrows initial jobless claims. To be sure there is a school of thought that the market is already oversold and perhaps underestimating the resolve of the American Public and our economy that by the way was a juggernaut before the terrible pandemic