Into negative territory for the 1st time ever. Canadian Prime Minister Justin Trudeau has vowed to ban the sale of military style assault weapons after a shooting spree in nova scotia reignited calls for stricter gun control measures the death toll from sundays rampage has risen to 23. Reporters without borders fierce governments are using the coronavirus pandemics to crack down on the media the group has just published its annual press Freedom Index which ranks countries according to how freely their media to operate. Their news from berlin you can follow us on twitter at news of visit our website d w dot com. For 40. The coronavirus pandemic has turned much of our world upside down including the oil market this week for the 1st time ever the price for a barrel of crude fell below 0 with just like the walk downs the Oil Price Collapse it too will eventually pass right now were getting a glimpse of the future when the lifeblood of the Global Economy will no longer be measured in barrel
The s p climbing 2 or so, now up 2. 35 . This after the monster rally we had just yesterday. 2. 25 . Technically, pushing the s p out of a bear market, but that is a heated debate. The 10year yield continuing to rise by seven or eight basis points. Today, rising by an additional 10 basis points. You are getting a weakening of the u. S. Dollar. Beware talking about the funding issues, stress levels coming into the bloomberg dollar index. Some of the natural correlations are starting to return just a little bit. There is some hope and optimism here. Copper futures rising 2 . Futures are at the highest may have been since march 17. Are closing, helping to reduce the supply, and some hopes now that the demand outlook is improving as well. Here for a deeper dive into the markets is abigail doolittle. What are you watching . Abigail thank you so much, taylor. Certainly a risk on rally for a second day in a row. You mentioned the s p 500 up about 2. 7 . Energy is climbing higher, even though
0. 769 a little lower than weve seen in weeks leading up to this. Joe, the most important thing youve said is it is friday. Is it friday . The days are all it has been months. And then again, it feels like one whole long day for the week. In this new bull market we are in we will see, hopefully. Three days im not saying that we are they make no sense anymore. I guess it is possible we could look back a year or two now and say, wow or as Paul Tudor Jones said. Are we opening he said we could probably see some new lows. We are still on the front edge of this horrible thing that will play out in new york and other cities hopefully not as bad as people thought. The coronavirus cases surging to nearly 86,000 passing italy and china and making america the site of the largiest outbreak. The death toll is nearing 1,300 in the u. S. So far those number doubling somewhere around every three days right about now, a little less. Lots of questions about other areas too now how this is playing out i
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