Points. Brent really rolling over by about 5 , much worse than wti. It is now a pure demand issue. You see equities taking it on the chin, as well as commodities. Time for todays top market moving news from new york and our london team. We want to begin in the u. S. Come over Senate Democrats blocked Mitch Mcconnells attempt to advance the coronavirus economic rescue package. Minneapolis fed president neel bloomberg the fed can do more to support the economy. We are being more aggressive. Is there more we can do . Yes. Is there more we may end up doing . Yes, but i feel we are being very aggressive. Alix joining me for more is Michael Mckee. Walk us through what he said, what more they can do, and what is going on in d. C. Michael jim bullard is the one who really scared the markets by saying a 30 Unemployment Rate and perhaps a 50 annualized decline in gdp during the Second Quarter. Morgan stanleys is the closest to that 30 , so he thinks things can be much worse. They still say the f
Ultimately harming consumers because then it giving access to the best information from across the internet. Watch the communiques tonight at eight eastern on cspan2. X, general mackenzie answers questions on the president 2021 Defense Budget request and how the coronavirus outbreak is impacting the middle east. Our meeting will come to order. The Committee Meets today to receive the testimony of the United States Central Command. I would like to welcome our witness, general frank mckenzie, commander of the United States Central Command. I want to add that immediately following this mornings open hearing well move to svc217 in the Senate Visitor center for a closed session which will be an opportunity for general mackenzie to answer some of the questions that might make a note of questions that come along that are not appropriate answer in the setting so that we can do it later. I would like to begin by recognizing two United States marines, gunner Sergeant Diego Pongo and captain mois
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 page a picture pretend its base 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 they 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 he 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
Market meltdown. Hang on, everyone, this is the final hour of trade. Good afternoon. Lets have a look at whats driving the action the lack of a Production Cut deal from opec coupled with a saudi price cut sending prices tumbling down 17 on the day alone. Coronavirus fears remain front and center as global cases top 111,000 and italy locks down a quarter of its population. And the bull market chaos rages on as yields on the tenyear at a low of 0. 31 and remain at the moment below 0. 5 . Joining us for the full first hour of the show, lindsey bell from ally invest they have 7. 85 billion in total customer assets. Shes here along with our team of reporters to break down this massive market sell off. Bob pisani is on the floor of the change Brian Sullivan covering the Oil Price Collapse mike is here to look in the the market mike holland ond transports. Well get to all our reporters the dow is down 7. 25 . B bob. Important thing is the Circuit Breakers hit this morning. Down 7 . Halted for
Important information. Its important for every american to remember that if you dont have symptoms, you dont need to get a test we want to make sure that Testing Available for people that are experiencing symptoms or have a genuine concern about being exposed to someone with the coronavirus. Dr. Burkes will address county level data and the progress we made on testing. Americans can expect to see how an increases number of cases should not be a cause of concern. Shell explain the importance of taking into account our new testing system as new data arrives over the next several days on supply, the a priority the president has given to our task force, we continue to work with Health Care Providers, business and state leadership to identify available supplies not nearly in the federal stockpile but much more importantly available across the private sector were encouraged see Companies Like honeywell and 3m, that i visited a few short weeks ago take advantage of the changes in the law last