Cancelling all those t. V. Shows canceling all those celebrities tearing down all those statues doing all those protest is meaningless with a capital m. You have wasted your life away completely you are a waste you are a waste if you dont counsel the fed if you dont cancel the fed then you have wasted your life its that simple millennial is jhansi baby boomers and gen x. If you do not cancel the fed you have been born into this world for no purpose and the fed of course is what i had said in my tweet and this was this is a motto that has been going around for quite a few years a drive driven by mostly ron paul of and the fed and so weve had a since 1913 and this is the systemic nature of this is that it is sexist it is racist it is classist by nature in terms of the fact that the fed pushes the cantillon effect here im going to say plucky this is plucky cousin as actually what joe will say and you know the spirit of one. Joe wilson resides in here because he did create the fat he signe
Delivered. Bonds are performing a bit better now, a tightening of the spread, 2004150 is where we are trading right now. In the u. S. We are seeing gains in spite of the initial jobless claims figure that put shivers down your spine. Stocks are just going the other direction. The s p 500, up 1. 4 . The nasdaq, running away with things once again today. All but three sectors in the s p are higher. You can see that there is definitely a risk. Belowoil is still well 18 per barrel. Gold is continuing to is the dollar, although it is off the highs of the session. The dollar, miss versus the other currencies and the euro right now, whether is not much change but you have currencies like the Canadian Dollar that are stronger today on the bounceback in oil. Guy . Lets get some more insight into what is happening with these markets. As we indicated, European Union leaders are holding that conference about delivering massive economic stimulus measures. The need for a positive outcome from the me
Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th
It is up 25 , but still well below 15 a barrel on a supply glut in the u. S. And around the world. And as Congress Passes that 480 billion relief package to keep the Paycheck Protection Program running, td bank has promised some 26,000 Small Business loans. The ceo is going to join us in a few moments and tell us how he did it kelly, over to you all right, tyler, thanks. Todays rebound is led by tech stocks again they were under pressure yesterday. Lets get to bob pisani for more on the rally bob . And like i said, the last hour, threetoone advancingtodeclining stocks, thats a nice move up. But this is really in a sense tech and even mega cap rally the five biggest stocks on the s p 500, huge gains here facebook is up 7 . Google is up 4 . Microsoft, apple, amazon look at these moves up the other bigger five, berkshire, walmart, only one, Procter Gamble were down when you get nine of the top ten moving up, the s p is going to move, even if the other ones dont do much at all this is a me
Super markets spree Grocery Sales as british shoppers spend more to stock up amid the lockdown loreal looses ground after the french group scraps its guidance and warned that coronavirus will have a bigger impact that previously expected. Chinas factory activity has restarted and apparently rebounded in march after disruption was disrupted bit Virus Outbreak the pmi has risen to 52. Anything above 50 is expansion the number in february came in at a record low of 35. 7. Highly significant but much better than expected analysts had been forecasting a contraction. Well get to emily report we are seeing the Hong Kong Market close out a session on a tuesday with positive gains. With the form of the official pmi for march. The hang seng index closing up 1. 4 at 23,503. The latest pmi for march better than expected with a 17point jump to 52 back into expansionary territory coming off a record low in february coming out quick to say that they are cautioning that the readings do not dignal a st