There are more than 3900000 global cases of coronavirus more than 272000 deaths newly released numbers show the damage that coronavirus related shutdowns are creating for global economies the u. S. Labor market reported historic lows slashing 20500000. 00 workers from nonfarm payrolls the Labor Department reported the Unemployment Rate surge of 14. 7 percent last month thats topping the post world war 2 record of 10. 8 percent but its still short of the Great Depression high which was at 24. 9 percent yet stocks are surging and seem to be ignoring those numbers well canada also lost a record breaking number of 2000000 jobs last month unemployment numbers surging to a near high of 13 percent while the worst of the pandemic seems to have passed in your. More countries continue to reopen their economies still the European Union is facing its worst recession ever and france suggested the e. U. Issue bonds of at least one to 2 percent of the e. U. s g. D. P. For the next 3 years so essentia
Points hallelujah. S p soared 9. 38 . [ cheers and applause nasdaq pulled 1. 28 it feels like 2008 when the Congress Approved the bank bailout. On the for the stock market to start crashing not long after. Sell, sell, sell. The covid stimulus bill will pass and pass on the second vote heres the problem weve been in the worst bear market i have ever seen. We have been down endlessly. Proprietary s p oscillator i follow keeps registering a minus 20 reading making it the most deeply oversold moment in the history of the oscillator. When you get that level negativity, endless, endless, endless, you get a coyle spring of a market. Usually snap back with a vengeance. Typically based on short sellers ringing the register to close out their business remember if you owned a stock and it kept going up, up, up, you might want to take profits then it goes down, down, down, you might want to take profits if youre betting against it and, look, its very bullish that Congress Seems to be making progre
Announcer its the late show with Stephen Colbert dems the break week 2020. Candidates gone but not forgotten, except the ones weve forgotten. Tonight, all hail breaks loose. And stephen makes a new lord of the rings trilogy. Plus stephen welcomes senator Kamala Harris, and musical guest, Lady Antebellum. Featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen hello happy thursday. Please have a seat, everybody. Thank you so much. Welcome, one and all to the late show. Im your host, Stephen Colbert. And it is cheers and applause and you can feel the excitement. Everybody is so excited about day five of the live impeachment hearings. Yeah. The witnesses have been compelling. E ated wt the whistleblower said, but the people on the tv say the whole thing has one problem the issue keeps on being kind of complicated for people to follow. Has this gotten too confusing for the American People . T
Home builder market, as crazy lows spark a mammoth rush to refi but could rates drop even lower . Mortgage guru barry habib of mbs highway here exclusively on whether you should pounce now or whether you should wait. Opec plus russia, fretting about the deadly contagion as the price of oil plummets. Its no longer if, but by how much the cartel will slash production. Dan yergen is one of the worlds foremost experts on black gold. How low will that go . Dan has an idea. He will reveal it right here. Its a fox business exclusive. And as companies from bmw to twitter order their employees to work from home, theres a softwear Company Helping you get the job done without leaving your couch. The ceo is here on how well its working. With less than an hour to the closing bell and gold and bitcoin surging, lets start the claman countdown. Liz breaking news. Senator rand paul of kentucky, the only senator to vote no as moments ago, the Senate Passed the 8. 3 billion emergency funding bill. This b
Situation was much like puppies in a box. Eventually, using forceps, we were successful in extracting the heads of jim jordan and devin nunes, and, as we speak, we are sending in a team of specialists to try to locate Lindsey Graham hes way up there. laughter announcer its the late show with Stephen Colbert tonight, kicking off new zealand week with Prime Minister Jacinda Ardern. Plus stephen welcomes adam driver and musical guest the 1975, featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen howdy from downtown hello, friends cheers and applause fantastic hello thank you so much piano riff welcome to the late show. Im your host Stephen Colbert. cheers and applause trumps impeachment is really heating up, its gearing up, its ramping up. The gears are all hot from all the ramping theyre doing. There are live hearings tomorrow, wednesday, and thursday. The fate of our nation hangs in the