What companies to watch . The roundtable looks a little different this week in order to be safe. We are staying away from each other but we are all here. Joining me from afar ben levisohn, carleton english, and jack hough. We are running out of negative superlatives to describe was going on the market right now. Set aside the human toll which is hard to fathom, walking through manhattan and seeing all the store closed. Markets alone, s p 500 closed down 17 on the week even worse than last weeks horrible performance. What you look at question work. We are just try to find a bottom here. Look like we mightve had when earlier this week but did not hold. Gerry 2350 was whatever but is watching. Smack that was not too far below that but we are now seeing what is the next level down . Wheres the marketing to try to find support . There are some things out there that are slightly optimistic. For one, its been hitting highs in most every day vicks is a measure of volatility in the market. Its
Billion people. Tom it is nothing more than a states rights issue in the united states, the tension between the federal government and the 50 states. The size of the fiscal stimulus is extraordinary, way more than what we saw from president obama in 2009. Just as importantly, the impulse of the fiscal stimulus over the short term is truly at a wartime level. Francine we are also getting some e flow figures. This is the month of march, german business confidence, and the index is 86. 1 instead of the preliminary 87. 7. March, i dont know whether it still seems quite strong. I know we will speak ahead of the if a in just a second. It is not having a big impact on the so the ifo march is holding on. If you look at current conditions, 93. This was for february, so it is backward looking, it does not take into account a lot of what we saw. It will be interesting to see what the ifo president expects for the future. Tom lets get to the data right now before we get started. They did it is sim
Stimulus. Is there fiscal stimulus in the United Kingdom . Francine there is fiscal stimulus. One of the first things we covered a couple of weeks ago was this treasury and bank of england acting together. The u. K. Probably has to do more, but they were at the forefront of it and they acted in a coordinated action of fiscal and lending to businesses. The loans and credit lines will make a big difference but it depends on when the economy gets back on its feet and when people start going back to work. You put cash into businesses and suspend payments, but at some point people have to go back to work. Tom the president talking of back to work near easter, or part of work part of america back to easter. Gdp for the stimulus and the United States commitment is a huge 5 of gdp and even up to package. Trillion a 2 trillion package. The Trump Administration and u. S. Senate agreeing on the rescue package calling for almost 2 trillion in spending to boost the economy. Deal. Last, we have a af
What companies to watch . The roundtable looks a little different this week in order to be safe. We are staying away from each other but we are all here. Joining me from afar ben levisohn, carleton english, and jack hough. We are running out of negative superlatives to describe was going on the market right now. Set aside the human toll which is hard to fathom, walking through manhattan and seeing all the store closed. Markets alone, s p 500 closed down 17 on the week even worse than last weeks horrible performance. What you look at question work. We are just try to find a bottom here. Look like we mightve had when earlier this week but did not hold. Gerry 2350 was whatever but is watching. Smack that was not too far below that but we are now seeing what is the next level down . Wheres the marketing to try to find support . There are some things out there that are slightly optimistic. For one, its been hitting highs in most every day vicks is a measure of volatility in the market. Its
Treatment. What companies to watch . The roundtable looks a little different this week in order to be safe. We are staying away from each other but we are all here. Joining me from afar ben levisohn, carleton english, and jack hough. We are running out of negative superlatives to describe was going on the market right now. Set aside the human toll which is hard to fathom, walking through manhattan and seeing all the store closed. Markets alone, s p 500 closed down 17 on the week even worse than last weeks horrible performance. What you look at question work. We are just try to find a bottom here. Look like we mightve had when earlier this week but did not hold. Gerry 2350 was whatever but is watching. Smack that was not too far below that but we are now seeing what is the next level down . Wheres the marketing to try to find support . There are some things out there that are slightly optimistic. For one, its been hitting highs in most every day vicks is a measure of volatility in the m