For traders and investors alike to say the least. Session lows today 1,085 on the dow to claw back finishing lower by only 357, so folks down here were able to take a deep breath having seen that, but this was all on the coronavirus. It just rattled the market seven Straight Days of selling the worst week on wall street since the financial crisis, all three indices ending in correction. For the week the dow gave up 3,580 points and as investors rushed out of equities and oil, the rig assets moved into the safe haven of the u. S. Treasury, the yield on the 10 year setting a new alltime low, under 1. 2 . Now the Federal Reserve weighed in today, no rate cuts were on the horizon, but Jerome Powell told the markets that the fundamentals of the u. S. Economy remain strong but the coronavirus of course poses an evolving risk to Economic Activity adding the fed will use its tools and act as appropriate to support the economy, david. So, traders basically telling me theyre taking a sigh of rel
For traders and investors alike to say the least. Session lows today 1,085 on the dow to claw back finishing lower by only 357, so folks down here were able to take a deep breath having seen that, but this was all on the coronavirus. It just rattled the market seven Straight Days of selling the worst week on wall street since the financial crisis, all three indices ending in correction. For the week the dow gave up 3,580 points and as investors rushed out of equities and oil, the rig assets moved into the safe haven of the u. S. Treasury, the yield on the 10 year setting a new alltime low, under 1. 2 . Now the Federal Reserve weighed in today, no rate cuts were on the horizon, but Jerome Powell told the markets that the fundamentals of the u. S. Economy remain strong but the coronavirus of course poses an evolving risk to Economic Activity adding the fed will use its tools and act as appropriate to support the economy, david. So, traders basically telling me theyre taking a sigh of rel
And the ready to read program and some are read. Me will soon be announcing a winter read we will try to get the Community Reading just like we do in the summer we owe a debt of gratitude to our media sponsors and and our community sponsors. I hope you will join us later this month wrapping up the 2019 series we have kevin wilson in the meeting room downstairs. Also authors will be presenting the joy of cooking. Tickets are 50 but include a copy of the newest addition and a small sampling of the most loved recipes and cocktails. And now for the reason you are here today the moderator is a pulitzer prizewinning columnist the author of two nonfiction books and then to bring back here next year for that. Please do me too welcome to the stage miss connie schultz. [applause] elected to the seat with the Democratic Party beginning the political career 1975 and from secretary of state and has taught at ohio state university. With progressive senators who changed america. And with the eight me
News and opinion website. As always, we will take your calls and you can join the conversation on facebook and twitter as well. Washington is next. Ist good morning, it monday, september 23, 2019. Scrutiny over President Trumps reactions to ukraine have led for renewed calls for impeachment. Also acknowledged yesterday that joe biden came up in that july call. This morning on the washington journal, we are getting your reaction to this story as phone lines are split as usual by political party. Is thets, 2027488000 number. Republicans, 2027488001. Independents, 2027488002. You can also text us and if you do, please include your name and where you are from. That number, 2027488003. You can also catch up with us on social media. On twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good monday morning, you can start calling in now. It was the washington journal over the weekend that led the that julyorting about phone call with President Trump. The wall street journal w
Alongside tom keene and lisa abramowicz, i am Jonathan Ferro. The s p 500 positive by 0. 22 . Tomorrow morning, retail sales, thursday from walmart. How many times have we done this from august . Talking about china. China the headline once again. Tom it starts and ends in china with a set of news. What is interesting to me is it is not one story. You have to get briefed on this to get up to speed on three, 4, 5 stories. Chinese equities in the tank, iron or somewhat in the tank. A lot of moving parts going on in china and that comes back to jackson hole. Jonathan one chinese developer, Country Garden holdings seeking to extend for the first time ever. Away from that we have a wealth manager missing payments. This is starting to mount in a bigger way. Lisa which begs the question of when this becomes financial contagion in china. Why are we not seeing more trickle out affects . Is that what we are seeing in germany or parts of europe . A lot of u. S. Companies are rationing back expect