On a virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while thats in the u. S. Have topped 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies are with the governors doing a better job than others. Capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in. And other people believe it less strongly but still its a very good thing to have the us
This moment . Expert analysis how you should be positioning your portfolio. Has a deal within reached in washington for more stimulus . Could it be mean more testing and stimulus . Well have more and the answers coming up on making money. Charles markets down for a second day in a road. The hardest hit sectors are not oil. Technology stocks getting absolutely slammed today. We knew after this huge bounce a pullback was inevitable but how deep will it go . How should we be positioned for this . I want to bring in capital wave strategist shah gilani and Divine Capital ceo, dani hughes. Shah, let me start with you. That was amazing vshaped, sharp, strong, stock market recovery, more than probably anyone had anticipated but everyone knew we would pull back. This is part of it. How are you positioning yourself as some people made money buying on the first deep or eager looking at the second dip . If you were lucky enough to time that to get in i wasnt, good luck to you, but i would suggest
Grassley. Lets begin with the fourth economic aid bill being debated. Senator Chuck Schumer said the senate will vote today. When will that happen as well as what is in this legislation . Atst i think it will happen 4 00 today, and i think it will include 351 billion for Small Business, 75 billion for hospitals, and 25 billion for testing. That is as of late yesterday afternoon, and i doubt if it has been changed in the meantime, and i think it will go a long ways in helping the Small Businesses get the money that they need to start their business up again after the government shut it down. If there is any fiscal conservatives who wondered about spending all abyss money, the rationale for it is for the first time in the 240 year history of the country of our severalthe government, state and local, made decisions because of Public Health that we and just shut in, the economy down basically, and when the government does that, the government has a responsibility to get the economy going a
Businesses dont go anywhere americas war starts right now. Millions of americans are struggling to get their stimulus checks but even if they can get through the iris web site they can still have banks steal their money join me to talk about this is fair and cousins editor the national trialware magazine this this story i guess its no surprise right this whole litany the whole nature of this legislation was to put money in the hands of people so they could eat so they could pay their rent now we see the threat of banks saying what well the banks are saying hey you have Overdraft Fees from a couple years ago oh youre youre behind on this payment that you know this debt that we hold for you were going to steal your money and the worst part about this is not. Just the fact that the banks are doing this its that this was intentional this was intentionally put into this piece of legislation because they wrote in a provision congress did as part of the stimulus package here that the federal
Us you know most of us eyes living outside of the washington d. C. Oil lubricated power structure but now in the wake of the coded 19 pandemic in the prices of oil balling to rock bottom prices around the globe due to lack of consumption the once mighty fossil fuel power structure is frankly falling to pieces even Us Oil Production for the 1st time in history dropped below the 0 high into an incredible negative negative 37. 00 per barrel negative. Yes they dont pay you to take care to take this oil up their hands but what the once mighty oil empire of saudi arabia now crumbling when asked to wonder just what the United States government is still trying to protect when it was revealed last week during a civil lawsuit brought against the saudi government by the families of 911 victims that in a series of filings u. S. Attorney general william barr yes william barr the ad as well as the acting director of National Intelligence Richard Grinnell and other senior officials insisted to a fede