She hated politics, hated it with a passion. She did not move in to the white house with pierce. This couch is one piece that they took to the white house. They had eight rooms that they had to furnish with their personal furniture. When she did arrive, she basically holed up and spent much of her time writing letters to her dead son. In her great grief, she calls him, my precious child, i must write to you, although you are never to see it or know it. A very poignant letter written by a grieving mother. They were on a train from boston to concord and there was a terrible accident. The train ride was very devastating for the family. An axle rod broke on the train and benny did not survive the crash. She concluded that this was gods judgment, that the loss of her son was gods punishment. The house was too much for jane to take care of. I dont think she was interested in housekeeping particularly. She just wasnt capable of taking care of a house. Most would regard that pierce himself as
2. 95 . There were talks yesterday about another policy easing soon. There we have it today. The china 10 year bond futures rising on the back of that. The taiex currently down by 2 10 of 1 . T mnc will build the new mac chip. Apple is working on its own mac processes. It will be faster than the processors in the iphone as well as the ipad. The benchmark in new zealand currently bucking the trend, up a marginal 1 10 of 1 . Rishaad absolutely. Getting more details on that. The pboc acting in order to show sufficient liquidity in the system. Injecting merely a billion dollars worth of you want into the banking system. Weve got that declining or cut by 20 basis points. 3. 15 . Direction from our chief asian market strategist. Money intoue to pump the system, the financial system. Does it end up in the right places . This is targeted, hence the name. As the we. Look at chinas policy execution in the past six months. Lot that emphasized a these liquidities need to go to the real economy, to
And by contribution to this pbs statom viewers li you. Thank you. Rick we are covering all of the latest coronavirus developments in britain and globally. World leaders pledge 8 billion to help develop a coronavirus vaccine. President of the Eu Commission calls the start of global cooperation. May 4, 2020, will a mark turning point in our fight against the coronaviru millions will be asked to track their movements as part of new Contact Tracing app. The government wa rs tol it out later this month. Italians have gone back to work since the country imposed a locked down months ago. The economic and social impact is yet to be measured. Scientists have discoverea micro that prostatic that protec mosquitoes from being fected with malaria. Uropean commission has launched a Global Campaign to find a cure for the coronavirus. Research must be supported by Global Corporations if the efforts are to succeed. The eu secured a billion dollars in pledges, contributed by World Leaders to accelerate
We were effectively at the lower bound already, so that is coming in at 25 basis points. The Canadian Dollar was already weaker before this. It is weaker now by 1. 5 versus the u. S. Dollar. Lets take a look at where we stand markets wise. We knew after the retail sales data we would like to down, and we are. Awn 2. 4 for the s p 500, and move for the 10 year yield is well back down to 66 basis points. Crude oil has recovered ever so slightly. We were at the 19 handle for most of the morning. 42. Vix is back up to what is happening in europe, guy . Btp spread is widening out. It seems every nation for themselves. It seems there will be no mutualization of debt. Every sector is a negative territory right now. The banks and the oil stocks are the worst performers. You got a pound on offer, the dollar generally bid today. The market is looking for a little bit of safety today. Vonnie arent we all . Lets get you our first guest. We are delighted to be joined by joseph stiglitz, Columbia Un
Could break 113 straight months of gains. Oil leads on both sides of the atlantic after President Trump says he has a key to resolving the standoff between saudi arabia and russia. Taylor i want to check on how the markets closed thursday. Todayseeing gains on trading session, reversing some of the losses we had previously. There is optimism. You had horrible initial jobless claims, 6 million which is double last weeks 3 million. Million the total to 10. The market is getting some certainty where they can start to quantify the magnitude and speed of the damage. The markets hate uncertainty. At least this data is starting to give us an indication of the economy. The market is using that as a point to rally off of. Within the futures market some of that is turning around. Futures markets have opened up in the last few minutes. We are talking a lot about oil in the introduction. We had an incredible tweet from the president which put oil up 22 and then today we opened up, erasing some of