Who isnt . Who needs a miracle . Thats what it comes down to in the age of the coronavirus including today where the dow rebounded 1,167 points the s p surged 4. 9 . And the nasdaq pulled up 4. 95 based on the hope that federal government stimulus could offset the sudden slowdown were getting in the economy and beat the demand shock caused by the coronavirus. So how do you pick among the rubble now that were bouncing too you think the stimulus may be too little, too late . Which is the judgment i have heard all day. Some people are skeptical. First for all intents and purposes, the market is not working. Thats all you can say well, how about that these violent swings, what are they a sign of they are a sign of sickness. Its unhealthy they tell us people are scared and theyre far too few players, too many investors, too many guys with machine guns for stocks to be able to handle the impact of that fear. It doesnt help the tail wagging the dog. The market just cant handle all this algori
Well, i was all alone until you guys showed up were going to start off with the markets. Volatility heating up. Weve seen a big rebound in stocks this morning, though the yield curve is sending its strongest signal yet to the markets of recession inverlt verting to the worst levels since 2007 here is ubs Global Wealth management head of trading strategies ian, the move in bond yields, at this point whats driving it because some of the fundamental data later, Consumer Confidence yesterday has been a little better and yet we continue to see these new lows on treasury yields. Frankly there seems to be a race to zero in the global sovereign debt market, whether its driven by the fed or the ecb or whats going on in japan. The fact of the matter is u. S. Treasuries yielding even now north of 2 end up being a huge buying opportunity, and thats what we saw in the long bond, and thats why theres been this consistent bid for ten and 30year yields at this range. And thats why the president is so
joe weekend! there was a lot to talk abou this way let s get right to some of the top stories. we re gonna begin with th new york times reported that the manhattan district attorney s office has signaled two attorneys for former president trump. he could face criminal charges the paper sites for people wit knowledge of the matter. it all stems from th investigation by manhattan da, alvin bragg s office and trump s role of the hush money to adult film actress, storm daniels ahead of the 201 election prosecutors now offered th former president the chance to testify next week before the grand jury, that has bee hearing evidence and the potential case the times reports it would b unusual for a da to notify a potential defendant withou ultimately seeking charges against them, but trump is likely to declined that offe according to the paper, former presidents lawyers also coul meet privately with prosecutor in an attempt to fend of criminal charges two of trump s defense attorney
points and said he does no think it is what americans want the manhattan district attorney s office whic investigated trump s role in lunch money payments made to stormy daniels back in 201 declined to comment yesterda on trump s claims, or his cros through protest. nbc news, late last night, obtained his email sent by the da, alvin bragg, in which sh assured his staff that their safety is his top priority in part it reads, we do no tolerate attempts to intimidat our office or threaten the rul of law in new york there has been no official wor yet whether or not bright take to take the unprecedented move of indicting former president. the grand jury in this case ha not finished their work. the group is expected to reconvene tomorrow joining me now from palm beach florida. capitol correspondent, garrett hague. hague, great to see you again. you are near mar-a-lago. give us the insight into trump world. how are lawmakers reacting t trump s claim here well, other than the trut
what is going on and what ca be done to stop this then the presidential campaign losing steam before it has officially started ron desantis already feeling the heat in his own backyard and it is one of the few issue the majority of americans agre on what will it take for federa marijuana legislation? we are breaking it all down on of course, for 20, as the 11th hour gets underway on this thursday night good evening once again i stephanie ruhle. it s a question we ask on this program every time that we report on the latest outbrea of gun violence. when are we going to d something to solve for thi uniquely american problem. that question has become eve more urgent over the last week one where we have seen a alarming series of shootings involving people who mad simple mistakes, just doin stuff we do every single day but they were met with bullets the latest in north carolina late yesterday a man allegedly fired at his neighbors after a basketball rolled into his yard six-year-o