Major funng for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, d the advancement of International Peace and security. At carnegie. Org. And with the ongoing supportu of these insons and individuals. Rp this program was made possible by the ation for public broadcasting. And by contributions to your pbs station from viewers like you. Ank you. Woodruff at the ite house tonight, President Trump is putting out guidelines for ending pandemic shutdowns. Across the nation, officials have put out new numbers on covid9s toll in lives, and livelihoods more than 32,000 dead, and millions more thrown out of work. Aw amna begins our coverage. Nawaz as the covid19 pandemic ravag the economy, other 5. 2 million
This takes effect at midnight tonight. And minister blair will give more details today. Canada and the United States are announcing a reciprocal arrangement, where we will now be returning irregular migrants who attempt to cross anywhere at the canada u. S. Border. French]g this week, many businesses put their hands up and asked us what they can do. A neway were announcing strategy that will make it easier for companies to help out during this critical time. We are launching canadas plan to mobilize industry to fight covid19 to ensure that we can quickly produce here in canada the things we need. This initiative will help companies that are already making things like masks, ventilators, and hand sanitizers to massively scale up production. It will also provide support to those who want to retool their manufacturing facilities to contribute to this fight. For example, the other Parts Manufacturers association reached out to us, asking how they could help. Our Health Care Professionals r
South korea, president moon calling the current Economic Situation as an emergency. The rhetoric is not positive even as what we see the beginning of a stabilization for some of these virus cases coming out of china. Certainly, the attention is on what regional economies are going to be able to do to support Economic Growth. Lets take a look at what we are seeing on the markets. A milestone for Chinese Markets in recruiting some of those losses since the Lunar New Year break, but we have seen very little positive price action since then. Absolutely. A little bit of a tempering of the positive tone we had seen. After we made up the post Lunar New Year losses, it is notable that you look at stocks on the mainland and they are trading lower, but off by just 0. 1 , so trying to hold in, trying to higherd continue to move with the cautiously optimistic town. Off slightly to the downside. Where we do see losses leading the way, that is in hong kong and japan. Both the hang seng and the andei
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
Boosts guidance shares higher. Disney, cbs and fox slapped with downgrades at wells fargo and sprint ditches contracts. Youll hear what the ceo had to say about that. Walmart did miss the q 2 results. The retail giant also lowering the fullyear guidance. Home depot raising their full year outlook. Revenues beat consensus with total comps up 4. 2. A year ago up 6. 4. People said today its hard for walmart to argue the consumer is weak when depot is killing it. Home depot is remarkable. They dont put up new stores. The technology, salesforce. Com, the merchandising, the staff, the energy, the low cost, the fast in and out, contractors coming back, the amount of money being spent on a call. The Conference Call will explain the areas theyre doing better. This is a juggernaut. Home depot is probably the best right now in terms of this kind of big box. Walmart. Its not the worse we have. You went down there. I thought the moment was selfafacing about what they have to do. I watched that inte