Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis
Us year go ahead with your story. Can board of voted to dismantle its Police Department tonight, a long way for the group who initiated this resolution. Wednesday night a celebration moments after the Oakland Unified School District Voted to eliminate its Police Department this has been a i or humanity. A fight to value black and brown students just a black is when black organizing project the organization has been calling to remove police from oakland schools for the last decade, this is very historic for members and for the people of oat bran. And we are really hoping that we can set a or what. Remove Police Free Schools looks like throughout the country wednesday night board of educators approved the george floyd resolution calling to eliminate the districts Police Department in the wake of George Floyds death districts are looking to join the Police Free Schools Movement District proposed a resolution earlier this month. The resolution calls for redirecting money spent on police in
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Did suffer a setback thats after 2 players from 2nd Division Team dynamic dresden tests positive for covert 19th. A moment is a welcome to the show after weeks of clothes shops and social distancing some here in germany have had enough protesters took to the streets in several cities on saturday to vent their anger at coronavirus restrictions demonstration as the demonstrations brought out thousands and remained largely peaceful but authorities are worried about the growing influence of right wing extremists in the now weekly protests. This is an unfamiliar scenes for a country where large gatherings and close contacts have banned thousands defied distancing rosenstock got to protest the coronavirus restrictions families with children young and old. Its been you know that im here because i think the restrictions have gone too far. More and i dont think wearing a face mask is necessary and in order to take advice i know its clearly about limiting Civil Liberties and im always in favor o
How many does it take to stop a raging bull a bull that produced the best month for the stock market in 33 years . I think we might have found out today. Looks like 30 million. Yep, just as we learned that we had the best rally since january of 1987, an admittedly inauspicious year, 1. 2 is the slowest pace this month. We also got incredibly bad news. Jobless claims bring it to 30 million over the past six weeks. No wonder the dow tumbled 288 points, nasdaq shed. 28 today this was an explosive situation. The market was overbought. We have again another Great Depression with the unemployment number that is not confidence inspiring for me i dont know about you when we saw a great labor market before the pandemic, id still be concerned after the run from the bottom stocks had gotten too hot. Were now at plus 7. 2 , the s p range oscillator, the one i swear by it fell to bottom 20 anything above plus 5 is overbought 7. 2 reading makes me concerned which is why weve been selling, selling, s