Moving averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the china u. S. Trade war has now spread historically equity returns are the worst when the eye is on manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or had to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Quarterly Earnings in 3 years the latest data lifted the feds bond rates futures sharply with the november contract now pricing in an 80 percent chance that the fed will cut interest on a 30th in monetary terms it looks like we are at a race to the bottom of the e. C. B. How reintroduce. Q. E. At 20000000000. 00
A laggard in this entire rate cycle their funding stresses in the repo market that are not going away and now we have just witnessed vision literally detonating overnight destroying confidence in all similar v. C. Ventures and capital and liquidity are now scarce and getting scarcer we are now in the quad Witching Hour with the nasdaq below the 100 Day Moving Average the dow below the 100 day the s. And p. Blue below the 100 day and finally the russell 2000 below the 200. There is news on a relatively neglected front of the troubled ministrations global trade conflict with both allies and declared adversaries today the u. S. Has won a round in the World Trade Organizations arbitration system in the latest up or so to the long running case over european subsidies and analogous u. S. Support for the boeing company in their latest ruling on the 15 year old case the panel of 3 corporate lawyers deciding the case found that a. Subsidized loans for airbus caused harm to us competitors valued
All that and me on tonights s newshour. Major funding for the pbs newshour has been providedy babbel. A Language Program that teaches reallife nversations in a new language. T babbels to 15 minute lessons are available as an app, or online. More information on babbel. Com. Consumer cellular. Financial Services Firm raymond james. Entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention, in thpiu. S. And deve countries. On the web at lemelson. Org. Supported by the john d. And foundation. Macarthur committed to building a more just, verdant and peaceful world. Ndmore information at macfrg and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewek like you. Thu. Woodruff the federaleserve cut a key shortterm Interest Rate today, after raising it as recently as dec
Dreamer shares her experience and fears over what might happe in the future. Its important to show that we are each a percent of the population. Creating opportunities for latinos on the big screen. A sa jose native is representing her community as we mark the first day of hispanic heritage month. I am very much looking forward to sharing that story and marking a month long celebration. Good morning, im Gianna Franco. Im Nicole Zaloumis. You hav been working so hard on the story and it looks fantastic. Im reed cowan by the way is the fact that were going to be talk tamales this morning. Mai. What an intersection there. Heres darren peck joining us now. Hes in ai world all the time. Good morning my friend. Good morning, were going t show a letting more off of that actually coming up in the next hour where were going to getdetailed on the virtual set. A live look from the top of the Mark Hopkins Hotel and its a marine layer gray start to the day. Everybody is waking up to the gray skies
You to weigh in. And later, hang it up . Tom brady fivetime super bowl champion now his wife says its time to retire. So should he quit at the top off his game . Good day at 9a starts now. Yup its time for to us getg to work giving you all the newse and information you need today. Good day dc. 9 01 on this wednesday february 8th im maureen umeh along hollyth im morris, Steve Chenevey and the wisdom martin. N President Trump and is not it missing life president barack obama not missing live in themii white house. Ve in wh what he was finally able to do d that hes not commander inn chief. Joe biden with a newie job as wl former vp choosing a different e path in his post white house career. Career first, though, we have got tt talk about weather. Eather big changes are on the way. Yesterday topped 70 degrees. S today were still in tomorrow it will snow, folks. Fs how much could fall . When willl it get started and which partscs of the region will get hurt worse . I didnt know if i wantw D