No limit, the ecb unveils a 750 billion euro bond buying plan to sue the markets. Christine lagarde throws the full weight of the central bank behind the single currency. The greenback becomes the haven of choice as u. S. Futures selloff again. Liquidity evaporates in the fx markets on fears of a lockdown in london. Stimulus from every angle, global fiscal support soars to trillions of dollars. I count almost 4 trillion of support. The rba cuts rates. Until the one hour start of cash equity trading in europe, and it looks like the wheels are starting to turn in little more risk on. Futures in europe are higher, they were lower minutes ago. Coming back as we see asian markets closed. S p futures still down 1. 6 , nowhere near the limit they bounced off of earlier. U. S. Futures also showing smaller losses than previously, as all this stimulus comes out. We are hearing talk of one trillion from the u. S. , 800 billion from the ecb. It adds up to about 4 trillion from Central Banks and go
Well debate that today with Investment Committee bob dimond is here with us today. So is jeffrey curry. He will tell us where oil is likely heading next. Lets welcome in the Investment Committee. Joe is here. We said bob dimond is here the former ceo of barclays bob its great to have your insights today into the collective mix. Your money is on another wild ride you tell me. The dow hasnt gone up two days in a row for more than a month we had a thousands point gain which is 145 points. What does it tell you about whats happening i tweeted out last night been consistent i said sell the rally. I think you continue to sell rallies. Until we see the coronavirus cases peaking in the u. S. , i dont believe were going to see the bottom of the market the market may be discounted by a bit. Here is how i look at it in a very basic sense 2019 were about 30 based upon the thought were going to have a return to growth five quarters of Earnings Growth since we didnt get that and theres doubt as to w
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing enterprise as oversight chairman of welfare. Also member of the financial oversight board, deputy and principal commissioner and chief operating officer. The Social Security administration. Executive director of the pension benefit guaranty corporation. Out of government and investment banker. Cofounder, a Risk Management company. And he just was talking about it. Chairman recently of the new art museum and Greenwich Bruce Museum just opened up place he says where art meets so i thought im going
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing enterprise as oversight chairman of welfare. Also member of the financial oversight board, deputy and principal commissioner and chief operating officer. The Social Security administration. Executive director of the pension benefit guaranty corporation. Out of government and investment banker. Cofounder, a Risk Management company. And he just was talking about it. Chairman recently of the new art museum and Greenwich Bruce Museum just opened up place he says where art meets so i thought im going
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing enterprise as oversight chairman of welfare. Also member of the financial oversight board, deputy and principal commissioner and chief operating officer. The Social Security administration. Executive director of the pension benefit guaranty corporation. Out of government and investment banker. Cofounder, a Risk Management company. And he just was talking about it. Chairman recently of the new art museum and Greenwich Bruce Museum just opened up place he says where art meets so i thought im going