The volatility continues to come down. 40 whenearly breaking it comes to the vstoxx. Monitor what is happening around the world. We are headed toward the european close. It looks more positive than it did earlier under the big story continues to be the efforts being made by governments to reopen markets, the effort being made by governments around the world to support Small Businesses and the everett for central bank to support the credit market. Lets get more insight into the bond and credit space. The fed and other Central Banks continue to make significant efforts. The fed is buying commercial paper today. Nice to have you on the show. We are in a situation where Central Banks are buying aggressively. Spacere buying in the bbb and the highyield space. What you make of price discovery right now . How realistic are these markets . Its a good question. You have had a huge bid to the market in the investment credit space and that has extended down the capital structure into highyield bo
Of all of us in this difficult hour pandemic has encouraged senator Bernie Sanders to drop out of the democratic president ial race. British Prime Minister Boris Johnson remains in intensive care with corona virus but the government says his condition is improving. And u. N. Experts point the finger at syrias government for carrying out chemical weapon attacks on civilians. So then the head of the World Health Organization has defended the agencys handling of the coronavirus pandemic this follows President Donald Trump accusing the w. H. O. Of being chinas centric and threatening to cut funding the organizations chief says now is not the time for such threats. The focus of all Political Parties should be to save the people to please dont politicize this mindless it exploits the differences you have at the national level. If you want to be exploited and if you want to have many more. Body bags then you do it if you dont want many more body bags then you the frame from politicizing it my
We have a crew working on this story right now and well have more information as it becomes available, and arert abs state and local officials are ramping up efforts to support frontline efforts. San Francisco Mayor london breed today is making 24 7 Mental Health Services Available to City Employees and First Responders. Governor newsom is vowing to spend one billion to purchase up to 200 Million Masks a month. In Santa Clara County, Health Officials have ordered businesses to report if they have stockpiles of more than 5,000 gloves and 500 masks. Today the president said the government is inking deals with Companies Like philips to ramp up ventilator production. This will help ensure our company can produce enough ventilators in our country. That we can do it by ourselves. We expect to be sending quite a few to other countries. Now to the east bay, where Law Enforcement officers are out in force trying to make sure that everybody is following the rule g le wi t story. Eric . And larry
What a remarkable week this has been for not only the state of california but for hundreds of millions of people across the u. S. Estimated 80 million americans are living under some form of home isolation, stayaway orders against essential versus nonessential settings throughout the u. S. This has been a very challenging time and it is times like this when we are filled with anxiety, a tremendous amount of uncertainty and it is understandable. People have a mindset of scarcity and you see that manifested in some of the purchasing decisions people are making. Are overindulged in getting more toilet paper or bread then they may need and the like. At the same time it is a remarkable moment to be candid with you. I cannot express more gratitude at the same time we are struggling through this moment. That is the incredible mindset that also persists not only here in california but across this country. Of our belief that we can get through this but in our capacity to meet this moment togeth