Spread. The u. S. President s travel ban on 26. 00 european nations comes into effect hours after he declared a National Emergency. China says the worst of the Virus Outbreak is over as the number of fatalities dips and life starts to return to something approaching normal. On a virus that wipes out most of the world that may just Sports Events the English Premier League the Boston Marathon a formula one all off try in the global sport calendar into chaos. The coronavirus pandemic is forcing countries around the world to take extreme measures affecting all aspects of life for billions of people in iran theres been a spike in new deaths with 97 reported in one day that brings the total death toll there to 611. 00. There are more than 12700. 00 infections colombia is shutting its land border with venezuela its a crossing used by thousands of venezuelans every day looking for food and medicine during the devastating economic crisis there in the u. S. A travel restriction affecting 26. 00
During the Virus Outbreak and thats good news for that its. We begin this hour in spain where Prime Minister Pedro Sanchez is expected to announce a strict lock down on all of its 46000000. 00 residents from monday and an effort to contain the spread of the corona virus strain is the 2nd hardest hit country in europe off to italy with more than 5700 cases reported on saturday thats an increase of 1500 infections in just 24 hours people there wont be able to leave the house except to buy groceries go to the pharmacy or go to work on friday the World Health Organization said year it was now the epicenter of the pandemic. See as the situation is complicated i would like to go to germany to be with my parents and feel more safe because here i dont feel safe i hope they let me out. We had to close the restaurant and remain shut for 15 days but this is nothing it is just so more people dont get infected and we can recover from this we have to stay motivated be proactive and stay calm. Gago j
Connect during a Virus Outbreak that could be good news for profits. Global supporters facing unprecedented of people with the most major events now councils all of the leading european competitions have been suspended. Allow a very warm welcome to the news our top story spain has become now the 2nd country to order its entire population under lockdown to stop the rapid spread of the corona virus 46000000 people are subject to the new decree which orders everyone to stay at home unless they need to buy food or medicine or go to work 193 are reported dead that with some 2000 cases in just the last day another 97. 00 people have died in iran taking the death toll there to 611. 00 with nearly 13000. 00 confirmed cases a growing list of countries are also closing their borders that includes colombia its just shocked. Border with venezuela and that makes it harder for people crossing for supplies they cant get at home and then nepal has announced that its a spending climate and its a Mount
In europe, also watching what has been happening there, you will also see just like yesterday europe is down across the board. The biggest declines coming from france and london. The cac off 1. 6 among the big market themes, momentum stocks outperform, some momentum factor er, etf up on pace for the best ever launch since 2016 we are going to have a technical analysts on. I was distracted i asked the analyst whether it works like this with the outliar. They insist, no matter what, they did bounce off the level. The ones they mention. It hit exactly and bounced off it we have bleakly here lets say this, we manage 6 billion of assets. We want that to go up. It is risk management. We need p emto worry. We have a lot of them around today. Including me burgon county, the first presumptive case of coronavirus. Energy is in a bare market off from its high in april industrials also in correction territory. Gold on pace for its best performance. Looking at prices this morning, youll see they ar
The dow gaining 188 points, nasdaq surging 2. 3 . This is an important snap back because it gives us a glimpse into the future. Lets start with the set up. If you listen to the wise men of the hedge fund energy, theyre telling you believers will be crushed. They loved the market a month ago. Many of their fears are legitimate they have trillions of dollars in debt. The Oil Companies alone owe hundreds of billions of dollars. They cant pay it back in crude. Airline is toast supply chain could cost 60 billion. The hedge funds i listen to, well, theyre warning of 25 unemployment thanks to the government mandated lockdown. Thats not a great recession, thats Great Depression with a c. You cant have a Restaurant Industry if youre an allowed to go to restaurants. Hotels sold to you malls, malls are bowling alleys. Actual bowling alleys, baby boomer storage lockers arcane dollar trades, ooh, really scary, devastating. And as Small Business finished time to break out the apple stands and the sa