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Whole move, just fueled by Wishful Thinking are we whistling past the graveyard here after a strong day dow gained 133 points, up more in the beginning. Nasdaq climbed 1. 3 . I think those are the wrong explanations its not Wishful Thinking. Its that i keep telling you that we have two markets, right. I told you why the s p doesnt work any more. We have two markets. We have all that stuff that went down and im going to go over that and then, of course, whats in the nasdaq in science and technology thats whats responsible for the phenomenal move. The nasdaq is barely down for the year yeah, and the bad market, the industrials, travel leisure stocks everything gets dinged even on a big up day like this one. Right now there is genuine excitement on wall street that we could maybe be returning to something close to normalcy. We know its ridiculously high people didnt get thei ....
Very good morning to you hope youre well thanks for joining us here on r. T. U. S. President donald trump said the countrys economy may be heading into recession the u. S. Stock market suffered its worst trading day since 1987 the share prices tumbling by 13 percent on monday amid fears over the coronavirus. Is the u. S. Economy heading into a recession will it maybe think in terms of recession with thinking in terms of the virus once we step i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and if once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge while the only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that ....
Frank. Good morning and welcome the international. U. S. President donald trump said the countrys economy may be heading into a recession since the u. S. Stock market suffered its worst trading day since 1987 the share price is tumbling by 13 percent on monday amid face over the coronavirus. Is the u. S. Economy heading into a recession well it may be thinking in terms of recession since the virus once we step i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and it once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous search will be pandemic is causing turmoil in Financial Markets willed wide despite drastic action from Central Banks to limit the damage my colleagues kevin owen and run as the have discussed whats driving this selloff. I suppose it was to be expect ....
Quarantine. Not beat. People leave our. Bus to critics accuse the u. K. Government of pursuing a high Risk Strategy for battling covert 19 at the moment anyway despite assurances the disease wont be allowed to sweep through the population to create herd immunity we asked people in london what they thought about that idea but when you say we put out for us to say were going to put up people to get the hardest jobs we make. By their well kevin oh and here they are to International World to center with your 30 minute live update this hour thank you for your company 1st as the fallout for the corona virus continues to sink in so many elements coming in it seems tonight that contingency plans are not stopping the Financial Markets from plunging Worldwide Americas< ....