David this is not the first time mr. Krein has not thats had to come out mr. Cryan had to come out and say we are ok. Alix it is not a liquidity issue, it is a confidence issue. That will be a key point. David we have a lot to talk about. A terrific guest to help us. We are going to be speaking live with Stephan Engels. Plans to cut almost 10,000 jobs and suspend dividends. We will be joined by steven ratner. By steve rattner. The place for the record the race for the white house. First, jonathan is here with the market. Jonathan features here in the United States, a little bit with, but the spillover the ftse down by. 9 . It it is concerns of the house of Deutsche Bank continues to grow. Deutsche bank down almost 9 and one point. We are negative for on the session so far. Bloomberg dollar index about. 3 . It is risk off and commodities. W ti and brent soft. What we have seen, safe haven bids. Poor Government Bonds perform well. Yields lower right across the curve in germany. Negative
Assault rifle as previously thought. This afternoon were learning more about how aaron alexis got into the navy yard behind me. Officials now say he had a secret security clernsz that he got while serving in the navy and was still using that same clearance as a contractor. Thats how he got into the yard. Investigators no longer say he used an assault weapon. He had a shotgun he bought last week in virginia and also two handguns he took from an officer. With the chaos and tragedy of yesterdays shooting still fresh, the fbi is focussing on aaron alexis who they called the lone gunman. Weve learned that alexis was a former member of the navy currently working as a contractor on a computer project at the yard. We hope to learn more about how the incident happened. You know, how is this man permitted to have credentials that allowed him to the navy yard grounds in the first place. The nlgted press said the investigators administration had been treating him for Mental Health problems, includ
President of the United States himself rolled out a few weeks ago. But what is happening is the pressure is getting to donald trump. You can see it in the nonsense tweets this morning. So he as his poll numbers decline, he feels the need to rapidly push for a reopening, even though many states are not meeting those guidelines and you still have a significant death toll, significant case numbers. Now, some good things are happening. Testing is increasing. The Positivity Rate is declining. But this hearing today is going to make an impression on the American People in two ways. One, theyre going to hear the words that anthony fauci, the warnings that fauci, robert redfield, stephen hahn of the fda will offer. It is the form of the hearing, it is going to be chaired by lamar alexander, republican from tennessee who is going to be asking questions from self isolation. One of the Staff Members has the coronavirus and the three top scientists, hahn, redfield and fauci, are also going to be t