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FBC Varney Company July 13, 2024

We will see you soon. Thanks, maria. Maria mark cuban joining us. That does it for us. Varney company is in session. Ashley webster is at the wheel. Ashley, take it away. Ashley thank you very much, good morning. Good morning, everyone. The phrase of the day seems to be light at the end of the tunnel and guess what, the market likes it. We are looking at another big rally at the open today, following that 1600 point surge to begin the week yesterday. Optimism that the coronavirus pandemic is stabilizing is fueling the market right now. Italy and spain appear to have flattened, even bended their respective curves. And new York Governor Andrew Cuomo says the numbers show new york, the epicenter of the virus here in america, could be at the apex. Also helping the market, a fourth stimulus, now being discussed between the white house and top lawmakers in congress. 1. 5 trillion in tax cuts and spending. As for the last sti ....

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FBC Varney Company July 13, 2024

Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distancing rules in place across the country, and that was the result. Down 29 . The other big story of the day, the w. H. O. Is under fire from President Trump. The president saying he may freeze funding to the organization over its response to the pandemic. This is happening as we get more clarity on what may be in a fourth stimulus package. President trump wants 250 billion more for Small Busi ....

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LINKTV Newsline July 13, 2024

Further cooperation to minimize persontoperson contact, and we will reinforce the medical system during that period. Abe says the measure will cover kanagawa, sitate ma, chib, fukushima yoko, osaka and the capital, but they will not impose a lockdown as some governments have. Abe says he will try to maintain economic and social activities as much as possible. Public transportation and supermarkets will remain open. He says the plan will be finalilized after consulting wi the Governments Panel of experts on tuesday. The preparations come as the number of infections surges in major cities. In a growing number of those cases, Health Officials are unable to trace the root of transmission. The government says the medical system could collapse in areas that see a large number of cases. Across japan, there are now 4,000 confirmed infections, excluding 712 from the diamond princ ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession since the 1930s. India is set to extend its current 21 date lockdown to the end of the months to allow more time to evaluate the spread of the infection. The Prime Minister said the government has adequate supplies of medicine and protective gear for frontline workers, adding that the next four weeks will be critical. The virus ....

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RT Boom Bust July 13, 2024

Full picture with a packed show today so lets dive right in. And we leave the program here in the United States as President Donald Trump addressed the social distancing measures taken within the country to limit the spread of the crowed a virus during his Daily Briefing wednesday the u. S. President pushed back against the idea of a nationwide locked out leaving it up to states to make the decision. There are some states that are different so there are some states that dont have. Much of a problem there is so low they dont have the problem they dont have thousands of people that are positive with thousands of people that even think they might have it for hundreds of people in some cases so you have to know that you have to look at it you have to give a little bit of flexibility but of the state. In the midwest al ....

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