Stay updated with breaking news from Companies profits. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar ....
Without some sellers coming out of the woodwork which is why the dow shed now tepid nasdaq lost 3. 4 twee have to use this moment to regroup and figure out the markets. I think todays action was pure profit taking. But the sellers had a lot of excuses. I any its worth going over them in detail. Its forearmed rail recovery thesis really moderating. It might be right. Its certainly a possibility if you dont get stimulus. Second, the reopening has clearly been stalled by the outbreaks. Its trying to get the mortality rate substantially lower than the original outbreak in new york some of that is because weve gotten better treating covid as we learn more about it, it is novel if you were on a vent lator in new york, you only had a 20 chance of surviving. Youre now at 70 . You have a host of treatments you didnt have before steroids, remdesivir, blood plasma i dont want to doubt it even if more people survive, complications are horrifying nobody wants to spend weeks in the hospital nobody w ....
In the food chain supply . My colleagues ben leveson, carlton english and jack howe. So the worst month in the markets since the great depression, april the best month in the market in 33 years. Can you explain the schizophrenia and explain to viewers why the market and the economy can seem to be going in different directions. This is kind of what the market does. Its forwardlooking. So its looking to deterrence and whats happening next. When the market was falling apart in march, nobody was saying, oh, look how great the data was in february that. s kind of whats happening now. In april we got this bad data, but we knew it was coming. And there was some good news this month. The number of coronavirus cases slowed. We have some states that are reopening, even possible treatment that might work meaning that people get sick, they can go and its not going to be as bad as it might have been. And this is all good news that the market was responding to. Hey, ben, i see plenty of good news, i ....
In the food chain supply . My colleagues ben leveson, carlton english and jack howe. So the worst month in the markets since the great depression, april the best month in the market in 33 years. Can you explain the schizophrenia and explain to viewers why the market and the economy can seem to be going in different directions. This is kind of what the market does. Its forwardlooking. So its looking to deterrence and whats happening next. When the market was falling apart in march, nobody was saying, oh, look how great the data was in february that. s kind of whats happening now. In april we got this bad data, but we knew it was coming. And there was some good news this month. The number of coronavirus cases slowed. We have some states that are reopening, even possible treatment that might work meaning that people get sick, they can go and its not going to be as bad as it might have been. And this is all good news that the market was responding to. Hey, ben, i see plenty of good news, i ....
In the food chain supply . My colleagues ben leveson, carlton english and jack howe. So the worst month in the markets since the great depression, april the best month in the market in 33 years. Can you explain the schizophrenia and explain to viewers why the market and the economy can seem to be going in different directions. This is kind of what the market does. Its forwardlooking. So its looking to deterrence and whats happening next. When the market was falling apart in march, nobody was saying, oh, look how great the data was in february that. s kind of whats happening now. In april we got this bad data, but we knew it was coming. And there was some good news this month. The number of coronavirus cases slowed. We have some states that are reopening, even possible treatment that might work meaning that people get sick, they can go and its not going to be as bad as it might have been. And this is all good news that the market was responding to. Hey, ben, i see plenty of good news, i ....