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The yield down below. 6 last time i checked, it was at 0. 597 dr. Fauci saying the first human trial testing for a covid19 vaccine is now on track calling it the ultimate game changer but that public distribution is still 12 to 18 months away. President trump was asked if the stom pile of personal protective equipment was nearly depleted. We are sending it directly to hospitals. We dont want to take it before it gets there. We asked many states to do this. Many states have people or where they make clothing, we said see if you can get it directly from those manufacturers. The president considering halting flights to hot spots in the country, which would be a shift in this batter and also potentially have an impact on when and if the economy will return to some normal si in the meantime, total death numbers have topped 5,100. Confirmed cases have topped 200,000. In new york, topping 81,000 cases. In italy, the lowest daily death toll the new number of active cases declining. The hate he ....
It. That was the volatility, massive ramp in the vicks, everybody worried. Back to thursday in the afternoon there was a guy i was watching, he was on between like 12 00 and 1 00, and he read a letter from 2010, oh, no, its a recent letter. I heard you this morning howard is great bonds there was a moment where someone asked about a Semiconductor Stock and he said thats not what i do. I went back and googled howard marks year 2010. Up comes his may letter. Look, i respect that man and i would never do anything against what he is the king of, but the problem is that when you make that kind of broad statement theres a lot of people who do freak out because hes obviously a really smart guy we freaked out when the guy from ball post says its time to go we freak out when Stan Druckenmiller says it. This is why you sold netflix at 30 this is why people sold facebook at 350 ....
Update. China threatening to smackdown a u. S. Automaker. Is this retaliation for trumps taiwan call . Well ask trump Economic Advisor steve moore how the president elect will respond. Melissa back to the markets. The dow snapping a sevenday record winning streak, ending down 117 points. Were down more than 200 point away from 20,000. Exxon, caterpillar, dupont are among todays biggest drags. Oil plummeting as well. Phil flynn, Price Futures Group has what you need to know from the cme. Ashley webster is on the floor of the new york stock exchange. And, ashley, everyone expected the fed to raise rates so what was it that janet yellen said later you think spooked these markets the most . Thats a good question. Put away the 20k hats for now. I think the fact they recognized that more stimulus to the economy may require more rate hikes. We put two next year. Fed saying th ....
Ahead, those small and midsized stocks there. Liz here is a look at the front page headlines. Commerce department as david mentioned retail sales, they did rise. It was not a contraction. It rose 4 1 2 . But it was weaker than economists expected. There was a bright spot. 04 . Auto sales rose. Chinese executives are accusing executives from blacks grabs bribing, government officials, medical associations and to bolster drug sales in that country. The company is aware of the allegations and it will cooperate with the inquiry. Liz jury select hundred continues in the trial against former goldman. Fabrice tourre. He is formerly known as fabulous fab, about a scheme that ultimately cost investors about a billion dollars when the Housing Market collapsed. David oracle ended the day up more than 2 . Liz investors watching for more possible telecom deals after at t said it was buying leaf wireless for 15 a share this cash. They will take ....