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Retail certificate going to zero not every biotech will keep growing every day. Thats the way it feels on a gay when oil imploded. The stock market got slammed because of it. Dow losing 592 points. S p sinking 1. 79 , why, of course its got a lot of tech and biotech. I dont blame a soul for being confused here. Buy, buy, buy a. Sell, sell, sell. The situation is, confusing were in Uncharted Waters now. It doesnt lend itself to easy explanation. We have to take them one at a time because some of these are so extreme they almost feel like science fiction. Like the price of oil falling to negative 37 and change today. Yeah, thats right you heard me, negative 37, minus sign lets start with oil as that meltdown was terrifying to watch. At dawn crude was a buck and a half, little below 20, seemed okay by the time the stock market opened it was down to 11, negative whoever owned the oil last had to pay someone else to take it off their ....
Since may, cross currents have reemerged it was almost a year ago today, july 18th, 2018, that the president first levied his criticism against the chair in an interview on cnbc im not thrilled because, you know, we go up and every time you go up, they want to raise rates again. I dont really i am not happy about it but at the same time, im letting them do what they feel is best. But i dont like all of this work that goes into doing what were doing. Since then, dozens of tweets and quotes going back to the fall obviously things like are you listening, fed, they dont have a clue, we would be thousands of points higher on the dow like a stubborn child blew it is this going to be enough i do, i thought the statement was written by larry kudlow had i first read it. It was written by fed chairman powell the key thing is he does blame the tariffs because he says domestic is good he lays it on trade tensions, which is therefore saying listen president trump, the fault isnt in trump, it is the ....
Yields rising on both sides of the atlantic and its duration. We are seeing big moves in the 30 year. It is certainly having an effect in terms of sentiment. The bond market is driving the narrative. It continues today. Moments ago i had infineon on in here and i switched it out for credit agricole. They are getting close to a bid. Interesting to see whether that deal goes through. The pound, lets talk about that. A little bit softer. There is so much to discuss around the bank of england. We will do that in just a moment. Talk about rates being restrictive. How much further could we see the bank of england going . There are lots of questions that need to be asked and answered. Kailey we will get to those in just a second but i want to touch on the u. S. Markets because we are coming off of the worst day for the s p 500 since april and we are seeing losses continued though they are smaller. The s p down. 4 . The nasdaq. 2 . Apple and amazon reporting after the bell. A lot of the moveme ....
To help Homeless People living on the streets. Good morning. Welcome to bbc Newsroom Live. A father who refused to pay a fine after taking his daughter out of school for an unauthorised holiday has lost his case at the Supreme Court. Jon platt, whos from the isle of wight, had argued that all the law required of him was to ensure that his child attended school regularly. The high court had originally ruled that the holiday did not constitute regular absenteeism but this morning the Supreme Court has overturned thatjudgement. This is how lady hale announced the ruling. Unauthorised absences have a disruptive effect. Not only on the education of the individual child, but also on the work of other pupils and of their teachers. If one pupil can be taken out whenever it su ....