Hour the u. S. Passing a tragic milestone now. 50,000 deaths related to the coronavirus. Meanwhile, all eye ons ts on the of georgia as it tries to reopen well get a live report. Over to you, kelly thanks. First, lets get to bob to wrap up the volatile week we had for stocks and whether it still has legs. It might. The good news is we got the Coronavirus Relief package passed we got a lousy durable goods number just look at what a mix day we got here boeing has been around the dow all day. Its down 15 on the week. That durable goods number was a lot about boeing h home depot, apple, this is all over the place its not a clear direction i think the problemis the rall has stalled out a bit. Have you noticed that . Were down 2 . We have gone nowhere since april 9th. The bears are saying the economy doesnt justify 2800 in the s p 500. Its signaling a bigger slowdown the bulls are insisting the big Balance Sheet companies are doing fine feds on their side theres arguments on both sides. One
Day. Saudi arabia already scaling back production ahead of the may 1 deadline. Lets take a look at how markets are setting up. New zealand is closed for the anzac day public holiday. No trading in kiwi stocks. Seeing optimistic. Japanese future going higher going into the bank of japan decision where bond buying could be on the table. Watching the japanese yen as it passes through rumors and conflicting reports on the health of the north Korean Leader, watching for a risk asset. Side in asiane trading monday, reflecting the pickup in u. S. Trading friday although we are seeing u. S. Futures trending lower in the morning asia session. Saudi arabia has already started curving output ahead of the may 1 starting date for the opecplus output and production curve agreement. Four days of gains when it comes to oil prices. Shery global confirmed cases having an impact on the markets, approaching 3 million according to data elected by bloomberg and Johns Hopkins university. There are signs new
In 2009 when the last crash when it was just 12 trillion 6600000 unemployed last week thats on top of the you know millions of others in the previous weeks 5. 5 plus its 3. 6 plus blah blah blah so now we have 17000000. 00 unemployed thats over 10 percent Unemployment Rate and of course during this chaotic time during that announcement of the new unemployment numbers we saw the fed introduce some new sort of 2. 00 trillion dollars scheme whereby theyre going to buy high yield the bond e. T. F. I jumped at i e well the fracking debt all that fracking debt thats blowing out right we knew that fracking industry was going to go belly up and that it would require a government bailout we said that was a 100 percent guaranteed and we were right you know us thing but Mainstream Media not only are they forced to be broadcasting other basement but only channel 4 in the u. K. Now bankrupt and for us to be on the street and Speakers Corner blabbering about whoever they may gather in these times of
A week is not enough theyre like we want more we want more well you know its possible but you have to make a big noise and let the people know that you want more max and stacey more kaiser reports yeah they said max we are reporting from our headquarters in the coronavirus zone and you know what the National Debt is past 24 trillion dollars and the past week i remember back in this innocent balloon boy started days back in 2009 when the last crash when it was just 12 trillion 6600000 unemployed last week thats on top of the you know millions of others in the previous weeks 5. 5 plus thats 3. 6 plus blah blah blah so now we have 17000000. 00 unemployed thats over 10 percent Unemployment Rate and of course during this chaotic time during the announcement of the new unemployment numbers we saw the fed introduce some new sort of 2. 00 trillion dollars scheme whereby theyre going to buy high yield the bond e. T. F. I junk debt i. E. Well the fracking debt all that fracking debt thats blowin
Coronavirus zone and you know what the National Debt is past 24 trillion dollars and the past week i remember back in those innocent balloon boy started days back in 2009 when the last crash when it was just 12 trillion 6600000 unemployed last week thats on top of the you know millions others in the previous weeks 5. 5 plus its 3. 6 plus blah blah blah so now we have 17000000. 00 unemployed thats over 10 percent Unemployment Rate and of course during this chaotic time during the announcement of the new unemployment numbers we saw the fed introduce some new sort of 2. 00 trillion dollars scheme whereby theyre going to buy high yield the bond e. T. F. I junked at i. E. Well the fracking debt all that fracking debt thats blowing out right we knew that fracking industry was going to go belly up and that it would require a government bailout we said that was a 100 percent guaranteed and we were right you know us thing but Mainstream Media not only are they forced to be broadcasting other ba