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So no, we are not at the reversal rate, and we are certainly not at the lower bound rate. If in the future it is necessary for the purpose of dealing with the risks at the time to address that, we will do so. Point, i think ive dealt extensively with these issue limits. All i have to say at the moment is that we will use all excess abilities in the framework of our Asset Purchase Program. There in mind, by the way bear in mind, by the way, to this person on the line, that we are likely to see increased debt issuance on the part of a few countries, if only to deal with the fiscal resources, but they will have to mobilize in order to put in place the Health Care System that will be needed to respond to the spreading of the disease. That is also a factor to have in mind. Let me ask you a question about the timing of your decisions. When did you realize that this situ ....
On the consumer. We will dig into the fallout there as power lunch starts right now. Tyler, thanks. Welcome to power lunch, everyone stocks are selling off hard for the second day in a row. We are near session lows right now with the dow down about 600 points thats a 2. 4 drop for the dow for the s p the nasdaq down 2 today but if you add up yesterday and today, all three of these averages are down about 5 in just those two sessions. Take a look at some of the moves weighing on the dow. You have boeing, United Health, visa down 4 we were just discussing United Health a lot of different challenges there. Lets go to the New York Stock Exchange with a run down on todays selloff. Hi, bob. Kelly, an old saying on bleet if you cant trade on the fundamentals, trade on the technicals s p 500 the last two days this was yes ....
Relationship the eu . What brussels is looking for. Will get some clarity . Markets seeing this overshadowedbeing by that chinese trade statement that is about to come out. Time we arehe first going to hear directly from china. The backstory is this morning thinking we had a deal on china. There was consensus the u. S. And china had agreed on something. We saw markets rally. The president tweeted something that made markets hesitate. If we look, we have a flat s p 500. T is up the other thing that is happening is the house judiciary theittee is voting on articles of impeachment. At onceng all happening in the opening our of the new york session. Back to the earlier story and the brexit delivery pipe Boris Johnson. That has the dollar index through 97. At 189. Ear yield relatively stable. Showing us, which is there is less volatility. In the present moment there is likely to be a lot of jitters. It is lower. Guy what we have seen ov ....
Street really is power lunch starts right now and we do welcome you to power lunch. Im bill griffeth, were going to look at where the markets have been standing today we have been in rally mode for the most part, but as we all know from last weeks epic volatility, things can change very rapidly with any particular headline, but as you see, more than 1 gains for all three of the major averages nasdaqs wiping out last weeks losses at this point the s p, thats still 3 from record highs but you can see that some of the safety sectors have been hitting alltime highs today as bond yields rebound we have Consumer Staples, real estate, and utilities doing very well today that means theyre expecting even lower Interest Rates. I would imagine, melissa bill, thanks. As you mentioned, stocks rebounding bond yields also bouncing bab. Whats behind these moves . Lets get to bob pisani at ....
christina coleman has more on what we are finding out the day after. christina. hi, neil. yeah, paul pelosi suffered a skull fracture and serious injuries to his arms and hands, but fortunately is expected to make a full recovery and underwent successful surgery yesterday to repair the skull fracture. house speaker nancy pelosi arrived at san francisco general hospital to be with her husband last night. and she flew in from washington d.c. after the attack. the suspect 42-year-old david depape broke into the pelosi s san francisco home in the upscale neighborhood. a family member travelling with the house speaker says the suspect was trying to tie him up until the house speaker got home. and shouting what is nancy? where is nancy. she was not home at this time. and san francisco s d.a. says by making a phone call he likely saved his life. officers witnessed the 82-year-old paul pelosi get attacked with a hammer. mr. depape immediately pulled the hammer away from mr. ....