Here are your top headlines. Blame game. President trump raised the prospect that china deliberately caused the coronavirus outbreak. This as the u. S. Pauses some tariffs for 90 days but not those on chinese steel or aluminum. Crude collapse. Wti sags to its lowest level in the 21stcentury on concerns that Storage Space is running low. The demand outlook remains gloomy. Signs of easing. Germany begins to reopen its economy as spain, france, and the u. K. Report the fewest coronavirus fatalities in weeks. Just under one hour away from the start of cash trading. Lets take a look at where futures are headed in europe. Futures are higher, whereas u. S. Futures are down. You can see the ftse 100 futures up more than 1 , as are the dax futures. S p, dow jones, and nasdaq futures, red arrows. Further away from the start of trade on wall street. It looks like we will kick off the week in europe higher. That divide between europe and u. S. Futures is interesting. We will watch that as we go th
But before the impeachment announcement the jury judiciary to apartment the one of russian collusion with Trump Campaign youll remember in 2016. One of directly finding bias, Michael Horwitz conclusion was a really damning combination of the tactic used by Law Enforcement agents to start and continue digging for information on district mr. Trump and his team. While just a few hours after the democrats went to the podium to make therefore historic announcement. I had the opportunity to speak at length with attorney general william bar with about a speech meant and reports. We began with impeachment. While the attorney general was now willing to discuss it any length cam he did weigh in on one of the chargers to. I dont believe its the case that we, somebody including a branch of government, is asserting a legal privilege that they have under the law that that constitutes obstruction. Gerry the second article said president tromp had the categorical defiance of pinots and given the const
It a mega fire several australian bushfires are so big Authorities Say they now cannot be contained. 4 people have been killed in pensacola florida after a gunman opened fire on a naval base inside a classroom the gunman is among the dead u. S. Officials say the suspect is a Saudi National who was in the country for training at least 8 others were injured at the Naval Air Station in pensacola florida military Officials Say the suspect was unhappy with commanders and was receiving counseling u. S. President donald trump says hes been contacted by the saudi leader who has condemned the shooting. Thinking he said that the saudi people are greatly angered by the blood work actions of the shooter and that this person in no way shape or form represents the feelings of the saudi people who love the American People. So much so what there was just given to me by the king of saudi arabia and i can tell you its a horrible thing that took place and were getting to the bottom of it all of the inves
Indias police are called heroes after they kill 4 men suspected of gang rape and murder in a case thats nationwide outrage. And theyre calling it the mega fly at several australian bush fires are so widespread Authorities Say they cannot be contained. We begin with a shooting inside a classroom at a u. S. Naval base in florida which has left 4 people dead including the gunman u. S. Officials say the suspect is a Saudi National who was in the u. S. For training at least 8 others were injured at the Naval Air Station in pensacola florida military Officials Say the suspect was unhappy with his commanders and was receiving counseling u. S. President donald trump says hes been contacted by the saudi leader who has condemned the shooting. Thinking he said that the saudi people have made. Angered by the vote american actions and the shooter and that this person in no way shape or form represents the feelings of the so many people who love the American People so much so that was just given to
200day joining the s p and the dow. Well keep an eye on the markets and see what all this means, of course, for the Global Economy rates a big picture with a lot of macro data. On the markets, growth versus value. Growth has outperformed value in the last decade. Is there a case to be made at these levels joining us at post 9, Research Affiliate and founder of the board, rob arnaut. 130 billion is managed globally using its strategies what did the gdp and core print say to you today basically, none of it comes as a surprise. Were in an economy that i think is going to be showing signs of slowing. We have theres no such thing as a recession without a Housing Slowdown theres no such thing as a Housing Slowdown without a recession. Theyre joined at the hip. Right now we have a Housing Market thats severely restrained if you have a home and mortgage at 2. 5 , youre not going to sell unless you have to. If you want to buy and youre going to have to borrow at 7. 5 , youre probably not going