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Similar percentage moves for the s p 500 and the nasdaq composite as well. The question becomes after the best week for the dow since 1938 last week, the best week for the s p 500 and nasdaq composite, are we starting to see a market bottom play out . Lets start here with our invest Investment Committee joe, what are we seeing here is this a market bottom we can see developing out in the next couple of days and weeks no one knows the answer to whether this is an absolute market bottom. What is going on is theres a significant trading bounce in the market and a lot of it is predicated on the end of month rebalancing we know will occur into equities. Today, very surprising there seems to be a high degree of optimism relative to the expectation were going to get a significant amount of negative news coming this week in the form of ism in the form of unemployment figures and in the form of continued negativity surrounding riding ....
In singapore those numbers dropped 6 to said to further down in more ways than one australia lost a whopping 7 percent now that this goes on and it only continues downhill why are asian exchanges down so when when were hearing that the chinese are returning to work and the new cases of infection not subsiding. Thats an excellent question ben but it really still is very much attached or linked to the corona virus and theres even talk that the. Recession globally that we can cheer about the positive numbers that are coming out of china and you know that the fact is they still have some 80000 people still inspected to give the all clear whats even more worrying now more than whats happening in china are the numbers that are steady and fast rising spreading rapidly across other countries outside of china now government 2 banks are you know clearly not very prepared even with the stimulus measures that are being rolled out its the 1st time nobody expects a virus to hit the markets and sure ....
In singapore those numbers dropped 6 to said to further down in more ways than one australia lost a whopping 7 percent now that this goes on and it only continues downhill why are asian exchanges down so far when when were hearing that the chinese are returning to work and the new cases of infection are subsiding. Thats an excellent question ben but it really still is very much attached or linked to the coronavirus and theres even talk that it needs a recession globally now we can cheer about the positive numbers that are coming out of china and you know that the fact is they still have some 80000 people still inspected to give the all clear whats even more worrying now more than whats happening in china are the numbers that are steady and fast rising spreading rapidly across other countries outside of china now government banks are you know clearly not very prepared even with the stimulus measures that are being rolled out its the 1st time nobody expects a virus to hit the markets and ....
A shift gardy his rival a dollar a separate sarah body to inaugurate himself. With your sports asian World Cup Qualifiers are postponed and tennis his biggest tournament outside the grand slams indian wells is cooled off of a coronavirus. Hello welcome to the news are the spread and fear of coronavirus is starting to have a global major effect on the economy and on the growing human cost us stocks plummeted in the opening minutes in new york even forcing a temporary halt in trading that followed more big drops in asian and european markets earlier in the day one days market shark was triggered by a plunge of 30 percent in oil prices have to saudi arabia increased production christensen is live for us in new york and kristen. Everybody was worried about the knock on effect that this would have once they saw asian and european markets open and it has had that domino effect in the u. S. On monday. Absolutely stocks across all o ....
In singapore those numbers dropped 6 to said to further down in more ways than one australia lost a whopping 7 percent now that this goes on and it only continues downhill while asian exchanges down so far when when were hearing that the chinese are returning to work and the new cases of infection are subsiding. Thats an excellent question ben but it really still is very much attached or linked to the corona virus and theres even talk that it needs a recession globally that we can cheer about the positive numbers that are coming out of china and you know that the fact is they still have some 80000 people still inspected to give the all clear whats even more worrying now more than whats happening in china are the numbers that are steadily and fast rising spreading rapidly across other countries outside of china now government banks you know clearly not very prepared even with the stimulus measures that are being rolled out its the 1st time nobody expects a virus to hit the markets and s ....