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Coronavirus fearing weighs on the market, surpassing 100,000 worldwide. We are expecting a briefing from Vice President mike pence a bit hear this evening. Though that survey was conducted in the middle of february before the outbreak took hold in the u. S. In just a few moments well talk about russ cost rich he says the u. S. Consumer remains strong and where he is putting to work now. Dan, what are you doing . Not a whole heck of a lot week on week, there was a bit of optimism. As investors star thinking about how to allocate towards equities visibility will be the big point. I think i dont think were going to get that anytime soon right now. That was the low for this move you had a strong reversal off of that we set ourselves up for a powerful rally, but most of that snsht has dissipated, so some say you will have to retest the low, and were doing it right now on a relatively tenuous way, so i still think, given the stress in c ....
Save the planet obviously we all say it is necessary to save the planet but you dont see the idea about what we must. Look to really change something or about its impact because you are talking about people that must believe what talk about jobs can come up in court news were talking about reasonable in doing so i prefer the scientists ill be back in just under 20 minutes with another look at your news stay with us is art international. The corona virus is a Global Health danger that is yet to be contained this virus is also raise questions about the integrity of supply chains open borders and the weaknesses of globalization and dangerously this virus is being used as a political weapon. And markets rally back in a very big way almost 1200 points to the bill but one business show you cant afford to miss ive been sworn in and im christiane washington coming up next a lot of importantly my tending than the flu but where are those num ....
Dubai drops nearly 5 and egypt slipped 6 . Today in an unprecedented third election in less than a year. The political deadlock finally broken . 8 00 a. M. Across the emirates. This is bloomberg daybreak middle east. Im manus cranny in dubai. There is one word reverberating from the fed to the bank of japan. The word is appropriate. Appropriate actions to support the markets. The bank of japan will make sure ample liquidity, appropriate action and so the s p smell the sweet wisp of the put option around the world. The bank of japan injects liquidity, Goldman Sachs says there will be three rate cuts. Has anything structurally or fundamentally changed in terms of risk of a Global Pandemic . Probably not. Lets talk to Juliette Saly in singapore. Chinese stocks are starting to roll back to life. Are we putting in a bottom . M ....
Begin with the latest on the corona virus as the World Health Organization says that the virus does have a higher death rate than the flu but is more difficult to transmit. While many people globally build immunity to seasonal flu strains ninetys a new virus to which no one. And that means more people out of susceptible to infection and. C. V. S. Diseases globally about 3. 4 percent of reported 19 cases have died. By computers and seasonal flu. That any queues trying to fewer than one percent of those infected. The so the mortality rate for covert 19 the disease caused by the corona virus is 3. 4 percent and that number is making headlines but what most media is not going to tell you is that that number is also pretty crude and poorly calculated number one its based primarily on the outbreak in china where the majority of the cases have been detected specifically and move on which has a higher death rate than anywhere e ....
After the storm, global stocks stabilized after the worst selloff since the financial crisis. U. S. Equity futures rise. President trump says he will seek substantial relief for industries. Italy, though, in lockdown. A ban on travel and Assembly Goes nationwide. The who says the threat of a pandemic is very real. Crude gets back some of its losses after the biggest drop in three decades inspires decades. , after theaudi oil kingdom cut prices. Getting in there, looking at the cheap stuff. Do you see there anywhere else in the market . What does the gmm look like . Anna getting in and looking for the cheap stuff, emerging markets, rebounding rescan assets risk assets. Msci asian markets. In fx markets, the big move is around again. Gainrday, we saw the yen coming yesterday, we saw yen selling. The moves into havens yesterday a little overdone. Im seeing some kind of stabilization. How long will that last . We see yields going up a ....