Cooperman taking on trump over the Federal Reserve in times of crisis Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu. Announcer to Brian Sullivan. With me the entire hour, peter bookfar wiright now stock futur indicate what could be a nice open to the upside, about 175 points within the last hour we were up 400 to 500 points implied. Well see if that moves. The Dow Jones Futures have been going from losses all the way to gains. At one point we had a range of 1100 its been a volatile, possibly preshadowing the market. Tenyear government yields we gone down to 1. 0 3 year, setting the record twoyear treasury notes, 1. 2 . The session low for americanbased crude is 43. You can see 45. 53 the last trade there. We have seen a bit of a downside move in the last hour or two lets watch whats happening a rebound in under way, in asia and europe as well as investors hope for action from global Central Banks around the coronavirus. Matt taylor is in singa
How a fourth grader is Inspiring Change with a Colorful Campaign making classrooms across the country feel more inclusive. Its monday, march 2nd, 2020. Here is todays eye opener, your world in 90 seconds. Given that it is so fast moving, how Many Americans do you expect to come down with this virus . We cannot make predictions as to how many cases we will have, but we will have more. Another death linked to kv in to coronavirus in the u. S. Donald trump said this is a democratic hoax. What in gods name is he talking about . The hoax is on them. Im not talking about what is happening here, talking about what theyre doing. Buttigieg making the announcement from south bend, indiana. I urge everyone who supported me to continue in the cause of ensuring that we bring change. Potential problem with americas peace deal with the taliban. Afghanistan president is refusing to release thousands of taliban prisoner. No one is under the illusion this will be straightforward. South korea says north
House considering Financial Relief for workers and businesses impacted by the virus. This is what the president said yesterday. We are going to be asking tomorrow, were seeing the senate, well be meeting with house republicans, mitch mcconnell, everybody, and discussing a possible payroll tax cut or relief, substantial relief. Very substantial relief. Thats a big number. Were going to be talking about hourly wage earners getting help, so that they can be in a position where theyre not going to miss a paycheck all right jim, we have a presser at 5 30, but right now dont expect specific proposals i think theyre mulling over some things. Theyll give direct support to workers, which is fabulous a lot of workers live hand to mouth. Theyre coming to work even though she shouldnt because theyre sick and this is a great holdover Small Business loans, they can expand that greatly. We have a lot of money coming into the treasury. They can waive the interest and penalties for people who file exte
Coronavirus induced volatility plus quarterback buoyed by a string of super tuesday victories for the former Vice President. Is the contender for the democratic valuation former investor jeff ubben, never seen anything like this and says why it makes Value Investing impossible the fed announced a 0. 5 rate cut. Stocks looking to recoup most of yesterdays losses which includes a drop in the dow of 785 points jim, once that tenyear broke 1 , wow. Could you not take your eyes off of this price action look, i think that i was struck by the rate cuts. I didnt like jay powell you cant say listen, the fundamentalless as are sound bue need a gigantic rate cut that means the fundamentals arent sound i didnt know we were that bad off. People either way we are bad off or powell knows something and to see that you get a Biden Victory and maybe things bounce back a little is encouraging and mostly because its just about the tenyear the tenyear drops to 9. 8, then everything you see on your screen t
Such a streak. U. S. Equities close at 1 00 eastern. Road map begins with the santa rally. Nasdaq with nine consecutive record closes, longest streak since 1998. Retailers bracing for that last minute rush on this final shopping day before christmas. But Delivery Companies also under pressure from the late push. And weworks cofounder may have big reasons to smile this Holiday Season a report says his 1. 6 billion exit package could get sweeter well fill you in. With markets in record territory, investors are in a better mood. The 2018 Christmas Eve period saw the dow tumble 653 points. S p down 27. Nasdaq 140 drop. Since then, those stocks have surged the nasdaq leading the major indices with a 44 gain since then we forget, december 26 we came in the day after christmas, and the dow and the s p rallied 5 it was wild a year ago. I remember vividly sitting on Christmas Eve, watching this show and i probably shouldnt have been doing that on Christmas Eve. I was, and it was plungingsinki t