Child for antitrust how it could become the post posterchild for a market pullback time to risk less. Theres a growing sector of the bank any time theres a growing activity in the banking seccer it to could be time to take a breath carter thats right, with the bump up in rates, regional banks have come back to life in a big way theres been m a in the Asset Management space so were going to look at some of these areas of the market in relation to the republican and zero in on blackrock the first chart you have three lines even though it looks like two. The top line is the s p. The threeyear chart, s p up 38 . The two other lines are tightical and two separate Industry Groups in the s p the first is s p 500 investment banks and brokers, thats goldman sachs, Morgan Stanley and others and the other is s p 500 Asset Managers and trust banks, things like t. Rowe, blackrock, invesco, state street and so forth imagine on a threeyear basis having no gains. Look at a chart since the financial cr
Remarkable 24 hours. The sirens are still more than evident on this island of manhattan and with that said there is quiet across the nation today, its just a benchmark of the deaths in the covid virus reported in america are now greater than the deaths of americans from the vietnam war. That is a real touchstone in america. Looking at figures for london, the number of deaths now bigger than what we had one thing i was reading about in the u. S. Was number of deaths and care homes. States retro rampup testing to make sure the elderly are safe. News go to the bloomberg in new york city. We begin with u. S. Federal reserve policymakers to keep the benchmark rate near zero. Focus on thelikely next step it can take to rescue the economy once the lockdown ends. The decision at 2 00 p. M. New york time. Area that might need support, mortgage servicers. A couple of grim milestones of the u. S. The number of infections topping one million. That is a number and then number of deaths passing more
The world will americans be required to take part in the count during a National Emergency and will donald trump and immigration rhetoric deter some from participating follow the u. S. Census on aljazeera. Hello im sammys day than this is counting the cost on aljazeera your weekly look at the world of business and economics this week a Mighty Dollar for all the talk of emerging challenges when push comes to shove the dollar proves its the worlds reserve currency we find out why a Financial System riddled with bad debts india tends to revive the countrys 4th largest bank as depositors yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic theyre trying to make sure theres a functioning economy if they get to grips with the outbreak well the damage done is likely to surpass the financial crisis may
System riddled with bad debts india tends to revive the countrys 4th largest bank as depositors yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic theyre trying to make sure theres a functioning economy if they get to grips with the outbreak but the damage done is likely to surpass the financial crisis maybe even the Great Depression what is known its the worst economic crisis in the last 70 years well at this time theres a rush to safety the 11 year bull run in u. S. Stock markets is over and theres one safe haven everyone is banking on and its not gold its the dollar for all the talk of the dollar would lose its reserve currency status its proved to be just that talk lets take a look at some examples now emerging markets have borne the brunt of the rush for dollars indonesias superior lost
Latest developments from around the wilds. With updates about travel restrictions and how to protect yourself. Around the virus pandemic special coverage on aljazeera. Hello im samis day than this is counting the cost on aljazeera your weekly look at the world of business and economics this week a Mighty Dollar for all the talk of emerging challenges when push comes to shove the dollar proves its the worlds reserve currency we find out why the Financial System riddled with bad debts india tends to revive the countrys 4th largest bank as deposits yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic the trying to make sure theres a functioning economy so they get to grips with the outbreak with the damage done is likely to surpass the financial crisis maybe even the Great Depression what is known