Stay updated with breaking news from Taylor romaine. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Liz i do think spreads are important to watch. We always know theres a tight connection between the credit markets and the equity market. Especially high yield vs. Equity and i agree that when spreads got as compressed as they did, there was probably not sufficient compensation for those hotelers for the likely risk. Were seeing in it bankruptcies, which have spiked back up. They had a spike in may, leveled off and theyre picking back up back to 2009 levels and i do any what happens with spreads and more broadly in the credit markets, as it did in the march time frame will inform what happens in the equity market. Equity investors need to have a particularly close eye on the credit markets right now. Were seeing about a 50 uptick in terms of your average trading for the nasdaq. And what are you expecting for next week . As renee was telling us earlier, were heading towards a shortened week. Early data on the labor market only thursday because of the ourth of july holiday weekend. Lils ....
Present some sort of model for the future course the coronavirus is expected to take. 180,000, overr 3000 people have died. I want to bring in our whatd you miss . Cohost romaine bostick. The s p had been rallying. What is the reason for the downward move today . Is it simply that there are no more places to hide . Romaine if you look at the higher,hat had moved defensive stocks, a lot of crowding. The worst quarter for the dow jones since 1987, the worst for the s p since 2008. Same thing for the nasdaq composite. The nasdaq 100 held up a little bit better. We are down about 14 on the nasdaq 100 for the quarter that just ended today, about 6 other than the s p and about 9 better than the dow. Over the course of the quarter, you had names like netflix and tesla rally more than 20 . Some of those large cap Genetic Sciences companies, those moving higher as well as gilead sciences. The in mind, a big reason nasdaq was down, we tal ....
Angelina Jolie accuses Brad Pitt of 'waging a vindictive war' in new countersuit over winery ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.