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Shock waves hit the economy as the number of COVID-19 cases soars in the US

ABC News
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The stock market has lost $8 trillion in value in the last month and analysts estimate more than 2 million people have filed for unemployment insurance last week.
#Economy #StockMarket #Unemployment

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Komentáře 80
Julie Jones
Julie Jones Před 3 hodinami
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Julie Jones
Julie Jones Před 3 hodinami
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Julie Jones
Julie Jones Před 3 hodinami
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z7nc
z7nc Před 21 hodinou
The economy is gonna be done and were gonna die from coronavirus
Mike M
Mike M Před 3 dny
No need to worry....Trump will bury the numbers and all will be good 👍
MELLO JELLO
MELLO JELLO Před 3 dny
Hope they get foid stamps too
Bruce Tremmel
Bruce Tremmel Před 3 dny
Shock is a poor choice of words here. Proper usage should be "expected increase" proved true! As the huge increase of the test swabs and ability for massive increases in processing the patience load (backlog). Not unusual but confirms the numbers are as expected given the processing ability. One should take note that the confirmed cases are in the expected range and a 10 to 1 ratio is what has now been confirmed. Deaths are holding in the same numbers as predicted.. The trend should prove more of the same!
Frank Smith
Frank Smith Před 4 dny
No shock waves, if Pelowsi gets offherass and signs Trumps bill, everyone is covered. Nuff said. Both sides had a deal yesterday until Pelosi flew back to DC from Cali to shut it down. Trump is a great man. Pelosi is evil. Shes holding it up.
2NDARY B18C1
2NDARY B18C1 Před 4 dny
the higher covid-19 is,the lower stock market is
Sam Katawaru
Sam Katawaru Před 4 dny
The fat cats have been raking big bucks for over 10 years.They did not give the more than 75%of the population a rat"s ass.So 10 days in a declining stock and bond market and they are going into shock and vying for federal aid which comes out of the pocket of the working people who will get the mouse's while the rich gets the lion's share .They were bailed by Obama in 2008 at the expense of 6 million evrryday folks who lost their houses.The automobile industry. were also bailed out but they made huge profits on common americans.Now the Gop and tHrump wants to rescue the sirline industry who had a virtaul oligopoly and imposed baggage fees ,change of tickets,no food and cramped seats, yet uncle Sam remained mum.The cruise ship is another one which exploits passengers with exorbitant price,yet they are going to be bailed out by tHrump.It is the working class which keeps the wheels of the economy as evidenced by the corona syndrome .Yet they are enslaved by the ruthless owners and no one cares Exploitation is prevalent in the bodegas and west Indian food shops which pays less than $5 per hour under horrific conditions and abuse.Of coure there are exceptions.So current bailout wil benefit the richbm and wealthy. Sooner ir later the oeunting of money to satisfy there magnanimous scheme will cause inflation as the economy slows down .Who will shoulder the rising prices of goods and services.The president and a large segment of the population are against democratic socialism but they are wiling to prop up failing businesses .This is a phenomenon of socialist practice.If you all love capitalism so much,why not let the free market settle the current problem. Businesses wantvm the super profits they make in good times but scream high murder when they gets losses.The free markets is designed forvl cyclical growth by weeding our the losers and foster the more good entrepreneurs.
Umbrella Corporation
Everyone get ready for a revolution to come. A great depression will ravage the US and the rest of the world and its not going to fun. Your life is now changed forever.
will mann
will mann Před 4 dny
Girl at 0:57 secs coughing at the park
Zac Lodro
Zac Lodro Před 4 dny
The Fed is spending a trillion a day on the big banks. Yes, A TRILLION A DAY! Where are all you "how are we gonna pay for it" hypocrites now?
HousingDinosaur
HousingDinosaur Před 4 dny
The stock market isn’t the economy.
Youtube Account#:457
Stocks allow people to buy partial ownership of companies. If you don’t want it, then vote to be the only first world country on the planet to ban the stock market and then deal with 0% interest in your bank account and retirement funds like your 401k. Just because rich people are in it doesn’t mean that it isn’t mostly beneficial for the people. Without it, you’d be working until you were 80. Read a book. You’re a prime example of the failure that is our school system.
Youtube Account#:457
Commie larpers in the comments who think they won’t get slaughtered by a Swat team 5 seconds into their “revolution”. God they’re worse than the boogaloo people
fav cocaboycola
fav cocaboycola Před 4 dny
Trump: we have great unemployment numbers Everyone: ya bullshit Danny davito: And 👈🏽 over here BULLSHIT! Riley freeman: THATS SUM OL BULLLSHITT
Squishy McDuff
Squishy McDuff Před 4 dny
Global economic crash has much greater consequences than a few people getting sick. This will delete the middle class...
Paul Legge
Paul Legge Před 4 dny
I understand the need for some families who actually NEED to file for unemployment, but there is also a large population of people who abuse the hell out of the system and it’s disgusting. The same people abusing the system are the same who complain (despite not contributing anything to society at all) that they’re never “getting enough” from our government and want to financial punish anyone who makes more money than them. What a joke.
nurgoni babu
nurgoni babu Před 4 dny
good information thank you. know more here :web.facebook.com/BBBE19/
Gaetano Contino
Gaetano Contino Před 4 dny
La soluzione... csvid.net/video/video-iciW-6Dat3w.html
Bob alloo
Bob alloo Před 4 dny
Is it possible that the health care profession not having masks has exactly nothing to do with the public having them or hoarding them? They are supplied by two completely different supply streams. Hospitals procure protective equipment directly from suppliers. Do you think they go down to the corner drug store to purchase their masks? The reason they are short is because 95% of their mask supply comes from overseas, and suppliers overseas stopped the flow and diverted it to China. Have you seen a single example of mask hoarding by the public? Are you, or is anybody YOU know hoarding masks? If not, how do you really know it ever happened? Because someone keeps repeating that it did? Is that fact or opinion and how can you tell the difference? Stop parroting and start thinking and researching and you'll be less a tool of propagandists and more an informed citizen. Have you heard a single accounting from any owner of a drug store that people were hoarding masks? Asking them would be a novel way to find out instead of just glibly accepting the narrative because some talking head said it was so. And since there are zero masks available for anyone to hoard, how the hell does anyone suppose the public is continuing to hoard them? How about we put pressure on the idiots in charge to stop telling us bullshit like "don't wear a mask", and get those damn masks off the hooks in our garages and on our faces! That would be a novel idea, but it seems way too complicated for the experts to fathom.
dun sasa
dun sasa Před 4 dny
this not a problem. just ask donald trump
마리아포병대
마리아포병대 Před 4 dny
Covid-19 World War North America Front csvid.net/video/video-FKTBEhl1ma8.html Cheer up!!!, Americans and our blood allies. All the mankind will win!!!
henry 11
henry 11 Před 5 dny
March 20th, 2020 Meet Wuhan CoronaVirus Patient One Maatje Benassi CSvid 360p csvid.net/video/video-s0I76EYXI5U.html Chinese vision with photo csvid.net/video/video-QA5YeRAOoEg.html
AJAY PARMAR
AJAY PARMAR Před 5 dny
What the hell no hand sanitizers , no cleaning product ,no toilet papers in market and trump administration not even taking any step to resolve these basic issues
Rock A
Rock A Před 5 dny
It’s cool man keep giving us the run around you’re gona be crying when they kill you
Stephen H
Stephen H Před 5 dny
Shock Waves - Soars > Intentional MEDIA Weaponization of CCP Virus. Time for ABC to Get a Grounded Grip on Reality ... not their Sky is Falling Tin Hats
Janie Miller
Janie Miller Před 5 dny
Of course it appears like cases are soaring ( merely because we’re testing more !! Ugh 😑
soulriver1
soulriver1 Před 5 dny
They should just quarantine all the old people and let the young people work.
Roy Rice
Roy Rice Před 5 dny
Financial repercussions could last a lifetime, easy! 💸🔥💸🔥💸🔥💸🔥💸
Bo Bo
Bo Bo Před 5 dny
Anyone catch that woman coughing as she's taking touristy pictures .. funny, not funny
Little Apple
Little Apple Před 5 dny
Omg. Where is my fishing rod ?
Andh Bhakt virus
Andh Bhakt virus Před 5 dny
Our india always have unempyoment prb..after 2014 .🇮🇳
Ben Joe
Ben Joe Před 5 dny
This is good for the USA. We need to get back to basics and spend more time with family and our children.
Usa mabaho
Usa mabaho Před 5 dny
Olympics? Spring break Blossoms? Still open restaurant bar clubs, can't be inconvienced The PC people prove they are not racist kiss hug Chinese in Feb You are getting what you asked for. Meanwhile, discipline in other places Cuba Russia China helping the world, USA falls apart with UK EU Even super poor Philippines took action. You still going around on spring break
Monkey Savant
Monkey Savant Před 5 dny
Here's an idea...cut down the cherry blossom trees...smh.
Edlyn Amion
Edlyn Amion Před 5 dny
m.csvid.net/video/video-jvU9tSGosM0.html#dialog
Xa Le
Xa Le Před 5 dny
if the virus worldwide kills mostly 75 years and older (ie Italy), why arent we start first to quarantine the elderly?
Loreto Casale
Loreto Casale Před 5 dny
This COVID-19 is Terrorizing our freedom and I hereby order this virus to be destroyed at all costs
john N
john N Před 5 dny
I think Trump is preparing everyone for this 15 day only lockdown. I am sure there are statistics on how many people will die if we lockdown for months vs just let the virus run its course. And I would not be surprised more people will die from the economy failing than from the cronovirus...just saying.
Graph Guy
Graph Guy Před 5 dny
number of case means NOTHING other than we are smashing our economy over a virus that is less fatal than the flu. Go figure RSVP
jawed
jawed Před 5 dny
Well I'm filling tomorrow I was let go this morning
Oasis5
Oasis5 Před 5 dny
What is Trump going to run on now? Bragging about the economy and the stock market isn't going to work. Maybe he can bring up Hillary's emails again?
keith parkhill
keith parkhill Před 5 dny
@Tanner Shortnacy And he would still be lame duck
Tanner Shortnacy
Tanner Shortnacy Před 5 dny
Look who he's running against he could disappear for 6 months and still win in a landslide.
F X
F X Před 5 dny
Trump is making this a serious situation- what an idiot. We are in ORANGE HELL!!!!!
Boyd Gilbreath
Boyd Gilbreath Před 5 dny
Lets remember that the rich and big business split a trillion and a half dollars every year in Trump tax cuts for the rich. Nothing short of the permanent elimination of the payroll tax, thus destroying Social Security, Medicare, Medicaid, and Disability will get the Republicans to do what is needed for the people of America. Americans think that can't happen. It has happened in other countries already. That's the deal. Total destruction of the country by Covid-19 or total elimination of the payroll tax. Larry Kudlow (appearing impaired) admitted if they eliminate the payroll tax they cannot "backfill" the lost funding for Social Security et al.
NavyVet
NavyVet Před 5 dny
If you planned to live only off SSA and never saved or invested in a 401-K then you deserve what you get.
Adam Barron
Adam Barron Před 5 dny
〽️〽️〽️〽️ Tomorrow 15,000.00
Adam Barron
Adam Barron Před 5 dny
💊💊💊🎈🎈🎈🏹🏹🏹✳️✳️✳️
Michael R.
Michael R. Před 5 dny
So why did the Democrats vote the bill down?
IHMadeThis
IHMadeThis Před 5 dny
@Tanner Shortnacy lol You are lost.
IHMadeThis
IHMadeThis Před 5 dny
@NavyVet Ask anyone that's not a CEO, rich, or a arms manufacturer how they have benefited from the GOP
Tanner Shortnacy
Tanner Shortnacy Před 5 dny
@IHMadeThis Noone not left or right has claimed that. You literally repeat what some other idiot commented.
Tanner Shortnacy
Tanner Shortnacy Před 5 dny
They want maximum suffering and destruction then gonna claim they are the saviors.
keith parkhill
keith parkhill Před 5 dny
@NavyVet Guess what ? It's the 21 century .
Donald Panhorst
Donald Panhorst Před 5 dny
The best known way to fight off Covid 19 is to increase intracellular (inside the cell) zinc. The best known way to increase intracellular zinc is to stop consumption of phytic acid. What has a lot of phytic acid? Grains, nuts, seeds, beans, coconuts, coffee, basically all seeds. SO.... The best way to treat or prevent Covid 19, in my opinion, is to stop consuming seeds
israelqzd04
israelqzd04 Před 5 dny
Where did you get this info from?
Polo Dominguez
Polo Dominguez Před 5 dny
I guess here comes the n.w.o where is that written again o yeah the word of GOD written thousand of years ago still relevant today like reading tommorows newspaper
IHMadeThis
IHMadeThis Před 5 dny
lol Hilarious.
Marcus Hughes
Marcus Hughes Před 5 dny
losers, the hoax is over, protect the old and compromised and everyone else is going back to work, liberals hate that because they hate to work, it is over and you lost, sorry
Hilal Kureshi
Hilal Kureshi Před 5 dny
Like Trump, the US economy is also a fake.
G. D.
G. D. Před 5 dny
Omg.....that's an insane amount of unemployment claims.....
NavyVet
NavyVet Před 5 dny
The U.S. economy is mainly a service driven economy. 2 million is just the tip of the iceberg if Democrats in the Senate and House don't stop playing "run the clock out" and pass the stimulus bill so money can get out to the people who need it.
Barrak J.
Barrak J. Před 5 dny
There goes Trump’s supposedly great economy lmao, as though his chances of re-election were not already slim enough.
Barrak J.
Barrak J. Před 5 dny
Tanner Shortnacy appreciate it bud
Tanner Shortnacy
Tanner Shortnacy Před 5 dny
@NavyVet they can't even find him right now.
Tanner Shortnacy
Tanner Shortnacy Před 5 dny
🤣 what a dumbass.
Barrak J.
Barrak J. Před 5 dny
NavyVet DonaldTrump set a very low standard, just about any body can out perform him lmao.
Iron Bear
Iron Bear Před 5 dny
You realize the economy doesn't reset each time a new President gets in eh ? Americans talking about the economy just sound like one sided morons.
Yousavedbro Heaven Bound
you can't squeeze the Charmin for comfort. You can't play hide-and-go-seek with death. It's appointed for man once to die than judgement. For the wages of sin is death the free gift of God is eternal life. Wake up by the grace of God to see that Jesus loves you he cares about you he's the great physician who desires to save you. There are very insidious wicked Satanist people in government and throughout society who desire the collapse of America. God help you by the Holy Spirit to wake up and to fight and not live in fear because of death. There's no fear of death when you know Jesus Christ is the author and finisher of life. The perfect love of God cast out all fear
Yousavedbro Heaven Bound
@Iron Bear Many will be purified, made spotless and refined, but the wicked will continue to be wicked. None of the wicked will understand, but those who are wise will understand.
Iron Bear
Iron Bear Před 5 dny
Still sayin a lot, and nothing.
kc bh
kc bh Před 5 dny
The Democrats walked out on the bill last night and crushed the stock market today. If you have a democrat House member call them and ask them why?
keith parkhill
keith parkhill Před 5 dny
Yep they corporation already got plenty.
Vlad
Vlad Před 5 dny
The poor will pay the rich. As always. It is called bail out.
Frank Smith
Frank Smith Před 4 dny
The poor need to get up and moving, foreigners come here with nothing and build fortunes. If you've been poor for twenty years, place the blame on yourself.
Ricky Lee
Ricky Lee Před 5 dny
Trump words ur a bad reporter !!! Lmao ! God bless American
Jack Van Berg
Jack Van Berg Před 5 dny
Cases soar??? Where are the statistics of how many cases we have today and how they are increasing??? As usual CNN just spouting bullshit.
Howard Brickner
Howard Brickner Před 5 dny
That would be Faux News, idiot
What TheFuck
What TheFuck Před 5 dny
I hope people of US will be safe...may god be with them...amin
Hong Pham
Hong Pham Před 5 dny
China virus 🦠 China virus 🦠,China ‘s salves open eyes 👀 and open your brain ,take your stupid out
Ted Red
Ted Red Před 5 dny
Way to go Dems. And thanks for gifting trump the 2020 election too
Sandy
Sandy Před 5 dny
keith parkhill lolol 😂
keith parkhill
keith parkhill Před 5 dny
Didn't you hear Trump is lame duck and will continue to be so even if reelected.
Redneck Logic
Redneck Logic Před 5 dny
All this for .05% mortality rate.
charles goldbach
charles goldbach Před 5 dny
hard to be upset when the those two women reporters are so healthy!
neurosmos
neurosmos Před 5 dny
Am I the only one that nearly jumped out of my chair at the volume jump @ 1:09 ?
Tiffany Williams
Tiffany Williams Před 5 dny
There was a woman taking pictures of the cherry blossoms while coughing, unbelievable.
William Royer
William Royer Před 3 dny
I think people are more sensitive and noticing people coughing, I noticed and was a disgusted with a college student who was in our business smelled like a dirty laundry hamper, people who have a lack of oral hygiene are germ and virus spreaders
Frank Smith
Frank Smith Před 4 dny
What? We cant cough? STOP WATCHING MSNBC
Godzilla’s Lamp
Godzilla’s Lamp Před 4 dny
Tiffany Williams yep... these disgusting, irresponsible people do to give a fu*k!
Steve Linbergbaby
Steve Linbergbaby Před 5 dny
Those cherry blossom terrorists 🤪
frank caan
frank caan Před 5 dny
This is where fake news shine. "Reporting" doom-and-gloom news and capitalizing on disasters and pandemics -- and blaming it all on "Orange Man Bad."
Randy Reneau
Randy Reneau Před 5 dny
This is what you get when the President and maggot News Fox New, declares it a fake.
Ted Red
Ted Red Před 5 dny
Russia and Ukraine didn't stick... take a shot with the Chinese flu I guess
james hazen
james hazen Před 5 dny
Well only 2mil? Wow guess this country is doing awesome for rainy days..probably would be more if the bldg was actually open
Charlie May
Charlie May Před 5 dny
I'm 47 and at risk with diabetes. The way they make it sound I'd be better off eating a bullet than to go through the suffering. Especially since the govt and politics can't put out the fire!
Kim K
Kim K Před 5 dny
I wonder how many people are going to be killed by our president and the Republicans inaction to respond, while insisting it's a hoax and everybody should just go out and spread it let's give it to the herd a people so that they'll start building immunity. Only it's going to build more death. Meanwhile they're saying how they've always taken it seriously well it's been since January 19th and here we are
dave d
dave d Před 5 dny
At last!!! Some news the Democrats and Media can DANCE FOR JOY to!!!
keith parkhill
keith parkhill Před 5 dny
They have been dancing since Trump became lame duck .
Kim K
Kim K Před 5 dny
Definitely not time to dump any more money in the stock market can we get the one and a half trillion back. We should not care about the stock market other than they're using other people's retirement gamble with it.
Mark Victor
Mark Victor Před 5 dny
I'm one of those silly people who never felt comfortable about putting money in the Stock Market lol.
Ned Labarbara
Ned Labarbara Před 5 dny
Soon you will be able to poop in the street. It will be just like you moved to California.
keith parkhill
keith parkhill Před 5 dny
@the tater Durring the Great Depression Texans had to eat armadillos hence the state animal..
the tater
the tater Před 5 dny
Texas has 5 million uninsured people have fun you losers
ChillPill365
ChillPill365 Před 5 dny
Well at least I've SOMETHING to look forward to during this mess!!
Ned Labarbara
Ned Labarbara Před 5 dny
The Pelosi news network. For people dumber than hammers.
Tanner Shortnacy
Tanner Shortnacy Před 5 dny
Also for those who need a hammer upside there empty head.
Chad Rushing
Chad Rushing Před 5 dny
So the hysteria driven media destroys the economy abusing their power and then act innocent that it was their fault? A month ago ABC ran 24/7 hysteria from Rod Rosensteins sister in the CDC rather than her boss. I hope you lose all your protections from lawsuits and get banned by the FCC.
Mana
Mana Před 5 dny
CCP coronavirus sure is making an impact
E M S
E M S Před 4 dny
CCP? Stop being stupid. Pandemics have nothing to do with politics ... At least until imbeciles like yourself insist on politicizing them.
Jack Holly
Jack Holly Před 5 dny
Hopefully Pelosi and schumer are paid up on their insurance.
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