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SQUAWK BOX, TUESDAY 17TH MARCH, 2020

SQUAWK BOX, TUESDAY 17TH MARCH, 2020

FromSquawk Box Europe Express


SQUAWK BOX, TUESDAY 17TH MARCH, 2020

FromSquawk Box Europe Express

ratings:
Length:
25 minutes
Released:
Mar 17, 2020
Format:
Podcast episode

Description

The worst day since Black Monday…the Dow suffers a 3,000-point sell-off in its third-biggest loss ever, and the most dismal day since 1987. The market’s volatility gauge - the VIX - swings to a record high as President Trump warns the U.S. economy could fall into recession. The U.S. also says the outbreak could drag into August. U.S. airlines have said they will require a $50bn bailout which could be the largest rescue package since the terrorist attacks of 9/11. In auto news, VW posts solid full-year data for 2019 but says that guidance for 2020 has now become impossible. Airbus temporarily suspends work at its French and Spanish assembly plants in order to contain Coronavirus. And in the UK, Prime Minister Boris Johnson ramps up restrictions and advises Britons against non-essential contact and travel.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 17, 2020
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.