Peter Mitchell previously held the role of weekend presenter for Seven Nightly News between and when he replaced the short-lived presenting duo of David Johnston and Anne Fulwood. Jennifer Keyte was appointed as weeknight presenter inbecoming Australia's first solo female primetime commercial news presenter. First at FiveSeven News Melbourne went into a tight contest to win the ratings battle in
But what did happen? It is my contention that a global financial crisis began during the second half ofand it threatens to greatly accelerate as we enter During the last six months of the year that just ended, financial markets all over the planet crashed, trillions of dollars of global wealth was wiped out, and some of the largest economies in the world plunged into recession.
This is what the early stages of a financial crisis look like, and the worst is yet to come. If we were entering another style crisis, we would expect to see junk bonds crashing.
Instead, it usually starts percolating on the periphery. And right now bonds of firms that are considered to be on the risky side of things are rapidly losing value.
In the chart below, you can see that a high yield bond ETF that I track very closely known as JNK started crashing in the middle of This crash began to unfold before the horrific crash of stocks in the fall.
Investors that saw junk bonds crashing in advance and pulled their money out of stocks in time saved an enormous amount of money.
Now, for the very first time since the last financial crisis, we are seeing junk bonds crash again. In December, there was finally a sustained crash through the psychologically-important If junk bonds continue to crash, this will just be the beginning of the carnage. One of the big reasons why junk bonds are crashing is because of the crash in the price of oil.
There has only been one other time in all of history when we have ever seen an oil price crash of this magnitude. Unlikethe price of oil is not expected to rapidly rebound any time soon. Most oil experts believe prices will bounce back in latebut they expect more pain first.
Meanwhile, the prices of industrial commodities have been crashing as well. For example, the chart below shows that the price of copper started crashing hard just before the great financial crisis ofand the exact same thing is happening once again right before our very eyes… Things are unfolding just as we would expect they would during the initial stages of a new global financial crisis.
And we have already seen a full blown stock market crash in many of the largest economies around the planet. For instance, just look at what has been happening in Brazil. Canada has the 11th largest economy on the entire planet, and I recently wrote a lengthy article about the economic difficulties that the Canadians are now facing.
“Nightly Business Report” seeks a news associate to help with the creation and coordination of elements for daily business and digital programs. Must be resourceful and creative in helping to deliver the program’s message, including 0. They Talk Biz News. 26 Feb, September 24, ;. Combines fast-breaking business and economic news, extensive financial market coverage, in-depth analysis, corporate profiles, features, and commentaries by noted economists and business experts. It’s official – was a horrible year for stocks. On the last day of the year, the Dow Jones Industrial Average was down another points, and overall it was the worst year for the Dow since
The Chinese have the second largest economy on the globe, and news about their economic slowdown in making headlines almost every single day now.Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
NBC Nightly News (titled as NBC Nightly News with Lester Holt for its weeknight broadcasts since June 22, ) is the flagship daily evening television news program for NBC News, the news division of the NBC television network in the United States.
First aired on August 3, , the program is currently the most watched network newscast in the United States, with an average of million.
“Nightly Business Report” seeks a news associate to help with the creation and coordination of elements for daily business and digital programs.
Must be resourceful and creative in helping to deliver the program’s message, including 0.
They Talk Biz News. 26 Feb, September 24, ;.
Tonight on Nightly Business Report, intense selling pushed the Dow & S&P into negative territory for the year. Plus, why the retail sector got hit hard just ahead of the start of the holiday shopping season. A long-running weeknight business-news magazine that includes market reports, company information, CEO interviews and economic commentary.
`NBR' began as a. Missing Any? Email Us at [email protected] Page One of TV Hell Click Here. ) "The Millers" (CBS) Sit-com about a brother who is on the local TV news in Leesburg, Virginia, and sister who is a Yoga instructor, who now each have a parent living with them after the parents divorce.