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Why Stocks Climb During Bad Economy News

In this pandemic environment, why are stocks climbing when news about the economy isn't good?

I've actually been getting that question a lot. And look, nobody really knows why stock markets move the way they do in real time. But there's a variety of factors why we've seen stock market rallies these days. So, one is improving investor sentiment that some of the government measures to stabilize the economy are working. And the other one is something you saw on Monday, when the Dow rose more than 900 points, there was some news out about a potential coronavirus vaccine. Some positive preliminary results on that experimental trial. So, that helped also improve investor sentiment.

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Should Americans Prepare for Meat Shortages?

Former Agriculture Secretary Tom Vilsack joins GZERO World to discuss the food supply chain crisis and why it's so hard to get meat processing up and running at full capacity right now. But he assures us that there won't likely be a noticeable shortage for consumers. A bigger concern, he says, is addressing growing food insecurity among the unemployed and poor families badly impacted by the pandemic. He recommends expanding access to the Supplemental Nutrition Assistance Program (SNAP) for more Americans to offset the crisis, and so more unemployed workers will be able to buy food.

What is going on between the WHO, the US and China?

What is going on between the WHO, the US and China?

We need someone to blame for this virus crisis, right? Trump will be elected or not in November on the back of well over 100,000 deaths, horrible economic performance and unemployment. No real bounce seen before November. Probably a second wave just before elections, given the seasonality of the virus. Which means you've got to blame China, the World Health Organization. And that means the Americans threatening to pull out of the organization as a whole, saying that they're doing lifting for China and also demanding investigation, as are other countries, of China for how they handled the initial outbreak of the disease. I am much more sympathetic to calls about Chinese responsibility because it's clear they did mishandle and did cover up the early days of this virus. The Chinese are saying they're only prepared to accept an investigation after the crisis is over. The WHO is saying that's three to five years from now. I agree on the time frame. Don't agree that that would be an appropriate way to handling it. A lot of countries around the world, particularly allies of the United States, are increasingly putting pressure on China. Big trade dust-up between the Chinese and the Australians as a consequence. Not directed by the United States, which is interesting. Australia did that all by themselves.

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Ian Bremmer: How COVID-19 Response Could Impact Civil Liberties

Ian Bremmer examines big tech's role in helping to combat the COVID-19 pandemic, and provides historical examples of expansion of government power in times of crisis, including the 1918 flu pandemic, the Sedition Act, and the 9/11 attacks. At a critical moment when both tech companies and the government are extending their reach and power, a tradeoff could emerge on the balance of safety and civil liberty.

Hog Farming for Smithfield Foods During COVID-19

Shockwaves rippling through the global food supply chain are having real world effects — and not just at your neighborhood Wendy's. GZERO World with Ian Bremmer introduces you to Mike Patterson, one Minnesota hog farmer in the crosshairs of a nationwide crisis. He told us the current problem "shows the fragility of the system. That one piece goes down in that processing chain and we're not able to get meat to consumers."

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