What would it take to reduce the market volatility?

Betty Liu, Executive Vice Chairman for NYSE Group, explains: What do you make of this recent market volatility?

So, I mentioned before that markets hate uncertainty and we are in unprecedented times right now. Just to give you a little bit of some perspective on just how volatile the markets have been, so, on March 9th, we had, the first time ever, the modern market wide circuit breaker triggered. Now, that has been triggered four times from March 9th to March 18th. On March 16th, the Dow closed down almost 3000 points. That was the steepest drop, 13 percent, since Black Monday in 1987. And also, just one more stat for you, the S&P has closed up or down 4 percent for eight consecutive trading sessions.


What would it take to reduce the market volatility?

So, unsurprisingly, an end to the global pandemic would certainly limit, if not eliminate, the market volatility. The stimulus package also could dampen volatility, but there's still a lot of uncertainty around that. And it's really still uncertain how this global pandemic is going to affect the global economy. So, there's still a lot of questions out there. And with those questions and uncertainty, we're likely going to see continued volatility in the markets.

The goal of Eni's High Performance Computing is to perfect and industrialize low carbon energy technologies developed in collaboration with research centers. Eni's efforts are helping to generate energy from waves and guarantee access to energy in remote areas thanks to light-weight and flexible organic photovoltaic panels


Watch Eni's new docuseries on HPC5

DRC's new Ebola wave: On the verge of eradicating an Ebola outbreak in the country's east which began back in 2018, the Democratic Republic of the Congo has now identified a fresh wave of cases in the northwestern city of Mbandaka. The disease, which has a fatality rate of 25 – 90 percent depending on the outbreak's character, has already killed five people in recent weeks, prompting the World Health Organization to issue a grim warning that a surge of new cases could occur there in the coming months. (Ebola has an incubation period of about 21 days.) This comes as the central African country of 89 million also grapples with COVID-19 and the world's largest measles outbreak, which has killed 6,779 people there since 2019. In recent weeks, officials from the World Health Organization predicted that the DRC's deadly Ebola crisis, which has killed 2,275 people since 2018, would soon be completely vanquished.

More Show less

For almost a week now, protests have surged across American cities in response to the videotaped police killing of George Floyd, an unarmed black man detained for allegedly using a counterfeit bill to buy cigarettes.

Alongside largely peaceful demonstrations against police brutality and systemic racial injustice, there have been instances of looting, arson, and aggressive police violence. Several journalists have been arrested.

More Show less

1.6 billion: Uganda's president said pandemic-related travel bans could cost his country $1.6 billion in tourism revenues this year. At the same time, with many Ugandan emigrants out of work in other countries hit hard by coronavirus, Uganda risks losing much of the $1.3 billion that they send home every year in remittances.

More Show less

Ian Bremmer's Quick Take:

First of all, from the global perspective, taking what we have here in New York City, obviously the biggest problem is America's leadership, America's ability to lead by example, which has been eroding now really for, you know, certainly a decade plus, but much more quickly now.

More Show less