Name: Stock plunge scary sign of world's reaction to coronavirus
Uploaded: 2020-03-12T18:51:23-0400
Duration: 165333
Description: Gerald Townsend, of Townsend Asset Management, advises against panic about recent market dips.

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Gerald Townsend, of Townsend Asset Management, advises against panic about recent market dips.

THANK YOU, JULIAN. >> AND A LOT OF HISTORY TODAY ON WALL STREET. THE DOW HAD ITS WORST DAY SENSE 1987. MANY OF US REMEMBER THAT IT WAS A DIFFERENT TIME ECONOMICALLY BUT STILL VERY SIGNIFICANT. THE DOW ENDED UP OF 2352 POINTS. SO YOU'VE BEEN ASKING IS ACTION NECESSARY TO PROTECT YOUR MONEY? WELL, IT DEPENDS. ADAM OWENS IS LIVE IN RALEIGH WITH ONE EXPERT'S PERSPECTIVE. MANY PEOPLE ARE THINKING RIGHT NOW WITH THIS UNFOLDING MINUTE BY MINUTE, WHAT REALLY CAN YOU DO OTHER THAN WAIT IT OUT? >> Reporter: DAVID, THAT MAY BE THE BEST BET NOT TO DO ANYTHING TOO RASH. AND JUST TO STEP BACK FOR A MOMENT. THEY ACTUALLY HAD TO DO THAT ON THE MARKET FLOORS WHEN THEY TEMPORARILY POSTPONED TRADING ALL TOGETHER. THE DOW AND S & P 500 DOWN 10% TODAY. IT HAS BEEN A LONG TIME SINCE WE HAVE SEEN THAT KIND OF FALL. >> MY INVESTMENTS I WON'T LOOK ADD THEM FOR THE NEXT 2-3 MONTHS. >> Reporter: THAT IS PROBABLY A GOOD IDEA FOR MOST INVESTORS. WHAT IS HAPPENING RIGHT NOW IS HARD TO WATCH. DROPS IN THE MARKET SO SEVERE TRADING WAS TEMPORARILY SUSPENDED. >> SO THAT IS UNPRECEDENTED DROP IN A MONTHS TIME. >> Reporter: CORONAVIRUS AND ITS IMPACTS ON BUSINESS, SUPPLY CHAINS, AND TRAVEL HELPED TO SEND THE STOCK MARKET INTO INTO A DIVE 37 >> SIGNIFICANT PORTION OF ASSETS. >> Reporter: AN INVESTOR'S BEST MOVE IS TO REMAIN CALM. >> THAT IS THE WORST THING TO DO. ABSOLUTE WORST THING IS TO HAVE PANIC SELLING MODE RIGHT AFTER THE MARKET IS GONE DOWN 25%. >> Reporter: THIS CHART SHOWS OTHER MAJOR HITS OVER HISTORY. OVER TIME THEY PASS AND PORTFOLIOS CAN RECOVER. ALTHOUGH SOME PEOPLE CURRENTLY LIVING OFF THEIR INVESTMENTS MAY NOT HAVE THAT LUXURY. >> I'M NOT DIMINISHING THE HUMAN SIDE OF THIS, IF YOU WILL, IN A SENSE OF WHAT WE TALKED ABOUT. IF YOU ARE IN THIS PARTICULAR PERIOD, AND YOU JUST RETIRED AND TAKE WITHDRAWALS, IT'S A DICEY PERIOD. >> Reporter: LOOKING TO LESS STRESSFUL, DIVERSIFIED INVESTMENTS MAY BE A GOOD PLACE. >> WE WILL MOST LIKELY SEE A RECESSION FROM THIS. >> Reporter: DAVID, I WAS WALKING DOWN FABLE STREET EARLIER TODAY. I WALK INTO A MAN TO ASK HIM WAS HE WATCHING THE MARKETS AND WHAT WAS HAPPENING, AND HE SAYS HE'S BEEN CHECKING HIS CELL PHONE AND HIS INVESTMENTS REGULARLY AND TOLD HIM HE IS DOWN $150,000. WE ARE DEALING WITH SOME BIG NUMBERS FOR A LOT OF PEOPLE. BACK TO YOU. >> THAT IS HAPPENING TO PEOPLE ALL ACROSS THE COUNTRY.

Adam Owens

Jodi Leese Glusco

Stock plunge scary sign of world's reaction to coronavirus

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I'm meteorologist, Elizabeth Gardner. We're looking at a level one risk for severe storms for the rest of the day today. Closer to lunchtime, we may see a wave that comes through that could bring us a few showers or thunderstorms. Our severe weather threat at this point would be fairly low potential for some wind damage, possibly. Um, and of course, that's down from a level two and of course, our weather alert day for today has been canceled. There is still some ongoing severe weather across parts of the deep south of Georgia, Mississippi, Alabama. You can see there in red. Those are tornado watches and, uh, some severe thunderstorm warnings there in yellow that continue to crop up, but all of that looks to stay to our south and west. It doesn't look like we'll see much of a risk for severe storms for the rest of the day, but it is likely to be breezy. We'll see winds out of the southwest gusting 25 to 30 MPH. And as we roll through future cast, you can see closer to lunchtime, a quick shower, maybe an isolated thunderstorm that should be out of here. By early afternoon, maybe a few breaks in the clouds, but we may not see a whole lot of sunshine still for the most part, if you're headed to the games game tonight, hopefully that's going to be a good one. only a tiny chance of a shower at that point game time, temperatures will be around 80 degrees and it does look like tailgating would be fine for the most part future cast. As we get through the day tomorrow, we'll see an increasing chance for showers and thunderstorms, especially mid to late afternoon. That's when the cold front comes through. That cold front's been producing a lot of severe weather. It looks like our chances for storms may be a little better tomorrow than today. And there is a lot, one risk in our southern counties for tomorrow. Mid eighties this afternoon. Definitely a toasty and sticky day. We're sitting steamy right now, but over the weekend, we're going to see that dropping off to much lower. So we get rid of the humidity. We'll see much more pleasant temperatures highs in the seventies, Saturday and Sunday. It looks like an absolutely gorgeous Mother's Day weekend. And again, our chance for rain tapering off through the rest of the day today, but a chance of scattered storms in the afternoon and evening for tomorrow.

WRAL WeatherCenter Forecast

Carolina Hurricanes players and Head Coach Rod Brind'Amour talk about Game 3 on Thursday night against the New York Rangers. 

<p>So, um, it's just, it's just part of it. Um, I think our five on five games been been good and, um, obviously special teams, we need to share that up. And, um, just, yeah, obviously that, that needs to be a focal point moving forward. You got a fine line to walk, you know, wanting to be a physical game with all that but not to take the foolish penalties that give them opportunities. Yeah, I was just luck at last game. We had, uh, uh, most of our penalties are stick penalties. So, um, just need to start checking with your body instead of your stick and, um, I was guilty of one and there was a few other ones. So, uh, you just stay away from those ones and we'll be fine. Do you, do you embrace the pressure of having to come back here down? Two? Oh. And having a chance to maybe push it back the other way if you guys can get it done today. Yeah, I, I had a coach in junior hockey told me you're, you're not this until you lose at home. That's, that's been, he said that and we haven't lost at home. So, um, they, they did their job, they won their two at home. Now it's our turn to do ours and, um, starts with tonight and try and you, you win your games at home and then it goes to uh best of three, but we'll focus on tonight as a leader on the team. How important can your impact and what you and the other leaders do to try and turn the tide here. Um Yeah, I, I honestly, we need to come out and play, play our best games, especially here. This, this needs to be the best game of the series tonight. Obviously, we're, we're down too, so you need to push as hard as you can. And um I don't think any, any of us are gonna change the way we're playing. We just need to find maybe that little bit more and um we'll uh have everybody kind of follow suit but um, you look at Fishy Jordan me slavo every everybody in there. We, we're, we're up for it. So we're, we're looking forward to have you guys said anything to the team, have some kind of player meeting after the first two games. No, no, we haven't done that. I know you guys haven't practiced as a group since prior to game too, but have you talked about changes on the power play? What you can do to generate more shots and find more open works? That's a question for Roddy. I'm not in the power play meeting so well, I spoke after game two about, there's a lot, there's still a lot of belief in your room. Uh, despite how frustrated you guys were, can you speak to that? And, and does that come from the experience? And, and I don't know how, how frustrated we are. If we score in overtime, then we're sitting here 11 and it's, uh, when you guys are asking different questions, it went to double overtime and um, the, and then we're, we're trying to tie it late in game one. It's not like they've come in and completely outplayed us two games. It's, it's, they did their job at home, they scored in overtime to make it 20 and now it's our job to respond. All right. Thanks Marty. Marty. Mhm. Yeah, we like 40 places. It means here we go. Evan's gonna check the LA tonight. That was your range for, uh, earlier in the year. Oh, man, we're gonna bring this place to the ground, burn it down and it's not working now. At least we don't have the batteries anymore. That was for the escape by Martin. I say, you know, a little bit, you're now out to you. Oh, that's good. He had a little bit of Charlie is covering tonight or in the, there's gotta be some kind of like nerve damage or something or like fracture. I don't think, I don't know. You never know, I mean, it depends on what the injury is. I mean, the first thing I thought about what he said, that's what, 78 years, right. I, yeah, why do you decide not to have a skater or practice? Just your call? No, it, you know, tough game the other night. A little more rest. I mean, the morning sheets. I don't know really what you get out of them for me. So, we had our meetings. That's, you know, where, where we can get a little better. This team is so experienced and been through so many different things in the past. Do you even need to say anything? Do any of the players need to step up and kind of say anything before this game or is it just kind of business as usual? Well, I don't know. Yeah, I mean, I think we all understand where we're at in this situation and I don't, I don't think we need to dwell on that. I don't think it's, you know, how can we find that little extra, you know, play here or there? That makes a difference and, you know, uh that, that's really what it's about character as a coaching staff in those meetings. Have you discussed any strategies of how to get the power play going and generate more chances to score? Yeah, I mean, obviously we, we, that's uh an area we wanna get better at. They did a nice job up there and you know, there's, there's areas that we can be better for sure. And, um, you know, we're gonna have to be, obviously we go back to Freddie tonight. Um, yeah. No. Yeah. No, we're gonna go cooch tonight. Um, uh, you made a change in overtime with moving Tony onto the second unit. I was, I didn't know if that was maybe, uh, trying to get more out of the power play or was it more? Maybe not loading up, Shay so much with minutes. Both. Yeah, both. Yeah, I mean, Brady is playing a Ton and Tony, we know we can do it. It's just, you know, we had to get power play all year and Brady was running on that unit, but we know Tony is capable of it. So it's a little bit of both there. You said the change with, with the goalie? Um, well, I think, you know, Freddie's played really well, but he's also played a lot and I think, uh, give him a little rest is the best thing you've said that you're not worried, you never have been worried about couch's ability to step right back in despite knocking the play off. And what has he been doing? Especially the majority of his time. Is it kind of split between watching film and practicing? Is he doing something different? No, just getting ready. Practice. You ready? I mean, he doesn't, I don't know how much film work he does. I mean, it's the goal is just getting himself ready. He does work with Polly, but I mean, at the end of the day it's, I think, uh, you know, he's fresh and hopefully that was a great game. You anticipated, you said yesterday, you anticipated, who is he getting back in? Is that what you're gonna do today? He's fine. Right. Do you see this as a matchup series? Like as far as sometimes there, there are, sometimes there's, they're not for you. Is this a matchup series? And do you have more of an advantage because of that people? Um, yeah, I mean, you have certain game plan going in, you know, certain, you know, maybe guys you wanna play against but it really, um that's, it's, um, yes and no. Uh uh I mean, obviously there's more about um, the d matching up really more than even the floors. But yeah, I mean, we'd love to get our top guys against their top guys. Your estimation is to check out, do anything differently as a goalie playing behind your group. Well, he's got a different demeanor. I mean, that's obvious and he said he's really comical and creature is a little more passionate and, you know, wes his emotions are on his sleeve. But yeah, I know they both pretty good goalies. Coach, a player like this, a tr check for the Rangers who scored in every playoff game so far. I just want to stop them to stop his momentum from getting going. Well, I mean, there's no different game plan for him than anyone else. You gotta do your best when you're out there. And, um, you know, we know him very well. Good player. Uh, so we just can't give him a lot of room obviously. All right, thanks. Yep. Here you are. No, I was wearing these pills. I have been to Starbucks and then we're still 10 minutes by any one. I know you a Star Me? Have a good one. All right. Yeah.</p>

Canes players, coach talk about Game 3 against New York Rangers

Thursday marks a big step for Wilson's new Carolina Mudcats baseball stadium as the town breaks ground on the site downtown. Earlier this year, the city approved $73 million in bond money to build the stadium.

Wilson breaks ground on new Mudcats baseball stadium 

Nightly N.C. Education Lottery drawings during the 11 p.m. News.

Good evening. I'm Gail her. Welcome to tonight's joining. So Wednesday, May 8th, 2024. Well, let's get started tonight with our Carolina pick three. Our first winning number is a nine. Our second number tonight is five and the third number this evening is seven and our pick three fireball number is a six. Joining me for tonight's joining is our auditor from mcconnell and Jones L LP. Now let's move to the Carolina pick four. Good luck runners at first winning pick four number. It's a five. Our second number is one third number tonight is seven and our fourth number is a six and our pick four. Fireball number is also one. We're turning now to the Carolina cash five. If no one wins the top prize tonight, tomorrow's, our price is estimated at $576,000. Good luck. Everyone here's at first winning cash five number. It's 31. All right. Second number is 33rd number tonight is 40. Our fourth number is 41 and the final number in our cash drive this evening is 21. The North Carolina education lottery has contributed over $10 billion to education. Thanks for your support. Get your winning numbers right here every night in your exclusive station for the North Carolina Education Lottery. Thanks for playing. Have a great night.

Evening Pick 3 Pick 4 and Cash 5

Monday, Wednesday, and Saturday Powerball drawings, as shown live on WRAL.

Good evening, Juan, I'm Brady Trainer. Tonight. We have another life changing jackpot. It's worth a guaranteed $20 million. So, get your tickets ready here. Come tonight. 20 numbers. Let's start things off this evening with the number 43 right after that America. We have the number 51 and congratulations to Jack Canfield and his son, Todd from Tennessee. They won a million dollars playing powerball all the rest of your winning numbers tonight. 44 7. And we'll round it out tonight with the number 41 and tonight's winning powerball number, that's gonna be five and your power play multiplayer is two. Let's take a look at tonight's winning numbers. Remember there are multiple ways to win. Good luck, everyone. We'll see you back here on Saturday night. That works. It's time to play America's favorite.

Powerball Drawing

Daytime Pick 3 and Pick 4 drawings are held at 3 p.m. daily. They can be seen as live or on-demand video.

Hey there. Good afternoon. I'm Noah Klein. Welcome to this afternoon. Join us for Wednesday, May 8th 2024. Let's get started here with Carolina pick three. That first number is three. Second number is zero. Third number is two, pick 35. Ball number is two. Joining me for this afternoon's draws are auditor from mcconnell and Jones L LP. Now let's move to the Carolina pick four. That first pick four. Number is nine, second, number one. Third number is five fourth number nine. And our pick for a fable number is five. The North Carolina Education lottery has contributed over $10 billion education. Thank you for your support. Get your running numbers each day at 3 p.m. and again, 11:22 p.m. right here on your exclusive station for the North Carolina Education Lottery.

Daytime Pick 3 and Pick 4 Drawing

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