Talks about social Media Companies approach to misinformation on their platforms. At 945 a. M. , virginia senator tim kaine host this is the washington journal for october the 20th. Pennsylvania,p in Vice President pence planned a stop in cincinnati, ohio. Two recent polls suggest when asked about the impact of social media and political discourse, most people responded it had a negative effect. What about you . What do you think of social medias impact on the way we get information about politics and how we talk about politics . You can let us know on the lines this morning. 2027488000 hooves 2027488001 who support President Trump and mike pence, 2027488000 for joe biden and Kamala Harris. 2027488002 if you are undecided or support another candidate. If you text us, you can do so at 2027488003. Our Facebook Pages facebook. Com cspan. Those polls, one of them comes talks about social medias impact. Heres a result of the survey saying by Political Party, there slight while 83 to republi
Tesla come over the past three days, falling 18 . We have not seen that since the march selloff. We are kind of entering correction territory. Joe we saw a really incredible runup. For more, joining us, katie cry filled. A lot of people saying this was due, there were signs of this happening. Why didnt you tell us yesterday . This could have saved a lot of pain. It is a little frustrating because today it seems there is no real catalyst except for how stressed things god. Tech isn saying overvalued for weeks and months. Today is the first day that it has actually traded like it. 100s worste nasdaq drop since march. The high flyers were dragging the index down. Trying to press people for an , we have beenday seeing some worrisome signals from the Options Market in the last week. The fix and the nasdaq volatility index have been rising along with the index. You did see those warnings in the past week. Hadeems like that dynamic to break at some point. Caroline the joy of hindsight maybe w
Europe struggling economy. Monetary stimulus remains necessary to support the economy create coverage and to safeguard the medium term price stability. No warning from the International Air transport association revealed the delivery of any future product or acting will require some careful planning called it the largest single transport challenge ever we have a lot to get here so lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely monitoring inflation to reach a level close to but below 2 percent we will keep the key e. C. B. Interest rates unchanged. We expect them to remain at their present in lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to but below 2 percent weve been a projection. And such convergence has been consistently reflected in underlying inflation dynamics this comes as the euro continues to strengthen
Can he avoid the curse of rolling door leaders . And the s. E. C. Is examining electric truck maker nikola over a short sellers allegations of fraud. Our u. S. Futures are coming online. Flat at the moment after u. S. Stocks rose in the regular session. Stocks rebounded from blast last weeks selloff with the likes of high dimension, oracle, tiktok. Now, the dow ended at the highest level in more than a week. The s p 500 had every sector in green and was led by real estate and tech. Take a look at what oil is doing at the moment because its gaining ground and its above the 37 a barrel level. This after feeling the pressure in the new york session. Opec downgrading its outlook for the Global Oil Market and cut its Global Oil Demand forecast for each quarter to the end of 2021. This ahead of that meeting of ministers that will be held virtually to assess the curbs theyve implemented. We go to hong kong with more. This tuesday asian features are mixed. Trade numbers from india as well as i
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of