Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
We will bring you fast money trades straight ahead. We start off with a zombie ap k apocalypse on wall street. Many icons are among the walking dead like macys carnival, delta. Nearly 200 companies have joined the zombie rank since march. Total debt obligations nearing 1. 4 trillion dollars a lot of these names are names we talk about trading on this show how should we start thinking about this before we get into the walking dead, i want to point out, a great job by our crack staff leading with the cranberry zombie, and delores was the founder of the zombie. I may have gone with Something Like this if the crack staff is listening. We are now two minutes into the show its important to point this out because folks at home are paying attention apparently more important than actually trading our first topic in what is known as the ablock of the show. Its not more important its important we will talk about ablock and Zombie Companies last night we talked about macys and we talked about the
Plus Perus Congress chooses a former World Bank Official to be the countrys new president. Its 3rd this week. And al jazeera obtains recordings of one of the worlds most wanted men, trying to negotiate him. Unity from prosecution. And in sports reigning champions, algeria and qualified for the africa cup of nations. The desert fox is advance despite being held to a 22. 00 draw by zimbabwe in harare. Theres more good news in the battle against covert 19, but also warnings to the world to not to let down its guard as infections continue to soar. The u. S. Pharmaceutical firm modernists says early results from trials show its facts in is 94 points. 5 percent effective. Far exceeding expectations. We have about 20000000. 00 doses of vaccine by the end of this year. And were looking forward to making about 500000000. 00 to a 1000000000 doses next year. But that is going to be a 247 operation. It wont be maternal, it wont solve this problem. Its going to require many vaccines as weve been sa
Market. President trump intensifying already intense travel schedule eight days before the election. Where is joe biden. Liz peek calling his very bad week. The senate will confirm amy barrett to the Supreme Court today. She was impact immediately on everything from health care to the election. All that and so much more on making money. Charles so last week the stock market struck gelled to gain traction, right . We saw it every session. Despite amazing earnings ruts with revenues and earnings significantly above the historic average in terms of beats, positive guidance is at a record high. It has never been that high. Were stocks priced for perfection . We saw the headlines. Theyre blaming soaring covid19 cases. Fading hopes for fiscal stimulus, all for the market which stumbled big time out of the gate and hasnt recovered. There may be Something Else at play although i admit i cant put my finger on it. Investors are bracing for the super bowl on thursday, biggest names report electio
The coronavirus pandemic and judicial reform. The high cost of families more loved ones as on the diplomatic front a cease fire between azerbaijan and armenia fultons. The us President Donald Trump has resumed campaigning after being forced to suspend all events when he tested positive for covert 19 hes been rallying supporters in florida there is back on the campaign trail he just wrapped up a speech after talking for about an hour it took the stage just hours after the white house thought to confirm that he had tested negative for the virus. All right so lets get to i got to get used to following the events of that rally as donald trump greets his adoring supporters behind in the polls is seemingly with is all to do and the florida very much a key state. Yeah and he was in Central Florida nic which is a really key part of the biggest battleground state in this nation but if youre watching this right tonight as a medical professional someone from the center for Disease Control and pre