31 was exceptionally important. I spoke to the vice chairman yesterday, and hes really enthused about expanding on a lot of this monetary mumbojumbo. It is an important speech, but the backdrop, you nailed this weeks ago, is the massive case build up in the United Kingdom that the Prime Minister talked about yesterday. Im sorry, the landscape changed yesterday when he went out to march of 2021. Jonathan the outlook for europe gets a little bit worse. The data on the Services Side backing that up. From my perspective for the Federal Reserve, the message they want to send if things get the message they want said, if things get better they want to send, if things get better. Tom how many times will we mention it . Jonathan i lost count. Lisa, will you count it . Lisa no, but im going to let tom know that. Tom 47 times. Lisa there you go, 47 times we mentioned fiscal stimulus. Jonathan just to clear this up for our listeners, our audience worldwide, tom keene has not counted how any times.
Tom keene, Jonathan Ferro off today, both playing hooky as we get ready for the long Labor Day Weekend in the United States. Im lucky, though. Paul sweeney, my former cohost on bloomberg radio, joining us today. It is so telling that we are showing an image of washington, d. C. Because it was too cloudy in new york city, and perhaps that is a metaphor right now. Very cloudy in new york city for the future for a lot of things. Very much the focus on washington, d. C. As people wait for some signs of fiscal support , as people wait for some signs of just how contested this election in november is going to be. Paul i think all eyes are going to be turning towards washington. This is then thetion, more nearterm fiscal stimulus. The question is, does this economy need more . A lot of folks are saying yes, but we need to get congress back at the bargaining table. They seem to be pretty far apart at this point. Lisa we will find out. Right now, markets unfazed. They are indicated to open at n
We shifte weeks where from recovering east coast cities with all of our bias there to the rest of america. It is not a pretty picture. What i find fascinating is axios moments ago features new mexico and oregon, where others are featuring arizona and texas. It is a state they are, a state here. I dont buy the second wave stuff. It just sums up to an expanded pandemic. Jonathan for real it is a moment for real humidity. Not a moment to project for real humility. Not a moment to project confidence. I think it was pretty clear in yesterdays News Conference the fed is not going to do any tightening anytime soon. Tom i sort of blew it yesterday. You know i am not a fan of the dot plot, and i never looked at dots on the bloomberg. It looks like an old line hockey stick from my youth. To 2022. T out and then miraculously, Interest Rates elevate somewhere out there longer term. I dont buy it for a minute. Of a heada bit scratcher for me as well. Lisa abramowicz, which got to talk about the dat
Thanksa list yesterday to amazon packages. Yesterday was a key point for the nasdaq at 9000 word we also have a record high. 9000. We also have a record high with apple. A good litmus test when it comes to risk. Ecb Commission President that they may be having to have an extension for the transition. Itiing up, we speak to the c chief u. S. Economist and get his outlook for 2020. Lets get straight to first word news in new york city. Israel wheren Benjamin Netanyahu fought off challenges to his leadership. He won a landslide in the race to lead his party. He will lead it into israels third election. It comes amidst an election scandal for the Prime Minister. He has recently been indicted on charges of bribery and fraud. The transition for the u. K. s exit may need to be extended, according to ursula von the lion. According to ursula. She says the plan to secure a trade deal by the end of 2020 is optimistic. And a false alarm japans estate broadcaster, who mistakenly issued at alert say
Upside we are seeing and some of the other parts of the Continental European market. And with perspective, it seems to be one of those days where the markets are looking on the bright side. He saw that in the Asian Session and the futures, and the u. S. Futures pointing higher. I do say we see some areas of red. We have been focusing on the scandinavian financials and have had some reports this morning, so we will see, but elsewhere, matt, i see a lot of red on the board. On thereat deal of red board. It seems the market just wants to go higher this morning. Matt yes, and we do see a lot of scandinavian movers who have put out earnings today for one reason or another. The big movers to the upside, if you take a look at a number of stocks gaining, 409. The number of stocks losing 159. This to percentage movers, anna, so we will see a difference. I did this because a couple of the Earnings Companies are not big Market Movers but still making a lot of headways, so there is a logistics com