Where the world of politics meets the world of business. I owe you a word of explanation. We had some technical problems. For those of you on television, you got to see some charts for a bit. Now we are off and running. The first president ial debate takes place in ohio tonight. Kevin cirilli is on the scene in cleveland. Great to have you there. Before we get into the substance of what might be discussed, set the stage. Who will be there, what kind of arena is it, what are the rules moderator chris wallet Chris Wallace will have to enforce . Kevin 90 minutes, uninterrupted , the first time President Trump and go but it will go headtohead and both are giving clues about their strategy based upon who they are surrounding themselves with. Room given then social distance guidelines. Congressman tim ryan, a central democrat, and another centrist democrat in battleground states of ohio and pennsylvania will be meanwhile,den, and we are learning some conservatives in the farright movement of
Environment which was lax when it came to normal, standard procedures associated with covid, wearing a mask, social distancing, trying to take as much outdoors as you can, and working from home. And none of those things were Standard Operating Procedures at the white house. I think that the American Public is getting a look at, when you take risks, you are going to have to pay the piper, and thats whats happening. David before any of this happened, one of the Big Questions in the election coming up just a month from now was, do we trust President Trump more than we trust former Vice President biden to handle this crisis . The president was already behind in most of the polls on that score. We are getting conflicting, sometimes ambiguous or confusing briefings from his doctor at walter reed. There was a lot of working things walking things back. We also saw the president get into his suv, a closed and contained suv, with two secret service agents, to drive past the people inside. He say
The Supreme Court, and health care. With me throughout the night are bloomberg contributors rick davis, partner at Stone Court Capital and jeanie, professor of Political Science at iona college. The economy, both candidates have been in debates before. Vice president pence against tim kaine four years ago. And senator harris against all the other Democratic Candidates for president earlier this year. And this is what they have had to say about the economy in prior debates. In the wake of a season where American Families are struggling in this economy, under the weight of higher taxes and obamacare and the war on coal and the stifling avalanche of regulation coming out of this administration, Hillary Clinton and tim kaine want more of the same. And youre measuring this greatness of this economy of yours, and he talks about the stock market. Well, thats fine if you own stocks. So many families in america do not. David ric davis, what we just heard from Vice President pence in that last f
Wearing, sanitation, ventilation, separation, we are not going to get a handle on this to be able to fully open our economy and our schools in our society. That is what has been ignored by the administration. That is what we must insist upon in this package. It has been another bills but they have not acted upon the resources in a way science would demand. That said come on the subject of the airlines, ive made the case to my colleagues this is a special case because in order for airline employees to return to the workforce, there are National Security concerns, there are concerns about certification and all the rest of that, not somebody leaving a job and coming back to a job, but having to qualified could take a couple of years for a pilot, six months for a flight attendant, six i think we should pay special attention to that. We should not do that and lose all leverage to do Everything Else we have in the bill, which is to crush the virus, honor our heroes, put money in the pockets
Going on. European Equities Trading higher , up by 0. 9 . The Energy Stocks are doing relatively well today. U. S. Equities are also pushing higher, up by zero point percent on the s p 0. 6 on the s p. The cable right around 1. 29. The consensus seems to be at the moment that we are nudging towards the possibility of a deal. Then lets talk about what is happening on the periphery. Greek bond yields hitting a record low today on the 10 year. You are seeing spread compression when it comes to italy. The market is worried about spain, but nevertheless, the idea of redenomination risks fading, this rescue deal which may or may not be on, and the possibility of more qe all combining. We will talk about whether that is a real refraction a real reflection of where risk lies in europe. Alix and the virus cases all over europe leads to the view on the economics, spain versus greece etc. The u. K. Also preparing new curbs that could shut down pubs and restaurants as early as next week. Bloomberg