Small businesses. The airlines in dire situation. United and american saying they have to cut jobs, tens of thousands of them, as borders remain pretty much locked down. Yvonne you are seeing the president trying to do at least some damage control after he talked to negotiators to pull out of talks for a stimulus. Perhaps we are seeing some targeted measures. You have seen the market impact. The nasdaq and futures reversing the losses we were gaining. U. S. Futures are up. We will see if this bodes well for the rest of asia. If you look at the rest of the asia region, it looks like risk assets are looking less entire than the wall street session. We are seeing a bid for aussie against the japanese currency. When it comes to u. S. 10 year yield, we are holding steady, but the move up in yields on the announcement from trump. Stocks have been lower. Jakarta life coming back online. We are heading lower in jakarta. Hangseng up about 163 points. A touch higher for some markets. The rbi is
Today, david. David this no argue about it. We were supposed to have the second president ial debate last night. Instead we got dueling town hall meetings. One moderated by abc news George Stephanopoulos and form Vice President joe biden. The other Savannah Guthrie and featuring donald trump. The contrasts were sharp including the economy and the president s response to the coronavirus. President trump i now it was a big threat. At the same time i dont want to go out and say everybodys going to die. We make up 4 of the worlds population. We have 20 of the worlds deaths. We are in a situation where we have 210plus thousand people dead. Whats he doing . Nothing. President trump we had the greatest economy in the history of our country last year. Including the state of florida where we are now and pennsylvania and North Carolina and every place. We had the greatest economy we ever had. We had to close it down. We saved two million lives. We are opening it up. We have a vshape and its comi
Republicans and rankandfile members on capitol hill. Early this morning i was communicating with senior staffers in congress who are part of the socalled negotiations. They were perplexed about the president social media posting yesterday calling off the stimulus deal. Meanwhile Mitch Mcconnell reportedly saying he feels Speaker Pelosi has been disingenuous in terms of the piecemeal budget approach, calling for there to be more immediate stimulus. President trump says they would like to get more of a piecemeal approach, but it is unclear whether or not that will happen. David one thing that is clear is we will have a Vice President ial debate tonight. Is it going to be all about covid19 as a practical matter . Kevin that will likely be one of the 910 minute segments debate moderator susan page will likely discuss. She has not disclose the topic of the debate publicly or to either of the campaign. Meanwhile, the candidates as well as the moderater will be standing 12 feet three inches a
Story on the vaccine pause we were talking about with the cfo a little earlier on. We are waiting to see what news we get on the stimulus front as well. Brexit talks look like they are going nowhere. The s p is higher as we await news from apple. Day. Ve amazon prime the pound is lower, down by 0. 6 . The euro is softer as well. And there we go. We are watching the bdp trade the btp trade. This is we continue to see the redenomination trade factor into the btp market. Expectedue to see an further move from the ecb being factored into the btp market. How much further will it go . We will talk about that throughout the program. Alix as you were mentioning, countries across europe are widening curbs to get a grip on the fender mike thats on the pendant. In the on the pandemic. In the u. S. , there is still conversation about the election and pricing in a blue wave. Anwitiet more with dr. Bahuguna, Columbia Management head of multiasset strategy. Bahuguna thank you for having me on the sho
Carefully and pay a lot of attention to precedent. That is something professor barrett focused on a lot in her scholarship. She cares deeply about precedent and about the institution of the courts. I dont think she would be inclined to move the law very fast . Me a very david in some of the writings i have gotten a chance to look at, she has some skepticism about majority rule. She thinks when Congress Passes look at ithould because if it interferes potentially with individual rights. Tara that is right, but that in and of itself is a very commonly held view by a lot of individuals. Depending on who we are, we care about different rates, let all of us would like a federal judiciary to protect our individual rights from interference. Which things should be left to the political process. This apply to statutory rights as well as Constitutional Rights . We have the bill of rights to protect us. But when it comes to the statute that the congress has passed . Tara i think many members of th