You have run one of these. You know what a gargantuan task it is. How difficult is it because we have been delayed getting it started . Valerie needlessly hard. The president elects team has been assembled, they have been working diligently on policy and staffing recommendations for the president elect, both in the white house and in the cabinet. Withe midst of a pandemic, millions of americans losing their jobs, it is more important than ever the agencies be available to the Transition Team. I always say one of the things that surprised me with president obamas transition was the unbelievable degree of cooperation we received from president bush. We may not agree with him on but whathat what president bush believed is a smooth and orderly transition from power. When president obama was leaving, he did the same thing in his direction for President Trump. This is not about politics, is about keeping our country safe and healthy. There is about but a focused on the Daily Briefing the pre
Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
Indicating it. We are a few days in december, and clearly we get no respite for the holidays. There is no question about that. An extraordinary 46 minute video from the president last night, hugely commented on in washington. Attorney general barr, you wonder how he gets through the weekend with the president. I agree with you, this french issue is not a small matter. Memory of if in the that macron decided to rip a page out of the textbook from 30 years ago. Francine we will have a lot more on the dynamics of europe and france, but lets get straight to bloomberg first written with with rickets with or take a group with ritika gupta. Nancy pelosi and Chuck Schumer are backing a bipartisan stimulus plan. They see the proposal from house and Senate Lawmakers with a new round of negotiations. The plan calls for 908 billion dollars in spending, less than what democrats want, increased from the number being floated by Senate Majority leader mitch mcconnell. The u. S. Has had its deadliest d
The last 24 hours. Tom what is interesting is the microanalysis of france or germany. Interesting conclusions. Heres what matters. Hospitalization capacity and the number of deaths is front and center for the pros. Jonathan and for market participants, desensitized by the numbers, conditions by the experience of earlier in spring. Markets that if that markets go up, and if they policymakers step in. Tom it is real simple here. Yes, all of that is true, but. Lso noted, a society adapting stimulus may be, the adoption of a set of vaccines, but also corporations adjusting to try to better 2021. Jonathan lets hope we get some better economic data. 8 30 eastern, jobless claims just around the corner. We got from 3m this morning. They are going to cut 3 of their staff, 2900 jobs. This comes amid the concern, how much can we see these terrible pandemic numbers without longerterm impact on that future outlook in 2021 . At 8 00 a. M. , we are getting the rest of the opec meeting on out cuts on
As this book continues they are grateful for your continued support so we hope youll also consider making a donation. You can do it online or text donate, heres the number. 415 329 4231. 4153294231 and you can text the word donate tothat number. Id also like to thank the foundation for supporting todays good little event. I like the name of that. It is my pleasure right now, my just overwhelming, deep , i cant even tell you how much i love this woman, its my Church Welcome my dear friend sunny hostin, any awardwinning legal journalist and cohost. I worked with sonny for many years and we talked about likeisters and brothers we fight and its almost read her new book is called, here it is. I am thestruths. Its a memoir of identity, just and living between worlds. Its a revealing look at her really incredible story. Sonny grew up in thesouth bronx and through hard work , determination and her parents and family she obtained a law degree. She went on to become a federal prosecutor and was