Now because you are only the second wealthiest man in the world, right . Many companies are racing for a vaccine. This ceo is emma wants me. Has a vaccine that will help cure covid 19. How me times a day to people ask you when youre vaccine will be available . Regularis a very question. Have alluently, we been delighted to see the very recent years that some of the first results coming through on vaccines. Yesterday, i was on a call last globalith 10 of the pharmacy ceos that are heavily involved in bringing solutions to covid. We are excited and optimistic to see the first data come through and looking forward to seeing more come through in the next six months or so. We have three vaccines and the clinic and to therapeutic treatments. Everyone is understandably inpatient. We wipe off with the pandemic 500 billion of value with the world. I think that we can be increasingly optimistic that the science will win. Mobilizedry that has so fast it will start to bring Scale Solutions and we
261,000 americans of lost their lives due to the virus. Almost 13 million cases have been recorded in the country california just saw the biggest singleday increase in covid cases since the beginning of the pandemic in the last 24 hours, california has appointed more than 18,000 new cases. The States Health Department Says hospitalizations are up 88 over the last 2 weeks and icu admissions are up 57 over the last 2 weeks in total there are more than a million recorded cases in california and nearly 19,000 related deaths as cases continue to surge across california and the Latin X Community has become the hardest hit from the virus today Santa Clara County leaders issued a desperate plea for the Latin Community in particular to avoid large gatherings this thanksgiving well for Jonathan Mccall is here he has more on this story Jonathan Demme can heres something to keep in mind 26 of the population in Santa Clara County hispanic. They now make up nearly 60 of all the covid19 cases their l
Friends who wanted to visit on thanksgiving, they were out of town and looking for a place to stay and. I work with children so you can the around to meet people i guess its what Public Health officials have been pleading for people to stay home and take precautions this Holiday Season Record Number of air travelers already took to the skies calculating their risk area, san miguel of concord is not planning to travel by air or cause any of them its scary, i think everybody to be safe. But im looking forward to seeing family weve been getting says pretty often so were on the same page about things 95 of travelers are expected to be driving this Holiday Season, according to aaa officer brandon korea with the california Highway Patrol says while overall the roads in the bay area have been slow during the pandemic. Speeding has been a problems like speeding down that is a completely avoidable part of the crash is your speed you can control that right to encourage safe travel officers will
Lashing today over how their companies handled 2020 election. Heck out few hours indicating a decline as we await october retail Sales Numbers out this morning at 8 30 a. M. Dow industrials down 88, nasdaq is up 14 and s p 500 lower by 14. Record day in wall street to start the week yesterday, dow finishing at its first alltime high in 9 months boosted by the positive news on modernas phase 3 vaccine trials. At the close up 471 points, nasdaq up 95, almost 1 and s p higher by 41, better than 1 . Big day for retail earnings, walmart and kohls and home depot all reporting this morning, we will have the numbers as soon as they give hit the tape. Holidays in digital world. Zoom is helping you and your family out if youre planning on a virtual turkey day, its making a buzz, mornings with maria is live right now. Maria home depot earnings hitting the tape right now and european markets are lower, cac quarante down 9, dax index lower by 25, take a look at home depot numbers, revenue above exp
Kind of takes the relief trade, if you will, out of the treasury market. Have a vaccine but have to deal with the rising case counts. Its difficult for Bond Investors to show no caution to the wind. Think about what actually has the chance to survive. Jeff rosenberg is joining us right now. What a week it has been in the market, tested in several fronts. Lets talk about credit first. We have the fed and the treasury having a little bit of a spat over the emergency programs introduced this year. I have to say this market has responded quite well to it. What was your take . The the most important of support measures are not affected, these were not used very much. They were most effective on announcement date, not much uptake. The market is seeing through that, and its a little bit less of a significant Market Reaction because it is less of a significant issue, if those support measures were to fall away. Pointsn as my colleague out, hasnt harmed the appetite for debt. We have been tryin