Citigroup names james frazer Ceo Jane Fraser ceo, making her the first woman to run a wall street bank. Good morning. A massive milestone on wall street. The first female to run a major wall street bank. Is this a High Water Mark . It is a crack in the glass ceiling. We have a lot to cover this morning. Covid cases are kicking up, brexit drama, and, of course, no stimulus bill yet. Nasdaq yesterday closing down 2 , a crack in the tech rebound. Futures are up. 01 this morning. Here are your stoxx 50 futures in europe, showing a slower start. Down nearly 0. 3 . In the eurodollar, 1. 18. What lagarde said about the euro, not too worried, she seemed. Joining us now is janet mui, investment director at Brewin Dolphin. Good morning to you. I want to start with what is going on with the tech rebound we are seeing. I was looking at the bullinger, and you can see the nasdaq unable to get rid of that breakout of the midrange. Is this a signal of more erosion or will stocks start to trade sideway
Hold onto a recent rebound and global stocks head for a second week of losses. The European Union is giving Boris Johnson until the end of the month to back down on his controversial brexit bill. Cable holds at 1. 28. And citigroup names jane fraser ceo, making her the first woman to run a major wall street bank. She faces the challenge that alluded her predecessors, boosting the banks profitability in line with its rivals. Just under an hour away from the start of cash trading in europe. Lets take a look at where futures are pointing here on the dax, ftse, and euro stoxx 50. Futures all pointing down, although slightly lowered right now, with ftse futures off by about 0. 3 . Take a look at u. S. Futures quickly after the drops we saw yesterday, almost 2 drops. We have a bouncing futures bounce in futures. Anna lets have a look at some data out of the u. K. We are getting monthly gdp data. The u. K. Economy growing by 6. 6 in july. It is almost in line with the estimate of 6. 7 . No su
Theyll raise that question what if. We get every kid to follow 3 simple rules graduate from High School Get a job and continue work and dont have children tell youre 21 and right now we walked out at the entire country and we classified people according to whether they broke all those rules or they followed one or 2 or all 3 of the rules the results are astounding. So i started talking to judges and lawyers and doctors and Health Providers and interviewing people and literally asked thousands of people how many of you had the course istria part of the United States and. We are segregated in america by social class if you just think about it would a middle class people hang out with. Most middle class people dont know someone in poverty by 1st name foot in down to dinner together. Today millions of American Families are caught in circumstances beyond their control. Their children will be compelled to live lives of poverty unless the cycle is broken. President johnsons war on poverty has
Throughout the course istria part of the United States and. We are segregated in america by social class but heres think about it who the middle class people hang out with. Most middle class people dont know someone in poverty by 1st name and fit in down to dinner together. Today millions of American Families are caught in circumstances beyond their control. Their children will be compelled to live lives of poverty unless the cycle is broken. President johnsons war on poverty has this one goal to provide everyone a chance to grow and make his own way and. I think everything in life thats important really lives in the grey like theres no black and white theres this gray how do we make it more clear of what the problem is there are so many different Life Experiences of poverty and we dont have a real clear definition of the federal government doesnt it. They say if your family is more needed right about. To take care of your family for a year in 2000 does that mean that if youre making m
Is broken. President johnsons war on poverty has this one goal to provide everyone a chance to grow and make his own way. I think everything in life thats important really lives in the grey like theres no black and white this is great how do we make it more clear of what the problem is there are so many different Life Experiences of poverty and we dont have a clear definition of the federal government doesnt have the definition they say if your family is more right about. To take care of your family for a year in 2000 does that mean that if youre making more youre not in red and that thats not the case i think the most difficult challenge. Of your current predicament. Of course people cannot contribute to the nation if they are never taught to read or write. If their bodies are stunted from hunger. If their sickness going on him didnt get their life to spare him hopeless poverty just drawing a welfare check. So we rafted from the goodies to opportunity. Were also going to give all our