California joins texas reaching one million infections. Picking a statement, President Trump bands investments and firms controlled by chinas military as u. S. Election Officials Say the vote was the most secure in american history. Welcome to the program, happy friday morning. Under one hour until the start of the cash equity trading session in europe. We have a mixed picture in futures. European futures looked negative. Yesterday u. S. And european stocks dropped around concern to the extent we may see new lockdown measures in the United States. We have a futures picture where europe is weaker, wanting to play catchup with latterday losses in the United States. U. S. Futures. 2 the upside. U. S. Futures point two the upside. Nasdaq futures are treated like havens during the coronavirus. Lets look where we are across the broader assets, weakness in china. President trump in the last few months of his presidency, focusing on the things he can still act on. China mobile and telecom fall
For you and not a lot of time. This hour is going to fly by. Toms book is really a fantastic read and but i do think folks especially in the United States are going to find the book controversial, thats a great thing about about because if a book doesnt generate conversation, then it may not be worth reading. This is a Glass Half Full story of chinas economy and the management of the Financial System. Box offered at a time when u. S. China relations are declining and attacks from all different corners in the United States of chinas system are going. There is this argument that chinas economy, how it manages that economy is incompatible with the International System and as a result of the u. S. And others need to reduce their exposure to chinas unique risk. The book tries to answer the question, how did china managed to do it, how they managed to continue to grow without a major financial crisis. And can they keep it up . Im going to turn the floor over to tom in just a minute, he will
Get started now. Folks are still arriving which is fine. But we want to get started because weve got a fantastic program for you and not a lot of time. This hour is going to flyby. Toms book is really a fantastic read. But i do think that folks especially in the United States are going to find the book controversial. Thats a great thing about a book. If the book doesnt generate a conversation then it may not be worth reading. This is a glass halffull story about chinas economy in the management of the Financial System. Its offered at a time when u. S. China relations are declining. And attacks from all different corners in the United States of china system are growing. And theres this argument that chinas economy, how it manages that economy, is incompatible with the international system. And as a result the u. S. And others need to reduce their exposure to chinas unique risk. The book tries to answer the question, how did china japan should do it . How did they manage to continue to g
We are going to go ahead and get started now. Folks are still arriving, which is fine. But we want to get started because we have a fantastic program for you and not a lot of time this hour is going to fly by. The book is a fantastic read and i think folks especially in the United States going to find that controversial and that is the great thing about the book. It doesnt generate a conversation that i may not be worth reading. But this is a Glass Half Full story of chinas economy and the management of the Financial System and that is offered at a time when u. S. China relations are declining and attacks from all different corners in the United States of the system are growing the business argument that the economy and how it damages the economy is incompatible with the International System and as a result of the u. S. And others need to reduce their exposure to these unique risks. The book tries to answer the question how did china managed to do it, to continue to grow without a majo
Down nine basis points. Europe is jumpy holding onto positive territory. Who knows . Brexit conversations throughout this week. Coming up later in the hour, we are going to speak to gregory poland of the mayo clinic to get his perspective on the latest vaccine trial results from astrazeneca and pfizer. What does it actually mean for the market . Eu leaders are reconvening about premuch now for stimulus negotiations in brussels. The goal to seal the deal signaled that they are ready to agree on 390 billion euros of funding be made available. German chancellor Angela Merkel sounded optimistic earlier. Night, wealks last worked out a framework for possible agreement. Perhaps today an agreement will be made. Is underground for us. You have been covering this from the beginning. We understand there is a lower provision for grant and loan guarantees. Are they going to have people checking . Is there going to be an Advisory Board . What i would say is the mood has changed over the past hour.