Europe, up by 2. 5 . Todays number from barclays, very strong. We are going to hear from jes staley a little later in the program, our interview from early round. The pound bouncing around all over the place. We were into 1. 31. I think this is broad Dollar Strength rather than anything else. Take a look at the bloomberg dollar index. Alix rising covid cases impacting the economic data. Composite pmi for the euro area dropping below the 50 mark, which shows contraction. Meeting. O ecbs next joining us is john hardy, Saxo Bank Head of fx strategy. Does 1. 18 make sense for when you consider the rising uncertainty . John of course, the pressure should be on the downside given the covid resurgence. I think the general take on the could be that if we are seeing this democrat sweep scenario, we are positioning for a weaker dollar for some time in the future. Anything looks fair between 1. 17, and to me, this is the upper area of where we should be. We shouldnt be doing anything and eurodoll
It to such a pleasure to speak about your book try washington and we the people. Im going to get into the idea of revolution, you say in the book america has been through divisive. Before some followers that we are living through today, with the hindsight of history, we can see them as inflection points, the transitional period between old system that is broken down in anyone with information, are we at an inflection point, absolutely, we are right in the middle of it, to the best example, in 2016 the republican primary, it was a real civil war and the Republican Party that the establishment of republicans represented by jeb bush and others did not get the nomination, did not get the support of the other people, those revolutionary donald trump, the democrats are going to the same thing right now, theyre having a civil war in their party, is it going to be the traditional democrats, is it going to be some outsider, socialist, i think that is indicative and the fact that it just doesnt
A democratic strategist he joins us from maryland hi larry its great to be with you ok joe whats behind this trip of Human Services secretary alex aids are going to taiwan. The delegation visit to taiwan is significant because its part of a trend right now that we see from the Trump Administration of provoking china in many regards and we are watching the slow to move towards a cold war now with china which is very dangerous for our National Security and deeply problematic but its also very political in certainly heading into the 2020 election where President Trump is trying to define himself as dance i cant im a candidate and joe biden is the pro china candidate and how do you see that playing out. I think that the American People are very wise about understanding that china while the source of the krona virus there in china is not the cause of the catastrophe we have here at home in terms of managing the coronavirus and President Trump is trying to tell you that together but its not
The isolation community. Are you going the right way or are you being led so. Direct. What is true what is faith. In a world corrupted you need to descend. To join us in the depths. For a mate in the shallowest. Join me every thursday on the alec simon show and ill be speaking to guests of the world of politics sports business im show business ill see you then. The trumpet administration is sending its highest level delegation to taiwan which is angering china why now and what will the trip mean for american chinese well ations well take a look at that on this is. The politicking on larry king it was announced this week that u. S. Health and Human Services secretary alex a czar will soon lead a delegation to taiwan the announce one has angered china which considers taiwan a rogue province so whats behind the timing of this trip and once his impact on american chinese relations lets start there with joel rubin former Deputy Assistant secretary of state in the Obama Administration and a
Assistant secretary of state in the Obama Administration and a democratic strategist he joins us from maryland hi larry its great to be with you ok joe whats behind this trip of Human Services secretary alexanders are going to taiwan the delegation visit to taiwan is significant because its part of a trend right now that we see from the Trump Administration of provoking china in many regards and we are watching the slow to move towards a cold war now with china which is very dangerous for our National Security and deeply problematic but its also very political in certainly heading into the 2020 election where President Trump is trying to define himself as Dance Academy candidate and joe biden as the pro china candidate and how do you see that playing out. I think that the American People are very wise about understanding that china while the source of the krona virus there in china is not the cause of the catastrophe we have here at home in terms of managing the coronavirus and Preside