Equity futures lower on the ftse. The s p 500 went down. Bid into the bond market. Into the bond market we go, negative almost 60 basis points on a 10 year. Its like a throwback to our days together five years ago. There is some weight to this. Good morning. Annmarie certainly, it is. Were so excited to have you back. An absolute gladbac bloodbath, nymex dropping below 39 as the resurgence of cases in europe not going to bode well on the demand side. The supplyside worried about libyan oil barrels. Softer. A bit this is the prospect of fresh stimulus. That helped treasury yields rise. Jonathan thank you. Lets get the first word news this morning. We can do that with laura wright. Laura china is laying out a new plan for Economic Growth this week in beijing. President xi jinping is holding a meeting to decide on the next fiveyear plan. Its expected to focus on technological innovation, economic selfreliance, and the environment. But the event is closed to the press. Key decisions wont b
Richard we think the additional fiscal support will likely be needed. I think, it is very clear that the cares act, which passed in march was a historic government response to a historic crisis. A thrill that a 3 billion dollar package provided significant support to the economy. The economy has made a lot of progress, about 11 million jobs have returned, but there is a deep hole. Steve, theng us is portfolio manager. I wonder if you can piece those two things those two things together. It seems like there is still a rotation. Fed official after fed official are calling for more fiscal stimulus that we will not get. Steve i think we are going to get it, but not before the election, because i think it is a political football, and now you have the Supreme Court battle that will show us that will suck all of the air out of the room. After the election, or in the new congress if one side or the other scores a victory. You will get additional fiscal support. I think it makes sense, the econ
Is china backing up its growing power with economic and Political Coalition thats an accusation being leveled in australia europe and washington so is there a line between acting like a great power and taking things too far this is inside story. Hello and welcome to the program. I just rent bide your time that famous phrase from chinas communist leader Deng Xiaoping governed its Foreign Policy for decades but not anymore and its current president xi jinping beijing has become an active somewhat say aggressive player on the global stage when china banned pork imports from germany the official reason was african swine fever but it was also seen as a warning to the German Government to not join u. S. Pressure on china australias products were also blocked off that officials there called for an investigation into beijings handling of the coronavirus and none of this is new namely a year ago u. S. Secretary of state mike accused china of using coercion as a state craft tall beijings Foreign
President s promise america 1st policy triggered a trade war that morphed into a technological war continues on al jazeera. Is china backing up its growing power with economic and Political Coalition thats an accusation being leveled in australia europe and washington so is there a line between acting like a great power and taking things too far this is inside story. Hello and welcome to the program i mean ron can i just rent bide your time that famous phrase from chinas communist leader Deng Xiaoping governed its Foreign Policy for decades but not anymore and its current president xi jinping beijing has become an active some would say aggressive player on the global stage when china banned pork imports from germany the official reason was african swine fever but it was also seen as a warning to the German Government to not join u. S. Pressure on china australias products were also blocked after the fish was there called for an investigation into beijings handling of the corona virus a
Is china backing up its growing power with economic and Political Coalition thats an accusation being leveled in australia europe and washington so is there a line between acting like a great power and taking things too far this is inside story. Hello and welcome to the program. I just strength by your time that famous phrase from chinas communist leader Deng Xiaoping governed its Foreign Policy for decades but not anymore and its current president xi jinping beijing has become an active some would say aggressive player on the global stage when china and pull imports from germany the official reason was african swine fever but it was also seen as a warning to the German Government to not join u. S. Pressure on china australias products were also blocked off officials there called for an investigation into beijings handling of the coronavirus and none of this is new namely a year ago u. S. Secretary of state mike pump accused china of using coercion as a state craft tall beijings Foreig