Over the weekend an i. T. Firm said foot traffic in tokyo remained unchanged from a week earlier. Thats based on mobile phone data gathered with users consent. But there are far fewer visitors in Tourist Spots outside the capital compared to the november 23rd long weekend. The number of people was down 38 in china town south of to tokyo. People are also getting prepared for the new year holiday season. A shrine is selling new years lu lucky charms earlier than usual. I thought it would be better to visit now than over new ye s years. It will be so crowded and we need to be mindful of others. We cant aany infections from shrine, so i want people to visit between december and february so we dont see crowds over new years. Officials reported 1,425 new cases across the countrien on monday. More than 149,000 people in japan have been infected since the pandemic began. Over 2,100 people have died. The price tag of the tokyo listens and paralympics continues to rise after the games were postp
Credit spreads really came in a lot. Basically, this tugofwar. Do you look at nearterm challenges or 2021 . Jonathan looking forward to this conversation. Gershon distenfeld is with us. Good practice social distancing. You can take it off for the interview. Great to catch up. The shortterm risk versus the longterm risk. That is a part of the conversation at the moment. One thing that you said that is important, you cannot draw a hard distinction between the shortterm and longterm. Shortterm can actually shape the long term. Can you walk me through your thinking at the moment . Gershon absolutely. The mask is not what you think. It is a plea for you to come home. Know howuse we dont to run elections here doesnt mean that you cannot come home. You may have voted for brexit over there, but you dont really know what you are doing over there. Jonathan i dont think you want me to weigh in on the election right now. You dont need the view from london. I will come home soon. Can we start with
Lockdowns. New York Governor Andrew Cuomo is dismissing the Supreme Court ruling giving okay for large religious gatherings. This escalating debate, is the media too soft on team biden. I break it down in my latest wall street journal column, notice how the fawning media behave like lapdogs when it comes to looking at the biden camp. The vast and rising power of big tech. Facing backlash from the United States to the united kingdom, from claims to anticonservative bias to anticompetitive business models. To the border and the Trump Administration making a big last push to crack down on immigration as the Incoming Biden Administration prepares to roll back many of the trump teams most highprofile policies. Im gerry baker. In for elizabeth macdonald. The evening edit starts right now. Gerry the Biden Administration announcing key administrated tiff team and janet yellen as treasury secretary, and neera tanden, from a controversial think tank, he wants her to be head of office of manageme
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
But after the huge moves we have seen related to some of the vaccine news of late, this is a relatively quiet session. If you look at the headlines as well, the mnuchin and powell spat doesnt seem to have caused much aggravation during the market session thus far. Seeing weakness in the turkish lira today, but after that big move we saw yesterday by the work of central bank and the shift higher in the lira, people may be fading that move a little bit on some expectation that maybe erdogan will not stick with his recent decision to maybe go to more mainstream economics. Alix lets get to our top story, governments rushing to issue vaccine approval. The modernas that and Pfizer Biontech vaccines could be approved by december. If all proceeds with no problems, the conditional marketing authorization for biontech and mentor in a could happen as early as the second half of december 2020. Alix joining us now is sam fazeli. I love how she kind of couched it and said if. What are the options in