The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro
The dow as the president says the u. S. Government should take a cut of its deal. Apple inches toward a 2 trillion market cap. The price were looking for to hit that level is 4. 6777 about 27 above where we are now. Apple is up 1 today gold topping 2,000 an ounce for the first time ever. The precious metal is up as the market attempts to price in a postpandemic recovery, there are new signs the road back could be longer and bumpier than experts think steve is digging into the data good afternoon. Even if the forecast of economists for the strong second half ebound pans out, the u. S. Economy is still going to be in the e kwif lenquivalent of a reb year end the Unemployment Rate forecast decline from 11. 1 now to 9. 8 by december. Look at those numbers and the 9. 8 Unemployment Rate would make it the third highest among recessions we have done a good job of taking it down from 15 . It would be e clipted by the surgeon jobless followed by the 81 and 08 recessions. Charlie evans talking t
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
There, how soon will she go into an eatery . If they are open right now, i am going right now. Hopefully we will increase the sales and people come in and enjoy themselves. The safety of our employees and community and being the first one out of the gate, we have to be more cautious than everyone else to make sure we get this right. That is why a restaurant and bar open to saturday. For our staff, for our community, for our guests that come in the door, for our purveyors, we really want to make sure that when we do open, we dont have to close again in a couple weeks because we have done it irresponsibly. Wineries and tasting rooms remain ordered closed. We do look forward to further relaxation as the Health Officials allows and does the state allows. The chef owner, a local favorite, will wait to open in a week or so because so much is at stake. It is not so much just the restaurants but the supplier chain, the wineries. I think for everyone restaurant, there is 40 businesses that are
Readers. Thank you, everyone. Its such a pleasure to be here and ive really enjoyed this opopportunity to talk to you about the by far the most peculiar book ive ever written in a longshot. I hope to share that with you today as well as frame some of the questions and issues that it raises. This is a book of one how and several competing whys. The how is, h would you go about creating a digital equivalent for currency, cash and coin . This is a significant technical challenge. You need to create an object trivial to transact, impossible to forge. It must be easy to verify to prove it is what it claims to be under conditions and con saints for all kinds of people and it must be able to carry the information about what it is and what its worth without generating information about how its used for by whom. And it has to do this on platforms, networks a and machines that generate effectively perfect copies and transaction laws and records in their very functioning. In other words, figuring