Will airlines survive the pandemics economic wrath . And dont become a victim. Real estate wire fraud. It seemed too good to be true. Home buyers devastated by a sophisticated hacking scheme. And then, i called lindsey and i said weve been robbed. Live, from cnbc global headquarters, the facts, the truth, the news, with shepherd smith. Good evening. The covid surge weve been hearing about. The fall winter uptick its here. It started as a trickle. Then, as a stream. Now, its a flood. This new wave or whatever you want to call it is right, this minute nobodys told us we see it, so we are reporting it look at this this is a new covid Field Hospital at the wisconsin state fair it opened, today, for recovering patients, so theres room for new ones in strained hospitals well go there, live remember, it was central park, back in the spring, in new york city now, its the wisconsin state fair and look at this map in minnesota, the National Guard called out to help with Nursing Homes on opposite
Changing condition. Futures point higher in sydney and tokyo. The yen holding back. Almost everybody is softbank thinks the group taking a Group Private is a bad idea. We will look about the chances of such moves actually happening. Lets take a look at how we are kicking off trading in sydney. It is a public holiday. But we do still have the cash 4 in thep about 0. First two minutes. This comes on a busy week for australian traders. The budget where we are expecting to see assumptions made about a vaccine becoming available and we are also getting a report that is trillion is set to further lift that that australia is such a for the lift that debt ceiling with 4 billion u. S. Dollars with the debt ceiling being lifted higher to 1. 1 trillion. Looking at the aussie dollar ahead of the all be a. We are expecting no change. Markets are significantly pricing and now another rate cut. Before the end of the year. Dollar trading at 71. 67. In new zealand, two weeks out from the election. Kiwi
Thanks for joining us. My name is alex meriwether. Onbehalf of harbors bookstore im pleased to introduce tonight talk with Thomas Levenson presenting his new book money for nothing the scientists and corrupt politicians who reinvented money , panicked and nation and made the world rich. Professor levinson is joined by david dobbs. Through Virtual Events like tonights, Harvard Bookstore continues to bring authors and their work to our community and our new digital community. Find our Event Schedule at harvard. Com events where you can sign up for our newsletter and shopper shelves from home. This evening discussion will conclude for some time for your questions. If you have a question speakers go to the q and a box to submit a question at any time during the discussion. We will come to it at the end of the talk and work on answering as many of your questions as timeallows. And in just a moment ill post the harvard. Com link to purchase money for nothing in the chat box your purchases an
I see london, i see france, i see you in your underpants i always hated that diddy when i was a kid but you know what . It perfectly describes todays actions. Sellers caught with their pants down tipping just. 15 . Yep, this morning investors saw london and they saw france, not to mention milan and madrid. Specifically the europeans getting hammered as covid back on the continent they figured wed import those losses from europe so they furiously sold their stocks to get out ahead of the weakness. Many of these jokers probably trading in their pajamas the feet with the dr. Dentons. Panic pretenders here dumped shares at a 10 1 ratio, meaning there were 10 shares for sale or down for every 1 share someone was trying to buy. Now the late, great mark haines, one of cnbcs finest, always used that 10 1 ratio to call bottoms, including the generational bottom that he nailed in march of 2009. When the ratio sellers to buyers is 10 1 hed say you have to hold your nose and buy because that kind
Well. We are watching what is going on with individual indices. Hong kong coming back and a big way after that long holiday. Hang seng up more than 300 points. The nikkei 225 up more than 1. 3 . At this point, seeing positive signs of drug and his recovery, although there has been mixed messages about what treatment he is getting, the timeline of his diagnosis as well. We are looking at risk aversion trade that we saw on friday,. Hich were gaining not doing a whole lot here this morning. Moving on 70 basis points. Seeing the reversal from friday, ozzie gaining and the yen, which additionally i despite, it it kit. 1900 after that 4 brent crude just below 40 a barrel. Watching fx, watching the dollar, pretty steady this morning as well. The pound seems to be holding onto the gains as well, brexit set for a showdown at the eu summit. Aussie and your revenue be holding on the firstlets get world headlines. Republican leader Mitch Mcconnell says the fasttrack schedule of the Supreme Court t