Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next year brining the total spending agreement upwards of 2 tri
Yields crumble this move lower has huge implications on commodities, rates and multinational stocks tim, you say this is the sloppiest chart in the market right now. Why . This has not been orderly sloppy for the dollar is not something we should feel confident about. In the shortterm, i think the dollar is oversold i think we could see the dollar bounce a bit but i think this trend is intact i think its supported by some of the fiscal dynamics and really also a current account surplus in europe that people kind of forget about and banks that are a bit better in europe. What does this mean for oil . We forget that oil was really the asset class that led us down into the abyss this was a sunday evening when people were concerned about the rest of the world and you saw that saudi and russia were not going to deal with oil prices. What it meant for asset prices around the world and certainly for hard assets is very dramatic oil is the last to recover these charts have been consolidating.
Against massive protests demanding his resignation. Theyre on their way back to planet earth the astronauts launched by space x. Are set to return home with the 1st u. S. Splash down in 45 years. With all the sporting clothing playing formula one. In the wind the bridge is called matic style. People around the world are facing the prospect of new coronavirus lock downs and restrictions that as the number of infections grows rapidly and governments struggle to contain the spread of the virus globally the number of confirmed cases is edging ever closer to 18000000 many countries once thought to have been in control. The outbreak of seeing a surge in infections it hong kong for example hospitals are reaching their capacity as it battles a socalled 3rd wave now Health Workers from Mainland China have been sent in to help but as dear to pollen reports now their arrival is causing concern. Hundreds of beds ready for patients a whole next to the International Airport once used for exhibitions
119 new cases were confirmed in tokyo on monday. The increase brings the total number of confirmed cases to more than 8,000 in the city of 14 million people. Many of the recent cases are young people who work at or have visited night life districts. But officials have confirmed Group Infections in other areas too. A total of 27 children and staff at a nursery in central tokyo have been infected. At a theater, 16 actors, 5 staff members, and 9 patrons are also among the latest numbers. Clustered infections were confirmed at two hospitals near tokyo. Translator some cases may be derived from night life districts, but there are invisible threads of infection at other places. I believe Community Transmission is beginning to occur on the local level. He says japan should gradually resume social and Economic Activities while closely monitoring the situation. In okinawa, 98 people connected to the u. S. Military have been infected including 71 from the futenma air station. More than 22,000 pe
Cornelia and also fairfield some very gusty winds this afternoon. We have some 30 mile an hour gusts just in the last 3 hours here and still in the court is some of those to 22 Miles Per Hour right now as you make your way into fremont well we had windy conditions in the afternoon. Although those start to calm down a little bit now as theyre dropping down to 7, 8, Miles Per Hour. But were going to see more of that smoke continue to filter into places Like Union City fremont this fire continues tonight and into hayward so certainly by tomorrow morning. The smell of smoke in and around this area, those winds start to calm down nothing really to mix out some of that smoke for the south theyre also going to be dealing with some smoke, theres fire starting yesterday this the crews fire c gilroy here the winds not that strong this afternoon, although you get up in the Mountain Range is certainly in the Higher Elevations you generally get some stronger winds to whip around the fire and thats