Percent for the year that was earlier in december before the end of the year so were still looking back at that time going to comparison some 899. 00 youre. Indicating or inferring bubble like qualities i would imagine and it does look bubblicious you know but these are the rest of the world is a dire straits other you know also think about it the venezuelan stock market was up spectacularly recently since you said that im going to jump ahead to some a few another tweet tweet here to indicate what might be happening the rest of the world might be in distress but the fact is the u. S. Federal reserve bank has been printing enormous amounts of money and its going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last 2. 00 weeks the 2019 here were in 20202020 but theyre still printing the last 2 weeks of 21000. 00 a printed 450000000000. 00 their assets at thei
Of low pressure working its way gcioss of low pressure working its way across the uk today. Thats going to bring some very strong winds, with just potentially up to 80 mph for parts of southern england. Some heavy rain and the forecast as well. Ill have all the details in the next half an hour. It is saturday 2 november. Our top story the wait is almost over. In just a few hours time, england will take on south africa in a historic Rugby World Cup final injapan. Thousands of england fans have made the journey to the stadium in yokohama, with millions more expected to watch and listen to the game here. It is the first time england have reached the final since 2007. Adam wild reports. It is the games guest prize. Both england and south africa knowjust what victory feels like. Both desperate to go there again. The teams of 2019 now carry that weight of hope and of expectation. England, on the other side of the world, with a chance to showjust how far they have come. Weve had four years to
Be off the table stocks set to open lower. Underperforming, a status check on the now not so hot ipo market. And the nbas china headache, one managers tweet about hong kong sparking a business backlash and political firestorm. The dow and the s p now in the midst of a threeweek loss, despite a friday rally, which was the best one day performance since august were set for a lower open china reportedly looking for a limited trade agreement when talks begin with the u. S. Later this week. This bloomberg piece, guys, talking about how dont expect massive agreement this week, but who knows. Still early. Well, conflicting reports out of i felt the Administration Last week. On friday, larry kudlow, chief economic adviser, said, there could be some good things. But if you look at the agenda of what the president wants, it is the exact opposite of what the chinese said to bloomberg. President s hoping to see an end to the deal, intellectual property, hoping to see the end of the technology tran
4. 0127. Todays auction, the 30 year treasury. We will follow that as soon as the headlines roll across. Bloomberg u. S. Dollar index down today. 1 . Oil coming down as well. 83. 14 per barrel. When it comes to the inflation data that we saw this morning, a blackrock representative gave us his take. Guest serious progress on inflation for now. That cannot be ignored. Take a step back and this is what we will need to deal with over the next few months, this will be a roller coaster. Matt chief u. S. Economist at t. Rowe price joins us now. What was your take on what looks like a pretty victorious number for the fed . Guest thank you for having me today. I would say there was a lot in this report that the fed and inflation forecasters will like. Two months in a row where inflation was behaving like used to before the pandemic. In particular, im encouraged by the progress we are seeing in core goods inflation. Deflationary momentum is continuing. It looks like it will be sustained. We sou
Very difficult to say what it is around. Thank you, bob, for the latest from the scene. From bbc midlands today. Six people have died. A bit ofa a bit of a disappointing afternoon across england and wales, area of low pressure moving slowly east. Fairly breezy with the rain as it spreads east. Behind it, skies brightening up nicely for scotland and northern ireland, despite the temperatures dropping, sunshine to compensate. Cold in eastern parts, particularly east anglia. The rain will clear this evening and overnight it will be dry and clear with light winds. Another chilly one. Mist and fog too. We start off monday on a fine and dry note, chilly but sunshine to compensate. Cloud in the north and west. A bit breezier too. Most places seeing single figures, on the poolside. It will be replaced by milder air over next m the headlines. Iigfiifilfifi w after a multi vehicle crash in birmingham. The incident, by the underpass at bristol road, involved several vehicles. The government w