I wanted to point to the mexican peso. Has not moved much today but we are keeping an eye on the earthquake that struck the country. Now lets get a status report on the credit markets. 13 u. S. Companies sought bankruptcy parks section protection last week. It comes even with the intervention of the fed which has injected liquidity across the markets and given borrowers. For more insight, lets bring in srikanth sankaran. The last time we spoke, we were already seeing a calming in the credit markets. Where do we go from here now that the fed has backstopped entire curve in the credit market . Srikanth our thesis over the next 12 months is we get a grind tighter with respect to spreads. Our call is for credit markets to deliver positive exit returns across investmentgrade and highyield markets. Effectively, you want to be more selective, but at the end of the day, this is an environment where you have to look at rerisking portfolios in times of weakness rather than missing out when the m
Confidence to carry out the job former u. S. National security advisor john bolton is accuse of being a traitor by the secretary of States Office caving revelations about President Trump in his new book and we hear from corona virus survivors in the democratic republic of congo who say theyre being ostracized. Thank you very much for joining us china has charged 2 canadian men with spying for state secrets more than 18 months after they were 1st detained former diplomat michael cole very good businessman Michael Speight or have been held since december 28th they were arrested separately just days after huawei executive mungo was taken into custody in canada shes facing proceedings that could see her extradited to the u. S. On 4 charges that she knew is in beijing and has more on the charges against the 2 canadians. The cases of michael covered and Michael Speight will have now been handed over to chinese prosecutors is in beijing and the northeastern states Northeastern Province of. Re
Now to the lecture part of the program, i riskier tonight is william hitchcock, the author of the age of ice and how are in america and the world in the 19 fifties. Doctor hitchcock is the william professor of history in the university of virginia, where he focuses on international and diplomatic history, in particular the areas of the world war and the cold war. In addition to the age of eisenhower, hitchcock is the author of the bitter road to freedom, and you history of the liberation of europe, which was a Pulitzer Prize finalist. And the winner of the george prize, a financial best seller in the united kingdom. Following dr. Hitchcocks remarks, and compton who you all know will join doctor hitchcock in a conversation on this great biography and the 34th tremendous tour of the interstates. A pioneer of journalism in america, the first woman to cover the white house for network television, and was on the air for 41 years with abc news. Her longevity and impact our unparalleled. And
Waiting to be reunited father whos one of thousands of palestinian separated from his family for months as a result of covert 90. Sporters brazil the 2nd worst outbreak of coronavirus in the World Football returns to the pitch just meters away from a Field Hospital for covert 1000 patients. A former canadian diplomat and a businessman have been charged with spying in china in a case set to increase diplomatic tensions between the 2 countries now michael kors is being held in beijing and businessman michael spaceball was charged in a city near the north korean border and theyre both accused of spying for state secrets for its foreign entity both were detained in late 2018 soon after the arrest in canada of may 1 joe a Top Executive at the chinese tech giant wildly she is the daughter of ways found and shes facing extradition to the United States on 4 charges if you trade with iran now those developments come as a strain as Prime Minister says that a state based actor is behind a major c
Somebody suggested that the last week. Lets start with the markets. Just a remarkable year already but it is hard to believe that the last few sessions, with weve seen with this market is really nothing. It has sort of been sideways. The nasdaq of course has been on a remarkable one but even those gains have not been as large as they were initially before. I want to go to two of my favorites to get an overall assessment for what they think. This is well drip lower and violate key support points or were waiting for the right catalyst, the right spark to send us into the next leg higher. I want to bring in shah balani and che levine. Shah, it is great for the market to go sideways. Were knot accustomed to that this year. I think the reason it is sideways now, charles. The market is taking a breather in here. The trend has been clearly up. All of the days when the market has been up the volume has been great. On down days the volume slept off. That is only positive time. The reversal last