Rising by 2000s a day. A vaccine on the horizon. The u. S. Could approve the pfizer shot as early as thursday. Secretary alex azar says all americans who want a vaccine should be able to get one next year. Azar we will focus on the front lines with the initial 40 million doses in the next month, and we will progressively keep adding more and more people. Be thinking in the februarymarch time frame you are going to see more general vaccinations. The Second Quarter of next year, we will have enough vaccine for everyone who wants it. Is dr. Georgeme rutherford, university of california San Francisco professor of epidemiology. You are in california, locking down as of yesterday. Give me some perspective. What is going on on the ground . How bad is it . Dr. Rutherford this week, we are having more cases than we have ever had. The icus are starting to fill up. Fresno and bakersfield, los angeles, metropolitan Southern California the icu capacity is below 15 . It is very, very problematic and
3, 2, 1. This hearing will now come to order. Is in a hybrid format and the hearing room has been configured to maintain the recommended six foot social distancing between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. , a those joining remotely few videoconferencing reminders which you should be familiar with at this point. Once you start speaking, there will be a slight delay before your display on the screen. To minimize background noise, click the mute button until it is returned to speak or ask questions. Issue,e is a technology we will move to the next senator until it is resolved. I remind senators and our witnesses the fiveminute clock still applies. Those remote should have on your screen one of the boxes labeled clock which will show how much time is remaining. Weve had some trouble getting those boxes to everyone screen or at least getting everybody to be able to find them and follow them. We are going
About its new travel quarantine, which was just rereclarified again by the county in the past hour. Nbc bay areas robert handa was at todays announcement and why its so crucial to get moving on it. Reporter the race is on as the Public Health Department Works to keep its vaccine and quarantine plans on track, even as covid cases surge. Whether its a vaccine or a travel quarantine, its all about trying to stop what Public Health calls a chain of transmission. The latest numbers show parts of the south bay running out of hospital beds. We are especially concerned because none of the hospitals serving south county and East San Jose had more than five icu beds available as of yesterday. Reporter the downy submitted its vaccine plan to the state detailing how it will distribute and administer vaccinations. There are some difficult logistics, including that necessary ultra cold Storage Units are now only being set up to store the vaccines at 70 degrees below zero. Dr. Jennifer tong says they
Green shoots rhetoric. What makes it interesting going into november, the financials had already been up 30 out of the march low, plus the yield curve has, in. The yield curve has come in. It is puzzling why the banks are up so much. It has to do with the narrative of the traders and investors buying cyclical stocks on the potential for strong recovery. Guy i will cheat david i will cheat. You and i talk when we are not on television. What is going on with the yen . Abigail those are some of my favorite conversations because we can move back and forth. The yen does bring attention to itself over last year. It is up about 4 . When you have stocks at alltime highs, you have bonds at record highs, although folks will say the fed the yen is a pure play haven. Over the last year, up about 4 . Some traders might like the fact that stocks are higher, but theyre probably hedging for the possibility there could be choppiness ahead. That is true for the vix. The vix is still above 20. That is in
North carolina, and ohio whether we will get a clear result tonight remains to be seen the tenyear note level higher than since early june. Banks among the best performing stocks in the dow and the s p. Oil prices are gaining ground but the Energy Sector is the only in the red. Overall a broad based strong day on wall street. Following gains yesterday as well lets get straight to the big stories we are watching. Mike santoli is here watching the market rally. And ylan moi is following the all important balance of power in the senate for us mike santoli, welcome. Good twoday run in the markets. It is inhabiting the ground we were in the last half of last week and gone right to the middle 3,400 is the middle of the long threemonth range. If you think about it it has taken two days to lift the indexes back onto a balanced footing. We were pretty oversold last week challenged and tested the september lows bounced off of that today. Make sure folks are not leaning too much in one direction