Since the beginning of september. As investors try to move toward the Health Care Part of the economy, it is creating choppy trading action as we can see with todays mixed action similar to yesterdays big move, lots of volatility. David we have all been fixated with the election, and some with covid19 and the vaccine. You pointed out something that happened in august that may be having ripple effects in the equity markets right now. It seems as though the surface issues, the very important issues, the election and the virus, a huge issue that can change the field. It seems that what we are seeing is a repricing of risk. In august, the feds policy framework shift back in august ,eeping rates lower for longer especially the short end of the curve, but putting the sentiment towards the idea of inflation or healthier economy, that has steepened the yield curve tremendously, again a repricing of risk. This is healthy, but when the yield curve steepens it does cause lots of different Asset C
Individual sacrifices and in many parts of europe and in north america in particular there are many things that each of us can do the decisions that we make every day about avoiding crowded spaces about avoiding in close settings for prolonged periods of time about postponing some of those gatherings that we may want to have an exact of faces that we all have to make. And pharmaceutical giant pfizer says its late stage hope in 1000 vaccine trial is nearly fully enrolled the company is phase 3 trial is just 2000 volunteers shy of the 44000 needed the company said during an Earnings Call Tuesday Morning pfizer and biotechs drug is viewed as one of the worlds most promising vaccine candidates while the company had said it hoped to have data on the efficacy of the vaccine by the end of this month during the call pfizer c. E. O. Albert borlase said this of the situation in case of a conclusive readout we will inform the public as soon as we complete the necessary administrative work which w
Largest economy later on well dig into the ruling and what issues lie ahead in the dispute with a packed show today so lets dive right in. And we lead the program with the latest warning from the Global Health officials as the world continues to deal with the latest surge in coal but 900 cases with the latest wave the World Health Organization on monday said that while reimposing Strict Lockdown measures may be needed to slow the spread of the virus these actions can be avoided if everyone does their part i think we have to. Look at that very seriously in the context of the European Union in the context of the region as a whole theres a lot of Free Movement and therefore those principles it may require and shutting down and restricting movement and having stay at home orders in order to take the heat out of this phase of the pandemic we can avoid National Lockdowns we can avoid massive restrictive movements if everyone plays their part it means individual sacrifices and in many parts o
Ago the most in any 7 days stretch since the beginning of the pandemic brant now deaths there are also up 14 percent with 534. 00 new deaths reported on monday now anticipate seeing a lot more deaths being reported in the coming days because thats tend to rise a few weeks after a rise of infections meanwhile the number of people hospitalized with kovan 1000 is also on a 2 month high which has been straining Health Care Systems in this several states now theres also a increase in new cases surging in the midwest right now michigan wisconsin nebraska there are 3 states where cases are rising very quickly meanwhile new cases in michigan have more than doubled in the last week while nebraska and wisconsin both have one of the highest rates of test positivity in. In the nation brant now outside of the us right now at least 7 countries 5 of them in europe have reported record highs and average daily new cases now as of tuesday 4 pm theres been at least 8700000 confirmed cases in europe with
Coronavirus impact on the nations Food Industry, Small Business can be heard from representatives of the industry on supply chain issues, loss of customers, perishable food than facility cleaning and maintenance, this is just over 90 minutes. I call this hearing to order. Without objection the chair is authorized to declare recess at any time. I think everyone especially our witnesses for joining us today for our committees private hearing. I want to note some important requirement. Let me begin by saying the Committee Rules and practice continue to fly during hybrid proceedings. Members are reminded they are expected to adhere to these rules including decorum. During the period designated by the speaker the committee will operate in accordance with House Resolution 965 under subsequent guidance from the rules committee in a manner that respects the rights of all members to participate. House regulation requires members to be visible through video connection throughout the proceedings