For the electric. Read the auto and mobility show. Lets talk about speed after 45 years of sporty driving that is much of the world ships to electric transport v. W. Still work pull the plug on its turbo charged. You can race in it you can race and formulate me without any tailpipe emissions as if the future of formula one week agree but. Lets talk slow breath checks out 3 camper vans at the beach not the middle. Strap in for another highly mobile edition of red. The question today is very short standing here near the new folks walking growth. Is so sensible to build such a powerful and Combustion Engine car in times from folks have been focused totally on electric mobility. With already roaming the cities i did 3 about to hit the market and the id for coming in the near future the gas reliant golf in g. T. I feel its a little out of place. So what does it have to offer to make up for that sometimes its not so bad being not 20 anymore for me it was great to be a small boy in 19 summer
Interesting. I think probably a little too early to worry, given where the 10 years right now. Lisa never too early to worry. Jonathan the hyatt is about 90 basis points. We are in the middle. Theres a little bit of concern about oversupply, particularly at the long end, but two governments issued longterm hours. The last few the other was apple and president tim cook. [laughter] it is the 40 year portion that i think is getting the attention. It is about the Duration Risk people are willing to take. Lisa people are saying that perhaps demand for that offering took away from the u. S. Government. You do have to wonder, and i think this is a question a growing number of strategists are asking him selves, at what point does the fed start to get worried, step in and say we have to up our purchases of treasuries in order to suppress bond yields . ,onathan ppi came in hotter jobless claims came in better than expected. We round things out this morning with u. S. Retail sales. Ive got to say
A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had that shake out going into the close. Julia, david faber mentioning last hour the passing of Sumner Redstone, a legend in the content world. Coin that phrase content is king. Has a bit of feeling the end of an era, of course, he lived well into his 90s but what are your thoughts on what a figure like Sumner Redstone meant in his prime and who is defining this era right now. Well, certainly, jon. He was the ultimate media mobile of that raera. He was responsible for the consolidation of so much con
They say that they are going to begin a phase three trial later this month, but until they have that data, and they havent published any of the early data either, the long term effects and the safety of the vaccine remain unclear ive been talking with experts this morning from the childrens hones hospital of philadelphia and he says that there is no way that they could have any evidence that the vaccine works at this point. And it is based on technology that is not dissimilar from what other Vaccine Developers are working on, essentially using two other harmless viruses to ferry genetic material from the coronavirus to produce a immune response against it. J j is pursuing one vector using that same approach so not a lot known about this and experts are concerned that russia is approving this before they know if the vaccine can really protect people and if there are any safety concerns that would turn up when the vaccine is administered to more people they say in the United States and o
The house Newt Gingrich offers his thoughts on why donald trump should be reelected with his book trump and the american future, solving the great problems of our time. Watch booktv on cspan2 this weekend. Welcome to the Manhattan Institute webcast on race, riots and the police. Thank you for joining us for this important and timely conversation. Im jason riley, a senior fellow at the Manhattan Institute. Throughout the program please enter your question on any of the platforms you are watching us on and we will either wrap them into the discussion or save them for the q and a at the end of this event. I want to let you know that before we get started but more important for timely conversation, since the death of george floyd in Police Custody last month we see nationwide unrest, protests not only here in america but internationally in a certain narrative take hold that starts with the assumption the only way to view George Floyds death is through a racial lens lose all the accounts be