Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
Amazon reaches its war worst level 12 years. And in support of european champions, byron munich are in need to continue a record breaking ride in bahrain take on athletic, obliterated looking to extend their Champions League winning streak to 16 matches for the race to rule. Later. Corona virus vaccine is accelerating with pharmaceutical Companies Seeking emergency approval. In many countries fires around by on track of the latest to ascii, you, regulators to sign off on their vaccine review should be finished. Going to center 29th, which means it could be available by the end of the month or distributes it, distributing this vaccine to every corner of the globe is being called the mission of the century. Multiple times forces are working or its the logistics for mobilizing fergusons of cargo flights to build and deep freeze storage sites. Meanwhile, in the United States, 15 Public Health experts holding an emergency meeting to decide which americans will get the 1st doses of vaccine s
Safe thasgiving, it was far from the traditionalgathering with family and friends. I hope you had a good thanksgiving. We know times are tough but i wanted to know help is on the way. Last week i announced the nominations of staff for a critical Foreign Policy positions. The first rate team thats going to keep us safe and secure and today i have the pleasure of announcing key nominatis appointed to the critical economic positions that will lead this nation. A first rate team thats going to get us through this ongoing onomic crisis and helps build an economy not just better than it was before. A team thats tested and expeenced that includes groundbrking americans that come from different backgrounds and share my core vision of econic relief here in the United States of america. To give them a fair shot and equal ance, theres nothing beyond the capacity of the American People. Lets not forget who built this country, workingclass and middleclass people built this country and unions built
Tom keane taking one final day off. This market ripping through the month of november, adding weight to the rally this december. Lisa up 1 on what . Nothing it seems ahead of this testimony with chairman powell and secretary ma nuche chin. Lisa tom keen is so upset hes still in triple leverage all cash funds had he to take the time out to start his own Cooking Channel on twitter which is what he seems to be doing over the past few days. There is a question how much good news is baked in. We have gotten some news about vaccines looking for approval. Yet at this point, you have raised this again and again, john, how much scarring is there from record numbers of cases of covid, as well as hospitalizations. The numbers keep breaking all time highs. Jonathan the numbers arent going to be great the next couple months. Thats a given. I dont know how much we need to see thats really going to weigh on people considering how well anchored their outlook is for 2021. Vaccinations could begin in a
Coronavirus cases surging by the day. Where the bay area stands. Lynn is on assignment. The entire bay area is in the states most restrictive purple tier except marin county. Emily turner reports on the likelihood of marin slipping from the red. Marin county is the last remaining holdout where you can actually work out inside. It is the purple tier living in the future and businesses are having to get ready to pivot yet again. Is a tiny island of red in a sea of purple. At least for now. Marin county helps as it is a matter of time until it joins the crowd in the most restrictive reopening tier. Dr. Mark will assess the move to come as soon as monday. The factors are driving case rates around the u. S. And imuran in terms of the weather and social gatherings, etc. It is not if, he says, but when the move happens. The retail and shopping can operate a 25 capacity. And Everything Else is relegated to the outside only. Including gyms like fitness sf. That means we have to keep pivot again