National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crude prices, which did rise, gasoline hitting the five month
Gusts as high as 30 miles per hour. Temperatures a little cooler than we have been our warmest temperatures inland only in the mid 80s for your daytime highs, 60s and 70s remaining study out along the coast and the bay. Daria thanks a lot and its 7 oclock. The big story is the coronavirus spike a record breaking cases in the u. S. Triggering rollbacks now in nearly all the states including here in california yesterday starting mention the most infections recorded in a single day california. Yeah leading the way 9700 cases reported texas not far behind they showed 8,000 and in total according to Johns Hopkins universitys latest daily numbers more than 50,000 cases across the country yesterday. The total number of positive cases then now grossed 2. 6 million. Since the beginning of this pandemic more than a 128,000 people have lost their lives and experts are worried if things dont turn around at some point soon. We could eventually see a 100,000 new cases each and every day. So heres a
A. Full hour in traffic plummeted an entire continent into chaos and violence. This is the journey back into the history of slavery. I think we will truly be making progress when we all accept the used to have slavery as all of our history. Our documentary series slavery routes starts march 9th on g. W. Its the story that will go away from Consumer Behavior to market movements the coronavirus continues to dominate the world does not Ask Companies see profits wiped away no make this in the United States approves a plan to fight the ad break lets take a closer look at whats on the state. Also coming up try getting your hands on face box or how sometimes are in germany shelves are empty out shoppers for. Not anti some of the worlds most fairytale destinations are waking up to the reality of declining tourism from china. This instead of the business line Kate Ferguson welcome the u. S. House of representatives has approved a plan to spend more than 8000000000. 00 on fighting the coronaviru
Or console the times are in germany shelves are empty out the shops for the 4th time to buy. On time some of the worlds most fairytale destinations are waking up to the reality of declining tourism from china. This is state of the business im Kate Ferguson welcome the u. S. House of representatives has approved a plan to spend more than 8000000000. 00 on fighting the coronavirus a large portion of the funds will be spent on Vaccine Research a further 430000000. 00 will go on overseas aid meanwhile the International Monetary fund has pledged 50000000000. 00 for countries hit by the epidemic its managing director says the situation is serious. The impact and then we have more dyess in our use we are considering unfortunately we have moved in the territory of this more. We also know that we have a sound Financial System much more resilient than it was before the Global Financial crisis. And one industry thats really feeling the pinch at the moment is aviation earlier love tons honest it w
2020. People want the year to be over. They are looking forward to next year. We are just not there yet. There are significant risks on the horizon. There are still some scabs, wounds here. December 15 is looming. I dont know if there will be a trade deal. We dont know how many more phases we could get. Anything could go wrong at this point. We dont want to end the year on a mediocre note. We need to see the data come through in order to pop the champagne and call the all clear. Jonathan the year is not over yet. Joining me around the table, oksana aronov, george rusnak, and greg peters. Greg, lets begin with you. A real yearend feel to so many discussions weve been having. How do you have a 2020 call before 2019 is even over . Greg people want to look forward just to look forward. There is such a focus on seasonality. Like the calendar really matters. I dont think so. I dont know why there is such a focus, everything is pulled forward. It is like having christmas commercials before ha