And citizens of all backgrounds. The cost of the biden shutdown would be measured in increased drug overdoses, depression, alcohol addiction, suicides, heart attacks, economic devastation, job loss, and much more. Joe bidens plan is not a solution to the virus, but rather its a surrender to the virus. [applause] my administration has a very different approach, to save as many lives as possible, we are focusing on the science, the facts, and the data. We are aggressively sheltering those at highest risk, especially the elderly, allowing lower risk americans to safely return to work and to school, and we want to see so many of open byeat states be democrats. We want them to be open. They have to be open. They have to get back to work. [applause] workhave to get back to and they have to get back to school. Most importantly, we are producing a record a vaccine in record time. Under operation warp speed, we have three different vaccines in the final stage of trials right now, years ahead of
And the state of the apartment rental market in new york city. Thursday, september 10, 2020 Worldwide Exchange on cnbc good morning, good afternoon, good evening wherever you are watching it is only thursday but feels like we already lived more than a week in the markets. Down one day, up in the next futures are in the red dow futures down nasdaq down 85 points right now. The nasdaq did bounce back yesterday. Up nearly 3 for its best day since april. 85 nasdaq 100 stocks finished higher on wednesday. Le led by gains in zoom and tesla. Tesla coming off its worst trading day ever those stocks fractionally down around the world, asia mostly higher after a rough day there european markets are just getting started. Julianna tatelbaum is standing by with more and some headlines. Good morning brian, good morning it looked like we were in for a positive session at the start of trade today but things have turned negative. We are looking at red across the board in europe. Yesterday, we did see a
Data likely to report a substantial fall in Second Quarter of gdp. It will confirm a first technical recession in 29 years. Raced shinzo abe after he set his plans. The backing of the ruling party. Voters have another view. Haidi we are just getting south korea Inflation Numbers crossing the bloomberg. Slightly more inflationary when it comes to consumer prices. When it comes. 7 to the year on your number for soft arena. Southxpectations korea. Beating expectations. 3 . The month on month number of. 7 . Betterthanexpected expectations. Cpi caore number year on year coming at. 8 . Continuing to edge up. Still shy of 1 that we are looking for. We are starting to see a recovery when it comes to domestic demand. The influence of supportive base effects. Hoping to lift the inflation somewhat. We have the renewed resurgence in virus cases in the letter half of the month, likely to be accounting for the fall. Energy costs still low compared to the previous year. They are picking up. That woul
Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially will trigger a change in investors sentiments. The geopolitical situation that we all know about the u. S. And china is going to the next level europe,ituation in which as we speak, is probably resolving but is still very complicated. Last but not least, the u. S. Election. According to our clients, 61 of our clients are thinking about changing their asset location post the election no matter who wins. Manus do you think that is holding them back, the election, overtraining and trade . Over china a