The move in Interest Rates, the impact, if any, it could have on that tech trade. Josh, ten year, 78 basis points, 30year highest since june is this going to be a big risk for that growth trade . Im not sure. It certainly could be. But heres the way that i think we want to think about this. If you go back to february of 2018, that is when the curve peaked, right . Then we had several scarce where we thould we would have a thought we would have a yield curve above those levels but were not there and every time we gotten to that level weve had a big fade what i do think is happening now that is notable, theres a big catchup under way, Small Cap Value is on fire Small Cap Value of 5. 5 over the last three days and large cap tech is not giving up much while thats happening it possible you could have both things working at once i still think that if you get the big cap tech names hanging up there toward highs and not serving as a source of cash and then you get this big catchup trade in the
Andake your phone calls text messages. Later West Virginia senator shelley capital joins us. 8 00 p. M. After eastern last night, the first day of questions concluded for Supreme Court nominee judge Amy Coney Barrett. The second and final day of questions begins at 9 00 a. M. Eastern. They will be 20 minute rounds as opposed yesterdays 30 minutes. Welcome to washington journal on this wednesday, october 14. Starting at 9 00 in the Senate Judiciary committee, so a two hour program devoted to hearing from you and your reaction on what you heard from judge merrick yesterday. Here is how lines break up this morning. If you support the nominee, the line is 202 7488000. If you oppose her nomination, 202 7488001. If you are undecided about it, 202 7488002 send us a text. That line, 202 7488003. Make sure you include your name and where you are texting from. On twitter, we are cspanwj. It is facebook. Com cspan. As we have done over the last couple days, we will go over the committee. We shoul
All. Taking back. To. The program. European countries have begun imposing new restrictions on public and private life as they struggle to cope with steep increases in corona virus infections with europes highest coronavirus death toll the u. K. Has unveiled a new 3 tier lockdown system closing pubs gyms and betting shops in englands highest risk areas while Northern Irelands Regional Government has just imposed europes hottest 2nd wave restrictions the Czech Republic has imposed a state of emergency new restrictions came into place today closing all schools past restaurants and clubs and the netherlands is returning to partial lockdown at closing Restaurants Hotels and cafes for 2 weeks. It was what the Hospitality Industry was dreading most a return to lockdown from midnight restaurants bars and cafes in the netherlands must shut their doors for 4 weeks. Masks to will no be mandatory in indoor public spaces the government says it was left with little choice in the face of spiraling in
Economic hardship to follow as they head for which there are no easy fixes. Well germany is a coronavirus caseload is also increasing rapidly 5000 new coronavirus cases have been recorded in a single day the highest number seen here since april but with growing confusion over different sets of rules across the country 16 states german chancellor Angela Merkel is meeting state leaders to find a more effective approach meanwhile her Health Minister has his own message for the public. Germanys Health Minister on getting a flu shot setting an example as he called on the public to get vaccinated as called in 1000 cases right in the country the flu season is also beginning sponsored its important to keep the flu so people say out of hospitals and the German Health system isnt overwhelmed. A lot of people fill it with coven 19 and on top of that a lot of people get the flu especially since they are 2 respiratory diseases with similar symptoms then our Health Care System can reach its limits.
Coronavirus restrictions seem to change by the week critics say there are too many different rules which often make no sense and the European Union agrees to slap sanctions on russia for the poisoning of Opposition Leader a late scene evolved in germany and france say the evidence leads all the way to moscow. And its good to have you with us we begin tonight with the woman who could be the next u. S. Supreme Court Justice the United States has begun the process of filling the vacant seat on the countrys top court and cementing a conservative majority there just before novembers president ial elections and republicans are rushing to confirm President Trumps nominee amy coney bericht today the senate began 4 days of questioning on her positions on Health Care Abortion and gun rights her nomination has sparked a partisan fight here over filling Vacant Supreme Court seats in election year. Greeting the committee for the 1st time barry said it was an honor to be nominated if approved there