Election results. Anyone whos running for office can exhaust concerns about counting. In any court, there will be a smooth transition to a 2nd term of nutrition. Right, were ready. The world is watching. Whats taking place that were going to come all the votes. When the process is complete, will be electors selected. Theres a process, the constitution lays it out pretty clearly. The health care system, Republican Leaders do not want to take a nice trunk space, which they urgently need in georgia, where 2 republican senators face run offs in january. The republican majority in the senate is on the line. It is time past time for Republican Leaders to stand up and say, we should accept the results of this election. And i continue to work with colleagues to urge them to do so. They call me to say, you know, congratulations, please convey my well wishes to the president elect. But i cant say that publicly yet. Thats might be because despite losing trump managed to mobilize 7000000 more vote
We . President trump threatened to release the full tape of his 60 minutes interview before the edited version and sunday night. He wants to show the leslie, interviewer was hostile and dismissed allegations of hunter biden as unverified. The media stacks the deck against the president. 60 minutes also interviewed joe biden. I wonder if he was asked about the emails which are being confirmed by fox that suggest china paid off the bidens with millions of dollars. So far he has not answered those questions publicly. He should because we may be electing a president under the influence of chinese money. Theres another court ruling that could they an election result in North Carolina absentee ballots may be counted 9 days after election day so long as they were mailed by november 3rd. Pennsylvania counted the count deadline by 3 days. Bottom line, if its close theyll be a delay. And if theres a delay, itll be contested and thats when things getting usually. Its time we dealt with your money
States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Or is the cost of this whole thing i mean democrats of come. Not a little bit this latest you know bill that they put forth about 2. 00 trillion do
The banking index very much under pressure. Names like bnp paribas dragging at lower. Rising case count likely to put pressure economically on europe. That is going to feed back into the Banking Sector. By 0. 4 . S up arodollar now trading with 1. 16 handle. We are down by 0. 4 . Alix as you were talking about travel restrictions and lockdown light, european leaders grappling with how to bring the virus under control. Hospitalizations are climbing following a surgeon cases. There are concerns about madrid being overwhelmed at a hospital level. Joining us is maria tadeo from brussels. Walk us through what we might see over the next 48 hours. Maria thats right. There isnt a single approach here from every european country from every european government. Every country is doing this differently. France had a record 16,000 cases. Of course, that is much higher than a neighboring country like italy or germany, which the french government keeps repeating that they dont want to go for a nation
Profits would benefit under that scenario. Tom what is the theoretical justification now for owning such a low coupon . Caroline so this is the big debate, isnt it . Beijing provides stability in portfolios when you do get the downturns, the bonds still act in that manner. With the help of that perspective, in terms of our preferences in the bond space, going to areas where youre getting more yield, so emerging market bonds, for example, where the income is a bit more attractive. Are, theok at where we reset in q4. Is this a moment of drama for you in terms of reset and reallocation, or is it a q4 steady as she goes . Caroline i think it is important to have a continual rebound and seeing portfolios throughout the year on a regular basis as markets move. Whether we are into one quarter or another doesnt matter so much. We have had the peak economic upping if you like from the virus lockdown, so that is quite helpful, but it will fade as we go forward. But our expectation is that we ret