Moving news from all around the world. Delhi, newg to new jersey and washington come our bloomberg voices are on the ground todays top stories. In asia, you had the pboc lowering the rate it charges on shorterterm loans to lenders. Index added 150 billion yuan into the banking system. Joining us is tom mackenzie. Is this the start of an easing cycle, or a shortterm term liquidity crunch into the new year . Tom it seems like more of a shortterm liquidity crunch. We are looking ahead to january, what it looks like you will get a withdrawal of cash out of the Financial System here of about 450 billion. They take that liquidity out ahead of the chinese new year, which comes in towards the end of january. It does seem like it is more of a seasonal effect. More broadly in the economy, credit has been tightening. We saw today from the pboc was some gradual measures to try and address this queasy liquidity, and a couple of basis points and a sevenday reverse repo as well. About 28ly, you got b
South small chance of a shower on friday look at the low 90s l from st. Louis too almost made a run at 90. Thats a were going with today. We mentioned mostly sunny skies into the middle 70s pain noono time today eightday forecast coming up traffic time mostontik about in the studio. We are following breaking news a tragic story out of will host the two yearold died after foley out the 11 they found a child unresponsive in the area there looking into candidates are very busy with seemingly nonstop appearances its donald trump making another start good morning everyone. Its a busy day here. D mo we did see they just brought brought in bomb sniffing dogs. Expected to be at the doesntde this morningng matter what Political Party your this man may wind up being the next president of the united states. The Africanamerican Community trying to change the many ofof them have been very outspoken town hall discussion those goese that on ten support is is thes message rs africanamerican voters. We
Dramatic rescue caught on tape, Orlando Police officers seizing a woman from a burning car. You dont want to miss this. The boardroom battle at yahoo heats up, hedge fund removing the entire board of directors was what this means for Marissa Mayers turnaround plan and Company Stock which is indicated higher. Markets weakest overnight in asia, stronger dollar has investors pulling back with declines across the board. In europe mining stocks, energy stocks, and numb 1. 5 , they are all lower as you can see. Futures indicate a lower start to trading, Dow Jones Industrial average indicated down 65 points, we have Economic Data later this morning, readings on durable goods orders and jobless claims, we bring you that data. Dagan mcdowell, wall street we coast Anthony Scaramucci and Morgan Ortegas. We have a cant miss lineup, Trump Campaign chairman is with us and leave babin is with us, and carlos in studio, all that coming up. We begin with top stories, latest on the bombings in brussels.
Orange and red which is an indication that 23 states are seeing a rising trend of new cases including 5 with 50 more new infections compared to last week and this rise is happening as the weather is getting colder, driving people indoors where coronavirus at a much higher risk of spreading and flu season is weeks away and the u. S. Stuck at nearly 40,000 cases a day. There is encouraging news on this race for the vaccine. Moderna ceo saying that his attempt could know by november if his vaccine candidate works. He is the second ceo, the other one being pfizers, to suggest a target date before the year is over. Base plan, most critical plan is november. Thats what we are saying for many months, our best possible outcome would be october. Calculate how many people will get the disease with a vaccine, how many people get the disease on placebo to calculate the efficacy and 50 efficacy in the vaccines to consider the application for approval. There are more than 196,000 deaths from the cor
[applause] thank you. That was a wonderful introduction. I started this book back in 2003 so its been a a tenyear odyssey but the seed for this book was actually planted many years earlier. It was back in the mid1970s when i was seven or eight years old. There was a day till i grew up in Westchester County new york a suburb just west of the city and the son of a history buff but unlike a lot of people who make that claim the history buff in my family is not my father. Its my mother and of her four children i seem to be the only one she passed the gene onto. She took advantage of that one day we were driving into the city from westchester and she pointed at a big building up on a hill. She told me that was the bronx va hospital and then she said something i have never forgotten. She said that there were still men in that hospital who had never recovered from being gassed in the First World War. This made quite an impression on the seven or 8yearold even though i was a small child. I kno