Absolutely extraordinary. I know lisa is going to touch on this. Can we all focus a moment on 800,000 in claims at 8 30 . What is still involved in our politics and our markets is a labor economy that is, to be polite, fragile. Jonathan secretary mnuchin throwing some cold water over that. We need to talk about the new restrictions across the continent in europe. The economic recovery in europe was already fragile, already stalling. These restrictions will make that worse. Tom ive so glad you bring this up. You and i have been going back and forth on this since you got up at 9 00 a. M. London time. What i really want to focus on is the federal solution and application in europe versus the statebystate solution in america. Is that accurate . Jonathan youve also got the local issues in the United Kingdom that have really brought london into the equation. The north of the country was facing much tougher restrictions , looking down to london and asking, what about them . The answer is lond
Little bit higher,. 1 . German Business Confidence comes at 9 00 u. K. Time. Monthly fifth straight drop. Mario draghi promising to do whatever it takes. German businesses are not listening. Frenchainly not, but our businesses listening to their government . Well be digging in on air france, but one minute in, the tse trading flat. European stocks have fallen the most in 11 weeks. Why the panic, why the concern . Health care felt the heat, perhaps the u. S. Getting tough on the inversions, seeking out lower tax rates by companies in europe. Healthcare stocks were hurt and manufacturing yesterday was particularly weak. Growth with the initial pmi numbers. The sentiment starting to yesterday. S asia look stronger, but we have worthlmost 1 trillion wiped off Global Equity values since september 18 since the previous peak. Worry about the economies and geopolitics, the u. S. Acting with some arab allies to make airstrikes in syria. Ftse in the red, spain trading flat. We will get an openin