Hello im terry martin good to have you with us u. S. President under fire again for his handling of the corona Virus Outbreak following an explosive new book in that book veteran Journalist Bob Woodward says trump deliberately downplayed the danger posed by the virus in the 1st weeks of the pandemic at a News Conference the president defended his handling of the crisis from said he was not lying to the public but that he did not want to called panix more than 189000 americans have died from the virus so far i dont want people to be frightened i dont want to create panic well joining me here in the studio for more is to reporter and us expert peter went to tell peter what do you make of trumps xx. The nation for apparently misleading the American Public about the dangers of a credible right i mean i think one thing to understand about trump is that he is hes a big believer in the power of positive thinking right he likes to talk things up rather than play them down except for apparently
And ok well all of this of course is happening right in the middle of the u. S. Election campaign and the democrats have been watching what these revelent revelations that have been coming out of that bob woodward book lets take a listen and what democratic candidate joe biden is saying about these latest revelations he knew how deadly it was it was much more deadly than the flu he knew and purposely played it down worse he lied to the American People he knowingly and willingly lied about the threat it posed to the country for months. He had the information he knew how dangerous it was and while this deadly disease ripped through our nation he failed to do its job on purpose it was a life and death betrayal of the American People. So joe biden is saying that trump failed in his duty to protect the American People even though he knew there was an imminent danger could this further damage trumps reelection prospects do you think yeah i think you know biden is not just up by 8 points you
The former California Attorney general because the first africanamerican woman and first south Asian American woman on the ticket. Big revamp. They will exit all noneuropean Corporate Banking activity, and they forecast longlost loanloss provisions at 3 billion euros for the year. We will speak with the cfo of abn amro. Let me get to some of the breaking news we are getting here from the u. K. We have u. K. Gdp numbers coming through. We are looking for the month of june and for the quarterly figure. We have seen a rebound in the month of june at a. 7 . That was 8. 7 . That was ahead of the estimates. Thats the rebound for june. A rebound was expected. Quarter coming in at 20. 4 . That was with an estimate of around 21 . If you look at the year on your number, its similar. Its the extent of the losses that we saw in terms of Economic Activity in the Second Quarter. We look at things for a year on your number. Officially what we already knew because of the u. K. In the session. Saw the
Guy the university of michigan giving indicators of consumer confidence, pretty much in line with that except for the Current Conditions number, which looks a little light. It is up in terms of where we would expected to be normally, but nevertheless, you have an 82 print there but and citation of 85. 84 last time. At headline number coming in 72. 5, little lighter than the 72. 9. To 10ion 2. 6 five years years out. Basically everything in linux of the current number. Alix we are a little worried about what is going on. Underwaye call is right now, started at 10 00 a. M. They are reporting some good news in guyana. It has been a huge boon for hess is hard tobut it emphasize how bad this quarter was four at chevron and exxon, particularly with exxon not writing down any assets. Joining us is mark stoeckle, adams funds ceo and senior portfolio manager. It is always good to see you. I want to start on tech. Numbers were amazing. Companies made made billions of dollars. On the flipside, pe
Economists expect a bond buying to exceed 3 trillion euros this year and the next. Twitter shares fall after hours on when unprecedented hack of the accounts of prominent u. S. Figures, including elon musk and bill gates. Ceo jack dorsey calls it a tough day. Welcome to the program. A tough day for jack dorsey. We will get into that story a little bit later on. Just under an hour to go until the start of cash equity trading on this thursday morning. Lets look at European Equity market futures, u. S. Futures. All of that pointing a little bit negatively. It seems some of the optimism around vaccines that dominated trading yesterday, some of that has waned just a little. Replaced by a mixed picture signals on geopolitics and the chinese data. Lets get to some breaking news. We have european Passenger Car sales dropping by 24 in june. European car sales, the slump slowly eases, believe it or not with a 24 jump. The recovery has been taking place now for a second straight month, leaving ma