The freeman foundation. Blby judy and peter kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. Source. Thousands of peoe in the u. K. Haveit been injectedh a covid19 vaccine. The 90yearold margaret was the first to gett. I am thankful for it. It is free and the best thing that has happened. And joe biden has introduced his health team that will fight the pandemic and set out a threepoint plan. Masking, vaccination, opening school. These are the goals for my first 100 days. Donald trump has held events on the vaccine rollout, but used it to repeat unsubstanated claims he won the election. Next administration will be the trump administration. You cannot steal hundreds of thousands of votes. You cant have fraud and deception and all the things they did. There is no evidence that happened on that scale. Boris johnson will go to brussels for dinner with the president of the European Commission to unl
The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you thank you. Welcome to outside source. T the u. S transition has begun at the nextde pre is introducing his appointees in foreign affairs. It i a team that reflects americas back, ready to lead the world, notetat from it. We have to proceed in equal measures with hnfility and ence. Humility, because we cant solve all the worlds problems alone. Ros and the state of pennsylvania has formally certified joe biden as winner of the election. European countries are managing plans for covid19 for christmas. Ministers in the u. K. Have allowed families to cross borders to celebrat together. In france, president macron announced easing of the lockdown is weekend so shocked show so at shops and restaurants n reopen for the festive period. Welcome to those of you watching on pbs i america, and everyone else watching on bbc
The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from th hello is outside source. The u. S. Announces further troop withdrawals from afghanistan and iraq. By january 15, 20 21, our forces, their size in afghanistan wille b 2500 troops. Karen americas troop presence will be have by midjanuary, daysor bdonald trump leaves office. We will have the reaction in washington. The you and warns of a humanitarian catastrophe in rlethiopia after ntwo weeks of conflict in the tigray region. 30,000 have led to neighboring sudan. The ceos of facebooktt and t defend the roles of their platforms in the u. S. Election as they face a grilling from senators or the second ts. E in three we the kenyan government response after a bbc africa investigatioe un shocking evidence of child trafficking in nairobi. Within 24 to 48 hours, we should have arrested anybody who was volved in this issue. Karen war w
Because we lost control of covid19 today went higher. The the s p gaining and nasdaq gaining 1. 02 . Hospitality and leisure. Has the market lost its mind no we are dealing with cross currents any time stocks get hammered, it seems to trigger visceral vaccine reaction good news bails out. On the one hand we know the cavalry is not coming. It is going to be in the form of at least one, pfizer vaccine, wont reach us until spring. In the meantime the virus is out of control we had 162,000 cases yesterday we are in a rough winter earnings from cisco, the networking type and Applied Materials and walt disney which needs no introduction. It is looking like well have a smooth transition from the Trump Administration to the Biden Administration thats a huge strange and even last week at this time, a notion of trump refusing to make plans to vacate the white house. I am sure you are sick of hearing it could the good earnings continue if you are worried of the virus and encouraged by the vaccine
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p but on its own right the technical is starting to improve her