Bloomberg surveillance. Im tom keene in new york. Guy johnson in for Francine Lacqua in london. Monthsin to the summer in august. I look at the newspapers in the United Kingdom and it is sort of a soup of distractions right now. Inme and update on the virus the United Kingdom, because the statistics i look at are actually pretty good. Guy . They are pretty good, tom, and there are large parts of the country where people are talking about the fact that we may have achieved herd immunity. You listen to the commentary come out of a large hospital, out of large hospitals, they are seeing a fraction of the number of cases they saw coming through the door back in the spring. The situation seems to be under control. This is pumping Boris Johnson the prime minister, to make firm assertions that schools will september, in the same way Governor Cuomo is making those assertions in new york. Thathe is pretty lonely on right now. That will be one of our themes without question in august. Back to sc
just because democracy didn t produce the results they wanted . they still plan to change the suburbs forever by getting rid of them. joe biden s hud secretary, marcia fudge, a former member of congress explained last year the administration was concerned that african americans cannot afford homes not because they re poor, but because home appraisers are racist watch. what the president has said, is that we have to look at everything through a lens of equity. and so what? we have realizes that people selling homes that just as the person you were talking about, and even people buying homes if their appraisal is not correct, what we find especially as a black people in communities of color and underserved communities is we lose great wealth just through the appraisal process. notice here the seizing of the moral high ground big picture. if the party ministration got about african americans they probably wouldn t withdrawal the police were american but in point of fact, for
The markets. Jp morgan did not use brexit ate my homework as an excuse to imply lower numbers. Jp a lot of people were nervous, they did not take that bite. A great relief. Financials up right across the board. Earnings trends, only a few of them have been beat. And i want to show you whats going on here. Since these companies started reporting, this has been their stock prices. Alcoa, delta, jp morgan, every single one of them. Lets take a look at the banks. It is very traditional for banks to go up a little bit. Thats jp morgan and sell off after it. And banks are leading, up about 5 . So far just this week. The head of the Worlds Largest asset manager getting a little worried. Heres larry fink on squawk box. Here we are. Were seeing investors worldwide pausing. We have seen quite a large sum of money being pulled out of equities over the last year. And yet were at record highs. This rally in my mind is not i dont think we have enough levels to justify at this moment. Reaction now. G
This week on q a, pulitzer prizewinning author and columnist, gretchen morganson discusses her new book with Joshua Rosner titled Reckless Endangerment. Cspan gretchen morganson, in your book, Reckless Endangerment, next to the picture of James Johnson county rate this the calculating political operative, johnson was an ominous architect of the homeownership rate that almost destroyed the economy in 2008. Why so much on his shoulders . Guest brian, we have to go back in time. A crisis doesnt happen overnight and if you want to understand what happened to create this mortgage bubble and the ensuing crisis, you have to go back to the early 90s when fannie mae and freddie mac were under a little bit of pressure from congress because the the s l crisis. Congress was concerned maybe there were losses sitting in these Mortgage Finance giants that were caused by public, was a pirate. The republican at the government had started them, that they had private shareholders, said they were operatin
Who best represents your views the . You can see the numbers on the screen. 202 is the area code you can also get through via social media. You can make a comment on our Facebook Page and on email, 202 737000 journal cspan. O. Through the papers we want to hear from conservatives only. Who best represents your views . Chris christie was one of the featured speakers yesterday. He got a lot of the headlines this morning in the newspapers. Here is the Washington Post that is a little bit from the Washington Post yuriko here is Washington Post. Is usa today and the hill, this is their headline finally, here is the Washington Times take here is a little bit from Chris Christie. We are proudly prolife. That does not mean we are prolife just when that human being is in the womb. We need to be prolife when we leave the room as well. For every step of their lives. We have to be favor of an educational system that is accountable so that child can have a worldclass education. Not one that has thi