Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
Rely on holiday trade. Christmas temple mean thats how people get the now no mortgage no get beautyful holiday and now they should now again the food and Drug Administration is set to review a new vaccine this week its a process that in the past would have taken months but in what amounts to a life or death situation hell the chills are hoping it will take a matter of hours based on the data that i know i expect the f. D. A. To make a positive decision but of course its their decision and as you probably know they are totally separated and fired from the operation they will make their own judgement based on the data and i hope that the decision will be positive but even when they are approved it will take months before the vaccines are widely available to the general public be thinking in the february march timeframe that youre going to see more general vaccination and by the 2nd quarter of next year will still have enough vaccine for every american that wants it as Health Officials co
Dispute to come to a resolution that we think will be satisfactory to all we have achieved set and progress septum point of time more than a year ago and then things has slowed down and right now there are some movements that we hope that this will put and for this crisis because we see that we believe actually that gulf unity is very important for the security of the region for the stability of of that region and for for the sake of our people this need this crisis needs to end. Human Rights Groups are saying the refugees have been forced onto a remote bangladeshi island the government says the group of more than 1500 people will move to ease overcrowding in camps it says only those who are willing to move have gone more than a 1000000 rangar who fled neighboring me and housed in the camps to tend the chaldee has more from cox is bizarre. Finally the controversial relocation of rowing a reference to a remote coastal island a bastion charter has started out of 2500 listed rowing as it
Father and stepmother. In massachusetts. The bookstore in falls river hosted this event. Hello. Good afternoon. Welcome to politics and pros. Thanks for coming out on this very beautiful day. Were very 34r50esed to have Cara Robertson here to talk about her new book the trial of Lizzie Borden. A little housekeeping. Lets take a moment to silence our cell phones. Ill do that, too. We are recording. Cspan is with us today so we dont want any extra noise or interruptions. After cara speaks there will be time for q a so if you have a question youd like to ask her, if you could use this microphone here so we can pick stuff it l of our would be great. We have a lot going on at politics and pros, even at the what were and union market and check it out on our social media. You may enjoy our True Crime Book Group that meets every third tuesday of the month in the coffee house. My name is jenny, im a bookseller here and really glad to introduce Cara Robertson. Shes a lawyer and educated at harva
Underlying economy, bad news being good news once again, with that idea for a 908 ilion dollar stimulus will back in washington, d. C. What are the fundamentals that matter, when do we have to see something positive in order to respond to it . Ofell, its the fundamentals 2021, pricing in that story later. If you are asking the stories of the fundamentals of the here and now mattering anytime soon, the data for this month, yes it matters for the policy conversation. We saw that on saturday. And meanwhile we do have other issues. Those talks in brexit are not going that well. We have that, trade concerns, harder line tactics by mike pompeo. All of these things are factoring in but are being brushed over by an incredible amount of fiscal support not only in the u. S. , but in the European Union. The deadline for the string stimulus budget deal today, there are some nations pushing back in the Eastern European block. Euro skeptics. The broader implication is that they will get something do