Very much with us. Is greg joining us davis. I want to push you into a realm of speculation about the president or google hope he has a speedy recovery along with the first lady walk me through how you processed this. Ultimately, how soon will we actually got some simple therapeutics and when will a vaccine be available and how will that translate into the economy and allowing businesses to get back to usual. Do you thinkt about the degree to which consumers will engage or disengage in the coming months, given what is playing out in europe and the spark spike in the United States . Gereg when we start to see start to see effective vaccines, you will see a broader reopening of the economy not just in the u. S. But until people get back to facetoface activity and trash traveling and leisure and hospitality, it will be a drag on the economy. We still think the recovery will be relatively slow here when you think about the implementation and availability of the vaccine, it will go to front
We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a significant downgraded by moodys of turkey late last week on friday. The payments crisis is what the Payments Company is talking Credit Company is talking about and we are continuing to see stress in the system surrounding turkey. The lira fairly flat. More, kaylee, about the u. K. More insight on the debate over Boris Johnsons plan to rewrite the brexit debord divorce deal. As the market appropriately pricing and or does it need to reprice in the near future the risk of a no deal brexit . Bhanu
Lets get some deeper knowledge into what is going on with scarlet fu. Scarlett we saw indexes fall to their lows right around the time apple made the announcement. We know there was talk about the increased number of cases across certain parts of the United States. Apple says it will shut down 11 Stores Across florida, north carolina, south carolina, and arizona because of increased cases. That probably dragged down some of the other indexes. Financials are the laggards right now in advance of the feds stress tests. The central bank will consider the virus impact to guide whether banks can pay dividends. Small caps were hoping to lead on the way up, now helping to lead on the downside, although we are making a bit of a comeback. Through the 42 level but could not hold on. One thing i could not keep my eye on of is wirecard, the train wreck of the week. The stock rounded off a twoday 75 plunge in germany. Short covering could be limiting the losses as investors brace for default. Able t