All aboard. Our exclusive look at how one of the Worlds Largest cruise ships is setting sail again with thousands of passengers, from extensive testing to bracelets for contact tracing, to face masks at the buffet. The new normal on the high seas. Tropical storm beta making landfall overnight slamming into texas. This morning, the storm bringing more potential lifethreatening flash flooding. Ginger is tracking the latest. State of emergency. Louisville police bracing for the Breonna Taylor decision as word about whether the officers ie emts Fatal Shooting will Face Criminal Charges is expected any moment. Ellens apology. The embattled talk show host returns to air. I take responsibility for what happens at my show. Tackling those toxic workplace allegations and rumors about her offair persona. The fallout this morning and the reporter who broke the story pump up the jam start your engines. The g. O. A. T. Taking on a new sport . Why nba legend Michael Jordan is racing to team up with n
Show. The liberal governors of states like new york and connecticut say they are going to review a vaccine before the federal government hands it out in their states. Is nothing safe from politics anymore . Weve got a big show for you on making money. Charles all quiet on the stock market front or at least it seems that way. You know, its just been another reason why trading in september reminds me of warfare. Theres been no doubt that the bears have had hah have had the upperhand this month. Both sides are digging in. The economy continues to show greater signs of life every day. We saw Business Investments come in better than expected. We saw great numbers on housing and manufacturing and yet money has been fleeing equities. This week the third biggest outflow from u. S. Stocks in history which continues a trend thats been in place for a long time all yearlong. In addition, according to the American Association of individual investors, bullishness has plunged to less than 25 . So how
Plans. Quite the opposite. Companies have called off inversions and even brought back operations to this country and they are citing our tax reform as a main reason for doing it. So why would mr. Biden want to undo that . Even more curious is that mr. Bidens own talking points suggest that he supports a number of our tax reform policies in that 2017 bill. We have kimberly clausey who reportedly advised mr. Biden on tax policy have said the tax cuts and jobs act, quote, should be commended for providing some limits on tax avoidance through the guilty and the beat, end of quote. Guilty and beat are those acronyms that i referred to. Whats more ms. Clausey estimated the new rules under the 2016 tax bill will result in a 20 decrease in shifting profits overseas. Thats consistent with the joint committee on taxations Macro Economic estimate in 2017 that found tax reform would reduce Profit Shifting and increase the u. S. Tax base. Nevertheless, however, mr. Biden wants to double down on inc
The u. S. And china clash again, this time at the virtual u. N. Meeting. U. S. Futures are flat the moment. This after another volatile session. We had stocks rising. One mega cap rebounding. The s p 500 recovering from an early dip prompted by some comments coming from jay powell. Mnuchin spokery in congress today. The dollar touched a one month high. Look at what oil is doing at the moment. Wti is below 40. We are also looking ahead to the asian section. We are suspecting policy changes to come in the november Monetary Policy statement. Large parts of the market expecting the negative rate to take place in the First Quarter of next year. It looks like a modest start to the trading day. Cindy futures are looking positive. Watching the aussie and kiwi dollars. We saw the u. S. Dollar strengthening to the highest in five weeks in the overnight session. Repeating that the u. S. Economy needs more support and has a long road to travel before it will fully recover from the coronavirus fall
Battery day event. He announced a 25,000 electric car within three years. The u. S. And china clash again. This time, at the virtual u. N. President trump slammed beijing for the coronavirus. Xi jinping warns no one should profit from the problems of another. Haidi lets take a look at how we are setting up for the start of trading proper here in asia. We had a reasonable session in the u. S. , that tech rebound continuing to keep things afloat. This as we continue to get a little bit more news flow as to the stopgap measure being reached between the democrats and the gop. U. S. Stocks in the overnight session climbing. Tempering some of these concerns that came through from jay powell, pointing to slow economic recovery as well as Charlie Hedman saying the recession could worsen without more fiscal support. We see the nikkei 225 flat at the moment. We saw that japan markets have been closed. Futures have been dropping. We have seen during that time asia extra pen falling 2 asia x japan