Come whichrevious also been revised higher. There was some expedition that as prices come up because of the fact you can get cheap lending at the moment or cheap borrowing , you would expect that at some have, that would start to an impact on a month by month basis. Nevertheless, the market was looking for this month on month number two actually slow, and that hasnt happened, which is really interesting and the light of what we are starting to see in the employment market. We saw initial jobless claims out a little bit earlier on. Youre starting to see the negative data could begin from the employment side of the economy, starting to come in a little softer. Bloombergs mike mckee joining us now with the details of that. Michael at one point on the housing numbers, existing home sales or closings, so these contracts were signed a couple of months ago when things were a little better in the economy, and we got low mortgage rates, so the one thing the fed has been able to do is stimulate
I have the pleasure today of moderating this conversation between two outstanding policymakers and scholars. And the us china relationship. And working in the Defense Department and mongolia and the commissioner congressionally mandated Security Review Commission and the author of a terrific new book which is called the china nightmare. And we will be talking about it with him and with retired Lieutenant General hr mcmaster. And a reputation and military service one of those adaptive mines in the American Military i am delighted to have both of them here with us today. I am sorry neglected to say hr is also the author of a new book called battleground. Thank you both for making time for china policy. Thank you very much thank you for your leadership at aei and mr. Mcmaster for joining us. And to have reshaped china policy last few years. I am very thankful as we all are for doing that. The china nightmare, what does my book mean by that . China certainly has grand ambitions and power b
Bloomberg surveillance. This is what the markets are looking at. The focus is firmly on the vaccine trial data out of moderna yesterday. The focus is of course on the fact that we could have a vaccine quicker than expected simply because it is the second trial data that is better than what analysts and watchers were thinking. This global stock rally powered by hopes that the vaccines will bolster Economic Growth was paused, partly because investors are weighing the spread of the virus. I think investors are also looking at valuations. And also, there is a bit of profit taking getting underway. Inla jumped more than 10 after hours trading after the announcement that it will join the s p 500 index on december 12. In other asset classes, treasuries drifting with the dollar. Lets get straight to the bloomberg first word news. Heres leighann gerrans. Good morning. The Trump Campaign is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning deman
He is the founder of the Dupont Center and his specialty is Global Security, everything from governance culture to state actors and nonstate actors and im going to try to explore as much of that todayas we can. I want to find out each day the Dupont Center publishes. [inaudible] it is a wonderful deep dive into a timely issue that goes to the heart of what we should be thinking about even if its not in the headlines. Anything from White Supremacy to whats happening with al qaeda and isis and regional powers and i encourage you to read it every day. I also encourage you to read the morning brief which they Stephan Group sponsored at the National Security produces in the 14th year and bring you the news every day about what you should be thinking about about National Security in a variety of dimensions. Ali, thank you for joining me today. Welcome. Please dont stay mute, this is your conversation. I want to start by talking about the book and then were going to turn to other things. And
Investigative skills in the private sector the ceo of a group. Is the founder of the center. And his specialty is Global Security affairs everything from governance poachers to state actors to nonstate actors and going to try to explore as much of that today as we can. In one think that i one of time that is each day we publish. Something that you should really read every day. Its a wonderful deep dive into a timely issue goes to the heart of what we should be thinking about even if it is not in the headlines. Anything from White Supremacy is on to what is happening with al qaeda and isis to the geopolitics of the nationstate and powers. I encourage you to read every day. I also encourage you to read this sponsor, in its 14th year. And bring to the news everyday but what you should be thinking about National Security in a variety of dimensions. So la, thank you for joining me today. Welcome. Ali thank you. Karen autostart but talking about the book and then will turn to other things. A