A looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. And for the ok in watching this stream now into the past few months the stream is taking the round the out looking at the Global Pandemic and the impact its having a very citizens around the world today we still post at the pacific nations and ask if their isolation is actually helping them tackle coverage 19 and what issues and challenges they may well have if you are new to hear from you jumping to the chat and he can be part of the conversation im going to start the conversation introducing the guests and theyre going to say you say ambassador it is wonderful to have you here on the strain tell everybody. I am. I am a member present i did not allow an ambassador to the United Nations based out of new york. And get to have use a pia oakum to the string tell everybody hume you are. The morning of evening or an answer there marilyn
Kagan watching this chain mail in for the past few months the stream has taking a round the world looking at the Global Pandemic and the impact its having a very citizens around the world today we still post at the pacific nations and ask if their isolation is actually helping them tackle coverage 19 and what issues and challenges they may well have if youre on you tube we would love to hear from you jump into the chat and he can be part of the conversation im going to start the conversation introduce in the guests and theyre going to say hello to you so ambassador it is wonderful to have you here on the strain tell everybody who you. Know i am from power i am due for men the president of the allow an ambassador to the United Nations based out of new york. As a gift to have use of p. S. Oakum to the string tell everybody whew you are hi good morning good evening of relevance affair marilyn are a part of the some of the vets a lot of them only daily news and sound so great to have you a
It is not over. It is just beginning the days are long right now. We are going to take that. Im becky quick along with joe kernen and Andrew Ross Sorkin. We are sitting at the flat line. Dow down about 7 or 8 and nasdaq up by about 13 yesterday, the dow was down 710 points a decline of 2. 7 s p off 2. 6. Came with huge steep declines going as smoothly as people had hoped. All of those concerns added up to steep losses. Looking at the treasury yield at 0. 669 now you see additional pressure as we continue to watch that case count talking about that, the United States seeing a Record Number of new coronavirus cases in a single day. Tallyi tallying 45,000300 that tops the numbers from april reporting that visitors that travel from hot spots to new york, new jersey to connecticut will be asked to quarantine two weeks. Those who defy that order. Hot spots include arizona, utah, texas, arkansas, alabama, north and South Carolina President Trump says he will not follow the quarantine order wh
That the wall street crimes never go away theyre just repackaged and called Something Different so here the cd collateralized debt obligation is been replaced with the c l o the collateralized loan obligation as if a loan is somehow different than a debt no in fact theyre synonymous but by calling it something slightly different it fools the regulators the regulars are like oh my god what what is a c l o is it anything like a c d o i dont i cant comprehend it and by the way can you hire me at your head funding pay me 10000000000 dollars a year at citadel or some other head from because im a captured regulator and i work for the headphones yes you can so here you have a c l collateralized Loan Obligations and they are engaging once again in what we call back then and what we can call today as reverse drug dealing ok. Flashback Flash Forward what is reverse drug dealing well in drug dealing you start off with the product and then to try to make more money selling a product you mix it in
Moment of negative Interest Rates as well. As you leave the hour, francine, the United States excuse me by theington transfixed battle between the president and mr. Bolton. It has changed overnight into new legal action by the president. Francine nothing like an injunction to sell a new book. Lets get straight to bloomberg first word news in new york city with ritika gupta. Take a coke china is vowing retaliation for u. S. Ritika china is vowing the government of the u. S. Has set , sanctions for any oppression of uighurs or muslims. John boltons book says the president meanwhile, bolton also wrote that President Trump asked xi jinping to help him we reading help him win reelection. Thevastating betrayal of president s Foreign Policy. President trump called bolton a the book tos asked stopping publish. Economists predict the central bank will expand its Bond Buying Program by 125 billion dollars. Meanwhile, investors will watch for any hint of radical policies such as negative Interest