Among record highs this weekend. Most stadiums were empty and maybe those that williams should have been. Despite being a hot spot for not 1000 fans were allowed into only owns ground. The virus took its toll on the pitch to 9 players were ruled out this weekend almost all of them involved in the recent International Break coincidence 8 of these players were timed positive tests just one was in quarantine as a precaution. But still the games must go on the mind swings into the weekend with 0 points but hoping for a miracle against mentioned about. The recall is what teams need to get a result of by an 11 dusky and co was superhuman themselves this time out both as was by and team sensation. But the big events of the match day was dont mean. They were ready to rumble as ever in the bundesliga as an ultimate sulby it was a game that shelter might want to forget in a season that threatens to be memorable for all the wrong reasons. We start the show. In dont mind. Here we go. To spread fea
President trump slams beijing for coronavirus. Xi jinping hits back saying the pandemic should not be politicized, focusing instead on Carbon Neutral pledge. Do your part. Boris johnson calls on britons to obey the new virus rules, warning of many more deaths. Frankfurt. N good morning, one red line across the bloomberg terminal before we begin to the prevarication at the fed. Mersch is saying the Pandemic Program flexibility must not apply to qe. A couple of other lines. Lets begin to them. He says hes not aware of any push to extend. These are breaking lines. I know you are looking at these as well. What else have we got . Annmarie yes, he is a hawk, obviously, but he does not want the flexibility to apply to older asset purchasing programs. We are going to talk about the fed. An inflation debate taking place. Clearly, this is something we are seeing take place at the ecb also. Trillion in terms of emergency. What will happen next in terms of size and scope . Lets circle back. The ha
The cash trade is an hour away. These are your top headlines from the bloomberg terminal. Traversing course. Goldman sachs tell staff in london to work remotely, reversing course after the u. K. Government appeal to britain to head back home if they can. Temporary power. The ecb says the central bank risks legal trouble if it tries to extend crisis era flexibility to regular Bond Buying Program area and battery day with no sparks. Elon musk disappoints as tesla fails to unveil any major innovations, but it does promise a massmarket car by 2023. We are just under an hour away from the start of cash trading in europe. Look at futures and you will see green arrows. The percent missed price points to stronger than 1 gain on the Major National benchmark indexes here. You can see ftse futures up 0. 9 . Take a look at u. S. Futures. More of a mixed picture there. Dow andgreen arrows for s p futures. Nasdaq futures are little changed. Slightly to the downside. What do you see on the dmm . Attr
Away from new highs. Joe, i begin with you. The question is how are we going to get to those new highs . Value is outperforming today is this the start of the longawaited rotation . Well, your initiating a great conversation, scott, because as you have identified the s p 500 is basically sitting less than 1 above its all time high whats critical, though, in getting there if you are not going to have a significant outperformance from what has worked, which is clearly hyper growth, is youre going to have to have the participation from the value names. Lets put in context where value really is. Scott, the russell 2,000 is still sitting 9 below its all time high it achieved in august of 2018. When im thinking about value i also have to think about value and get contribution from small cap value, not just Large Cap Value because there has been such a differentiation in the Small Cap Index this year. Small cap growth is up 22 year to date. Small cap value is down 12 . So, yes, i believe it h
Mismanagement of the pandemic has plunged us into the worst economic crisis since the Great Depression and were experiencing a moral reckoning with racism and systemic injustice that has brought a new coalition of conscience to the streets of our country demanding change america is crying out for leadership well mike hanna is in washington d. C. He says biden the selection of harris as his running mate sends a strong message to americans. Well there was a great deal of acrimony between them during the campaign for the president ial candidate from the Democratic Party come of the heroes was exceedingly critical of joe biden on a number of levels however when she dropped out of that race she immediately threw her support behind joe biden and its very clear that joe biden has chosen her for one very good reason and that is he is demonstrating to the public that he is not going to put a lucky in the deputy position he wants somebody who will criticize him he wants somebody who will be forc