Look at the really disinflationary dampening you are seeing in the bond market. I dont want to make a big deal about it, but yield gives way to lower yield. Im looking at fiveyear, fiveyear breakevens, and there is a little bit of an ebb, an increase in the disinflationary tendency. That claimsort number at 8 30. Francine a really important one, and we have some great interviews coming up from the Bloomberg New Economy Forum focusing on health today. A conversation also with bill gates. Lets get to first word news in new york city with ritika gupta. Ritika joe biden warns that the delay in starting the president ial transition could set bet the effort to distribute the coronavirus vaccine. Could setback the effort to disturb the coronavirus fencing. Trump thent Trump Administration is being urged to begin working with biden. Wisconsin Election Officials have ordered a partial vote recount that was requested by the top by the trump campaign. There will be recount in two heavily democrat
This as cia head gina haspel tries to stop for document declassification as part of the origins of the russia probe. Ohio congressman jim jordan joins me live next hour to discuss. Markets this morning slightly in the red, take a look at this, despite President Trumps recovery and growing talks on stimulus, weve got a market that is fractionally moving but in the red, dow industrials right now down 31 points of, nasdaq lower by 56 and the s p 500 right now down 9 andahalf. This after big rally yesterday finishing near session highs, markets at the close yesterday up 465 points on the dow industrials. The nasdaq up 257 and the s p 500 higher by 60 points at 4 00 on wall street. Worker information compromised, a popular fashion brand is fined for allegedly keeping track of hundreds of employees personal lives on the companys database. Airlines meanwhile looking for a rescue, one carrier hoping workers will take pay cuts in order to avoid furloughs. Plus, plant based fashion, the new team
Minutes. Mike, any new issues popping up for the commute . No. Lets not jinx it. Looking at the green sensors all around the bay and little slowing out of the altamont as we expect this time every day. No problems Contra Costa County and pushing towards the bay bridge. Starting to build a little bit of volume and in the north bay we continue to follow those closures. 128, 129 all highways youll hear about related to the fires. Back to you. Thats right. Thats what were talking about. Breaking news we continue to cover. Fire crews working fast to cut containment lines around the glass fire in napa and sonoma counties. Theyre concerned about another round of red flag warnings. The fires burn nearly 52,000 acres. It is only 2 contained. Flames have destroyed 143 homes and damaged 46. Now the burn zone in napa and sonoma counties continues to grow. More than 26,000 structures remain threatened. And fire investigators are really trying to zero in on what sparked this fire. Massive flames on
Its 46 waiting to apple, amazon, microsoft, facebook, and google. We are seeing the worst case fear on the part of investors that if those names go down it will take the market. We are seeing that split between the s p 500 and the nasdaq. Small caps getting a bid, which did not happen yesterday. David speculate with me. How much of this is the real world . We have the big european fiscal bailout approved yesterday. We are talking today about one in the United States. Is it possible this is reacting and stocks would do well if there was a recovery . Abigail i think this has more to do with trading and technicals. When you look at the rotations, there are many rotations going on week after week between the different sectors. It does not fit into one bucket , and lestlogy investors think one week unless investors think one week recovery. Where we have real euphoria is silver, up 60 . Gold lagging behind on the year. Gold is leading. It is not stocks that are getting a huge big rally out o
Side of the river. This structure was donated to us about 10 years ago by the descendants of the original founders of that congregation. They bought the land in 1870 two parcels of land with the express purpose of building a house of worship. And in the sale document which we have from the courthouse, they named their structure they named their congregation the antiyokut baptist congregation, and that message of being against the yoke, or against slavery, is something that is important for our story here. And this is a Significant Church for newly freed slaves on the east bank of the river, and so it is really important here in talking about the lives of people who socked freedom after the end of the civil war. We like to start our tour of the whitney plantation here, where we can kind of the what happens to people, some of the things they care about after freedom came. The whitney plantation is the only to show in that is all of these things help us tell we had to build things here an