Economic winner thats our topic. And welcome to to the point we have a great roster of guests to answer that question its a pleasure to introduce Clifford Kuhn and he was a Foreign Correspondent for 15 years in beijing and he says chinas success in dealing with the coronavirus shouldnt distract from its emergence as a challenging strategic rival and im very pleased to welcome more its a little piece an analyst an expert on china at the german think tank s w pete and he says china has been partially successful in gaining International Discourse power by revealing an ugly side beaching has failed to profit more significantly from the covert 1000 crisis. And were very pleased to have with us she is a freelance journalist from china and she says compared with the financial crisis 2008. 100 Recovery Plan is greener more domestic and it digital oriented. And so when we start out by asking you rudolph china has reported Economic Growth of nearly 5 percent in the 3rd quarter of this year thats
In san anselmo i had the right at freezing right below it this morning. So temperatures are frigid to start we have some very Cool Conditions. And you can expect those over the course of the next few hours. Im talking what to expect this afternoon still to come in your forecast, rob for folks heading into San Francisco. They can expect lots of heavy traffic at the bay bridge toll plaza. Yes sir line is getting longer but at least were hot spot free. So heres a live. Look you see all the folds stacked appear beyond 8. 80 back to the bottom of the maze. What we can see is an accident near the metering lights so after this camera shot theres an accident involving a big rig thats already off to the fly, but you know a little bit to stare at for folks in traffic so 13 minutes and growing into San Francisco, not bad 80 south and stevenson heading through fremont just getting word of a new injury accident. Thats going back you up into union city so its already slow with commute traffic now we
Good tuesday morning, welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin with us dow because up 275 this morning. We lost some of that the covid19 vaccine rotation is continuing with tech down another 2 today and the s p 500 down 26 points thats where well begin this morning. The nasdaq falls investors rotating out of tech to some degree the managing director is going to help us start off the hour. Good morning, mark good to see you. The. Hey, carl, good to see you. We know i mean, the argument has been made that world changed a little bit yesterday for the better but is the tech reaction is there bath water being thrown out too . Well, yeah. The world did change id argue a lot yesterday. And not surprising that were seeing a rotation in some of the tech names i think for the next little while here, you know, expect the expected were going to think continue to see some rotation away from the work from home names probably bate probably a bit of a short term r
Then later he tweeted that he would be willing to cut some checks for americans, extend aid to airlines. Joining us now is kevin cirilli. What is really on the table right now . A small, piecemeal approach. Mark meadows was saying earlier that they are still pressing for democrats to do a piecemeal approach. That is a nonstarter with nancy pelosi. The developments coming as the president tweeting that no fiscal stimulus deal would be on the table until after the election. Should biden went on november 3, it would also mean that a fiscal stimulus deal would still come in the lameduck and even in the first calendar week of the year. Guy you are outside of the debate site for tonights debate. How consequential will tonight debate before the outcome of the election . Kevin republicans are hoping to have some type of major trajectory shift. Vice president pence is one of the leaders inside President Trumps inner circle as it relates to the coronavirus response. He is also trying to send bas
Good wednesday morning im Caro Quintanilla with jon fortt and Julia Boorstin with us dow down 800, worst drop since about june 11th, on covid worries in the europe and United States, lockdown worries in france and germany oil is down about 6 vix getting closer to 40 were monitoring the ceos of twitter, facebook as they testify on section 230 well begin with dominic chu on more on what is driving the downswing. A lot of narrative around the rising covid cases, not just in the United States but europe as well markets may be taking their cues from whats happening in europe. Theyre talking about wider spread lockdowns in germany and france and whats if it happens here in the United States. Thats playing out in the markets right now. For the s p 500 specifically, below the 3300 mark, that is below both the 50day average price and the 100day average price for those indices, so many traders looking for technical or chart pattern levels as they look at trades today the s p 500, this little rol