Welcome to bloomberg surveillance. I am Francine Lacqua in london. We are also getting a cut of an Oil Demand Forecast amid the darkening of the travel situation. If we go straight to the markets and have a look at those, the story really is with these stocks, so yesterday, the stocks had quite a big move, and we are trying to figure out exactly what that means for the earnings forecast for the future. What else i am looking at is crude oil, as you see, 42. 56, after the iaea report, and the litmus test, in terms of risk appetite, gold at 1930. Are signs of faltering after stimulus talks in washington remain at deadlock. Now, lets get straight to the bloomberg first word news. Reporter hi, francine. A warning that a failure to control the pandemic is undermining the economic recovery. The boston fed president says americas over eagerness to reopen has backfired. He is concerned many temporary layoffs may become permanent job losses. Rosengren my thought is some kind of stimulus is goin
, with Karina Mitchell. Karina joe biden and Kamala Harris gave made their first appearance as democratic running mates, criticizing President Trump for his failure to respond to the coronavirus pandemic. It could be one of the few times they campaign together. Pandemic have pandemic restrictions have limited his in person events. President trump can make his nomination acceptance speech from the white house or executive residence, according to an advisory opinion. Generally, Government Employees engaging inrom political activity while in a government building. Airbus, the Trump Administration is imposing extra tariffs on some goods from germany and france. At the same time, some products from the u. K. And breeze and greece are taken off the tariff list. Extra tariffs are being allowed because of the airbus dispute. In the u. K. , Boris Johnsons Government Faces a coronavirus pandemic. If it withdraws massive support for jobs and wages too soon, it could tip the u. K. Into an unemploy
Morning, white house advisor Jared Kushner talked with politico about issues facing the white house. They discussed the protests in kenosha, wisconsin, israel policy, and the 2020 president ial campaign. Palmer, 20 by jake sherman joined by judgment. Thank you for tuning into the virtual programming as the countdown to election day. It has been all about the Republican National convention from an President Trumps reelection bid. You can follow the conversation always on social media using tweet youritico, and questions politico. Jake todays plug into playbook will include the final session with our National Political reporter focusing on north carolina, the tar heel state, and what it is among the states likely to shape the electoral outcome in a few months, followed by the Senior Technology reporter discussing trumps Digital Strategy with a fellow about Harvard Kennedy school. Anna mr. Chris carr, thank you for joining us this morning. Jared great to mr. Kushner, thank you for going o
Conferences canceling the season, and what that could mean for the betting world. I know you are a big ambler. Gambler. Ann if im gambling, im gambling on robinhood. Im not going to give away any of my freebies. I was just looking, as you were talking about the market you mentioned small caps were one of the big up performers. 5 ord small caps are off 6 yeartodate. The s p is up 3 , 4 , 5 . Value is down 12 . It is up 18 yeartodate. These are yesterdays numbers. I have not calculated the numbers today. You are starting to see some of that divergence again, not only in the companies, but in the value and growth rotation we continue to talk about. Romaine lets bring back ann over at wells fargo asset management. When we talk about the market, a lot of people look to the feds support, not only in terms of some of these special policies it hasnt amended because of the pandemic, but also the rate cuts , which has kept the nominal rate low. And that real yield well below zero. About 100 basi
There are two words right at the outset want and is participation and the other, before i get anyone else to tell people you can submit your questions and comments. One is through email at brookings. Edu or on twitter with the. But all of you who have joined this call today, we are deeply grateful and hardened by those who wanted to join this conversation and lift every voice the urgency of civic duty voting. Thank you to all members one of the best groups i have ever worked with. Its an Extraordinary Group of people that contributed so much. And to the center for democratic governance for their support. Thank you to my dear cochair who is an absolute dynamo and a blessing to work with and then the Vice President of workings release these governance programs. He has been extraordinary also. Things to everyone. I should say nobody can do that better than john lewis and so for us to talk about voting at a moment the whole nation is rightly honoring his life encourage and achievement on b