Have a relatively dormant market starting to see a little more activity. We will see how that folds in with the general Risk Appetite we have seen over the past couple of weeks in equities. Taylor record treasury issuance, the 10 year up 15 basis points for the week, the most weekly increase you have seen going back in two months. And the 30 year, that curve really starting to steepen, up 20 basis points. Remember when the 30 year was below 1 and now we are coming up on 1. 5 . Caroline so juicy. Romaine thats one way to describe it. What see how jason katz describes it. To go off treasuries for a second and back to equities because i want to get your general sense of where the opportunities are right now as you see them in the equity markets given the s p 500 is flirting with that record high, the nasdaq also right near its record high as well and you are starting to see a rebound in the dow jones in the russell as well. I think you dont want to abandon what has taken us to the party.
Washington, do something, and do something on this august 7. Jonathan 1 away from alltime highs on the s p 500 coming into this one. Equity futures off by 0. 4 . The data 90 minutes away. Lisa we are getting the u. S. July jobs report. This is backward looking, and only goes back to the first half before the virus started to reshutter businesses. How much urgency is there for negotiations about the fiscal second round of support . I hear someone will be speaking on bloomberg television, national akamai Council Director larry kudlow, speaking with some guy that is on at that point. Tom oh really . Jonathan thank you for the promo. [laughter] lisa then tomorrow, Berkshire Hathaway reporting earnings. Really interesting to see what they are going to do with their 137 billion cash pile. This is a microcosm if the u. S. Economy. Interesting to see any guidance about how some of them are weathering this period. Jonathan the price action shaping up as follows. In the bond market, treasury yie
Another day another case of president ial coronavirus misinformation. Today President Trump suggesting without any evidence that a vaccine could be ready by election day mom optimistic that it will be. Probably around that day. I believe well have the vaccine before the end of the year certainly been around that date. Yes i think thats contradicting Government Health experts who say a vaccine likely wont be ready. Until the end of the year at the earliest my projection which is only projection is that somewhere towards the end of the year. The beginning of 2021, we will know whether we have a safe and effective vaccine trumps claim the latest Wishful Thinking from a president who has repeatedly made false and misleading statements about the pandemic is going away now it will go away things go absolutely nuts said you know my mind it will go a doctor fauci also contradicting that prediction was long as you have any member of society any Demographic Group whos not seriously trying to get
Of country risk as well as author of china vision the America China dubai and his new book on the belt and wrote initiative in chinese or texas right gentlemen crossed out rules in effect that means you can jump in anytime you want and i always appreciate it ok lets go to beijing richard the words that you know the world must change turning over china will change just how do you interpret that because so many commentators and warm policy in the one hall if you will allow his speech at the Nixon Library a big bewildering because its taking todays circumstances in the post cold war in kind of reverting back to when using the same kind of language and i want to talk about the ideological. I mean china will is changing as. Well 1st of all i see in my poem pale speech at the Richard Nixon president ial library was an insult to those nixon political legacy and its an insult to china u. S. Relations for more than 4 to one yes now talking about change i would say no other country has changed f
To american astronauts making history successfully completing the 1st manned space flight involving a private company. And big demonstration here in berlin against pandemic restrictions ignites a debate about the limits i can be placed on the right to Public Assembly most of the protesters not wearing face masks or distance. And was some 2000000 cases of the coronavirus india is racing to develop a vaccine but is politics forcing scientists to make some false promises. Im brian thomas good to have you with us today Afghan Forces. At this hour are battling militants from socalled Islamic State after they attacked a Prison Holding hundreds of their members a gun battle broke out on sunday night after the militants targeted the prison entrance with a suicide car bombing at least 20 people have been killed dozens more have been wounded in this ongoing fighting the attack comes after Afghan Special forces killed a senior Islamic State commander. For the very latest lets bring in corresponde