Get started let me center best wishes for a speedy recovery to President Trump, the first lady, as well as all the officials who work closely with the president. One month out from november 3 americans across the country have already started voting in the most important president ial election in a generation. President elect joe biden for reelected President Donald Trump will face a double digit unemployment situation and a global pandemic, a reckoning on racial inequality and a divided nation. The one institution that could help address these problems is the federal government. The federal government needs to be effective if it will deliver for the American People. That is why preparation and planning today is critical for effectiveness on january 20. Regardless of your wins a smooth transition this year is not enough in this year we need the best transition ever in american history. Should Vice President biden win the challenges are truly daunting. In normal times a new president fac
Im annemarie green, and were going to begin this morning with the first and only Vice President ial debate, happening tonight. Crews have already set up the plexiglass that will separate Vice President mike pence and senator Kamala Harris. Its a new safety measure after President Trump tested positive for the coronavirus. Danya bacchus is in Salt Lake City where the debate is taking place. Danya, what is at stake tonight . Reporter good morning to you, annemarie. A lot is at stake. This debate is expected to be one that people will watch closely. With the president contracting covid and both president ial candidates being older, voters are think being a vp candidate having to step into the top spot. After last weeks contentious president ial debate will you shut up, man . Theres nothing smart about you, joe. Reporter mike pence and Kamala Harris are expected to set a different tone at tonights Vice President ial debate in utah. These two candidates are just so completely different than
Wall street expects some kind of stimulus. We have another monday morning rally with plenty of green and the dow jones is closing about a gain of 150, but nasdaq up over 100 points. Big tech up this morning i think pretty much across the board, yes. Its all green. Even though three top executives will be hauled before Congress Next week, both sides of the aisle angry over big tex wealth, power, influence and serious discontent about censoring conservative opinions as some senators subpoenaed jack dorsey concerning twitters suppression of conservative voice service. On the campaign trail absolutely no change. The president continues his rallies hammering his message home in the battleground states and joe biden will hunker down. He appears to have put a lid on the week staying home preparing for thursdays debate. That debate is controversial with the moderator who is supposed to be neutral anything but. Her family has donated tens of thousands of dollars to democratic campaigns and in t
5, 6, seven major stories, are driving us forward. Simply an open question with all that is going on, what has your eye this morning . Jonathan the italian bond market. I know that feels a bit off the beaten road, but right now rallying aggressively over the less capital weeks. Look at the spread of btps to german debt at the moment. It is about 20 basis point. That was about 280 earlier in the year. That is one to watch in the debt markets. Tom bond price up, yield down. What is the why . Is it a flight to quality . Jonathan reduced redenomination risk, i am not sure we are completely there yet where we can say that this market now trades like a proper sovereign. What that means, we used to question how long some of these countries would play into the euro zone. The risk of redenomination, moving out of the euro and being repriced in a different currency. The fiscal backstop of a couple of months ago, even though it has not been fully implement it, i think that gave people some confid
Get started let me center best wishes for a speedy recovery to President Trump, the first lady, as well as all the officials who work closely with the president. One month out from november 3 americans across the country have already started voting in the most important president ial election in a generation. President elect joe biden for reelected President Donald Trump will face a double digit unemployment situation and a global pandemic, a reckoning on racial inequality and a divided nation. The one institution that could help address these problems is the federal government. The federal government needs to be effective if it will deliver for the American People. That is why preparation and planning today is critical for effectiveness on january 20. Regardless of your wins a smooth transition this year is not enough in this year we need the best transition ever in american history. Should Vice President biden win the challenges are truly daunting. In normal times a new president fac