Busiest week of earnings thus far. Trillionlmost 16 worth of corporates reporting. We need to figure out exactly what the set up looks like. Lets do that with scarlet fu. Scarlet what we have learned so far as we are deepening in an earnings recession with more than a quarter of the s p 500 having reported. Third quarter etf down 18 . Third quarter revenue down last, but still up 4 versus last year. We have definitely turned the corner because declines in the top line and bottom line are less bad than it was in the second quarter. It may even turn positive by the second half of 2021 when the conversations become easier. The market had priced in all of these Third Quarter declines. So far, so good. 500 are topping estimates overall. Sales are beating estimates by 3 . That is the most in two years. Eps is surprising to the upside by 18 , slipping from a 23 margin in the second quarter. Gina martin adams says Growth Companies are beating estimates more widely than value companies. When ea
Make up your. Job made for mines. Germany braces for fresh blocked out restrictions for the month of november the countrys finance ministry plans to spend up to can a 1000000000 euros in 4 weeks to help the fact that this is the 6th. The c. E. O. s of Google Twitter and facebook faced u. S. Lawmakers to defend their content moderation practices in the fraught nearly 4 hour hearing. And bring on the fake snow chinas hoping to create a nation of interest for its enthusiasm ahead of the Winter Olympics in 2022. This is the the way of business im joined now the an amber lyon thanks for joining us. We begin here in germany where the surgeon coronavirus cases has prompted the government to impose a socalled soft lockdown starting monday next week for 4 weeks we need fresh coronavirus aid will be needed to help prop up businesses up to 10 up 1000000000 euros is being made available to reimburse the lion share of companies lost sales as restaurants clubs and bars shut down for the month of nov
A matter how it welcome a u. Latest meeting in brussels are hoping to breach agreement on a number of difficult issues a joint approach on turkey and how to distribute coronavirus recovery funds among them delegates are also hoping the 2 day summit will break a deadlock of a potential sanctions against Bella Bruce Europe is in agreement it needs to act against president Alexander Lukashenko but faces determined opposition trying to win the one remaining vote it needs from cyprus. He has become the end like essential if attention at this 2 day summit in brussels nick us and asked us yeah this the president of cyprus has caused a big stir lately cyprus is long been the only amendment states opposing sanctions against valorous officials. And the e. U. Requires a unanimous decision to impose those measures as leaders say the e. U. Risks losing credibility if cyprus continues to block the sanctions the situation. Is deteriorating the shaft continuing. Crites we have to train people to track
Cancers. And there are many stories. Make up your mind. Made for mines. The fate of thousands of Airline Workers rests in the hands of the u. S. Congress tens of thousands of u. S. Airline employees out put on unpaid leave as washington remains in deadlock over the stimulus also coming up south africa is open to International Travelers again but auto rison business travelers kid into this is coming. Its just starting to emerge from a strict coronavirus rocky ground. And is losing its technological edge thousands of ideas specialists have pledged to ukraine to escape the violence at home. But im pretty new business on morning joe johns in berlin good to have you with us u. S. Carriers American Airlines and United Airlines have said they will put a combined 32000 workers on unpaid leave starting thursday after a government Payroll Support Program expired at midnight republicans and democrats this week making a last ditch effort to a bipartisan stimulus package that could include support
Its about your dignity. Its about respect. Its about your place in the community. Its about being able to say honey, its going to be ok, and mean it. Ive never forgotten those lessons. Thats why my economic plan is all about jobs, dignity, respect, and community. Together, we can and will rebuild our economy. And when we do, well not only build that. Well build a better, with modern bridges, roads, highways, broadband, ports and airports is a new foundation for economic growth, with pipes that transport clean water to every committee, with 5 million new manufacturing and Technology Jobs so the future is made in america. With a Health Care System that lowers premiums, deductibles, drug prices by building on the Affordable Care act hes trying to rip away. With an Education System that trains are people for the best jobs of the 21st century. Theres not a single thing American Workers cant do. Adn and where cost doesnt prevent young people from going to college and student debt doesnt crus