Furman, who was across from chair yellen years ago at the councils of economic advisors. It will be fascinating to see what she does in a very different job. The headline is she has to do with congress and the senate. Jonathan and she is conditioned by the experience of the previous cycle, and i think that is really important. This is about avoiding a premature declaration of victory. Chair yellen has lived that, and im sure she wont want to make the same mistake twice. Tom i am really focused on the department of defense after the chaos we have seen over the last number of weeks, so that will be an important announcement as well. The backdrop here is maybe the clearing of uncertainty, and look where the markets are moving. , 3600. N on the s p 500 64 off the is up march bottom. On a long chart, it is actually a very elegant chart with all sorts of good features. You really Wonder Within the debate of those good conversations opening the show, you really wonder what the next leg is. Th
Ofodollar getting a bit traction. The dollar is going down. This is part and parcel of the yellen trade, which seems to be getting reaction now. It will be interesting to see how she works handinhand with the fed chair. Minutes,e last few crude went through 45. This is wti. We are backing off the little bit, but that line in the sand is the highest level we have seen since march 6, which gives you an idea of the turnaround we are seeing. The big question, is it running too far, too fast . Alix some analysts starting to scratch their heads a little bit, particularly as they look at the curve. President elect joe biden said to announce his selection of former fed chair janet yellen as secretary of the treasury. Joining us as michael mckee, Bloomberg International policy and economic correspondent. What about this appointment is giving confidence to the markets specifically . Theael janet yellen ticks most important box for investors, she makes them money. Take a look at what happened whe
Coronavirus over protests on the streets of paris over a security bill to take police and ethiopias government says to grand forces are surrendering. But t. N. F. Leaders say theyre still battling the advance on the capital. And i know joe biden is forging ahead with his preparations to take over as president as his margin of victory keeps growing. Hes formally unveiled some of his top team while pennsylvania and nevada have become the nation states to certify him as the winner. The president elect was joined by the men and women. Hes picked to be his Foreign Policy and National Security chiefs. Its a team he says is ready to lead the world comes after President Trump began to give way, allowing the official federal transition to begin with government funding and classified Intelligence Briefings as a team that will keep our country and our people safe and secure. Its a team that reflects the fact that america is back ready to lead the world, not retreat from it. Once again, sit at the
Im burnt off in berlin. This is the day the country is genuinely divided. How much damage has the president done . Thomas damage cant do that preceded donald trump, but it certainly was accelerated by his presidency. Well, i think he has definitely sent back to the democratic norm here in the United States, stop the abuse. We can invite people to bridge the differences that divide us the division. Lets begin that work to heal a new north, to heal and unite in america as well as the world. Also coming up when are you planning to travel again . By plane to the pandemic has grounded air travel. Now. The Australian Airline quansah says it knows how to protect your health and the health of the entire industry. And we are looking at changing our tense a conditions to say, for international travelers. At that we will ask people to fix nation before they can get on the aircraft. But you, our viewers on p. B. S. In the United States and to all of you around the world. Welcome. We begin the day
Begin, but he hasnt conceded defeat germanys coronavirus measures. It looks set to be ramped up in the coming weeks. Regional leaders have drafted a proposal to tighten restrictions in a bid to then relax them over the holiday period, restrictions on hotels, restaurants and gyms are to remain in place. A final decision will be made later this week. International donor countries are at a conference in geneva have pledged more than 10000000000. 00 euros in aid for afghanistan. The money will be delivered over the next 4 years, but some of it is conditional on progress made on human rights and peace talks with the taliban. This is d. W. News from berlin. Follow us on twitter and instagram, or you can visit our website, w dot com for 3 weeks after the us election, the transition of power from President Trump to president elect biden has officially begun the dell for the 1st time ever hit 30000 points, a jubilant wall street, while main street hardly noticed, trump continues claiming that t