America, i find extraordinary. How closed down is london . ,rancine much like new york depends on whether its the metropolis, parts of the city, if you look at the city of london, which bloomberg is located in, its quiet. If you go to the center, its quiet, theres hardly any tourists because of the quarantine into the u. K. But if you look at residential places, thats when people come out. Waitinghen people are for Boris Johnson to announce an opening of pubs. It really depends on the communities and whether they feel comfortable. Many people might be elsewhere. And this harkens to your interview with that officer from ubs, and you wonder what the Service Sector is going to do on working from home or the office, what do you think . Greatne we had the conversation yesterday, she could see up to a third of the workforce never coming back to the office area if you think about it, it has huge and look asians for real estate, certainly commercial real estate for offices it has huge implicat
Little bit of leadership. Getting this committee together, leading it. You have not heard from the fed chair for a number of months. Aboutif she doesnt talk a rate hike, where does she stand in the committee versus her peers . Before yellen, we hear from a slew of fed president s throughout the program. Robert kaplan, and Janice Lockhart joining us from jackson hole today. A big show as we can you down to yellens speech. Calm in the markets. Jonathan very much so. Markets go nowhere. That is the story for the last couple of weeks. Futures are dead flat. Is unchanged. A little bit of price action on the dax in frankfurt. The price action is subdued. Conviction is low. It is a directionless market. It is looking for some direction from the fed chair. Crude. E to have that in a week of losses potentially after three weeks of gains. You want to see a range bound market look no further than treasury. The tightest month since 2006 on the 10 year. We open this week on a 1. 57 . Curve, itend o
Europe. Just waiting for momentum to build. One of our best days yesterday in almost two months. 600. Over 0. 9 on the stoxx let me take you on a journey. This is what everybody is focusing on, the magic number, 17,000, the United States on the dow jones. Whether the s p 500 can continue momentum. Whether you believe in the dow theory. That is where they ignited the concept that this bull rally could continue. When you are actually talking about it, sometimes it is over embellished. The u. S. Took the lead and they went charging ahead in asia. Sixyear highs within the asian markets. Here we go in europe. The french Prime Minister tells the markets that the euro is overvalued. Not good for exports. The ecb should do more. Paris down by 0. 2 . Have a look at some of the corporate stories. A baby sales company. They had discussions with destination maternity. Destination maternity offered 300 pence twice and have been rebuffed. Lets see how mothercare opens. When it comes to the number on
As an American Indian, James Conley likes to mark the harvesting of corn in late summer with a ceremony to honor the earth and celebrate new beginnings with…