Isnt it beautiful . Im on my way to the town of topping to hear all about a strange inheritance that was literally stuck in mud. My brother billy and i inherited our fathers oyster biz, which his father started farming in 1899. We didnt want them. The business was dead. Hoping we could bring it back to life. Hey, guys, im jamie. Hey. Im travis. This is my cousin ryan. Nice to meet you. How are you . Its absolutely gorgeous here. Before i crack open the croxton family story, you got to know a thing or two about oysters, which raw, baked, or fried have been a part of the north american seafood diet for thousands of years. I get the scoop from tommy leggett, a marine scientist and longtime commercial fisherman. So, were they always so popular . I mean, oysters are all the rage. Is that sudden . No, no, no. Native americans have been eating oysters forever, all around the Chesapeake Bay. Tommy tells me oysters were not a delicacy back then, but an everyday meal. When they finished eating t
The eu will meet today to consider a brexit extension until the end of january, with an option for the uk to leave earlier if a deal is approved. Why . Well, although a deal has been agreed between the European Union and uk Prime Minister borisjohnson, british mps havent yet given it their endorsement. Eu members are looking at a range of brexit extension dates including november 30th, december 31st and january 31st. If an extension cant be agreed, the uk will leave this thursday without a deal. That possibility is undoubtedly causing concern in the business community. The institute of directors says more than half their members favour another referendum or general election over a no deal brexit. If the eu backs a longer extension then they could get their election wish. Borisjohnson has said he wants to hold one on december 12th but he needs the support of two thirds of mps. Chris southworth is the secretary general of the International Chamber of commerce who represent businesses acr
Surveillance, on tv and radio, alongside tom keene, and lisa abramowicz. I am jonathan ferro. The equity market on the s p up by 0. 5 . I think we can call this a month to forget. Tom in and a quarter to forget as well. The same tensions we have seen off the week. I will go back to something we said months and months ago. The acclaimed black swan quantitative finance expert, taleb, said the gravity has returned to the market. It was a great september. Jonathan it could stronger in the market. What a range we have seen. The high yesterday 4. 6 861 on the 10year yield. This morning, 4. 54. I am not sure what that is based on. Lisa a maybe we got softer than expected inflation out of europe and very little in japan that did little for the market. I am curious how much we are looking at out of the market. Suddenly bond markets are what issuing showing the volatility normally associated with different asset classes. Tom i dont know what we had in the hd block. I am certain in the first bloc
In 2016 donald trump carried michigan with the support of the car workers. Today it wasjoe biden who stood alongside them, the most pro Union President , he said, in american history. But does he support their calls for a four day week, and how will he resolve a strike in its 11th day, that costing the us economy billions of dollars . We will get the thoughts on that and the impending Government Shutdown from our panel this evening in Washingtonjoel Rubin former advisor to the Us State Department and on this side, the conservative commentator and columnist tim montgomerie. Its hsz, the High Speed Rail Linke that weighs on rishi sunak. But if he scraps it where does that leave the plan for levelling up. Leave the plan for levelling up . Well hearfrom one engineer tonight who worked on the project who thinks phase 2 should be dropped. Good evening. It is without precedent. A sitting us president joining a picket line. Joe biden was in michigan today to visit the workers striking against
Seven words, im Jonathan Ferro. U. S. Retail sales before we get there, an ecb retail story. It deadline for taking on the detroit three. Tom ill start with the cut up clock for inflation, people digging into inflation, could be shows many significant disinflation and that is what Christine Lagarde is to confront. If there is rates, are they doing the wrong time . Jonathan we are split down the middle. Tom citigroup, bnp paribas, there is a long list and i think that list is growing after we heard the last couple of days. Lisa the market has been pressing since the midyear that the ecb is would you raise rates for the current 3. 75 . The question is how are they going to do it . Are they going to into get a hold and then indicate theyre going to raise rates further . Is there any variation from that particular iteration of decisions . Tom American Airlines and what we are seeing there, i think Helane Becker joins us today, but there is disinflation in the air and yet in europe we are t