So what weve got to do is identify the threats that we have its crazy. Let it be an arms race. Spearing Dramatic Development only. Exists i dont see how that strategy will be successful very critical time to sit down and talk. Drugs has come from unscrupulous dealers but from pharmacies to in every state in the United States weve seen the very sharp increase in the number of people seeking treatment for addiction to prescription opioids. Invited to america under the banner of medicine persisted with the pain but instead of trying to. Dose after dose after dose after dose and really became his drug dealer so whos to blame patients doctors manufacturers i think. This is boom bust one business show you care at the border miss average of 4 in washington coming up. Just a little to not need a spirit of compromise and ambition is to take the risk of returning to harder times and for some who are concerned about that in the end it may end up cost. You know even more pensions are on the rise i
Jihadists. How they are on the on the book on this the 1st part of the philosophy you say in the hague because i. Was asian its. Best that the shaw look cool and. Let you know deep going to look. Closely at them on the theater. And or the nasdaq that ice you know the nearest athens the other day and then the shade but i mean im with the hague on a shout then you. Get. The world is driven by a. Person. We. Ask. This is boom bust one business show you cant afford to miss im going to pour in washington coming up. Just a little to get to meet a spirit of compromise and ambition to take the risk of returning to harder times and for some who are concerned about that in the end it may end up costing us even more tensions are on the rise in brussels as leaders are struggling to reach a compromise over Coronavirus Relief straight ahead we analyze the blocks cope with 19 response plus as with cases like in some u. S. States economies are beginning to close down yet again where does the nation st
We are going to go ahead and get started now. Folks are still arriving, which is fine. But we want to get started because we have a fantastic program for you and not a lot of time this hour is going to fly by. The book is a fantastic read and i think folks especially in the United States going to find that controversial and that is the great thing about the book. It doesnt generate a conversation that i may not be worth reading. But this is a Glass Half Full story of chinas economy and the management of the Financial System and that is offered at a time when u. S. China relations are declining and attacks from all different corners in the United States of the system are growing the business argument that the economy and how it damages the economy is incompatible with the International System and as a result of the u. S. And others need to reduce their exposure to these unique risks. The book tries to answer the question how did china managed to do it, to continue to grow without a majo
167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine candidates and were following the action in washington with the key deadline approaching. Mike, lets start with you its almost faz that rotation out of tech into value didnt even happen. You missed it all of last week you know, exactly a little bit of a stutter step that is all. Maybe it took for the overheated big nasdaq names to cool off for 4 1 2 days, 4 1 2 trading days but they are leading the way today. Is a very narrow rally it is a slow motion breakout you look at a year to date, thats g
We are looking at currencies, strength coming through for the yuan. Dollar weakness is a big factor. Of the planthe back signed off or agreed to on 0. 1 . Us, the euro is up weaknessollar again, down 0. 2 . Hade is still value to be when it comes to chinas bonds, 2. 96 is the yield the. Is the yield. Gold is closing in on 1900 an its spot price. Future is pointing to 1900 in the near future. Il down 0. 7 demandweakness is a factor. Rishaad lets get some sense in all of this. Joining us is frank benzimra, head of asia equity strategy, societe generale. Thank you for joining us. How was your strategy evolving . The last couple of months europe become bullish on , and here politics is playing an Important Role in closing the gap in terms of undervaluation. In asia we have been reinforcing the view on hong kong liquidity. Our remaining strategy is on china. Is that all down to this Recovery Fund and what that presents in terms of a more united cents in europe and the eu itself . A relation