on the difference between 12 miles of fisheries and 200 miles of fisheries, and i can understand the delicacies. i believe as the prime minister tries to help mr. mccraw by phasing in those fishing rights. we will be speaking with our fisheries expert, therese raphael. and the underlying question, how many can fish at any time, we will see if they want to sign something or whether they want to postpone it. that s get to first word news with ritika gupta. ritika: the justice department is in talks about resulting charges against the ceo of huawei technologies. it is a long-running dispute that fueled a clash between the u.s. and china. canada arrested mag ones out two years ago, confined to the city of vancouver ever since. there are talks of a third prosecution agreement on violating sanctions against iran. that would allow him to return to china. call for says he will americans to wear masks for the first 100 days of his administration. he will issue a standing order biden
short two to three week circuit breaker. the northwest of england, the northwest, the northeast. the list is growing longer. tom: it is going to be interesting. to say the least, the lockdown in america is not a lot done but is very regional, as mentioned in the debate last night. the upper middle west really hit hard right now. in new york city with our news, ritika gupta. ritika: president trump and joe biden covered a wide range of issues in last night s second debate. amongst them, racism, corruption, and the manner in which the president handled the coronavirus. trump: no choice. we cannot lock ourselves up in a basement like joe does. he says we are learning to live with it. people are learning to die with it. he also said the vaccine would be coming in weeks. in that of a guarantee is that a guarantee? pres. trump: it is not a guarantee, but by the end of the year. mr. biden: anyone responsible for that many deaths should not remain as president of the united state
worldwide, a number of stories, including 21 days to the election. both campaigns gearing up and fine-tuning. we are distracted by bank earnings. jon ferro, jp morgan doing better than good. citigroupi am getting , on first blush giving us the same enthusiasm we heard from jp morgan. jonathan: jamie dimon s jp morgan delivering the beat, and it looks like city group is repeating the action. figurepoint out, the eps third quarter, $1.40. a little bit of an upside surprise here. i believe we have sonali basak with us. what are we seeing. sonali: we are seeing a beat on revenue, on fixed income. we are seeing loan-loss provisioning higher than what jp morgan put in, but lower than what analysts expected. perhaps wall street has just gotten it wrong compared with the banks are expecting in terms of loan losses. they are higher than jp morgan, so we are going to want to understand why the divergence, but overall, pretty clean numbers here. tom: as we see the numbers come out, we a
tomorrow. we will have our fed coverage as usual. then onto an exceptionally busy end of the week. there s no question about it, you wonder where this stimulus debate will be in washington by the end of the week and into the sunday talk shows. jonathan: 98 days until the election, you would think washington, d.c. would get it together. just as the economy starts to roll over, as that recovery starts to plateau, the collective will to do a whole lot more fades. that is the story, and it is always the story you when you exit the immediate crisis, the collective will fades. tom: lawrence kudlow still talking about a v-shaped recovery. i am looking at the 3m and 16%, 20%s, unemployment. where is the recovery? jonathan: as of q3, there s your v. after that you rollover. that is what everyone is expecting, even with the reopening. everyone expected that mechanical lift as you go from shut down to reopen pretty much every economist expected it to fade as we got deeper into the summe
the regime changes that are out there in our medicine, the pandemic, as with about the american economy. james bullard of st. louis will join us here in a moment. what we would really like to do is talk about the regime changes that we see right now in the market. to me, it is a very correlated list up off of the navarro uproar of 14 hours ago. jonathan: what a move overnight, whipsawed by peter navarro, who set the u.s.-china trade agreement is over. the president of the united states, his boss, coming out and correcting him. the confusion on that issue is massive over the last couple of weeks. i think john bolton s book over the last week or so has made things a little more interesting as well. it. no question about i know lisa is almost 2/3 of the way through the book. one question which you are an expert on commode is the great distinction between larry kudlow and peter navarro? jonathan: lawrence kudlow seems to have the president s thoughts very much in mind. he is spea