Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
Tom yesterday was extraordinary. We are still regrouping in new york from the news flow yesterday of transactions and of course of the president of the United States. The number one breaking story here in the zeitgeist of the east coast is that the president appears to be healthy, and the real decision for him today is, does he do a rally tomorrow in one of these key battleground states . That seems to be the topic is topiceck the topic the du jour. Francine lets get to first word news in new york city with ritika gupta. Ritika the white house is once again shifting its position on a stimulus package. Treasury secretary Steven Mnuchin told House Speaker nancy pelosi the administration now once an agreement on a largescale relief bill. Earlier this week, they president pulled negotiators from talks on comprehensive legislation. Officials are keeping up the pressure on washington to renew fiscal support for the economy. Dallas fed president Robert Kaplan sees a Slower Economy without mor
Nation. And donald trump is ready to return to the campaign trail saying he might attend a rally in florida this weekend u. S. President was of course hospitalized was cold and his doctor has not said if the president has since tested negative for the right. Im brian thomas good to have you with us today europe is seeing a resurgence in new coronavirus cases that have now surpassed those in the United States still infections reaching record levels in the United Kingdom and in france here in germany meanwhile the capital berlin has been declared a coronavirus ha spot amidst a nationwide surge new restrictions are going into effect with the head of germanys main Public Health Institute Warning that widespread infections are likely if people fail to keep hygiene and distancing rules but Officials Say the countrys Health Care System is up to the task. Coronavirus hotspots are cropping up all over germany but local and regional Officials Say the country is ready intensive care beds are avai
Everyone. Plant no its not a cure for hope it 19 but cannabis has a lot of other medicinal benefits as thailand wants to come on it. But how to do business i want to johnsonville and good to have you with us and were starting with a big Financial Market mirja euro next is set to buy the Milan Stock Exchange for 4300000000 euros your text says the acquisition will create the largest palm European Market maker the deal will be put to a shareholders vote in november euro next owns exchanges in capitals across the continent including amsterdam lisbon and paris. A were going to frankfurt now where our correspondent chelsea delayed is joining me chelsea why is london Stock Exchange selling the bar some milan 0 to euro next. So theres a couple Different Reasons the 1st is that the london Stock Exchange is in the midst of a really big acquisition and theyre buying the u. S. Data firm for about 27000000000. 00 and as a condition of that deal they had to get rid of and. Milan Stock Exchange so t
The students of the past. Training successful. Such as. Starts october 16th. East african stock markets are joining hands they want to learn more capital and big businesses but kenya has pulled out of the planets taking a lot of financial firepower with it. As a hot spot france is seeing record numbers. Infections are rising across europe so are new fears for the economy. And thailand wants to cash in on the growing medical marijuana market that is so weve got the details. Globe welcome to the show im stephen busy in berlin its good to have you with us and we begin today in east africa where 3 countries uganda tanzania and rwanda are preparing to merge their stock markets and the project is funded by the world bank and the aim is to make cross border trading easier tanzanias Stock Exchange features 27. 00 companies with a combined market cap of 6500000000. 00 uganda has 17 together with more than 5000000001. 00 has 10 publicly listed companies have a combined value of 3 and a half 1000