determine whether its coronavirus vaccine is safe for infants and young children. this is so important. it s important for school. it s important for getting and keeping the country back to normal. the first participants have already been vaccinated. the plan is to ultimately enroll nearly 7,000 children in the u.s. and canada between the ages of 6 months and 11 years old. also the white house drawing up plans to increase the supply of vaccines to emerging hot spots. the vaccination rate in the u.s. is accelerating. now standing at an average 26.4 million shots reported a day. president biden meantime heading to pennsylvania. a bit later. his first stop on the help is here tour where he ll promote the benefits of the coronavirus b relief bill. let s bring in dr. sanjay gupta. obviously, very important because when we talk about getting everyone, all adult americans vaccinated by may 1st or july 1st, we re not even beginning to talk about kids yet. that s why this trial ma
We will talk to him about why he is doing it and what it is come what has come from it. Alix i hope we can sneak something in there about their activity. Are they seeing a pick up here . David i have burned in my brain just for you. I will ask about it just for you. This is the morning brief. At 8 00, the cleveland fed president will beginning a talk on Monetary Policy and the economic outlook. At 11 30, the u. S. Treasuries will be optioning 50 billion in bills and after the bell, metlife will be recording its earnings reporting its earnings. Alix two and a half hours until the cash open in the u. S. And its a modest risk up kind of day. Kind of moves become the new normal . The u. S. Dollar pretty much on the back foot all day. And sell is buy bonds peripheral bonds. Yields moving lower by about three basis points in the u. S. 60 aalso weaker, under barrel. My chart of the morning, i feel like everyone on the street is talking about it. Dollaryen breaking through key levels like 1. 0
I think what is different today is coming out the crisis, what youve seen banks do, is go back to their basics or go back to the areas they believe they have a competitive advantage. And that competitive advantages oftentimes steeped in scale. When we think of scale and whether scales in markets or Business Bank its or many business. Todays age of Slower Growth and more regulation, if you dont have scale, the odds are you cant buy it. You are not seeing big banks get bigger through acquisition. You have to build it. Slower growth, its tougher to do. ,hat weve seen is the industry in many ways, pull back to areas of strengths. Youve ended up with very different Business Models, which in itself are far more resilient. We can use different examples of firms out there in terms of how they change. Examples, cities as we are not an insurance company. We are not an asset manager. Were not a hedge fund. We are not any of those things. Were simply a bank. Thats the scale that we have pulled bac
We signed it now its going through hopefully quick. Plenty of praise for recovery officials. What a job. The water is disappearing we have a long way to go but the water is disappearing. The flood waters are disappearing, but the clean up and recovery facing millions ever texans is just beginning. Well get updates from our team in texas as well as the mayor of houston and the head of fema, brock long. Plus well look at the potential health risk as result of harvey and hear from Bob Schieffer about the spirit of the Lone Star State and its ability to get through tough times. As tough as this was, its been a wonderful thing, even for the country to watch for the world to watch. But as Congress Heads back to washington and face battles over funding the government, will that spirit of unity prompted by harvey last . Well talk about that and the president s plan to potentially overturn an Obama Administration directive that protects children of undocumented immigrants from deportation. Its
Closing basis and the dow in their own intraday level. We continue with this rally was relatively modest as investors are waiting details on what the fed is going to do with its Balance Sheet unwind. Not expected to be announced when the fed concludes meeting tomorrow. Individual stocks we are watching, sprint and tmobile according to bloomberg reporting have been in talks since august on their combination, theres been talks about them being in talks for longer than that. They could be weeks away from coming to an agreement on some kind of all stocks deal in which Georgia Telecom would be the owner of the combined company. At t and verizon are also getting a lift as we watch that move. On the downside today, in terms of what we are watching, we have some big down movers envision health care is one of them, the Company Announced as chief Financial Officer was up and down and announced a buyback. On its give details forecast, and that could be responsible for some of the decline we are s