A beautiful new york today. Good morning in washington boston. Early good morning out in san francisco, to all of you across this nation on sirius xm. We also say good morning to anna edwards in london. Why are we doing this . It is august. Ferro is off. From whats is off abramowitz is off. I said, i want anna edwards, and here she is. I am going to go optimism here with bob doll any moment, with home depot and walmart and all that. Explain to our american audience the place of Marks Spencer in the United Kingdom psychology, and what it means that one in 10 bodies will be shown the door. This isnt necessarily a very optimistic way to start the hour, but Marks Spencer, a huge retailer that was on every high street in the u. K. It is going to be getting rid of one in 10 of its staff, mostly through retirements and the like, but it is not just about covid19. This is a secular trend that has been affecting the retailers. Not only do they have to deal with the fact that a lot of their custo
Obama. Plans. Adens we will bring you our interview with the ceo. Asian stocks edge higher after break a500 fails to record at the close. European futures point to a negative just over an hour away from cash trading in europe. Atures suggest we could see lupita of ever treat a little bit of a retreat. They just went up for the morning. We were flat and positive across europe. , we faileded states to make a new high at the close even though we traded above those february high levels. There, wouldd got there have been the breadth to make it mean that much . We have gothe gmm, south korea, closed yesterday. Broadly speaking, we are flat and positive across the asian equity segment. Drift, whether it is asian stocks, u. S. Futures. The dollar is drifting. Making some moves to the downside. Treasuries a little higher, yields come down. Still questions around u. S. Stimulus, an unanswered question for Global Equity markets. Some breaking news across the bloomberg. Persimmong sector, saying f
Even home depot, which was great, is lower, as the whats next is the question that we have. With stacy witless, fw retailer advisors president. Also night one of the Democratic National convention saw democrats ripping it up President Trump with tough words from former First Lady Michelle Obama and bernie sanders. Let me be as honest and clear as i possibly can donald trump the wrong president for our country. He has had more than enough time to prove that he can do the job, but he is clearly in over his head. He cannot meet this moment. He simply cannot be who we need him to be for us. But let us be clear. If donald trump is reelected, all the progress we have made will be in jeopardy. And its most basic. This election is about preserving our democracy. Alix joining me now for more is wendy jennison, Bloomberg Politics editor. What was your biggest pic for tonight and how does that set us up for the dnc tonight . The biggest takeaway from last night was the effectiveness of Michelle O
I do want to highlight a 10 year yield in the u. S. , the yield is lower by about one basis point. 60 to 70 basis points, and how much can we tolerate on higher upside when it comes to yields . The Democrat National convention will be focusing on joe bidens vision of the party. Last night focused on trumps performance in office including his handling of covid19. To everyone who supported other candidates in the primary, and to those who may have voted for donald trump in the last election, the failed federal government that watched new york get ambushed by their negligence and then watched new york suffer but all through it learned absolutely nothing. Itay, six months after began, the nation is still unprepared. Magic if we had a national strategy. So everyone has access to a safe vaccine. More than 150,000 people have died and our economy is in shambles because of a virus that this president downplayed for too long. That even before trumps negligent response to this pandemic, too many
Time to call voices. The 77 percent. Got my. Front porch to flash from the housing boom boom town this is where. Welcome to the 77 percent. This weekend g. W. Millions of teenagers love it but President Trump wants to talk of the United States Software Giant oracle is reportedly interested in taking over a Video Service in the u. S. Which the white house accuses of spying for the chinese also turning waste into money. Ferment gonna making it easier for businesses to earn a bit more by paying them for their discarded plots and German Farmers face 3rd straight disappointing harvest. Im Chris Colburn berlin welcome to the program the race is on for a tick tock and with oracle there seems to be another contender willing to take over the Video Services operations in the u. S. Canada australia and new zealand according to a Financial Times a poor of the enterprise Software Giant has have preliminary talks with tick tocks Chinese Parent Company by stance u. S. President donald trump has threa