Picked for the Vice President ial nomination and the first woman of color. The announcement came in a text and then a tweet. Xhar Kamala Harris known by so many locally as the daughter of oakland has officially been tapped as Vice President bidens running mate. She is the first black female and the first Indian American on a president ial ticket. This news was overwhelming to the cocalifornia state director of south asians for biden in the bay area. For those of us who worked on her campaign, as a woman of chore, as an Indian American, i cant tell you what this feels like. Im happy. Reporter senator harris was among several women biden was considering for the vp position including Elizabeth Warren and karen bass. In a tweet biden explained why he picked harris saying she worked closely with his late son beau when she was attorney general of california. I watch as they took the big banks, lifted up working people and protected women and kids from abuse. I was proud then and im proud now
Like it is getting down through thursday lows. We are seeing pressure. I love covering the markets. Europe is a snooze fest from an equity market point of view. There is nothing happening. Light volumes. Market trapped in a tight rein from an equity point of view curate we are going nowhere in a hurry. The Energy Sector is reasonably well bid but not spectacularly. The euro is back towards the middle of its risk range. Brent catching a bigger bed. We have the opec note coming out later this week. Reports worth paying attention to. Overnight, we do not see much out of china. You are seeing a little bit in terms of the nasdaq. Alix yes. That is a good point. He saw mike wilsons note at morgan stanley. He came out in the note last week talking about it was a pull forward of demand for tech where sustained acceleration. If there is a pull forward, how much earnings estimates increase can you see in 2021 . You also wonder moving into cyclicals, may be moving into cyclicals and out of the gr
He says it is pelosi who refuses to compromise. And boston fed president Eric Rosengren says over eagerness to reopen the economy without containing covid19 has backfired from the United States. We hear from him at this hour. Manus it has just gone 6 00 a. M. In london, 7 00 a. M. Across europe. Arlsberg. They have guided for the full year, profits will decline by 50 . They had pretty guided a little earlier in july. That buyback is off the table. Organic profit will decline 10 to 15 for the full year. Firsthalf sales coming in at 28. 83. Firsthalf net income coming at 2. 86. Jeffrey is on a buy. We caught up with the anheuserbusch ceo the other day, he said china is back to normal for them. Is thek with carlsberg exposure to mainland europe. That is the top line. Up. Sche telekom, dial me never a fish ibitda comes in and 9. 3 billion euros. The estimate was it. 3, so it was quite upbeat on secondquarter adjusted ibitda. Analysts were saying they were expecting the virusinfected be lim
As joe bidens running mate. Bidens pick, historic. She is the first black female and first indianamerican on a president ial ticket. This news was overwhelming. Those of us who worked on her campaign, i cannot, as a woman, as a woman of color, as an indianamerican, i cant tell you what this feels like. Im just so happy. She was among several women biden was considering for the vp position including Elizabeth Warren and karen bass. In a tweet biden explained why he picked harris saying she worked closely with his late son beau when he was attorney general of california. I watched as they lifted up working people and protected women and kids from abuse. I was prout proud then and im proud now. But things havent always been so warm between the running mates. Last year harris went after him on the debate stage. You acknowledge you were wrong. The two rivals, now friends. Seen here photographed together for the first time today as running mates. It is a moment she said shell never forget. S
Interesting. I think probably a little too early to worry, given where the 10 years right now. Lisa never too early to worry. Jonathan the hyatt is about 90 basis points. We are in the middle. Theres a little bit of concern about oversupply, particularly at the long end, but two governments issued longterm hours. The last few the other was apple and president tim cook. [laughter] it is the 40 year portion that i think is getting the attention. It is about the Duration Risk people are willing to take. Lisa people are saying that perhaps demand for that offering took away from the u. S. Government. You do have to wonder, and i think this is a question a growing number of strategists are asking him selves, at what point does the fed start to get worried, step in and say we have to up our purchases of treasuries in order to suppress bond yields . ,onathan ppi came in hotter jobless claims came in better than expected. We round things out this morning with u. S. Retail sales. Ive got to say