Gold price you look at. December futures are the most heavily traded, and they are closer to 2000 than 1950. It is a conversation as well as real yields continue to grind lower. That sets us up or what you are looking at into the fed on wednesday. What else can they do to offer more . In the meantime, we are waiting for fiscal stimulus in the u. S. What can they deliver and when . Guy that is a question we will learn about in the next few hours. We have this announcement from Mitch Mcconnell, we think that will be around 4 00 eastern or a little after that. It will be fascinating to see where the republicans are and where the democrats are. We know where the democrats are. How big of a gap will there be and can they close that by the time we get towards recess . Alix the other news is the virus, certain areas of the world shutting down again like in spain. Hong kong more restrictions as well. Getting apping after second round of u. S. Funding for an experimental vaccine for covid19. Ta
This for bloomberg on the economy. I am going to lose the introductions this morning and get right to the moment. Weve got great markets. Yields higher, dow futures up 300, etc. No one is focused on anything but an update on this grim labor economy. Jonathan how quickly can this labor market hell is the question we ask every single month now, and we will ask it continually through the morning . Maybe we getting median estimate , maybe it comes outside of that. But the question hasnt changed. It is how quickly we will heal after a big downturn in a very short space of time. Tom a lot of opinions on that, and of course, as i was just mentioning, across the 10 of the american demographic, it will be a different rate of change for the haves and the havenots. And, what is so important, you nailed this a number of weeks ago, is the damage to the broad middle class. We are focused on the elites at bloomberg, and we are focused on maybe the people that service the elites, but it is a broad swa
Making from rwandan genocide to the bombing of us embassies in east africa, syria and more. She gives a clear eyed insight into these and other topNational Security moment. Susan was in the room at the table and even in the crosshairs of american political discourse. What i like most about susans book is not just the foreignpolicy discussion, its also her personal story which is really just as fascinating and captivating as the moments in this situationroom. I think susan sums it up best. I aim to share what ive learned along the way. The importance of alwaysdoing your best. Pick yourself up, dust yourself off and drive yourself down the court to the bucket while maintaining grace under fire. Thats susan, for sure. [applause] and of course theres no one better to interview susan rice and susan tate. We have a lot of susans here today. The awardwinning bureau chief of usa today. Susan has covered six administrations and reported on Six Continents and doesnt of foreign countries. An auth
We are seeing a little bit of a lift. 0. 8 . G some a lot of that has to do with a little bit of optimism when it comes to trade news. We know the conversations are ongoing. I am looking at the u. S. 10year yield. 1. 6 after a big week. Lower negative rates in europe. We will have a look at 10year yields. We will ask ourselves what the inversion meant. Oil, 55. 52. Oil rising after we had this drone attack at Oil Gas Facilities once again underscoring some of the fragility of that region. Coming up, we have an interview with the boston fed president. Dont miss that chat after 6 30 p. M. London time today. This goes back to the conversation as jackson hole starts on thursday. Lets get to the first word news with viviana hurtado. Viviana the iranian tanker looks to be heading for greece. That is according to a vessel tracking data compiled by bloomberg. It was released by the british territory after being detained on suspicion on sending oil to syria. Rain for an 11th straight weekend. 1
Senate committee on banking, housing and urban affairs will come to order. Well consider dr. Lael brainard to be vice chair of the board of governors. And acting director Sandra Thompson to be director of the federal Housing Finance agency. It is amazing what a difference a year makes. We have today safe and effective vaccines that are saving lives that are getting people back to work. 207 million american americans are back fully vaccinated. Our economy has weathered the storm and rebounded in 2021 we added a record 6. 4 million new jobs, more than any year since 1939. It isnt just the jobs numbers. It is the quality of those jobs. Workers demanding raises are finally getting them. They are changing jobs at record rates because people finally have some options. The past year has illustrated our economy works best when it works for everyone. Not just wallace. Not just the top 1 . Everyone. Whether you punch a clock or swipe a badge, whether you earn a salary or make tips. Whether you r