See what will happen, cierra. Reporter good morning, kris. On several occasions, governor gavin newsom has mentioned we needed to get our numbers under control. And he said if the numbers did not get under control, there would be increased restrictions. And in that same breath, he also mentioned l. A. And what they were doing to get their numbers under control. Now, to get you up to speed last week, the city ended their Outdoor Dining. Issuing a modified stayathome order, echoing the county rules that went into effect monday. It bans gatherings from people outside the immediate household with some exceptions. Insider that has been part of the recent Conference Calls with the governor says we can expect an update in about a day or two. But for businesses already working to adapt to the changes when we entered the purple tier, the last nine months have been a battle. The owner i spoke with says he was grateful he was able to obtain a ppp loan to pay his employees and is optimistic about
Begin with some working news. Lisa Moderna Vaccine information has come out. Rate is what we saw, i higher efficacy rate then pfizer. Last week, people were talking about pfizer and how it had to be kept at ultracold to birchers until a couple of days before it was distributed ultracold temperatures until a couple of days before it was distributed. This one has a 30 day shelf life at standard refrigeration. This is very promising, and we are seeing a reaction in markets. Jonathan they are the headlines. Lets plug them into the financial markets. There is the pop on what irna. Equity futures in the United States, on the s p 500 come on the nasdaq, and on the russell as well. Futures, up russell by a little more than 2 . A record high at the close on friday in the russell, and we advance once again. I want to check in on the bond market. Yields higher, curve steeper. Switch of the board. Bonds lower, yields higher, up three basis points on tens. On 30s, we advance three basis points. In
Fromsion off of the news pfizer. Lets just frame where this market is. Ill let lisa worry about bonds. I am looking for an entry point, and i dont have one coming with s p futures out to record highs, up 120. Jonathan lets get straight to the price action of this moment. Equity futures are absolutely surging, up by 3. 3 . It is a huge turnaround. On the 30 year we go about to 88 basis points. A bit of dollar weakness back through this market, just south of 1. 19. A vaccine possibly helping us normalize this global economy. What does that mean . Bti with a 40 handle. Lisa it looks like pfizer will get some of the safety data necessary to see whether they can get some of the emergency approval to roll this out. This is what everyone has been waiting for. I simply, what is the Circuit Breaker to the surge in covid cases we have seen . Could this be yet . The market is saying yes, and the chances of higher growth, very high according to the market trade this morning. We can bring in sams n
Phone lines split up as usual this morning. Democrats, 202 7488000 is the number to call in. Republicans, 202 7488001. Independents, 202 7488002. You can also send us a text. That number, 202 7488003. If you do, please include your name and where you are from. You can catch up with us on social media, twitter and facebook. A very good monday morning to you. You can start calling in now. Theheadlines on this topic, first use of the vaccine maybe december 13. 40 million doses said to be available by the end of the month. That from the front page of usa today. Frontline gets the first vaccine doses, but then who . Thats the question we are asking this morning, asking you to be in the position of setting the priority, how would you do it . Turning to the cdc webpage there, i q a on how the cdc is making its covid19 vaccine recommendations. Making those disease vaccine recommendations based on the input from the Advisory Committee on immunization practices. Its a federal Advisory Committee
Enter this world awake for justice. Again you can find all this on our website at schaumburg. Org. If you are watching from the festival website you can scroll to the bottom of this particular page in shop the featured book. You can shop the rest of the festival from the bookish things my schaumburg shop. You can navigate or you can check out the full schedule of events. And just to let you know in the screen that is in front of your coffee look up in front of you if youre not seeing the chats, the little sort of comments if you where, talking bubble should the expansion chat for you. An ill be joined by alexander who is a senior staff writer it columbia journalism review. Previously she was a reporter at the Village Voice and covered education for the project were to partnership between columbia university, columbia journeying ten Journalism School part shall be in conversation with wando small following will introduce one that there will be a reading. And then following the conversat