Switch the dow around would we be looking at essentially the same falloff . Essentially we would. This is taking nine of 12 key sectors down. Financials are holding up pretty well today but a lot of this was driven right now by concerns, comments made by dr. An any fauci. I believe he was doing interview on cnn he expressed doubts having a vaccine ready by october. I think there was leaping on that as excuse to sell, just as it could be a leap on Mitch Mcconnells comments that we might not get a deal together, spending measure, virus, stimulus deal together anytime soon. And that he doubts they will be on the same page, republicans and democrats anytime soon. Add to that that weve got new u. S. China tensions. This didnt get as much attention. It has nothing to do with trade per se but with the administration move to impose restrictions on chinese diplomats already here. I do think when you get a selloff going, people collect all of this together, say, sell, sell. It is not that neat a
The Federalist Society is founded on the freedoms that the separation of governmental powers is central to our constitution and that is emphatically the province and duty of the judiciary to tell you what the law is, not what it should be. The society seeks to promote both an awareness of these principles and to further their application. Now, you may notice i have an adam smith tie on today, and that is not because we have an economic historian coming to speak to us, but it is because adam smith was principally an educator. He was a professor and a private tutor, and he was beloved by his students. And marcus witcher, you have seen throughout the day, is known as a very exuberant, enthusiastic educator. I first met marcus several years ago at an institute, or you may say a conference, i spoke, and then he followed me. He later told me, and i mean years later, that he was so relieved that i went first, because i did not do such a good job, i made it so much easier for him to follow. [l
Starting with japan where the governing party has elected its new leader to succeed shinzo. A long time ally of the outgoing Prime Minister this liberal Democratic Party leadership vote paves the way for him to be placed in a parliamentary vote later this week is japans longest serving Prime Minister resigned last month for Health Reasons robert broads following this one from seoul today hi rob this looks like almost a succession in the end rather than election will be more of the same from a longtime ally of the Prime Minister. Indeed this is always going to be a foregone conclusion but still an impressive margin of victory or he goes super getting nearly 3 quarters of all of the votes cast his 2 rivals coming nowhere near to challenge him but then of course he was always the anointed successor in a way to as shinzo having served as his loyal faithful right had man as the chief cabinet secretary for nearly 8 years very much believing in these socalled conservative economics that were
To start in september. The s p 500 is therefore positive though not at a record. Were 59 minutes left to trade and we have two big exclusive interviews coming your way on todays show delta Ceo Ed Bastian will join us with the latest view from 30,000 feet on the state of the Airline Industry and his companys announcement today to keep middle seats blocked until at least the end of the year. Plus, well speak with marc short about stimulus negotiations or the lack thereof. China trade talks and the latest signals on the economy you dont want to miss either of those conversations. Lets get to the big stories were tracking a volatile day for the lows we have a look how the economic recovery hasnt benefited everyone but we begin with the fast moving developments surrounding uber and lyft in california. Fast moving indeed. We found out just moments ago that uber and lyft have won a delay for converting drivers to employees. The i was about to come on tv and tell you that both apps were going
Rafik hariri and the 1st terrorism trial by an international court. And we take a look at the plight of the people in gaza as only power plant shuts down. Welcome to the program alis president Ibrahim Hooper kjetil has resigned after being detained by soldiers in a coup he appeared on state television saying that he had no choice but to step down as he didnt want any bloodshed the west african blog echo ours has closed its borders with mali suspended financial flows and called for sanctions charlotte dallas reports. The bamako residence of president Abraham Boubacar Kasia secure and heavily guarded but instead of keeping people out the soldiers were keeping him in he and Prime Minister boosts to say we detained here on chew. Day confusion prevailed today with no explanation by the military or government until president keisha appeared on state television announcing his resignation. I want no blood to be spilled to keep me in power and thats why i would like to think a 1000000 people fo