Hour. Fox Business Team coverage. Blake burman in washington today, Hillary Vaughn in wilmington, delaware. The president elect is meeting with a group of governors. Grady trimble in chicago where businesses brace for more lockdown related loss. First we start with Lauren Simonetti about the new cdc warning about thanksgiving travel. Lauren . Lauren good to see you, the cdc is urging americans not to travel for thanksgiving one week from today. Were in the worst of the pandemic yet. Over one million americans infected in the past seven days. 80,000 in the hospital. Still look at these numbers. 50 Million People will hit the roads to see family and friends next week. While that is 10 fewer than last year, it is still a large number of people traveling. Nearly all of them, 95 will be traveling by car. So if you are hosting a gathering, this is the cdcs recommendation. Keep it small. Keep it outside. If youre attending thanksgiving gathering, the cdc says bring your own food, drink, plate
The Central Bank Governors replaced overnight. The lira jumps. Monday, a certainly eventful weekend. Tom keene joining me to look at the next president. Im excited because your way out front on the turkish lira. Seeing with the path forward for the investor is. Biden,. All about joe tom the president elect tries to figure out how to change the dialogue on covid. And i cantry emphasize how perfect the weather is across such a nation. It obscures a massive increase in cases. Hospitalizations are not critical, i dont know if its the same tensioner feeling in london. Its different here because weve been in lockdown for five to six days. ,e saw a Record Number of cases the u. S. Numbers are actually staggering. 120,000 new cases last week. We look not only to the task force joe biden put in place will put in place, but the Market Reaction is muted, if not a little bit positive. The senate possibly being held by republicans meaning they will without thenefit extra taxes. Global equities rall
Heal the soul of this country so that we can effectively address this crisis as one country. Were hardworking americans have each others backs. And now to our top story at 3 and may be months before president elect Joe Biden Takes Office but hes already getting the ball rolling with a new Coronavirus Task force on the heels of pfizer announcing early data its covid19 vaccine is 90 effective. President elect joe biden says a lot of work still remains which is why Biden Announces New covid19 Task Force Washington correspondent alexandra le mon has the details. I will spare no effort to turn this pandemic around president elect joe biden says a lot of work remains to be done to battle the coronavirus pandemic nearly 240,000 deaths so far. Protecting the projections still it okay we can lose. 200,000 more lives in the coming months thats what biden announced his new covid19 task force which includes a former Surgeon General former food and Drug Administration or and a yale professor biden
Treasury yield target. Chancellor merkel looks to repair the transatlantic trade ties but bidens Irish Heritage threatens the u. K. s special relationship as his views around a hard border in ireland remains central to brexit talk. Welcome to the program, everybody. Just under one hour to go until the start of cash equities trading. Lets have a look at where users have us positioned. We saw a strong appetite for risk assets last week and that continues with the big news over the weekend about president elect biden. Point 21. 550 futures percent, echoed by ftse futures and dax futures. Buyave a sense of if not everything, buy risk and treasuries. We are not seeing full wholehearted embrace of the fixed income asset class this morning. This is what got on the global stocks outlook. Mastec futures outperforming. A lot of this had to do with hyden the optimism around what President Biden might do around stimulus although there is a senate conversation. What does this mean for reflation . W
A new law that disqualifies prodemocracy legislators. The u. S. Reports its highest daily death toll from coated 1000 since early may. Health experts warn the pandemic is accelerating. And Jerry Rowlings the military coup leader who guided ghanas transition to democracy. As time goes small says finally, teazle fortuitously, the most delayed and the law is only beginning drawing was a beings with many jews are so driving these opposition now, ethiopias military says its making gains in the northern tikrit region where the federal government is battling local forces this offensive began last week. The ethiopian Prime Minister, met accuse the Regional Government of attacking a military base. Aid agencies are warning they cannot bring much needed supplies into the region because of the fighting. Thousands of people have since fled, many of them to neighboring sudan, while aljazeera to morgan is near sudans, war that with ethiopia will be speaking to her and just a few minutes but 1st. Lets