Cspan. Org. New york Times Economics and tax reporter joins us now via zoom for the conversation about joe bidens campaign you series of economic plants. The first of which was released last week. The second came yesterday. He first explained the pitch that the Biden Campaign was making would these spending and Economic Investment plans. Thank you so much for having me. Its a pleasure to be here. Which will biden is trying to do is counter President Trump on the economy. President won election in part on the string of a very populous pitch for workers who feel left behind and in the current economy and in particular, biden making lots of appeals to the industrial midwest about manufacturing. The first part of joe bidens new plan that he put out last week its called build better back or build back better. It is an alliteration. A little like a little laugh love of the economy. What the vice, the former Vice President wants to do with that plan is to promote much more of a by american et
Extremists and conspiracy cultists are about an mouse and violence. For a party that is consumed with division, with defining us versus them, welsh heres your chance. Us are those who live under the laws and intolerance of one another. This is them. Do you see them . Do you see what they did . This is the only them to worry about in american society. So as we watch a party in search for its soul, the answer is cloudy because we already know what the man who many of them feel loyalty to, the former president , wants to become of these people and from them. Hes on trial for his incessant incitement for the rangry to tae action, to fight for the election to be overturned. Before anybody trying to make it about something else, remember this remember what you are seeing. We have never seen anything like it. It is the worst, period. And they are our worst, period. Too many have hidden from the truth about trumps intentions for too long. January 6th was the price of that. The same people who
Its my argument to you all of you have to worry about the gop crisis what its your party or not. Why . With of to know if this party is going to try to return to the likeness of lincoln or continue to court forces that are many akin to the man that killed him. Because thats what these extremists and conspiracy cultists are about an mouse and violence. For a party that is consumed with division, with defining us versus them, welsh heres your chance. Us are those who live under the laws and intolerance of one another. This is them. Do you see them . Do you see what they did . This is the only them to worry about in american society. So as we watch a party in search for its soul, the answer is cloudy because we already know what the man who many of them feel loyalty to, the former president , wants to become of these people and from them. Hes on trial for his incessant incitement for the angry to take action, to fight for the election to be overturned. Before anybody trying to make it abo
The virus infections now pushed 8 million globally. Haveoutbreaks in the u. S. Some states weighing whether to pause reopening. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures up 2 10 of 1 . It was a very volatile trading session. We had a boost after the fed pledged to follow through with the Corporate Bond purchase, but then again, we had concerns over a second wave of the pandemic. Not to mention the white house now ending an Unemployment Bonus Program on july 31. We have the s p 500 gained 8 10 of 1 . At one point, they lost as much as 2. 5 . It was a really volatile session. Financials and staples led to gains, after dropping last week by the most since march. Take a look at how the dollar is doing now. We have seen the dollar underperforming against all g10 peers and weakening to session lows after the Federal Reserve made the announcement. Right now, we are seeing more pressure on the bloomberg dollar index. The 10 year yield at 72 basis
Reopening on hold. The bank of japan is expected to leave policy unchanged later while reassessing measures already taken to help the virus hit economy. Look at how take a markets are doing on boj decision day. We had that ricocheting session in the u. S. Overnight. If you needed further conviction as to the hand the fed intentionally has when it comes to showing up market demand, you have the announcement from the fed really causing that gain back into positive territory after we had declines of more than 2 in that trading session for the s p. Futures are looking positive. About. 25 in the green. We are looking at chicago nikkei futures trading higher by about. 3 . We are expecting just more operational steps from the bank of japan in terms of providing support to Small Businesses to be able to ride out the pandemic slowdown. In sydney, we are looking at a pop at the open. 2. 5 higher when it comes to futures, with indicated upside of two point 5 when the cash trading session begins,