The transition process starting to kick in. Tom not only the good news, but just as much as there was no bad news today, and that gives a lift to equities and other adjustments in the market. Jeffrey currie will join us from Goldman Sachs, which is wonderful. Futures up 27 and we will talk about the data in a moment, but yes, chair yellen front and center in this historic moment for our politics. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika President Trump is finally calling on his agency to cooperate in the formal transition process with joe biden. That follows weeks of inaction. The General Services Administration Made its official made it official with its acknowledgment that biden was the winner of the election. Still, President Trump says he will contest the outcome of the vote. Formeren has turned to fed chair janet yellen to be his treasury secretary. She would become the first woman in the job if she is confirmed. She is likely to wi
Not quite as thrilling after day as we had yesterday. Ashley connell it, would be hard to repeat. S p and nasdaq dropping because of a covid 19 vaccine fading a little bit. Investors pull out money from the tech companies, that benefited most from the pandemic. Look at the dow and s p and nasdaq down. I want to get tech stocks red across the screen. Microsoft, facebook, nvidia, Big Semiconductor conductor down 6 . Adobe systems down 4 . A lot of the stocks higher on the year but a victim of the rotation of money out of tech. If it is coming out of big tech where is it going . Lets take a look. Consumer defensive names. Companies likes walmart, costco, target, proctor gamble. There they all are. Weve gone from a red skeen to a green screen. Target, all the others also higher. Industrial stocks giving boost from a csx railroad gaining more than 3 as did ge, right around 3 . Raytheon up 4 1 2 . We should mention boeing, gaining more than, well, see in the final analysis 5. 2 . It was up m
Alongside james jones, john bolton, and Robert Mcfarlane will be on the panel together. All of them have served as assistant to the president for National Security affairs. More commonly referred to as National Security advisors. We will hear their insights about harnessing National Power and building interagency consensus to combat the most complicated security challenges of our time. The panel will be moderated by vivienne solana, national buty correspondent before we begin the Panel Discussion i would like to turn it over to my fellow Board Director michael anderson. Michael is the head of strategic at sob usa and has been an invaluable partner in advancing timely debates on crucial Strategic Issues here at the scowcroft center. We thank you for your 11 year partnership. We look been great and forward to many more events like these in the years to come. Before i turn it over, i want to remind everyone. And on theis Public Record and being aired on cspan. To ask questions and our mod
Going back and forth, there will be plexiglass tonight and social distancing tonight. We have more from what we can expect from utah. Were hours away from the first and only president ial debate. It will be an exciting night and one highly and faced. During a election year, it wouldnt draw a big audience. This year, all eyes are on Vice President mike pence and senator Kamala Harris. The president has covid19 and joe biden is 77 years old. Topics could include the economy, health care and the supreme court. A big focus will be on covid 19. Not only will the stage be different with plexiglass and 12 feet of space between the two. The pressure is on for the Vice President mike pence will have to talk about the handling of the pandemic. He will put harris in the hot seat too. He could push her on changing her stance on the green new deal. He may try to separate her from joe biden. Dont expect this to be as chaotic as the first debate. He said given the temperament it will be different. Mi
Domestic threats, they share their thoughts on the evolution of the position. Coronavirus and the next administrations priorities. Such an honor to be here and of course with this very, very impressive panel, im really honored to lead this conversation today. These gentlemen do not need an introduction but for good measure ill just run through the very, very top lines of their bios. General james jones is executive chairman emeritus, who served under barack obama as the nations 22nd National Security adviser in january 2009, previously he served as supreme allied Commander Europe and as the 32nd commandant of the marine corps. Nuclear technology company, he served as the 13th National Security adviser under president Ronald Reagan and is a retired marine corps officer. Its great to have you here too. And of course ambassador john bolton chairs the foundation for American Security and freedom, serving most recently as the 27th National Security adviser under President Donald Trump and a