Hi im Steve Clements i have a question is there a connection between the shooting of jacob blake and can osha wall street capitalism and Excessive Military spending my guest today says there is lets get to the bottom line. When a policeman shot jacob blake 7 times in the back in front of his kids in wisconsin last month it was a painful reminder that real change is not coming fast enough to these United States the shooting reignited passions across the country especially after an armed white 17 year old counter protester came to wisconsin from a nearby state until 2 other people protesting the shooting so whats going on in the United States are we heading down a healthy road will race continue to be used cynically to get votes while the poor and disadvantaged continue to suffer endlessly joining us today is someone who has been thinking of preaching about these issues for decades he is professor cornell west one of the most prominent intellectuals alive professor west teaches at harvar
August and a different first of september that has transfixed the nation. In the markets, there is no question i am looking at a weaker dollar today, a profoundly weaker dollar. Text still lifting. Francine the weaker dollar also giving a lift to commodities. A full roundup of the asset classes. To the bloomberg first word news. Ritika President Trump President Trump claims a man arrested for killing two people in wisconsin was acting in selfdefense while simultaneously criticizing the killing of one of his supporters over the weekend. Joe biden flipped to the republican slogan that nobody is safe in joe bidens america, he said the president cant stop the violence because for years he has fomented it. J. P. Morgan chase says investors should prepare for the chance President Trump gets reelected. The bank took a look at polls and estimates there could be a shift of up to 10 points from democrats to republicans if the protests turn from peaceful to violent. The pandemic has created tons
So much for these phrases that we love. Lisa we learned something yesterday. We take that pile of cash and split it into quarters and then you have more money. That is what we learn from our end has left. Apple and tesla. Tom we are doing a lot of strategies,equity fixed income strategies. Futures up, another equity lift to the markets. Lets get right to the morning brief. Lisa we are going to get the manufacturing data for the month of august at 10 00 a. M. Youre getting, u. S. July construction spending. Housing, red hot. We are likely to see more edification of that trend. Look at lumber prices tripling. U. S. August to get wards total vehicle sales. There may be cooling there. What does this mean about how much money people have to spend . Also today, President Trump visiting kenosha, wisconsin against the wishes of some local officials to discuss recent events that have transpired there, the death of one of his supporters, the rioting come of the protests the rioting, the protests
September. What is interesting, with the this on the screen, unconventional transaction of tesla. Additional 5an billion of shares geared toward perhaps the nonmainstream, the nonwall street crowd. Tesla is interesting because people using bubble with stocks. 2 tesla. Tom a recent secondary, even with moonshot on the markets. This will not be publicly offered. It will be Equity Distribution and distributed by banks as tesla chooses. Somewhat akin to what we saw with lesser successes. Here,l be widely studied the why of this transaction as well as the need for 5 million they are looking for. Here andarkably up big still elevated from where they were. What else are you looking at . Ina the story today markets, aside from tesla, is the dollar and the question of whether people are going to say this is the end of dollar supremacy or if this is just an indication of the low yield, the negative real yield and this idea of global trade. It is the two sides of the story. Tom not only yields do
Before that he served the seventh district in the house of representatives since 1976. We also welcome congressman joe kennedy. He served in 2013, and then as an assistant district attorney. There will be no opening or closing statements. The candidates will each get one minute to respond to the same question. After that, there will be rebuttald periods of known as debate. There are just three hard and filibustering, no talking over each other, and always obey your moderator. Thank you, gentlemen. Lets begin our debate. You will go in alphabetical order. Mr. Kennedy, you will take the first question first. Senator markey will take the second one. Throughout this campaign i heard questions from voters. What is the difference between the two of you . What is the most important difference between you and your opponent . Thank you. Thank you for being here tonight. I believe you deserve more out of your senator. Government that is disconnected from its people. Economy that has made it impo