Interesting enough. We have the gdp numbers, the contraction in that economy, which is awful, obviously, but relatively good to compared to some other parts. Getting the test and trace progress going very efficiently. Fester e talk of an of Investor Outlook for another year. Tom the dialogue on furlough and income substitution over there versus what we see in america. With a briefing, our first word news with ritika gupta. Ritika President Trump and speakers at the Republican National convention put a positive spin on trumps handling of the coronavirus pandemic. The president thanked frontline responders and said the virus is going to be fading. Others warned what would happen if joe biden was elected. There is more work to do, but there is a light at the end of the tunnel. Jobs gains are outpacing what the socalled experts expected. But biden set by radical leftwing policies would stop our economic recovery cold. Hes already talking about shutting the country down again. Its madness.
We get prices down and yields up across bond. I dont know how long it can last, given the fact that we still are getting signs that there are going to be layoffs, and thinking in particular of delta coming out overnight and saying they may have to lay off nearly 2000 pilots after the september period. Ive got to say, still a lot of headwinds out there. Tom i agree. The partition of america is extraordinary. We just spoke to the congressman from the court could from the fourth Congressional District of arkansas. He made clear the economy is really good and sets up the inequalities and differences you see between democrats and republicans. Of course, our convention coverage. One quick point before we get to the complete data check, futures up 15. You looked at the brief for the morning. Lisa Consumer Confidence for there hasof august, been greater resilience than in coronavirus cases. After that, we get a tale of two markets. Roadforce. Has given a into the Consumer Confidence. As you me
A treatment. Bt just topped the stock 600 on the report with the Biggest Group preparing to fend off a 15 billion take over bid. Getting back, bytedance plans to sue the u. S. Government as they look to fight the executive order banning American Companies from working with it and Oil Stocks Jump as the u. S. Prepares for a twin storm scenario the gulf coast braces impact for two Tropical Storms set to hit at almost the same time this week a vaccine developed in the u. K. Ahead of novembers president ial election. According to the financial times, the u. K. Food and Drug Administration is awarding emergency use authorization in october for the vaccine that was developed by astrazeneca heres how its trading near the session. 2. 4 plus on the boards and also across to the European Markets this morning optimism around vaccines and treatments right on the outset and some of the gains continue 1. 4 not much as you can tell not even one along the boards here lets take a look at the markets in
U. S. Cases do continue to decline. The fda gives the go ahead for plasma use in hospitalized patients and a potential vaccine fast track and tech on a tear. Shares of apple up nearly 75 this year ahead of its four for one stock split today. Jim, we have all that to handle and jackson hole this week, the rnc and couple tropical storms in and not a sleepy august it should be a sleepy august, and its not august supposed to be a down month and its not people say, wait a second. 70 of the market didnt do well last week. I always find those kind of things because 70 of the market does well this week. You dont have a bunch of anything to hang your hat on when you look at a big apple price target increase basically to where the stock is you realize, wait a second shes the first. But will everyone have to follow every price target is below where the stock is a lot of people feel enthusiasm for the stock split. Of course, that is part of it. I know stocks mean nothing but they excite people she
Heroes after they killed four men suspected of gang rape and murder in a case that sparked nationwide outrage. And they are calling it the magnifier. Areral australian bushfires so widespread, Authorities Say they cannot be contained. Anchor we begin with a shooting inside a classroom at a u. S. Naval base in florida, which has left four people dead, including the gunman. The suspect is a Saudi National in the u. S. For training. At least eight others are injured at the Naval Air Station in pensacola, florida. Officials say the suspect was unhappy with his commanders and was receiving counseling. U. S. President donald trump says he has been contacted by the saudi leader, who has condemned the shooting. Pres. Trump the kings at the saudi people are greatly angered by the barbaric actions of the inoter, and this person no way, shape, or form represents the saudi people, who love the American People so much. That was given to me by the king of saudi arabia, and i can tell you it is a hor