Friday here. We had the range bound markets all week, maybe with the exception of gold. All of that pushed aside by the ramifications of the pandemic. We dont need to go into it now, but i really wonder over the andend, as the economists equity strategists write how they adapt and adjust their q3 view out of the news we are seeing from the sunbelt. Jonathan it is going to be a tugofwar for the next few weeks and months. Beneath the surface, the fragility is really going to start to show in places like texas and florida. Lisa this is the tension. The traditional data we rely upon, getting some of it today at 8 30 a. M. With u. S. Personal income and spending, this data is outdated well before we even get it. There is a question of what do you look at. Do you look at restaurant rivers rations restaurant reservations . Do you look at mobility trends . These are things i am watching in the day ahead. The universityt of Michigan Consumer sentiment survey. At 2 00 p. M. , u. S. Airline execu
If the uptick was a blip. In terms of the nikkei 225, a stronger again so it is extending a slump. The boj may exit negative rates perhaps in march especially on the back of what it did not do yesterday. It did not intervene when the topix slumped to percent. Typically it has jumped in prop up the market at 2 . It is about china and the lackluster performance of vanke causing a lot of trepidation as well as concerns in the Property Market yet again. Moodys downgrading it to junk. The yen is the one we are tracking at this point as it continues to rally. It has outdone every g10 currency this month and some say the rally is at a measured pace. Look at where we are in terms of u. S. Futures. A crucial data that we are waiting for. U. S. Futures and treasuries not doing much. S p futures up by. 3 . Cpi print front and center. Linked to the economy, here is jamie dimon warning that the u. S. Recession is not yet off the table. He says the world is pricing in a soft landing at probably 70 8
Dr. Karimis books, the details of the Current Employment market, how much was the governments commitment this year for employment, and now that four months have passed, how much of this commitment has been realized, as you can recall from the plan of the 13th government from the beginning, it has been announced that one million jobs will be created every year, which is done every year at the beginning of the planning year, the division of institutional and provincial obligations is carried out, and the honorable ministers of labor and country inform them at the same time. In fact, in the year of our handover, the commitment of the governors was communicated to them. This years pledge is made based on calculations. Commitments are made based on these calculations, that the Unemployment Rate will decrease , and we can see that it showed itself in the spring of 1402, by the grace of god. View past seasons in general, the trend of the Unemployment Rate has decreased this year. This year, t
For them. But that is an a direct attack. Host bill in lynchburg, virginia. Caller to me, people claim that the Second Amendment is the most important thing. The right to vote is the most important thing right that we have, and republicans are doing everything they can, all over the country, to try to make it harder and harder for people to vote. We have holidays for everything, but the day that we elect the president or a congressman or something, many people cannot get there to vote and they are trying to make it even harder. To me that is the most important thing that we have in our constitution, is that right to vote. They do so much. Bill, what do you think about early voting, as well as a day off . Voting, they have tried to present that in some states they are working some have early voting. They make it difficult to get absentee ballots, you have to give some special cases are outright lie to get one. Now in virginia where they are oath,g about the loyalty i have another commen
We are 30 minutes into the u. S. Trading days. Julie hyman is to it breaking economic data. Is on consumer confidence, coming in ahead of estimates. The Confidence Index rising to about. 9 versus 125. 9, quattro points better than estimated by economists. In addition, we have the Chicago Purchasing Managers index higher than estimated at 66. 6. Very little change at this point in time, the nasdaq gaining a not muchre but movement. Lets go to a there is movement deal talk and earnings. We have a lot to talk about. Rockwell automation gassing up big as shares of Emerson Electric fall. Emerson has offered to acquire Rockwell Automation, trying to become one of the largest providers of equipment and software to make factories more efficient. They rejected an offer in cash and stocks. Emerson has now confirmed it has made an offer to buy the company. Elsewhere, we are watching earnings. A couple of companies in the Food Industry are than estimated. Kelloggs helped in part by the weaker doll