A fact that seemed to benefit the heirs in a remarkable way remember that billionaires after the 2008 crisis are quite drupal and are more their wealth while a move fast way the American Population went bankrupt and lost their house so im pretty sure going to see a repeat of that by. Joining me every thursday on the Alex Sullivan show and ill be speaking to get off of the world of politics sports business im show business ill see you then. This is a boom bust of the one business show you cant afford to miss friendship or in washington coming up the markets are roaring following a breaking development in the race for a coven 1000 vaccine straight ahead well bring you up to speed on the latest from pfizer and where we stand in the face of the Global Pandemic that the e. U. Is moving forward with 4000000000. 00 in tariffs on u. S. Products due to illegal subsidies provided to boeing later well go over the details and how a change in the white house may affect the trade relationship betwee
Washington coming up the markets are roaring following a breaking development in the race for a coven 1000 vaccine straight ahead well bring you up to speed on the latest from pfizer and where we stand in the face of the Global Pandemic plus the e. U. Is moving forward with 4000000000. 00 in tariffs on u. S. Products due to illegal subsidies provided to boeing later will go over the details and how a change in the white house may affect the trade relationship between the 2 sides with a packed show today so lets dive right in. And we lead the Programming Program with promising news on the copen 1000. 00 vaccine front as early data from foreigners or shows there vaccine candidate was more than 90 percent effective but does this mean the end of the pandemic is in sight well our t. V. Correspondent tony chavez has been following the story and filed this report. Say a coven 1000 x. Team has been developed and maybe more than 90 percent effective german Biopharmaceutical Company pfizer and m
Is a boom bust for the one business show you cant afford to miss friendship or in washington coming up the markets are roaring following a breaking development in the race for a coven 1000 vaccine straight ahead well bring you up to speed on the latest from pfizer and where we stand in the face of the Global Pandemic that is moving forward with 4000000000. 00 in tariffs on u. S. Products due to illegal subsidies provided to boeing later well go over the details and how a change in the white house may affect the trade relationship between the 2 sides with a packed show today so lets dive right in. And we lead the Programming Program with promising news on the colbert 19 vaccine front as early data from foreigners are showed their vaccine candidate was more than 90 percent effective but does this mean the end of the pandemic is in sight well our chief correspondent Trinity Chavez has been following the story and filed this report. Say a coven 1000 back scene has been developed and it may
Have Edward Lawrence and in washington. Reporter they are scheduled to talk about right now. They usually talk about an hour on these phone calls. There is very slim chance of getting a relief package to help americans by election day. President donald trump said this morning it is political. And House Speaker nancy pelosi does not want to help the economy because that would help the president win. His economic advisors say the House Speaker packed her package with a lot of stuff unrelated to the coronavirus. There is a number of political and idealogical points in that have nothing to do with covid and we dont want to go that direction. If it is targeted right, absolutely. It is not it is not going to work. Reporter even if a deal could be reached the president said he would go above 2. 2 trillion, still reaching republican senators for their vote might be a challenge. The president says he would lean on Senate Majority leader Mitch Mcconnell to get the votes. It might be a hard sell
The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty big moves over the last few days. Then weve got what is going on with the chinese currency. China back today from golden week. A huge bid in terms of equities and the currency. Will the pboc squash that one . We will wait and see. Europe focusing on what is happening with the lockdown story and what is happening with the bond markets. Lisa the pandemic ongoing, leaders stepping up to contain the surge in virus cases across the continent. Bloombergs maria tadeo joins us with more. What do we know