Of them as i possibly can as time allows. We will be broadcasting excerpts of this interview on Second Thought this friday. You will hear me what we do reid to keep consistence while we are going. Im so excited to speak with lisa napoli, who got her first journalism job at cnn after interning at cnn new york and dc bureaus as a teenager. Shes a reporter for the new york times, marketplace, msnbc, and many other outlets. She is author of two previous books ababout the man who made the mcdonalds fortune and the woman who gave it all away. Lisa, thank you so much for being with us, really excited about talking about this book. Lisa back at you, thank you so much, i use the Atlanta History Center for research so im delighted to be virtually what the constituency now. Its difficult for people watching to imagine life before news was all the time or what Television News look like before cnn launched four years ago. Just how out there was this idea of 24hour, 24 7 Cable News Network before cn
30, which is interesting and worth bearing in mind we have not traveled that far. The bank of england stepping up preparations for negative rates. You can see quite facing the repricing at the front end of the u. K. Curve as we see the two moving as twoyear prospects of negative rates appear to become greater. Alix more on that boe decision with paul dale, capital economic chief u. K. Economist. Negative rates when, where, the future, how do they do it, when do they do it . I think the answer is probably not for a while, if they even do it at all, which suggests to me that the markets have got a bit too excited. We know that the bank of england has been thinking about negative Interest Rates for some time and said in august for the first time that it is part of the target. And today, the minutes revealed that they have started to make preparations so if they didnt want to use them, they could use them. Now i think that is very different to actually wanting to use them. Back in august,
[background noises] [background noises] welcome everybody to todays hybrid hearing pursuant to house rules some members will appear in person and others will appear remotely via webex. Some members are appearing in person and let me first remind ereveryone that pursuant to the latest guidance on the house attending physician all individuals attending this hearing in person must wear a face mask. Numbers werefa not wearing a may facemask will not be recognized and let me also make a few reminders for those numbers appearing in person, you will see members and witnesses appearing remotely on the monitor in front of you when you are speaking is what is known in web acts as active speaker you. A timer is visible in the room directly in front of you. Members appearing remotely i know youre all familiar with web ex by now but let me remind everyone of a few points. First, you will see each person speaking during the hearing whether in person or remote as long as yous have your web acts set t
[inaudible conversations] welcome, everybody, todays hybrid hearing. Pursuant house rules some members will appear in person and others will appear remotely via webex. Since some members are appearing in person let me first remind everyone that pursuant to the latest guidance from the house attending physician all individuals attending this hearing in person must wear a face mask. Members who are not wearing a face mask will not be recognized. Let me also make a few reminders for those members appearing in person. You will see members and witnesses appearing remotely on the monitor in front of you when youre speaking in what is known in webex as active speaker view. At time is visible in the room directly in front of you. For members appearing remotely i know you are all familiar with webex by now but let me remind everyone of a few points. First you will be able to see each person speaking during the hearing. Whether they are in person or remote, as long as you have your webex set to
The fda approving a 5 15minute rapid test the ceo will join us thats a biggie as power lunch starts right now thanks as august comes to a close, its been a stunning summer rally the dow up 13 the s p up 15 and the nasdaq up 25 . Bob has more for us. Bob. August is usually a nothing month. Not this much. Usually august is typically flat to down. Were up 6. 8 so far best august since 1980s. April, may, june and july have been pretty good monthly gains five months in a row. Why is it happening . Everybody wants to think its apple because apple is up 18 . The s p would be up 4 rather than 6 . Its a lot more going on than apple. The pricing are pricing at some economic rebound could see the returns. The dow transports are up. Thats a cyclical group. The russell 2000 is up high yield is the best performing bond asset. This wouldnt be happening if they were projeking iproprotecn economic downturn. The better argument is theres a bull argument thats winning the argument so far. This is the arg