Hughes is what we claim we want. In both a president ial candidate and a president. A man who did get it. A man called Charles Evans hughes as a Supreme Court justice. All but when the election. In 1916 when president Woodrow Wilson went to bed the Election Night, he thought he was beaten. He had been elected, how American History goes in several Different Directions on suffrage, civil rights. What does he do on Foreign Policy . Germany baited us into war. Wilson would hughes have avoided it . Hes the one you could write novels about. He had Charles Evans hughes who would later the he was on the Supreme Court. He left the Supreme Court when he ran for president. He went back on the Supreme Court. One of the finest minds on the court. A fellow justice called Charles Evans hughes, the greatest in our great line of chief justices. Why hughes . Robert jackson provided part of the answer when he was attorney general. Jackson said that hughes, quote, looks like god and talks like a god. And
How have you been. We call ourselves partners in crime. That we are not going to talk about the crime part of it, just to the partner part. What has been interesting since ive been in the position of library of congress is the fact that people ask me what does the National Archives do. What does the archivist do a and then theres a confusion around the history and the role of each of the institutions, and ive learned a lot about that even in coming up to reclaim the declaration of independence, the bill of rights. We call it the constitution. And that was held by the library of congress and the type of thing. It wasnt until the 1930s the United States got serious about its records. Iwas Franklin Roosevelt was passionate about records and that we actually created and he signed the legislation that created the archives. The charters had been in the custody of the state department independent of library of congress when the archives building was built, a beautiful tabernacle was created f
Tuscany. Off, somewhere outside toledo. So Francine Lacqua joins us. That is not toledo, spain. Outside toledo, ohio somewhere. I want to get to the data in a moment, with markets moving. Futures 21. I would say this has really this is really jump circuit by the french pmi numbers. Why was this a surprise . Francine i was reading the breakdown. The sharp slowdown is basically driven by services. It shows that the escape from recession wont be flailing like some economists thought. Guess it is partly seasonal i would also point to the fact that infections are rising quite significantly, especially in france, germany, and other countries. Leaders are saying they dont want to go back into lockdown, especially when you look at these pretty terrible numbers in terms of many factoring pmi, but also services pmi. It might also be difficult not to preimpose measures if the number of people getting infected does rise. So it will be a complicated quarter going into the winter months. Tom a massi
We have a show full of chief executives and experts when it comes to treasuries. We will have a conversation with scott f. Thiel shortly. This is what markets are doing. Charts withuple everything from s p to growth versus value stock. Oil is pretty much study. Decline in banks. That is pulling stoxx 600 index down. Crude, i look at it every day because of what we are seeing. Around 32 a barrel in new york day rally. Four we will have market checks every 15 minutes. Lets get to the bloomberg first word news. President trump is hoping reopening the economy will dampen the need for another round of stimulus. That is shared by republican leaders, with Mitch Mcconnell sang the only way out of the crisis is for america to grow again. President trump is predicting a great thirdquarter. Talks have soured with the u. K. Negotiator accusing the eu of offering a low quality deal. David frost says it is unworthy of the fair trade agreement. Michel barnier a says they want to keep the benefits of
With a big bang and open up our country or certainly most of our country and i think were going to do that soon. You look at whats happening, i would say were ahead of schedule. Now, you hate to say it too loudly because all of a sudden things dont happen, but i think we will be sooner rather than later. Ashley sooner rather than later. The markets responding positively in the premarket today. The dow up 330 points. It is a holidayshortened week. No trading tomorrow. We have long weekend coming up. What will that do to the markets . We will get into that. As for oil, up as opec plus meets. We are likely to hear about a deal between the saudis and russians to cut production, although up until now, they havent seen eye to eye. In the next hour, we will hear from fed chair Jerome Powell and Senate Majority leader Mitch Mcconnell. Powell could move the market with his remarks on the economy. A half hour ago, the fed announced 2. 3 trillion in new loans available. That helped offset the neg