On the director domestic policy studies at aei and i am delighted to be with you today to join by a group firstterm mayors facing challenges our studies are pretty interesting im glad you are tuning in and you will enjoy getting to know each one of them. The new generation mayors and cities i am excited because we have mayors literally for weeks on the job just got started a mayors doing interesting things dealing with challenges during this challenging time with the pandemic and urban unrest and other challenges that flow from those things. I want to dive right in and hear from them and what they are doing for Public Policy and the future of our cities but let me do a quick round of introductions. The mayor of miami was selected in 2017 i guess the longestserving mayor of firstterm mayors and previously served as the commissioner for district four at the age of 431 of the youngest in the country the first miami born mayor of the city and has a lot going on we look forward to hearing f
Busiest week of earnings thus far. Trillionlmost 16 worth of corporates reporting. We need to figure out exactly what the set up looks like. Lets do that with scarlet fu. Scarlet what we have learned so far as we are deepening in an earnings recession with more than a quarter of the s p 500 having reported. Third quarter etf down 18 . Third quarter revenue down last, but still up 4 versus last year. We have definitely turned the corner because declines in the top line and bottom line are less bad than it was in the second quarter. It may even turn positive by the second half of 2021 when the conversations become easier. The market had priced in all of these Third Quarter declines. So far, so good. 500 are topping estimates overall. Sales are beating estimates by 3 . That is the most in two years. Eps is surprising to the upside by 18 , slipping from a 23 margin in the second quarter. Gina martin adams says Growth Companies are beating estimates more widely than value companies. When ea
A note. This country has seen a rise by white supremacist. We are now seeing information of new groups that recruit aggressively and openly celebrate violence as there ammo. This this is the build up foa long time. That terrible moment. Thats probably our main objective. Something official of the cues and teeth of being a major cause of violence in the nationwide protest following the killing of george floyd. Arrested after prosecutors said he was stockpiling weapons for an attack to fuel race wars. In the u. S. Rightwing extremist willing to at least 15 mers last year. Thats a 35 increase over 2017. The 17 your faces felony homicide charges for shooting three people during tuesday nights protest in kenosha. The alleged plot to kidnap Michigan Governor Gretchen Whitmer was a classic case of terrorism and violence in the country could get worse. Rising political tensions, civil unrest and foreign disinformation campaigns. U. S. Security officials are warning that violent domestic extrem
And tom keene. A postdebate bloomberg surveillance. We welcome all of you on bloomberg television, Bloomberg Radio across this nation after an extra ordinary evening observed by all last night. We have good analysis through forward in the view towards october 15 and the second debate. I know we are going to try to focus on where we are in economics, finance, investment and that. Ive just got to go to your observation of seeing the debate from london. Was london engaged in that of a last night in the debate last night . Jonathan it was the talk of breakfast this morning, i can tell you. I was watching it on my phone and the waitress came over and discussed what she thought as well. I think many were surprised come about at the same time, what else did you expect when you were going to put these two people in the same room on the same stage . Tom you are absolutely dead on. When they started in last night with Chris Wallace, at times almost debating with the president , to see what they
1. 8 trillion. And jobless claims disappointed the street coming in at 898,000. It was the highest rating since mid august. Rising coronavirus cases in europe and the u. S. Affecting sentiment. 59 minutes left of trade down only 23 on the dow. The european measures definitely weighed on european markets. We have improved since the european close coming up, we will speak with gregg lemkau about how the pandemic changed the m a landscape. Plus the ceo of zoom will talk about the companys efforts to branch out beyond video meetings and the stocks run thissier. Fir mike, lets start with you the Broader Markets well off the session lows. A resilient showing throughout the last few years. You mentioned the market lows in the u. S. Were just before the european close perhaps that was one of the bigger pressure points, the overseas action. Where it has taken us though is really hasnt disturbed much of the trend. This is this area. Last week we broke above this range we have been in for a while