Current plan. Stimulus will focus on active purchases on longterm loans. A move comes after months of a near fivefold rally in the stock which just soared. 9 00 a. M. In dubai. 6 00 a. M. In london. What is a vaccine . Essentially a hedge against lockdown, if it is delivered in a timely and high efficacy manner. Medley Global Advisors put this together. Starting toion is look like a syncopated move. Vaccine moving into the next trial period is going to help the situation. That is the backdrop to markets. Why are we giving up a little bit of value . Let me show you whats going on. Record after record on the s p rotate, wetime to will ask our guests. S p futures slightly later. At the moment, there is a little prevarication at the Solution Fund for europe. There you go. We are transitioning from a defensive bond market to a cyclical offensive market. Have a look at what is going on. I love the citigroup note on the dollar. As far as they concerned, a vaccine is checking off all the boxes
On vaccines are picked particular wolf that the use of father restrictions in the u. K. The virus the subject in many countries around the world people are telling them bones to vaccines and the chief medical officer in the england said 6 months was an estimate and got direct questions from family buns and from maggie checky who say do you think are a covered 1000 vaccine will be available so over to you christmas. I was speaking this week with one of Cambridge Universitys foremost experts on this gordon doogan who is a vaccine ologist is an Award Winning vax knowledge just and he has brought to the clinical coalface a number of vaccines over the course of his career and i asked him this very question last week and said with a fair wind behind it whats the most optimistic projection he said to me hes thinking realistically probably 2120 in 2021 june so it might be as long as 9 months to go yet the government themselves have said that we might see some vaccine available before christmas
And Lauren Simonetti is watching the markets. Lets start with blake with the latest from the white house. Reporter hi, there. There is a debate taking place in washington up on capitol hill about the future of the 600 federal uninsurance benefit that came about during the cares act. We will give you a live look right now at the Senate Finance committee, the labor secretary Eugene Scalia testifying there. Republicans and the white house argued that benefit has become a hindrance for businesses since some people are actually making more money on unemployment. Democrats, though, are making the argument to republicans saying how can you say more people are coming back into the work force, yet this is also a hindrance . They are saying that doesnt really work hand in hand. They are also saying that this 600 plusup should continue until the end of the year. Watch. When secretary scalia failed to offer a plan to give benefits out in a timely way, democrats proposed a flat sum solution. 600 pe
Getting trump to trial for Election Interference before hes the nominee almost certainly gone. Before the rnc convention, unlikely there ta. So what happens now . Plus, a horrific tragedy. At least 100 killed according to the health ministry, locals blame Israeli Forces for opening fire. What are the implications for the wider war, and what about the hostage deal that President Biden had suggested could be just days away . And the political showdown playing out in texas today over the one issue that voters say rises above all others. Can President Biden and former President Trump, two men who have had their shot at fixing the border before, convince voters they can fix it now . But we start with Donald Trumps legal and political calendar being rewritten in realtime, with start dates for two and potentially three of his four criminal trials now up in the air, a direct result of the former president s strategy to try to run out the clock. And the Supreme Courts decision to take up trumps
Youre not here tonight because youre afraid of being on the stage and defending your record. Youre ducking these things. Thats Chris Christie with a direct attack on donald trump. And christie wasnt the only republican president ial candidate to address the former president s absence from last nights debate stage. There werent that many other attacks, though. But well bring you that and other big moments from last night. Donald trump actually wasnt watching because he was instead on a stage by himself in michigan speaking to a crowd of mostly nonunion auto workers and criticizing the union strike against detroits big three. And meanwhile in washington it appears that farright republicans in the house are ready to shutdown the government over one key funding item. Well tell you what that is just ahead. Good morning and welcome to way too early on this thursday, september 28th. Im jonathan lemire. Thanks for starting your day with us. Weve got a big show ahead, and we begin this morning