In europe. European stocks hitting a 20 bounce up from the bear market in 2020. A little bit of selling on the bond market as growth questions continue and Oil Takes Another leg lower. Lets get right to the bank numbers. Jp morgan shares up by about 2 . They reported blowout fixed income and trading revenue. With us now is Alison Williams is sonali basak. Sonali provisions for loan losses are really skyrocketing here, more than 8 billion expected. A lot of it is coming from the consumer business, where those provisions are more than 5 billion. On the other end of the loan but, we are expecting lower Net Interest Income this year. Also, as one would expect with lower interest rates, that would come into about 55 billion, lower than the 57 billion dollars initially estimated. On the bright side, we saw Net Interest Income for the quarter come in pretty healthy, and fixed income revenue beat by almost 1 billion. Trading was able to hold up. The question is, wasnt able to hold up well in a
Return to chinese rule by beijing is promoting it as a model for its one country 2 systems policy. Letter is internationally recognized government has approved a military dude with turkey paving the way for ancora to play a bigger role in the of the war the agreement could save turkish troops deployed to defend tripoli from warlord Khalifa Haftar egypt which backs half the rejects the deal saying it violates Un Security Council resolutions including an arms embargo were chalons his war. Libyas warring forces are on the move here soldiers have to Libyan National Army Advanced west there are breaking now and hoping to open a new front for months ive been fighting on the outskirts of tripoli against the army of the government of National Accord on thursday the un backed g. And i announced its agreed to receive greater military help from turkey but that. After half an hour as an office side is receiving support from home this is known to all by so raj with his lawful and legitimate governm
Decline by a less than a percent for the hang seng and shanghai down a quarter percentage point. In early trading in europe, there are red arrows across the board. The dax is down by a tenth of a percent. Same thing with the ftse cac is down by slightly more than that. Declines also in italy and spain. Looking at crude oil prices, you will see that crude oil is up about 18 cents to 57. 74 lets look at the tenyear yesterday the tenyear topping 2. 4 well look at that in a bit. Here it comes. Yep 2. 455 . Slightly lower than yesterday, but still above 2. 4 this is past the point that Rick Santelli told us to watch for a breakout i read that all of the money not spent on its not true, but all the money not spent on taxes is going to Debt Services as rates go up yeah. Some of it will be. As rates go up, yeah. I was thinking about that this morning as they talk about the government funding needed for the projects i think it was the new york city subway i think what happens as Interest Rates
Last week Emory University said your undermining of the cdc unforgiveable under President Trump and called his leadership antiscience. Dr. Butler, i believe was quoted saying he was deeply concerned that actions that the agency was forced to take would cost lives. Have you discussed any of that in your conversations today . Do you have any concerns about the allegations . Well, im not going to talk about my discussions internal here within the cdc. What did i come down here to do . I cam down here to thank the cdc for their work. We talked about the most recent data around the efficacy and importance of wearing face coverings. We talked about the Vaccine Planning work around distribution of vaccines and i got an update about the incredible problem that the. C dc is making on making the data submissions from Nursing Homes to the Health Safety network. In terms of the questions that you asked, let me be really clear. The cdc is the premier epidemiological organization on the face of the
With the changes as of the population as the soldier evacuates. It seems to me that the of military force is almost unfair and requires specialists and a culture is different because in middle east but the concept of honor and shame is much more powerful. And also they have to be schooled in psychological warfare. So with the United States and the middle east but to come from this country to do the job to better enhance by the schiller the sheer military. U. S. Army special forces is organized over different regions of those that focus on that type of in that part of the world get that type of training and talk about the local Security Forces on the civil side typically usaid has people staying in countries for multiple years. The state department often has the challenge with locations in the fryer medications with the people who have a skill set that they also said people to Language Training but in afghanistan was the afghan Hands Program as an attempt to get out of this career menta