Speaker who we aree so honored o have with us, senator tammy duckworth. Senator duckworth probably needs no introduction to most of you watching. She is an iraq war veteran, a purple heart recipient, former assistant secretary of the u. S. Department of Veterans Affairs and napa yes, senator for the state of illinois. For both of us working in our security, certainly for those of us who are women in National Security, when you think about people who are breaking down barriers ahead of you, store duckworth is the top of the list when the first handful of women in the army to fly combat missions during Operation Iraqi freedom cup first u. S. Senator to give birth while in office, and particularly relevant to todays event the firsts member of congress was born in thailand and the first asianamerican who was elected to congress from the state of illinois. In addition to the work shes done of defense and Veterans Affairs, senator duckworth spent a lot of time thinking about the military cha
Underlying economy, bad news being good news once again, with that idea for a 908 ilion dollar stimulus will back in washington, d. C. What are the fundamentals that matter, when do we have to see something positive in order to respond to it . Ofell, its the fundamentals 2021, pricing in that story later. If you are asking the stories of the fundamentals of the here and now mattering anytime soon, the data for this month, yes it matters for the policy conversation. We saw that on saturday. And meanwhile we do have other issues. Those talks in brexit are not going that well. We have that, trade concerns, harder line tactics by mike pompeo. All of these things are factoring in but are being brushed over by an incredible amount of fiscal support not only in the u. S. , but in the European Union. The deadline for the string stimulus budget deal today, there are some nations pushing back in the Eastern European block. Euro skeptics. The broader implication is that they will get something do
Fishing license. Welcome to bloomberg surveillance. Im Francine Lacqua in london. It is the last trading day in november. Certainly a lot of traders will be feeling the same, but stocks are dropping after this recordbreaking rally. A bit of a pullback on the last day of the month, capping this recordbreaking rally. Oil sliding after ministers failed to reach an agreement on supply. Small caps, energy and companies, banks, that group has been leading the rally in november. Today, a bit of profit taking. A couple of other things im watching for is the price of oil. We talked about that, encouraging news on brexit, which is why we see sterling at 1. 3333. The portuguese 10 year yield come i like that because we are on zero watch, or negative watch for that yield. Word newsyour first with leighann gerrans. Opecplus has failed to agree on an allay to januarys height. Many members support keeping production at current levels but the United Arab Emirates and kazakhstan oppose the move unless
Were up, and then lifted nicely at the pfizer announcement, 1. 11, up 12. We are near dow 30,000. To me, the clarion idea is that the vix is peeling away the fear , the volatility that is out there come up with a vix at 22. 01. Jonathan wejonathan have been doing that since the election, and the move got a big boost of the pfizer news from last week. The final efficacy rating, and the number is decent. Lisa 95 , better than the initial read last week of 90 . S is the mark on brands this is the more comprehensive data. Of over 65, so preventing illness. An incredibly good display here. The interesting thing to me is that we are not seeing more of a reaction in markets. It is already baked in, and in fact, you are seeing bond yields a little lower on the day. They are just flirting with this idea that longterm, we are not changing the scenario, even with this incredibly good news. Equity futures are elevated on the s p 500. A big move in the equity market. We stayed elevated over the las
And we are pleased to have with us senator tammy duckworth. Needs nouckworth introduction. She is an iraq war veteran, former assistant secretary at the department of Veterans Affairs and now u. S. Senator for the state of illinois. Illinois. And i think for those of us working and National Security, certainly for those of us who are women and National Security. We think about people are breaking down barriers, et cetera duckworth is at the top of the list. One of the first handful of women in the army to fly combat missions during Operation Iraqi freedom. First u. S. Energy given birth while in office. And particularly in todays event the first member of congress he was born in thailand in the first asianamerican he was elected to congress and the state of illinois. So in addition to the work shes done on defense and Veterans Affairs, et cetera duckworths spent a lot of time thinking about the military challenges we face in the pacific. She has really been an advocate for the alliance