He said simply, this doesnt matter, and december could be green. Could be grim. Jonathan the markets are looking at the data in the second half of 2021, not 2020. Tom jon will get to the data of a market lifting and all of that. This ecb announcement a bit ago is buried, and im sorry, it just sets up the theme of extend and pretend into 2021. They are going to extend bond buying forever and ever. It is Central Banks to the rescue. Jonathan the ecb wants you to focus on the duration of the Bond Buying Program and not the size of the package they might announce this week. That has been a big push on the communications side. I imagine that will be the focus for them when they communicate with us. For us, we are all getting used to the idea that Central Banks will be there for us. Weve been conditioned by that all year. The biggest challenge through 2020 was to somehow divorce how you feel about the world around you from your view on financial markets, on where we will be 12 months out. Th
Budget copper mise. This is going budget compromise. Eu budget compromise. That is going to be one of the stories we are focusing on next week. Brexit talks are a difficult place, according to one u. K. Official. We will watch carefully that story over the weekend. We will see what happens monday morning. Aroundare higher, up by 0. 4 . The payrolls seem to have provided a reason to believe that stimulus is coming. It is interesting to see what is happening there. Bonds on the other side of the atlantic to where i am now, we are up to yield highs, march highs. An aggressive move we are seeing stateside. The pound is 1. 3475. Brent crude catching a bid, just sub 50. 49. 08 is where we sit now. Alix lets get to the latest on the coronavirus pandemic. We learned yesterday pfizer scaledback vaccine targets for 2020 because they ran into difficulties getting all the materials it needs. They say they have fixed that problem now. Joining us now is sam fazeli, Bloomberg Intelligence senior phar
Even though the gains have been so big, up until now it doesnt mean you should bail out and not get in on the game. I do wonder, jon, especially if we dont get a fiscal support package, especially if we do get increased deterioration in the economic data, i do wonder if well see a change in sentiment. Jonathan what if we get more restrictions . California, the governor, mr. Newsome had this to say yesterday. If these trends continue well have to take much more dramatic, arguably drastic action. If hes implying they might have to have a shelter in place order like back in spring or a flavor version of that, how do we get through that if we dont have the fiscal hand down from d. C. . Thats the question going into december and 2021 . Lisa the markets have shrugged this off completely. The deterioration some of the High Frequency data. If you want to look at the v shape recovery check out manufacturing which brings us to what we are looking at today. U. S. Manufacturing data, construction,
In one of the Fastest Growing jobs categories, we created a certification program. You can earn one of these certificates and build a consortium of Companies Including walmart, bank of america, intel, hulu, and others, so that once you earn this, it is basically a light degree. For us, one of the very important things is each of us has a responsibly to address these issues in society. I think our view is that if we come together and work cross through and ideally private partnerships, we can magnify the impact we have. You will continue to see more of our efforts there. Ian you heard kristalina say we need to g20 to not just do no harm, but they need to coordinate. You are saying the same thing for the private sector. Are you finding that that challenge is more of a lift, both within your sector, companies that have historically been very tough competitors, as well as across sectors when you dont have the connectivity . Ruth i think we are seeing that single Point Solutions are importa
Nation to formally authorize a covid19 vaccine rollout begins next week, and the world is watching. Plus, Chinas Mission to the moon new images of the first Lunar Landing in more than 40 years. Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening more progress and more set backpacks on this, the 266th day of the pandemic. There is now a cure. Pfizers vaccine approved in the United Kingdom here in the United States the cdc slashing its quarantine guidelines now just ten days, or seven with a negative test for people exposed to covid but the virus is not going away. Its getting much worse. A warning tonight from the head of the cdc. December and january and february are going to be rough times. I actually believe they are going to be the most difficult time in the Public Health history of this nation. White House Coronavirus Task force telling states we are in a very dangerous place as covid cases and hospitalizations rise. In a re