Highs of the s p 500 all the way to certain cases of covid to a fight between the fed and treasury and condemn it really money and pandemic relief money. We got progress from moderna and pfizer, making impressive headway for a vaccine. Trumps Campaign Still unwilling to concede the election. All of these headlines causing a tugofwar in the markets between longterm fears and hopes. These five days, we are trying to work out where to place our bets. Joe yeah, thats exactly right. As you mentioned, we hit record highs at one point this week. Today, not much going on. Despite optimism in some markets and more vaccine news, if you look at longterm yields, look at that. U. S. 10 year yield back down to. 82 . We were talking about will it break one . I do really feel as though we look at this economy, perhaps we will struggle a little bit over the next several months and it is going to be a very long time until we see any kind of rate lift off. Romaine it is interesting. You are now getting i
In u. S. Inflation numbers. Medicine, food prices higher. Usedcar prices rising the bust since 1969. A deceleration in Core Services prices. Pandemic buying patterns have altered to the point that transportation, lodging away from home, still seeing an increase. The data is signaling little acceleration. Lapsed fiscal eight. Policy rates still years away. When you scrape beneath the Surface Company inflation data is pretty lackluster. Joe it came in pretty much right as expected across the board. You mentioned car prices. We will talk about that a little bit later. To me, the big thing is that white line. I think it offers a a lot of signal here. Unlike a lot of other lines, this one continues to be saggy. I think it is consistent with this ongoing disinflationary slump, not exactly it is the opposite of hot, whatever that is. Romaine we saw underneath that data, Something Like grocery prices actually fell in the recent month. When you talk about whether there is inflation, i guess the
Half hour, joining us for questions. If you had to pick one, would you rather buy gold or bitcoin a lot going on this morning on squauchl thats actually a game we play on fast money would you rather that answer, the day after bitcoin crosses, particularly saling at the section. What i like best when they move in the opposite direction with pops and drops. Was that not a fast money that is like classic fast money circa 2007 classics are the best that is peered the way they are moving together. The way of the digital gold story. Weve got all of this money printing the depth of the crisis getting down to 4,500 . I think lower like 3,500. I wanted to ask you i dont know where you are i dont want to know what type of lease arrangements have you seen. When are they coming back to work at google summer 2021 what is it now . Summer of 2020 it is a year from now google, alphabet is the most out there. Facebook is june 30, 2021. I wonder if all the Big Tech Companies follow suit. Microsoft was o
Coronavirus response and other priorities for the agency. This senate, environment, and public works hearing is almost 2. 5 hours. Well, good morning. I call this hearing to order. I would like to welcome the administrator of the Environmental Protection agency, the honorable andrew wheeler, today. Todays hearing is the opportunity to hear about their epas good work and a chance for Committee Members to ask questions. The Environmental Protection agency is tasked with protecting the air we breathe, the water we drink, and the communities where our family live. During the covid19 pandemic, the agency has worked hard to provide the public with updated information on which disinfectants and cleaning products can be safely used to kill the virus. In addition, the epa has made Grant Funding available to the states and the tribes to help lowincome and minority communities address the coronavirus. Epa has provided thousands of pieces of personal protective equipment to aid emergency and Healt
Protection agency, Andrew Wheeler, was on capitol hill to testify on the epas role on the coronavirus response. This Senate Environment and public works hearing is almost 2. 5 hours. I would like to welcome the administrator of the epa, Andrew Wheeler interested committee today. Todays hearing is the opportunity to hear about their good work and a chance for Committee Members to ask questions. The Environmental Protection agency is test with detecting the air we breathe, the water reaching and the communities where our family live. During the covid19 pandemic the agency has worked hard to provide the public with updated information on which disincentive disinfectants can be safely used to kill the virus. In addition, the epa has made Grant Funding available to the states and the tribes to help low income and minority communities address coronavirus. A has provided thousands of pieces of personal protective equipment to aid Health Professionals during the pandemic. A issued guidance to