100,000 people by the end of this year. Ethiopia says a u. N. Team is shot at after not stopping at two checkpoints. In the United States, covid19 cases have passed 15 million with no slowdown in sight. Even with the Pfizer Vaccine rollout beginning across the atlantic in the u. K. , the countrys leaders are promising a way out. Starting with president elect joe biden, he says he is going to get a grip on the pandemic once he is sworn in. Has a plan for the first 100 days. This team will help get at the last 100 million covid19 vaccine at least 100 million Covid Vaccine shots into the arms of the American People in the first 100 days. 100 million shots in the first 100 days. The u. S. Has secured enough doses of the pfizer shot for 50 Million People but the drugmakers say the Trump Administration had the opportunity to double that order after Clinical Trials had proved it was effective. The president promised to make sure americans get vaccinated before aid goes to other countries. We
Covert 19 but in mexico theres a mammoth task as authorities outlined a strategy to immunize over 100000 people by the end of this year and in other news ethiopia says a u. N. Team visiting particularly the region is shocked that after not stopping to check its. In the United States code 1000 cases have now passed 15000000 with no slowdown in sight even with the Pfizer Vaccine rollout beginning across the atlantic in the u. K. Any response in america is a long way off however the countrys leaders current and future are promising a way out starting with president elect joe biden he says hes going to get a grip on the pandemic once he is sworn in on january 20th he has announced a medical team to tackle it and hes got a plan for the 1st 100 days of the. This team this team will help get at the latest at the last 100000000 covert 19 vaccine at least 100000000 covert vaccine shots into the arms of the American People in the 1st 100 days 100000000 shots in the 1st 100 days now the u. S. Has
And that because your point on bonds. Right now we have the 10 year yield backing up six basis points on the week, up 14 basis points. The worst week for bonds going back to august. Bonds selling off. That pushes yields higher on the idea there is some kind of recovery happening around the stimulus. It is going to be interesting to see whether or not the 10 year yield can break out of this range. David we will have to watch that carefully. We knew the job numbers would not reflect all of the covid surge, but we did not expect them to be showing downward trend before the covid came roaring back. To take us through what the numbers may indicate we welcome douglas holtzeakin, president of American Action forum. He earlier served as director of the Congressional Budget Office as well as chief economist under president george w. Bush. Great to have you back with us. Disappointing on the downside. How much should we read into that . Douglas the real significant piece is on the Household Surv
Iowa has been seeing a rise in cases which recently led the governer to issue a statewide mask mandate. From des moines, this is 30 minutes. Governor reynolds good morning. Over the last seven days iowa has seen an increase of more than 22,000 new covid19 cases and an average statewide Positivity Rate of 17. 5 . This is a decrease from the seven days prior when new cases totaled 36,000. And the average Positivity Rate was 28 . At a county level, were seeing that Positivity Rates are beginning to stabilize in maybe areas and these many areas and these are welcome signs and while we may be cautiously optimistic, we have a whole lot of work to do to bring the numbers down to a level where we can safely manage the virus while getting life back to normal. Hospitalizations remain high across the state. But yesterday was the first day and weeks where we saw a slight decrease in the overall number of iowans hospitalized. So this gives us hope as well. But one day is far, far, far from a downwa
Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the