Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as y
National intelligence John Ratcliffe as we are learning the country is doing human testing to genetically enhance military. Focus on stimulus this morning, Speaker Nancy Pelosi says it will be done by christmas, we will hear from former nyc barrasso and Mick Mulvaney. Marks are lower. We will start the week in the red, dow industrials down 145 points, nasdaq lower by 15 and s p 500 weaker by 16 and 3 quarters. All three major indices up out of the last 5 weeks, last week we are up 1 on the dow and 2 on the nasdaq. Mornings with maria right now. Maria european markets look like this, dax index in germany lower by 63. In asia overnight, markets finish mostly shower. We had Economic Data, that is the fastest pace of exports since february 2018. The growth also helping to generate a 75. 4 surplus. The data, of course, coming from the Chinese Communist party and this has been the big fight between china and the u. S. , the fact that we are buying more products than china is buying from the
In the balance now hes asking the Supreme Court to intervene in unfounded claims of voter fraud. And nationwide Trump Supporters clash with pro biden groups. Its 800. 00 g. M. T. Thats 1 pm in the eastern United States and 3 days since election day but we still cant say who is going to be the next president things are heating up every hour joe biden whitens his lead over donald trump in several states that sum up this vapidly changing scenario heres what you need to know that are just a few battleground states still being counted joe biden is now ahead in georgia nevada and in pennsylvania biden is projected to have won 264. To Royal College votes donald trump has 214 the number to hit is 270 any single women for biden could effectively end the race but officials in georgia say they expect a recount there is also know that a new batch of ballots in a state weve already projected arizona they increase bidens margin but this is one of the states the trunk campaign is trying to contest wi