Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec
One is the public purpose of business but i also want to shift the mindset of the Business Executives what they believe to be true and designed the businesses to achieve both of these are in pursuit of Better Business outcomes and rogers brandnew just released today book, thank you for being part of this. His new release is in this domain called when more is not better overcoming americas obsession with economic efficiency. Both alan and roger are known to many of you. Martin is professor and dean of the school of management at the university of toronto where he started the force behind the prosperity institute. The author of any number of books we will put in the chat a biography you can learn more about and finally alan thank you for joining us. The chief content officer at fortune. His ceo column how i start my day every day. We posted the biography is in the chat and alan is going to engage the audience in question and you can pose in the qanda box after we have the opportunity to
Mccabe grilled on capitol hill yesterday over the russia hoax, defending the investigation. But admitting he would not have signed off on the fisa warrant to wiretap carter page again, the very latest coming up. Markets this morning are rallying. A triple digit move this morning with the dow industrials up 190 points, nasdaq up 120 of, s p 500 higher by 25. This after a mixed day on wall street yesterday where Technology Stocks took a hit and cyclical stocks found new life. We will get into it with the dow industrials up 262 yesterday, the nasdaq down 159 at the close and the s p 500 yesterday down about 5 points. Jobs in america, employers are seeing a growth in job openings that rival prepandemic levels. Where are the jobs . We investigate. Plus, insure your bird, Financial Coverage for the centerpiece of the big thanksgiving day meal making a buzz this morning. Mornings with maria is live right now. Maria lets check european markets this morning. We look at a gain there was well. Th
Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
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