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I do want to highlight a 10 year yield in the u. S. , the yield is lower by about one basis point. 60 to 70 basis points, and how much can we tolerate on higher upside when it comes to yields . The Democrat National convention will be focusing on joe bidens vision of the party. Last night focused on trumps performance in office including his handling of covid19. To everyone who supported other candidates in the primary, and to those who may have voted for donald trump in the last election, the failed federal government that watched new york get ambushed by their negligence and then watched new york suffer but all through it learned absolutely nothing. Itay, six months after began, the nation is still unprepared. Magic if we had a national strategy. So everyone has access to a safe vaccine. More than 150,000 people have died and our economy is in shambles because of a virus that this president downplayed for too long. That even ....
People that have lost their jobs since march, it does not take into account the huge sways of selfemployed people in the u. K. There are many people that are away from work and not being paid, not included in these statistics. The expectation is that these numbers get significantly worse. The pressure is on the chancellor to do something to extend the current solo scheme. Single conversation point yesterday across bloomberg surveillance was mark zandi of moodys, forcefully saying the Unemployment Rate in america is not 10 , he said it is in the vicinity of 14 . With news on this tuesday, our first word news, here is ritika gupta. Ritika President Trump says he is seriously considering a Capital Gains tax cut. He told reporters he would create a lot more jobs. The president cannot cut taxes on his own, but some advisor ....
Of the s p 500 that is one of many questions. Power lunch has the answers, right now. Yes, we do, tyler thanks ceos are starting to sounds the alarm about the economic recovery and the path forward. Lets get to bob pisani for the details on that. Bob . Kelly, we were hopeful we would get more Earnings Guidance 40 said no guidance, were sort of hearing for the Second Quarter and into the third quarter, so ibm yesterday a good example of that. He said maybe we were a bit optimistic uncertainly makes us unwilling to provide guidance. Theres other issues, too, the ceo of capital one has made the stimulus has made it different i dont think we have a rigorous measure of how many current borrowers are unemployed i think its reflective of america and there are different degrees of unemployment right now. Thats tough ive seen some positive comments as well. Nasdaq had very big stoc ....