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Jackson hole goes virtual. Jerome powell gives an update on the central Bank Framework review. We hear from bank of england governor Andrew Bailey and ecb philip lane. No more lockdowns here. Italy joined france and spain and rolling out another nationwide shutdown. Despite rising cases in all three countries. Global infections past 24 million. The eu trade chief phil hogan quit after growing criticism that he broke my wrist rules by going to a golf dinner. Just under an hour away from the start of cash equity trading in europe as hurricane laura makes landfall in cameron, louisiana. See european futures swinging back and forth between gains and losses. Right now, dax futures up about 1 10 of 1 . The futures doing a lot of nothing. A bit of a stall after global stocks really had an alltime high again yesterday. I want to bring you some breaking news on wpp. The second quarter, ....
That this morning. There are people that have gloom, there are people in in the middle, and there is a sizable group saying forget about it, there is sizable momentum in the economy. We will have to see. Francine lets get straight to first word news in new york city with ritika gupta. Ritika President Donald Trump is moving to ban tiktok and we chat in the u. S. He signed executive order residents barring people from doing business with them. It does not amount to a broader ban of dealing with its owner, tencent. Tiktok says it is shocked by the order and will pursue all available remedies. The u. S. Is looking to tighten workinga president s group on Financial Markets is recommending the sec strengthen auditors, bout in hong kong, plans to offer free virus tests to all residents. The move reflects a boost in Te ....
For jobs that coming up friday, it is stunning deliver depression across the developed countries. The labor depression across the developed countries. Francine there is this raging debate we have been trying to focus on bloomberg surveillance for two weeks, inflation or deflation. I think the one thing we need to try and figure out is when does job creation comeback . Will we ever come back to the to what we had even 12 months ago or will a lot of the jobs be lost and therefore you need some kind of schemes to retrain people, to put them in other jobs . How and what the legacy of this covid19 illness will be for how the economy changes is critical in trying to make sure people get back to work. Tom you really saw the tension over the weekend. Prime minister johnson dealing with the United Kingdom and that idea of a locked, certainly, we are that last night from the president at the lincoln memorial. Here is viviana hurtado. Vivian ....
Up on line as the people are at home and becoming very creative and i want to look at this these 2 little sets of money printing go. And theyre quite interesting as you can see here is this one guy printed page a picture of pretend its face is turning red hes going red hes pointing predicting fast and then we have this other one here of a whole bunch of central bankers printing money so that seems to be their solution from the at least the neo liberal elite the keynesian sort of old school ivory tower economic thinking elite is money printing is going to solve all these pandemic problems now its like the child of ron paul and a lot of ways because you started talking about the problems associated with money printing in the Federal Reserve 2025 years ago during the 2008 crisis people started to more aware of this when big question came around suddenly a whole new generation started to understand the connection between money printi ....
Max kaiser this is the kaiser report its 21 days 22 days i forget the number of days but ron lockdown the corona virus a lockdown and. Its so the what is it is what happens stacey well of course everybody in the world is on a different day of their lockdown some people like and will hound but have been on lockdown for 078 weeks now in america were starting to see walling lockdowns across america but you know as the World Everybody out there everybody watching is now in some form of lockdown where finding some entertaining diffs and means coming up on line as the people are at home and becoming very creative and i want to look at this these 2 little sets of money printing. And theyre quite interesting as you can see here is this one guy printed preacher preaching pretend its base is turning red hes going readies point in predicting fast and then we have this other one here of a whole bunch of central bankers printing money so that ....