In sudan say very nutritional needs are not speaking met, and deforestation in the brazilian amazon reaches its worst level in 12 years and sport, european champions, byron munich, are aiming to continue a record breaking run byron take on atletico madrid, looking to extend their Champions League winning streak to 16 match it for the race to roll out a Coronavirus Vaccine is excel, a rating with pharmaceutical Companies Seeking emergency approval across broad jurisdictions. Pfizer and by own sac are the latest to apply regulators to sign off on their coronavirus fact seen that review may be finished by december 29th meeting. It could be available by the end of this month. Now in england, a month long stay at home, order expires on wednesday. Politicians are set to vote on new tear distractions to replace it, but reaction is somewhat mixed. Prime minister Boris Johnson is urging politicians to support his proposals. So we cant simply allow the current restrictions to expire with the spr
Good tuesday morning, welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin with us dow because up 275 this morning. We lost some of that the covid19 vaccine rotation is continuing with tech down another 2 today and the s p 500 down 26 points thats where well begin this morning. The nasdaq falls investors rotating out of tech to some degree the managing director is going to help us start off the hour. Good morning, mark good to see you. The. Hey, carl, good to see you. We know i mean, the argument has been made that world changed a little bit yesterday for the better but is the tech reaction is there bath water being thrown out too . Well, yeah. The world did change id argue a lot yesterday. And not surprising that were seeing a rotation in some of the tech names i think for the next little while here, you know, expect the expected were going to think continue to see some rotation away from the work from home names probably bate probably a bit of a short term r
The Political Panel weighs in on that plus a new poll showing a real conundrum for voters in the story that blew me away, we will introduce you to a 15yearold business owner, a 15yearold business owner. All that and so much more on making money. Charles washington spending trillions of dollars again to help the economy, a lot of the economy has already come worrying back and in the process the rich have gotten even richer, everyone else seems to get more better and moreover blaming capitalism saying it did not curve the debt and come up with solution needed in the age of coronavirus. Affords headline says capitalism is failing us just when we need it most. In ap news headline, from the pope, marking capitalism has failed and pandemics means reform. Many of the critics of capitalism have never been fans but the jobs disappearing in 2020 is giving them a much bigger soapbox, is capitalism fading and how does the narrative change, lets ask a champion of capitalism, steve moore, they are c
That broadly speaking if we dont get that, there would certainly be Downside Risks certainly through the channel i mentioned. Thank you cnn. Thanks for taking my question chairman powell, give us an update to the policy framework and repeated calls for this and this event, is the fed open to other parts of the economy such as income inequality and Affordable Housing we monitor everything we think is important in the u. S. Economy. In a broad sense, all of it goes into thinking about Monetary Policy you mentioned inequality so disparities in income and Financial Wellbeing demographic and racial categories, something we monitor carefully, inequality, which i would point to its a multifaceted thing, stagnation of nat the lower end of the income and lower mobility those are things that hold back our economy. They are the thing is we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get a
Face forward. March. This is the ceremony unit from the u. S. Capitol police who will now stand at attention. Please be seated. Ladies and gentlemen, the honorable nancy pelosi, speaker of the United States house of representatives. It is with profound sorrow, a deep sympathy to the ginsburg family that i have the high honor to welcome Justice Ruth Bader ginsburg to lie in state in the capitol of the United States. She does so on the catafalque built for abraham lincoln. May she rest in peace. Ladies and gentlemen, ms. Denies graves accompanied by ms. Laura ward. Deep river lord i wanna cross over into campground deep river my home is over jordon deep river lord i wanna cross over into campground oh, dont you want to go to that gospel feast that Promised Land where all is peace deep river lord i wanna cross over into campground Ruth Bader Ginsburg passionate about opera. A tribute there from denise graves. Ladies and gentlemen, rabbi lauren holtzblatt. Madam speaker, Vice President bid