Investments and this additional investment in poland that the American Companies are making right now results from a very efficient policy that we are conducting together and which increases the sense of safety of our citizens in poland and also increases that sense of safety investments in our country. Thank you so much for that because that means the creation of new jobs in the state of the art branch of industry with i. T. Technologies. Were really pleased because in poland we have a large number of excellent young i. T. Experts and young i. T. Engineers and for sure were able to come to terms with these very serious challenges as far as intellectual capital is concerned im sure these investments will be beneficial for the United States, for u. S. Companies and also for poland through creating jobs, requiring new experiences by young people in the first place, by young engineers. Also glad, mr. President , because as we said before, the agreements that we entered into concerning inc
Different tone. The tone to me this morning, jon, is fascinating. The crosscurrents in the market, i can honestly say, in a zillion years, i have never seen how odd it is right now with the pandemic news, and of course some of that, china and beijing, wrapped around the reaffirmation of wall street, for some form of vshaped recovery. I was thunderstruck over the weekend, some of the optimism coming out of wall street houses. Jon we will talk about that later in the program. A fresh outbreak in beijing very much the focus this morning, the disappointing data as well. The data does not validate the exuberance we saw in the market as we saw in the month of june. Lisa that is the problem, that demand is not picking up. Even though we are seeing manufacturing pickup and production online, we will see perhaps production the consumer is not buying it. Junell be getting the u. S. Manufacturing press and we will take a look at what else in the day ahead we are also going to be hearing with from
Constituents how she has navigated her own constituency. Beyond that i spoke with patrick mchenry, a prominent republican commit republican member of the House Financial Services committee who told me the dynamics of whether or not this becomes a constitutional crisis has not been changed. The president emboldened by a poll that found he is still enjoying high supports by republicans in his party. A likely sixday week trial in the senate and this could be wrapped up by sprite a likely six to eight week trial in the senate and this could be wrapped up by next spring. David i want to pick up on president s tweet about nancy pelosi. Fit,d she had a nervous and help the homeless in your district. Hasiously the president refrained from getting too personal against closely. Does this reflect a shift . Kevin it does and it reflects an emboldened feeling from inside the white house that they are not at risk of losing republican support. In terms of the calculation republicans are making behind
We have been covering the economy, bringing you live coverage from beijing. In the meantime, this is what is happening in europe. Euro area november services pmi falling to 51. 5. Anything above 50 is expansionary but below forecasts. Again, this is for yourarea manufacturing for the month of november. Quite a lot going on in the markets. It is all about the ecb speech and Christine Lagarde. How she means new policies will be taking place. Stocks overall on the up. We had a similar rally when it came to asia. Pointing towards a marginally strong open in the u. S. As investors try to figure out headlines on the trade dispute. Say, a lot of the talk in beijing was on that. The dollar is mostly steady. Lets get first word news in newark city. New york city. I fear this was all going to blow up. Those were the exact words spoken by fiona hill in the impeachment hearings, that is what she told fellow diplomats but that she now understands why he was not involved in security or Foreign Polic
Long time before it recovered september highs. How long . Try about 25 years. In other words, the highs we reached that year, at the peek of that bull market, september third, 1929, were not realized again until november 23rd 1954. You hear about catalysts and Hedge Fund Managers at time, were not called Hedge Fund Managers. Were worried about the giddiness building. It was too far, too fast a great comeuppance. Herbert hoover who was providing over roaring market. He came into office in 1928. Things were swimmingly two years later. He would not survive in the next election. Someone who was considered laughable shot rising to the white house, you might remember the name. Franklin roosevelt, Big Government spending liberal, who many said who would have no chance taking 1600 pennsylvania avenue in the middle of a financial crisis. Reminders that unexpected developments can change outcome of elections. We saw that in 2018, john mccain, fellow named barack obama were deadeven until the met