Whether or not at this point in the economic pandemic cycle they need to spend that bullet. They will be doing some things that are more accommodative. It will be difficult for them to reverse that policy somewhere down the road. Jonathan mike swell of Goldman Sachs is with us. On treasuries, on bad news being bad news, is that your view of things, how high can we take 10year yield . Mike great to be with you, jonathan. On the there is a cap treasury market, and its really the result of looking away from the slow term where there are certain instances where people think about growth postcovid. We see significant vaccine implementation. The jobs report, it will take a long time to get back to normal. The fed will be on hold for the foreseeable future. As a result, you will not see a 50 basis point increase in the 10year. People should sit tight and recognize that rates will stay low for the foreseeable future. Today proves that we will be in this odd situation where markets will look fo
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pull back a lot weve been talking a lot about this rotation theme. You have small caps up a lot and fin tech and financial all were really doing is stretching the upside of
It is a tradition, right im trying to advertise this shirt i bought years ago one day a year i get to use it i go year off, year on i have a tie i sometimes do. Tartan, what is the pronunciation we good with hes got the tartan each one means something a family or a clan well make up a story give him a couple of scotches you are an irishman, not a scott, right a quick shout out to dean and the whole crew that put that together, which is awesome every year, it is so fun. Every year. Shall we lets get it going. Why dont we start with the markets. The markets are at alltime highs. The dow closer higher yesterday. All three major averages closing with record closings more on boeing in the show the trading day is shortened so everybody can go out and panic shop and panic wrap. Market closing at 1 00 eastern and the bond market at 2 00 p. M. Eastern. The bond market ever a fraction higher any gain, whatever it is is going to be a new record look at the banner, the nasdaq winning streak now th
Delaying hundreds of flights. What you need to know before you go home. Shopping spree. Shoppers on black friday flocking to malls, b spe but sp more online. Shelling out 7. 5 billion in cyber space. The new record. The teals you have to see to believe. All that plus speaking out. Famed tenor int interview since he was accused of Sexual Harassment. Shocking body slam. A Chicago Police officer relieved of his duties after he was caught on camera throwing a suspect to the ground who allegedly spit on him. And ho, ho, no. If youre shopping for a Christmas Tree this weekend, well tell you why you might have to shell out a lot more green today. Saturday, november 30th, 2019. From nbc new, this is today with Chenell Jones and dylan drier. Welcome to today. Thanks for joining us. Im happy to have my white house colleague, Kristen Welker here. Good to be here on a busy saturday news day. And weather ta. First though, our top story. That terror attack in london. This morning, we are learning ne
and three set for construction. you re watching bbc news. now, it is time for women in hollywood. a warm welcome. i have come to hollywood to the women in film headquarters where i am joined by keri putnam and stephanie allain, two women who are working to reshape the industry. they are both part of an initiative founded and led by women in film and the sundance institute called reframe. the aim is to advance gender equity. keri putnam is a film executive and producer and the founder of putnam pictures, she has served for 11 years as the ceo of the sundance institute which runs the sundance film festival. prior to that, she worked as a senior executive at miramax and hbo. welcome. thank you, it s great to be here. stephanie allain is a film producer and writer and the newly elected copresident of the producers guild of america the first woman of colour to hold the position. stefanie served nine years as vice president of women in film and runs her own company, homegrown pic