Recovery strengthening, thanks in part to a pickup in Consumer Spending. Has fresh hotp bind moves against beijing in the final weeks of his term. Eu are inks with the a crucial week. The u. K. Prime minister will have to amend his busy schedule. He is not isolated he is now isolating from coming into contact with a lawmaker who tested positive for covid19. Are at a juxtaposed moment. I concede nothing. There were many tweets, but that was the conclusion. The president concedes nothing versus the virus raging in the United States of america. But the president elect has a message for now. Lockdown, and thats critically important to sentiment. You look at michigan going into a partial lockdown. To that agenda . I will turn to the right camera. Trust thenley says recovery. Thats what they want you to do. Sell the dollar. Get all in. They want you to be overweight equity, corporate bond. The message is there, you should read the Bloomberg Intelligence narrative, it is not a v it is far fro
A near total ban on abortion will prevent update from the polish capital. Im guy raz shirts and welcome to the show a strong earthquake has struck in the agency between the greek island of sound most and the Turkish Coast where it has killed over a dozen people and injured at least 400 others much of the damage is in the turkish resort city of izmir where several buildings were brought to the ground rescue efforts there are expected to continue through the night. Until this woman was almost buried alive and on the apollo rescue workers are racing to find hope from the rubble of a collapsed building one of many that came crashing down. In this turkish resort city on friday. I thought the ground had shattered you can think in that moment all you can do is try to get out everything was collapsing around us luckily our building stayed intact but we were really panicked and managed to get out at the last minute. The earth shook for at least 25 seconds according to some witnesses after the q
A day tourists in regions brace for a tough winter ahead. Well welcome to the business i want to get johns have been good to have you with us. Its the 1st criminal settlement and Goldman Sachs is history as a Public Company now the banks malaysian subsidiary has pleaded guilty to bribery for its role in a major Money Laundering scandal at malaysias state Investment Fund the guilty plea is part of a 2900000000. 00 settlement with u. S. Regulators who say goldman plait a quote central role in the safety of money from the fund acknowledging institutional failures goldmans board of directors has decided to cut pay and bonuses for several executives including this man here current c. E. O. David solomon of those directly involved in the scandal will also have to pay back millions of dollars prosecutors in malaysia and the u. S. A bond sales organized by Goldman Sachs unable to so she had to form a malaysian Prime Minister najib razak to steal billions of dollars from the one m. D. B. Fund t
I dont know if its so much will these reports be good i think the question is how good do they have to be well, theyre going to probably have to be extraordinarily good we saw what happened with microsoft already. The numbers were great across the board for the most part. The stock went lower and continued to go lower after they gave the guidance that they gave i think thats part of the elements of what were going to be looking at today, scott, is not only the earnings but what does the guidance look like for many of these Different Companies were talking about, the power four or five when you really look at whats going on there, its still about apple one and the bundling package, i think thats huge it goes back to the idea that this was once a Hardware Company that was mass, rigive and the hardware component was huge. Thats been a good thing because the reliance on that aspect of apple, it stis still there but less youve got wearables and services and all these different areas where a
Slog, which we are in right now. Slog, that is a pretty good way stalling economic recovery. Pandemic fatigue setting in. It is hard to swallow. The worlds better with covid, such a long way to go. Today we saw the pressure put on as investors left without a new stimulus deal and see a spike in cases of covid. Joe, were going to be digging into this slog. Joe it sort of feels like today is the day that its really daunting on people. This is really real. There really is a surge here. If you want to call it a different way. Kind of besides the point whether it is in europe where we are seeing hospitalizations, deaths, and of course cases on the rise. Hospitals in the u. S. Starting to see strains again i capacity. Of course, this is a major theme of the spring surge. Utah hospital starting to prepare to ration care. Reports out of texas, wisconsin, elsewhere. It seems like today was a day a lot of this set in. A lot of opening trade having a bad day. Romaine it is interesting to bring up