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Kamala harris talked about her middle Class roots and providing help for small businesses. Mr trump talked about the soaring priCes that ameriCans have been living with and laid the responsibility firmly at the demoCrats door. Lets have a quiCk listen to Kamala Harris. My my passion, one of them, is small businesses. I would aCtually, my mother raised my sister and me but there was a woman who helped raise us we Call her our seCond mother, she was a small business owner, i love our small businesses not be my plan is to give a 50,000 Tax DeduCtion to start up small businesses, knowing they are part of the baCkbone of ameriCas eConomy. My opponent, on the other hand, as planners to do what he has done before whiCh is to provide Tax Cut for billionaires and big Corporations whiCh will result in 5 Trillion to ameriCas defiCit. Don ....
Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which ....
How strict would trump be with china, what we saw eight years ago which was radical at the time with the tariffs is not just the baseline, and to what extent would harris continue biden s policies or go further with labour and environmental standards . You mentioned Supply Chain, how do they differ when it comes to that . The chain, how do they differ when it comes to that . It comes to that . The us is t in it comes to that . The us is trying to it comes to that . The us is trying to move it comes to that . The us is i trying to move manufacturing back to the United States. To move back to the United States. Trr move all Manufacturing Jobs back to the United States through tariffs. Kamala harris would look at allies and do some reassuring or french shoring, businesses here in asia, clients are looking at these scenarios its very difficult to understand where to put capital and exactly where to adjust your Supply Chains, one, the I ....
Ofodollar getting a bit traction. The dollar is going down. This is part and parcel of the yellen trade, which seems to be getting reaction now. It will be interesting to see how she works handinhand with the fed chair. Minutes,e last few crude went through 45. This is wti. We are backing off the little bit, but that line in the sand is the highest level we have seen since march 6, which gives you an idea of the turnaround we are seeing. The big question, is it running too far, too fast . Alix some analysts starting to scratch their heads a little bit, particularly as they look at the curve. President elect joe biden said to announce his selection of former fed chair janet yellen as secretary of the treasury. Joining us as michael mckee, Bloomberg International policy and economic correspondent. What about this appointment is giving confidence to the markets specifically . Theael janet yellen ticks most important box for ....
The 1. 20 mark. We will talk about that in just a moment. We are basically flat. Brent crude, which has soared during the month as well, what and what is happening very ,arefully with that opec story trading 47. 68. In terms of the german bund market today, we are seeing a little bit of movement, but not much. That kind of captures the story of the last month, doesnt it . Not Much Movement in the bond market, lots of movement elsewhere in risk assets. This kind of sums it up, the one month of the stoxx 600. For some markets, many markets here in europe, smaller markets were up by over 20 . Alix back to the main news with the vaccine because it is monday, so we obviously have vaccine news. Moderna is requesting clearance for its vaccine in the u. S. And europe today after analysis showed it was 94 point 1 effective in preventing covid19. Moderna Ceo Stephane Bancel will be ....