Cases, we talk about it every day. We need to im starting, i dont know what youre hearing, im starting to see anecdotal evidence that things are slowing down a bit in the economy. Im getting that too. Im getting people who are saying, i really would want to make a big spend, this is in terms of the big tech spend, for instance, i got to figure out what is going on or when are people coming back, are people ever going to come back . This stay at home versus go back to work, we thought it was resolved, we thought that things it was just a matter of time before you go back to work and those involve big Corporate Capital spending decisions and i think that those decisions are right now on the balance, because people dont know whether this thing is just going to continue to rage. I think we can expect it to continue to rage for the foreseeable future until the vaccine is widely available. There are people people are starting to curb their behavior thats what im referring to, and there are c
The stoxx 600 up by 0. 7 . It has not given up gains of yesterday. The ibex continues to outperform. It has been one of the most beaten up during the covid crisis. The s p is down by 0. 8 percent. Crude is still up, trading at 42. 82. This demand expectation goes handinhand with the travel story, but crude stocks in europe are some of the best performers. Oil certainly gaining on a number of fronts. We continue to see what is happening in the bond market, and we watch this very carefully. I think the german bond market increasingly, certainly over the last day or so, feeling like it has been driven by what is happening in treasuries. Treasuries moving up to that 1 mark, having an effect on what is happening in germany. Interest overwith the next few days. It is only tuesday. Alix thanks for that. It was an ugly close yesterday for the u. S. As guy was mentioning, eu negotiators reaching a deal on the longterm budget, expected to add about 2 to the eus economic output in the coming year
Story on the vaccine pause we were talking about with the cfo a little earlier on. We are waiting to see what news we get on the stimulus front as well. Brexit talks look like they are going nowhere. The s p is higher as we await news from apple. Day. Ve amazon prime the pound is lower, down by 0. 6 . The euro is softer as well. And there we go. We are watching the bdp trade the btp trade. This is we continue to see the redenomination trade factor into the btp market. Expectedue to see an further move from the ecb being factored into the btp market. How much further will it go . We will talk about that throughout the program. Alix as you were mentioning, countries across europe are widening curbs to get a grip on the fender mike thats on the pendant. In the on the pandemic. In the u. S. , there is still conversation about the election and pricing in a blue wave. Anwitiet more with dr. Bahuguna, Columbia Management head of multiasset strategy. Bahuguna thank you for having me on the sho
Welcome. There has been investment in the science and manufacturing of developing a vaccine and rolling it out in record time and getting it to everybody around the world. To tryf us came together andunderstand this journey to quantify the uncertainties in the science and scaling up of such a product and to reflect on what this means for policymakers and societies all over the world. What is the chance of getting a vaccine in the next 12 months, how long will it take to manufacture it to scale, and how governments done in designing their vaccine portfolios, but why does this matter . Taxpayers need to know this information. We are aware of industries and governments that have their own internal models and analyses. The stakes are too high and the information shared so far has been so little and hard to. Erify not only is this needed to plan buildlios, but to help trust, without which a vaccine will never work however successful. Today we are sharing our findings with you including the
Been living through an unprecedented health, economic and social crisis. A global catastrophe many have predicted and index of which are living around the world, a vaccine which has been hailed threat as the only solution to this crisis to the covid pandemic, and there has been investment in the site and manufacturing a developing such a vaccine rolling about in record time and getting it ideally to everybody around the world. A few of us get together a few months ago building upon in may this year to try to understand this journey to characterize the vaccine for polio, scaling up of such a product. And to reflect on what this means for policymakers and for society all over the world. What are the chances of getting a successful vaccine the next 12 months on how long will it take to manufacture it to scale, how good a job have government, collisions of government, donors and supranational organizations done in designing their vaccine portfolios why does any of this matter . National pe