Today discussed Coronavirus Relief negotiations, funding the federal government and the results of the 2020 election at her weekly briefing. She took questions from reporters about the delay transition for president elect biden and the role the house could play in ensuring a smooth transition of power. This is about 25 minutes. Ms. Pelosi good morning everyone. As our nation prepares for thanksgiving, we just thank god for all the blessings he has bestowed upon us, our men and women in uniform who keep us safe. We thank them and their families for the sacrifices they make for our democracy, for our freedom. This year, we wont be able to be joining each other in the traditional way, but virtually well come together to thank god for our blessings. As we do so, though, it will be with great pain, with great pain that in our country and the course of this year, 250,000 americans have lost their lives from the coronavirus. Daily cases have averaged over 160,000 in this past week. Hospitaliz
Green shoots rhetoric. What makes it interesting going into november, the financials had already been up 30 out of the march low, plus the yield curve has, in. The yield curve has come in. It is puzzling why the banks are up so much. It has to do with the narrative of the traders and investors buying cyclical stocks on the potential for strong recovery. Guy i will cheat david i will cheat. You and i talk when we are not on television. What is going on with the yen . Abigail those are some of my favorite conversations because we can move back and forth. The yen does bring attention to itself over last year. It is up about 4 . When you have stocks at alltime highs, you have bonds at record highs, although folks will say the fed the yen is a pure play haven. Over the last year, up about 4 . Some traders might like the fact that stocks are higher, but theyre probably hedging for the possibility there could be choppiness ahead. That is true for the vix. The vix is still above 20. That is in
Gave an update on Coronavirus Relief negotiations, funding the federal government, and the election results. Reporters asked about the delayed transition for president elect biden and the role the house could play in ensuring a smooth transition of power. A smooth transition of power. This is about 25 minutes. Speaker pelosi good morning, everyone. As our nation prepares for thanksgiving, we thank god for all the blessings he has bestowed upon us, our men and women in uniform who keep us safe. We thank them and their families for the sacrifices they make for our democracy, for our freedom. This year, we wont be able to be joining each other in the traditional way, but virtually well come together to thank god for our blessings. As we do so, though, it will be with great pain, with great pain that in our country and the course of this year, 250,000 americans have lost their lives from the coronavirus. Daily cases have averaged over 60,000 in this past week. Hospitalizations have set a n
Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
Says libyas warring sides have agreed to hold elections within 18 months aimed at uniting the country under one government and anger in armenia over a deal with us or by john to end. The fighting in the going to occur about the Prime Minister says it was about preserving whats left. Welcome to the program, europe has been called a cautionary tale of the dangers of easing krone virus restrictions. The World Health Organization issued a warning as the continent is witnessing an aggressive surge and infections more than 50000. People have now died from covert 19 in the United Kingdom and in italy. Once the epicenter of europes outbreak, 623 people died in the past 24 hours. Andrew symonds reports for the u. K. Its another landmark in the spread of covert, and its causing a lot more than 50000. 00. People who tested positive have died. Britains total of dead is now the highest in europe. Nearly 600. 00 deaths on wednesday overtakes figures since may in the 1st wave. Every death is a is a,