Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
Rips into Silicon Valley and defends the companys government work and no symptoms, no test. Why the cdc is quietly updating its coronavirus testing guidelines normally, jim, i wouldnt start there, but you were just tweeting a moment ago about how important testing is as the number the sevenday average of new tests in this country is the lowest since early july. I just think that the main gap in the system is you hear people say, well, my daughter just got it from college and weve been all trying to test in the family, its five days, we dont know what to do. I think that that halting nature of what to do has gripped this country and has changed it from a country where you go places to a country where you stay at home its a country where you do not travel overseas, its a country where youre frightened over a five and sevenday period endlessly and we live with the tyranny of it. Testing would end it, but its got to be instant. Cant be a lab a lab is a big, big obstacle. Yeah. We will talk
That we are looking at, much like we did yesterday where we were talking a great deal about the possibility of a new record even intraday or all time on the s p. Yesterday it was that bizarre russian vaccine news and i think we can all term it bizarre, but today its moderna signing a deal with the u. S. Government which is signing a lot of deals to make sure that there is manufacturing capacity in place to deliver a lot of doses of a vaccine if and when it does get through phase three trials into i was listening to meg tirrell this morning and i was looking at an email how much is regeneron getting. 500 million in july i would say, david, is there any amount that you wouldnt spend on these companies to get this thing beaten because if were spending 2 trillion to just try to stay in place we have got to flood the market with money. Make it so its worth wise for everybody. I have emerging bio tonight, they would be helping making a lot of these giant doses and i dont think i think that y
Is almost four times the last year and the amount of investment realized is the one on earth sitting and turned into capital and turned into companies, factories and activities , it was two and a half times last year. In 10 months of this year, in fact, 37 thousand billion tomans of socalled investment have been realized and projects have been opened and reached exploitation , and the socalled principal wave. In fact, the start of our investment projects will be in 1403 and 1404. The session of the public floor of the majlis is still being held. In reviewing the plan to amend the countrys trade union law, the representatives referred some materials to the Economic Commission for further consideration. In this regard, i am having a conversation with the Sada News Agency reporter sima mrs. Ali khani, hello to you. Tell me about the details of todays meeting. In the name of god, i offer my greetings to you and to the viewers of khabar network , the meeting of the Islamic Councils sahn ali
Open. Plus signs of a resilient consumer. Amex beats expectations, record revenue for the sixth straight quarter. And transports continue to be in focus. Theyre on pace for what would be the fifth straight weekly loss for that group. Csx reporting a mixed quarter on weaker rail demand. Knight swift saying freight demand remains steady. Lets get to that tenyear hitting 5 , as we said, late yesterday. This is what the chair had to say about bonds and rates. Are we seeing the longer run bonds . Increases in rates . Are we seeing those come through in Financial Conditions in a persistent way, and i think if you look at Financial Condition indexes, the answer, so far, would be yes, you are. Persistence, it will be a matter of just seeing whether or not but certainly, if you look at Financial Conditions indexes, theyre showing tightening, and its a lot because of longer rates. He did say a few months of disinflationary data is just the beginning, sara, of whats going to be needed. What did y