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Talks about social Media Companies approach to misinformation on their platforms. At 945 a. M. , virginia senator tim kaine host this is the washington journal for october the 20th. Pennsylvania,p in Vice President pence planned a stop in cincinnati, ohio. Two recent polls suggest when asked about the impact of social media and political discourse, most people responded it had a negative effect. What about you . What do you think of social medias impact on the way we get information about politics and how we talk about politics . You can let us know on the lines this morning. 2027488000 hooves 2027488001 who support President Trump and mike pence, 2027488000 for joe biden and Kamala Harris. 2027488002 if you are undecided or support another candidate. If you text u ....
Tesla come over the past three days, falling 18 . We have not seen that since the march selloff. We are kind of entering correction territory. Joe we saw a really incredible runup. For more, joining us, katie cry filled. A lot of people saying this was due, there were signs of this happening. Why didnt you tell us yesterday . This could have saved a lot of pain. It is a little frustrating because today it seems there is no real catalyst except for how stressed things god. Tech isn saying overvalued for weeks and months. Today is the first day that it has actually traded like it. 100s worste nasdaq drop since march. The high flyers were dragging the index down. Trying to press people for an , we have beenday seeing some worrisome signals from the Options Market in the last week. The fix and the nasdaq volatility index have been rising along with the index. You did see those warnings in the past week. Hadeems like that dynamic to br ....
Europe struggling economy. Monetary stimulus remains necessary to support the economy create coverage and to safeguard the medium term price stability. No warning from the International Air transport association revealed the delivery of any future product or acting will require some careful planning called it the largest single transport challenge ever we have a lot to get here so lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely monitoring inflation to reach a level close to but below 2 percent we will keep the key e. C. B. Interest rates unchanged. We expect them to remain at their present in lower levels until we have seen the inflation out ....
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of ....
Underlying inflation dynamics this comes as the euro continues to strengthen last week it hit a 2 year high following the meeting the euro jumped point 8 percent since march its risen about 11 percent against the u. S. Dollar while a guard also said the bank will continue its purchase under the pandemic bond buying with the lope of 1350000000000. 00 euros the program is set to continue until june of 2021 well that number is expected to increase before the end of the year. Come on the state of this state of the Global Economy we are joined by boone was cohost chrystia and founder and chief Market Strategist of the technical traders dot com chris for me and chris lets start with you although the e. C. B. Decided against any major policy action this thursday analysts theyre still expecting like i said the increase in the total amount of the program before the end of the year ....