People should own what has worked for the past 10 years. People get excited with the disruption type of names. When you look at historical cycles, you have never had a time when that leadership continues into the next cycle. That isthe fact that where the leadership has changed, i think that plays along very closely with what you were just talking about in terms of market performance. Romaine we are speaking with dan suzuki. A very interesting day on wall street what do you make of it . Rising chinau. S. Tensions rears its head again. Indexes close with a little bit of a swoon toward the close. How are you thinking about chinau. S. Tensions . Is this something that kind of keeps us locked within volatility and range . Dan it certainly has the risk of derailing the rally. The thing with this rally, one of the drivers has been falling uncertainty. New, we did not know much about it, it was like flying in the dark. More optimism around the treatment and vaccines, that has been decreasing
Still trying to get the final meetingfrom opec in the that started two hours ago. Those details continue to come through. I want to take a look at the s p 500 on a four day week. It is a shortened holiday week, so the bond markets will be closing in a few hours. It does mean the market is still having some of the best week, going back at one point since 1974. David thank you so much to taylor riggs. As we said, it has been largely a day about the federal reserve. Cioing us is rick rieder, for Global Fixed Income for blackrock and also head of their global Asset Allocation team. Welcome. When i heard this this morning i said my jaw literally dropped. What was your reaction . Rick i am right there with you. This is an incredible amount. It is followed by chair powells presentation afterwards. Not only are they getting into already what they have announced has been incredible. They are going deeper in terms of what they are doing. They are getting at wide swaths of different marketplaces.
Crude at 22 a barrel. Guy some of the crude stocks in europe are trading a bit higher. Of the stocks in terms Sector Performance today actually doing a little bit better, but european stocks are down. We are down your session lows, approaching 4 . We are waiting to find out what happens in the senate a little bit later. That big bazooka a little bit of ther on ahead german fiscal story. Theyre going to be turning on the taps over in berlin. Still, maybe more need to be done on a european basis. 38 on the negative 0. 38 on 38 on theenure german 10 year. The pound is back down again now , down only a little bit, but its been battered of late. The euro is still in positive territory, up by over 1 at the moment. Clearly, this demand for dollars still yet to be fully cited by the swap lines put in place. But to be honest, they take a little while to work. All of these announcements we are getting on a minute by minute basis from the and others, they dont kick in immediately. They take a lit
Hollywood producer Harvey Weinsteins a sex offense. And broadcasting live from our studios most of this is International Im john thomas from the granted to have you with us. All right dozens of people convicted of terror offenses in the u. K. Who are really least early are said to have their cases reviewed as according to Prime Minister Boris Johnson and this comes after it was revealed fridays London Bridge attacker had himself been released early. How many other people are in the same he would show lot out and there was no in this has nothing to do with perot there was nothing to do with probation and eagerly the same as legally there are probably about 70 this is really become a talking point over the weekend since that attack on friday on London Bridge towards the side where the city of london financial district is now of course the person involved. Somebody who had already been found guilty of involvement in a plot to blow up the London Stock Exchange but then it was released as p
Hollywood producer Harvey Weinstein sex offenses. International live from moscow with me Daniel Hawkins just one here in the capital welcomes program and we start in the u. K. Where dozens of people convicted of terrorist offenses who were released early on license will have their cases reviewed thats according to Prime Minister Boris Johnson comes after it was revealed that the suspect in fridays London Bridge attack had himself been released early. Any other legal are in the same he will show loud out and there was no in this has nothing to do with parole there was nothing to do with probation how many legally sames legally there are. Alive now to r. T. C. Sally for more on a series of acts for joining us this has become quite a talking point as in over the last couple of days a lot of political points scoring going on how worried should the public be those 74. 00 terrorists out of jail earlier back on the streets. Absolutely this is really become a talking point over the weekend sin