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Welcome everyone to the brooklyn book festival. Tonight is the seventh day of an eightday festival where we have presented over 100 programs and almost 300 authors. It has been a tremendous week of literary celebration as were very grateful to have his of the wilkerson and Michael Eric Dyson with us tonight. I would like to say one thing, show the love by purchasing their books in the link below. They are authors with books after all and going to turn over now to both of them to continue the conversation. Thank you very much. Thank you very kindly. Im honored to be here today with a woman who is among the 304 greatest writers in america, arguably the finest writer in america today. I am going to make that argument. So it is an extraordinary honor to be with you, ms. Isabel wilkerson, and to have this opportunity to chat with you. Theyre calling it a a conversation but im just going to fan boy out and as as a sayn the hood, ask ....
Is it up to the coronavirus challenge the cracks already starting to show. And production the facemask is ramping up some governments believe that they can help prevent the spread of the corona virus but the World Health Organization says theres little evidence for that. Im sorry kelly welcome to the program spain has been mourning the victims of the corona virus with a minutes silence across the nation the countrys death toll is the 2nd highest in europe behind italy which also held a minutes silence Spains Health system is being pushed to the limits although the government believes that it is seeing signs of hope a minute of silence in madrid after the deadliest day yet in spains corona virus outbreak. The city and much of the country are on lockdown following other european nations. A Senior Health official w ....
The pound is rallying. Tenyear back to 17 now as that threemonth tenyear curve goes positive road map begins with a trade boost, stocks set for a sharp rally at the open as optimism for a skinny trade deal is growing. Oil prices jumping this morning, this after iran says two missiles struck one of its tankers. Gms urging the uaw to engage in around the clock bargaining to reach a deal and potentially end the more than three week long strike. Were going to begin with u. S. china trade talks, lighthizer, mnuchin, greati ingg chinas vice premier the president and the vice premier set to meet this afternoon. Yesterday, the president was upbeat about the talks take a listen. Were doing very well, were having another one tomorrow. Im meeting with the vice premier over at the white house. And i think it is going really well i will say, i think it is going really well. So we had a very, very good negotiation with china theyll be speaking a little bit later, but theyre basically wrapping it up ....
Of yields, and the question for the market is this. Is the fed a shoe in in terms of the rate cut that we expect . By the way, does anyone care about a 1 trillion deficit in the u. S. . Yousef the winds of change are upon us. That is what the folks at Morgan Stanley say, their chief equity strategist put out the notes. The returns from u. S. Growth were surpassed by their expectations. Lets get to some of the other market action, and a bit of a rep from hong kong with sophie kamaruddin. Sophie asian stocks are extending, but we are seeing volatility with tracking lower. Bojhead of the fed and the meetings later this week. Results. D see solid check out hsbc, the stock falling in the afternoon section. The stock edged higher in the morning session. I just want to highlight the continued selloff in chinese bonds as well. The 10 year yield dumping the most in the six months, with momentum. Oficymakers are wary aggressive stimulus. Wo ....
Especially big oil and big attack. We will have the likes of credit suisse. Its very much so a mixed fixture mixed picture. Are mixed financials this morning. Also interested to see how retailers will do today given the fact lvmh looking to make a bid for the blue box, tiffanys. Staples and industrials are in the red, looking to be a risk off here in europe. What are you seeing across individual names . Winners butrs and lvmh is at the top of your list as far as Companies Adding index points or holding us back from further losses. Adding points to the index, you shall in second place there. Luxurygot some other stocks there carrying specifically. If you look at the losers here, onc is the biggest weight the stoxx 600. Taking out about 2 10 of a point from the stoxx 600 down half a point right now. Unilever are also losers today. You do see two of the biggest newsmakers, Louis Vu ....