Progressives once at that, pushing people to go ahead to vote in georgia, become temporary residents and then leech. That is against the law. You cant do that there. Well find out how widespread that is. The read from the secretary of state says it is more widespread as you know, but none of this was going on in the big election a month ago. Jackie deangelis following all the biotech news and remedy news and vaccine news and how soon do we see it news. Jackie. Reporter good afternoon, neil. Things are moving quickly indeed. Pfizer biontech filing for covid19 vaccine approval in europe. Boris johnson is talking about administering the vaccine in the uk in a matter of days. This morning the fdas stephen hahn at the white house, the white house is concerned that the fda might not be moving fast enough. President trump tweeting yesterday, moderna now applying for emergency vaccine approval. Usfda must act quickly. The next steps are these. Fda outside advisors will meet on december 10th, n
Thats what you see going on today, issues that are taken on are the likes of boeing and disney and exxon mobil with oil week and oil related issues and services are taking on as well. Earlier on i told you in the week whats happening in the front and of the socalled yield curve when one in three month bills were returning negative rates, if you want to park your money at a bank in a negative rate environment, your to pay the bank for the privilege of hanging on tour your dough, that is no longer the phenomenon right now as yields have turned positive on the shorterterm security. There was a flipside to the argument and theres less then a reason to move over to stocks. If there are no more negative, they are very, very low, they are extremely low but bottom line they are better than where they were. Lets get to read from hilary vaughn, the relief package coming from the house of representatives. They had some yelling and screaming going into this but their intense abating about in a pas
Development, even though the number of cases in the number of deaths rise, they are rising at a slower rate, hospitalizations are growing at a slower rate and now of course admissions into intensive care, that to is dropping. So those are constructive developments that you obviously want to see. But we told you about Boris Johnson doing better. People forget another thing were dealing with is the ceo of morgan stanley, he is okay right now, he is recovering from the coronavirus. These are bits of news that we tried to get out to let you know not all the news is grim as they continue to look at what a good time to gauge when making kind of slowly get ourselves into weaning out of the lockdowns parade were a long way from that and a lot of folks to say this is a generous timeline, we will get both sides of the story. Right now we know the healthcare tax force led by the president is going to be reporting a little earlier than normal, about an hour from now. Like fermented tea it all up.
And global names are all taking it on the chin. The market itself is down close to 40 from highs reached a little more than a month ago. And this is feeding on itself. Now, the excuse de jure seems to be the fact that the senate could not cobble together a rescue package late last night. 2 trilliondollar package, democrats say was tilted too much towards businesses. Now theyre scrambling again to come up with something that might be more mutually acceptable. Questions whether it is too little too late. If you consider the 3 1 2 to 4 trillion that the Federal Reserve has provided through everything from cutting Interest Rates down to essentially zero to buying mortgagebacked securities, buying corporate paper, buying anything that they can get their who little hands on to get the cash in the system, that is what it is all about, get cash in the system so people dont feel theyre frozen out, or there is no money available, you hear a lot about this quest for liquidity. Liquidity, my frien
Many more americans. In the event iranians make another bad choice the president will respond in the way he did last week. I know that the efforts that we have taken, not only last week with the strike against soleimani, but strategy we employed saved american lives. Neil what happens next . What are we worried about happens next especially when the iranians are talking about a swift and Immediate Response . Former u. S. Deputy secretary of defense under bush 43, Paul Wolfowitz on all of that. Sir, always good having you. Iran is making it very clear that theyre not going not to respond. How far do you think they push it . What do you think theyre up to . Look i think both sides dont want to see a larger war. I think that will lead to some restraint. But, they keep saying theyre going to respond at time of place of their choosing. Which i suppose is consistent with the idea that revenge is a meal best eaten cold as they say. I think, i think it is very important to keep an eye on iraq