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Tom keane taking one final day off. This market ripping through the month of november, adding weight to the rally this december. Lisa up 1 on what . Nothing it seems ahead of this testimony with chairman powell and secretary ma nuche chin. Lisa tom keen is so upset hes still in triple leverage all cash funds had he to take the time out to start his own Cooking Channel on twitter which is what he seems to be doing over the past few days. There is a question how much good news is baked in. We have gotten some news about vaccines looking for approval. Yet at this point, you have raised this again and again, john, how much scarring is there from record numbers of cases of covid, as well as hospitalizations. The numbers keep breaking all time highs. Jonathan the numbers arent going to be great the next couple months. Thats a given. I dont know how much we need to see thats really going to weigh on people considering how well anchored ....
Ofto see geoffrey yu there bny mellon in our opening. With the new slow out of washington, how to get ready for ferro, do you think the secretary of treasury will be watching mr. Powells press conference . Jonathan i hope they speak before the press conference. These two need to get on the same side. It is not good to wake up ever to see the chairman of the Federal Reserve and treasury secretary on different pages on an Emergency Program that, lets be clear, has really helped keep financial conditions loose at a really tough time for the u. S. Economy. I am surprised, maybe even shocked, that the market is where it is this morning based on the spat between those two individuals. Tom there are distractions in washington, but maybe it was beneath the radar off of president trumps efforts to tolection 2020 lisa move election 2020. It devolves to a market that looks like the ....
And the guy who put billions of dollars to work in shale. What does he see as a potential growth opportunity. If you are shale, you have opec doing the heavy lifting now. Totally. Jonathan you should be very happy with that. Crude does not stabilize. These are the stores this totally. Jonathan morning scores this. Eurodollar stable. Yields higher by a single basis point on the 10 year. David time for the morning brief. We will get data on the u. S. Economy. Weekly jobless claims, wholesale inventories and the advanced good trade inventories for april. Brainardrnor lael takes part in a discussion on the Global Economy in washington. Thejim bullard speaks on u. S. Economy and Monetary Policy in tokyo. At 1 00 the u. S. Treasury will sell 28 billion in sevenyear notes. Coffee. W we have opec extending production after last years agreement failed to limit the global oversupply. ....