From volkswagen today. The auto company, vw, just unveiling its new electric suv. It will be assembled right here in tennessee, usa. Volkswagen of America President and ceo, scott keough will give us all the details a very busy hour coming up. Johnson johnson is beginning a latestage trial of the oneshot coronavirus vaccine. Jackie deangelis with all the details. Hi, jackie. Reporter good afternoon to you, david, that is really important. Latestage testing will get to us the vaccine this is phase three for Johnson Johnson. Administration operation warp speed has four candidates now, this is the fourth one to get the latestage testing phase. Phase three for Johnson Johnson will be 60,000 people across the country and abroad. Moderna, pfizer, astrazeneca, they are the other ones right now in the latestages this is coming as the department of health and Human Services Just Announced 200 million as well to try to get certain jurisdictions ready to administer the vaccine. It will help them
Session here. We are seeing korean stocks up, some 4 . This has certainly been a shift in the risk on sentiment we are seeing. The concerns over the waves are being brushed aside. Across assetsg here. When it comes to your bond, we are seeing yield ticking higher. 73 basis points for your u. S. Tenyear. We saw a rise but it is petering off. Did selloff overnight. Take a look at currencies, the dollar dropped will be the key story here. That is living these markets here today. As aen has been steady rock here. Despite the volatility we have seen. That should give some breathing room for the boj. Perhaps they are likely to sit tight when it comes to policy levers but look for hints on what they do with the Corporate Funding program. Youre seeing that dollar is really trickling through here. The taiwanese dollar is blaring green here today. We are up a third of 1 . The korean won strengthening. 7 . Mmb is unchanged. There has been a sense that the feds have the markets back. Letting the C
Last roughly 12 years or so. Relative to today, stocks are sharply higher. We have crude oil, another risk asset recovering at 21 a barrel. There are some folks thinking that the demand picture is improving, sending the Energy Sector to the top of the list, and that is also helping small cap up 3 from outperformance. A lot of the Energy Companies are on the smaller topside. Itfor the bonds and the fed, has been about the news of more issuance from the treasury. We have the yield curve again steepening, i think four out of the last five days, rising by about 11 bits this week. The is healthy, that is yield curve normalizing, something that the fed wants to see. If it continues to steepen, it will put volatility to the markets to the downside or the notways chop way, that is happening today. Keep an eye on the yield curve. We have the long end selling off in the two year call carving out a record low. David extraordinary, thank you. 20. 5 million jobs were eliminated in the United States
I want you to stay safe stay healthy stay smart and well see you next time i meet the press. On this weeks show a relationship saving reminder valentines day is the 14th is technology now competing with cupid and is commercialism creeping out the on couple but 1st when a whistleblower spoke out google called the cops google says algorithms govern search leaked documents reveal human fingerprints holland cook in washington this is the big picture on r. T. America. Google has become of verb its internet search tool is that commonplace in our everyday lives like kleenex and scotch tape its become a generic term googles Corporate Mission statement is to organize the worlds information and make it universally accessible. And useful which google says it accomplishes by considering many factors including the words in your question the content of pages the expertise of sources and your language and location recently we introduce you to activist merriam 9 who spoke of google manipulating search
A generic term googles Corporate Mission statement is to organize the worlds information and make it universally accessible and useful which google says it accomplishes by considering many factors including the words in your question the content of pages the expertise of sources and your language and location recently we introduce you to activist merriam had 9 who spoke of google manipulating search results at the expense of alternative Health Information and while googles Parent Company itself has pharmaceutical subsidiaries if you miss that show you can find it where youll find all our shows at youtube dot com slash the big picture r. T. And merriam introduced us to a former Google Software engineer who says there are other ingredients in the secret sauce they were intending to sculpt the information landscape so that they could create. Their own version of what was objective lee true that before hes worked at google for 11 years he was a senior Software Engineer until he discovered