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Of tech trade war, while the streaming giant netflix misses estimates. Welcome to surveillance. I am yousef gamal eldin in dubai. Assetse risk eye firmly bid, the state of play of the s p 500 currently called substantially higher after of course the earnings picture continues to fill overnight, including from netflix, which came through with a miss. Latest lawsuit and the uncertainty in stride. U. S. 10year finally Getting Movement in the last 10 hours. We are at 81 bits, and the selloff really taking a little bit of momentum over the last few hours. Behold yield curve beyond five years is trading at four month highs. It is not a volatile rising bond yields. It is doing nothing to help the dollar, though. On the currency note, you have traders testing the chinese governments tolerance for a strong yuan. A major move in the u. S. Fx space keeps rallying, no matter what officials you doing. Gold getting a list as well, up. 7 . Kee ....
The pandemic. Attacks and interruptions. That is what most of the audience remembers from the first president ial debate between President Trump and Vice President joe biden. Now the commission on president ial debates is calling for a new format. Senator blackburn will be my guest. Stocks finishing higher on hopes of a new stimulus bill, but it was a choppy day. Abigail doolittle joins us from new york. Walk us through the ups and downs. Abigail certainly fitting it was a choppy day because it was a choppy quarter. And following the pattern we have seen over the last few months. Redad the premarket in the after that debate, the chaos, investors not liking it. The s p 500, up more than 1. 5 . Afternoon news that a stimulus agreement had not been reached, stocks really nosedived, not into the red, but the s p 500 only up about 3 10 of 1 . Day, windowf the dressing to the thir ....
Starting with one big picture question of all the enterprises affected by the pandemic yours has to be one fe. The most you are about mobility and people have not been mobile. What is the main discovery will surprise you are taken from this experience. We lost 80 percent in eight weeks. That was quite surprising. But maybe even more surprising isat what happened next. People, no matter the circumstances in the midst of epidemic still have a desire to travel. Didnt want to go to crowded hotels, they did want to get in the car and go to another community and live there somewhere getting homes from airbnb there is a fundamental desire to travel and connect and see the world i dont think anything can stop it let alone a pandemic especially if veyou do it responsibly but there is a strong will to see the world it has to be done in a much narrower context. Host airbnb is a new way to do something people have done for a long time to travel and lodging. Because there is a large structure of ar ....
Facebook. Fears of celebrity boycotts. And jp morgan has said to have sent some manhattan traders home after positive covid test with plans to restack. Jamie dimon says work from home will cause lasting damage. 6 00 came in london, and a call over the past 24 hours, from the two veterans of markets. Gross. Y dalio and bill its about debt, deficits, and inflation risk. The veteran mindset, the warning shots are plenty. Annemarie good morning, manus. Certainly in different ways both these titans as you say are playing those risks. For ray dalio, he said the dollar is under threat. My question is, what would become the global new king currency as he makes the point in his interview with erik schatzker, the three major currencies all have the same basic problem. Gross, for him its about becoming more defensive, isnt it . Manus it is. We will pick up on the trades in just a moment. Do with to corresponding cash having negative rates. Lets see what our guest host makes of that trade. Take it ....