I do want to talk about the resiliency of american corporations to adapt and adjust , whether it was Johnson Johnson a bit ago, the seven could jillian dollars the seven gajillion dollars at blackrock. Thenow the story, executable excellence we are seeing in the statistics. It is going to be fascinating. Jonathan it might be too early to say the gloom of pandemic is behind us, but it might be time that we talk about the provision build of these banks. The number comes in at 611 million. I think that is the positive out of this Earnings Report this morning. Talkednali basak really about that being a key statistic, and it is better than good. I go back 10 minutes ago, the idea that they suspended share buybacks, and yet theyve got enormous Free Cash Flow available for Dividend Growth and maybe some share repurchase. Granted, youve got the mystery of what commercial real estate is going to do. Jonathan i imagine their Capital Return Program will change drastically in about 12 months time.
News from california yesterday and have been. ,olatility is a little elevated and we have got a really negative u. K. Two year yield. We were below japan a little bit early on. Slightly better retail numbers, but i have to say a bleak forecast coming out of the obra. Even the medium one i do not think it was positive. What are we going to be talking about . We will be talking commodities. We will chat oil and a little bit of copper and gold. Francisco blanch will be joining us a little bit on a little bit later on, and he is the head of the Global Commodities research at the bank of america. His dash cam weighing in on those commodities commodities. Fargo, citibank and jp morgan with jp morgan the outperform or. What stood out to you. It was something that one of our guests said earlier, validating the thesis that the strong get stronger, banks like jp morgan can use their skill to build up the dominance. In terms of how the shares are performing it is a mix. Jp morgan all the loan gai
Public Health Officials from the centers for Disease Control and prevention, the National Institutes of health and the food and Drug Administration testify on capitol hill about the coronavirus outbreak and the federal response. The acting commissioner for customs and Border Protection mark morgan subcommittee. Questions commissioner morgan on building the wall on the southern border carrying from migrants in cbp custody and stopping Illegal Drugs coming over the border. We will come order. Today we welcome the acting commissioner of u. S. Cuss thomastom customs and Border Protection mark morgan. Thank you for being here today. We look forward to go etting your perspective on cbp priorities and requirements for fiscal year 2021. The fiscal year 2021 in discretionary funding for cbp. Above the current year level. Border barriers and an increase of 625 million, over the current year appropriation for nearly 88 of the total fy 2021 increase for cbp overall. I have obvious concerns about s
Testify on capitol hill about the coronavirus outbreak and the federal response. The acting commissioner for customs and Border Protection mark morgan subcommittee. Questions commissioner morgan on building the wall on the southern border carrying from migrants in cbp custody and stopping Illegal Drugs coming over the border. We will come order. Today we welcome the acting commissioner of u. S. Cuss thomastom customs and Border Protection mark morgan. Thank you for being here today. We look forward to go etting your perspective on cbp priorities and requirements for fiscal year 2021. The fiscal year 2021 in discretionary funding for cbp. Above the current year level. Border barriers and an increase of 625 million, over the current year appropriation for nearly 88 of the total fy 2021 increase for cbp overall. I have obvious concerns about spending another 2 billion on Additional Border barriers. But aside from any debate we might have about them, this administration continues to circum
Happy tuesday. These are your markets. A lot of the focus this week will be on earnings. We have a lot in the u. S. And europe. Of days awayle from the signing of that phase one trade deal between the u. S. And china. We are still trying to figure out what happens between the u. K. And the eu. There is a lot of speculation. While Bank Earnings c,itif with j. P. Morgan and wells fargo will follow after. We will focus on what blackrock Just Announced moments ago to focus on more sustainability. Lets get to the bloomberg first word news. The Worlds Largest asset manager is upping its push to a greener future. Blackrock will put Climate Change at the top of the investment strategy. Inwill avoid investing companies with sustainability risk. The u. K. Is likely to secure a trade deal with the eu, according to Boris Johnson. He said he is very, very, very confident. The transition phase is currently scheduled to end on december 31. Iraqi leaders privately want u. S. Troops to stay in the coun