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Francine welcome to bloomberg surveillance, and im Francine Lacqua in madrid, where i have been speaking to ana botin. Mark barton is in london. Mark good morning. We have seen a big drop in the last couple days for global stocks. The msci all country world index, the biggest two day drop through yesterday since september 2, 2016. Check out the stoxx 600, up for the first day of three. Strongest months in september. The start of the year, gains for every european benchmark with one notable exception. The ftse 100 heading for a drop in january, weighed down by sterling. The euro is up by 1 3 of 1 , gaining by a second day. Highest on a closing basis. Extent headline inflation to slow. Core inflation to pick up. The german tenyear yield is down five basis points, 60 basis points dropping for a second day after rising to a 28 months high on monday, when it rose to 69 basis points. Ande oil is down to 64an change. The euphoria giving ....
Monumental mess. Bush tax cuts and the war. And when obama got in office, he had this to the economy by creating he had to pick up the loss of revenue from the loss of millions of jobs. I think about ronald reagan, i think about the current republican governors, i think at all things. I think about the idea that income inequality grew three under republican governors. That top 1 has gained all the wealth. In the bottom 99 of americans have suffered tremendous laws loss under these policies that were put upon us by reagan and thatcher. Also, the fact that republicans denied reality of climate change. It is detrimental to the public. Then there is the war. And the poor is also a major concern of mine. But the most important thing is when you do your homework, i find out the same thing to be true. One of those things that is true is the fact that when you look at what what part produces the most jobs, i find that democratic president s produce more jobs than republican president. Host we ....