Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next year brining the total spending agreement upwards of 2 tri
Fed funds rate the chairman talking about the action and admitting that the cut may not be a cure yall, so to speak we do recognize the rate cut will not reduce the rate of infection or fix a broken supply chain. We do believe our actions will boost our economy. Avoiding a tightening of the conditions that will help boost household and business confidence. Then stocks whip sawed with stocks ending down yesterday, the yield dropping below 1 for the First Time Ever take a look where we stand now at. 94 as we speak quite a bit lower quite a day. You want to get ahead of these things but can you we were up 1,300. I know. Im not listening actually i do want to know your predictions. He would shave to do it at some point i think there is no winner here exactly if they didnt cut, you are skpengting why didnt they cut and the markets go down . What do they know nobody else knows. At this point, it is pure insurance trying to loosen liquidity. You look at people looking at mortgages. I locked i
Igor danilovich, you are in the hall , the stand said, we have this question, it will suit him, a little later lets ask, thank you, andrey serge, thank you, thank you, so, lets move on to aircraft construction, as the son of a pilot, i am very interested in aircraft construction. And i was recently talking with yuri borisovich, and i suddenly realized that the aircraft industry is somewhat similar to the nuclear industry. Alexey evgenievich, here the life cycle of a Nuclear Power plant is calculated in decades, but it turns out that the aircraft was launched into series design, launched into series production, modernization and up to 100 years, as i understand it, the same boging was in operation in sixtyseven, in sixty the eighth year was and will be until the seventies, that is, the cycles are very long. All of this also poses quite big challenges for you, please tell us about them, thank you very much, respect colleagues, well, precisely from the point of view of ensuring the uninte
E v makers. So they are not on the verge of throwing the tone. Im too young from the double rest and im eager to show you. Is that the case or not . Are you, i was the last 2 or 2 of your frontier, thoughts with you are going to venture so you will come from the engine before lunch and me and then to walk. You totally would have to choose onto should go up police. She to, to Grand Junction to have a we call when you talk to this last me who had already a jump on the bund stagen and purchased chewing electric vehicles is set the buffalo. Whats going on . Whats happened to you that the vision is clear up here and the electric portfolio portfolio and yes, a, we firmly believes that electric mobility is going to support a sustainable and so you are missing the future to disco was no longer costs, have to have massive investments in the electric vehicle sector, german also makers including miss status bmw and folks via an over the past decade old gone to based when i heard that vast and ult
The traditional german legacy brands like missy this on coal, cannot compete with the up and coming chinese e v makers. So they are not on the verge of throwing the tone. Im due again from the, the rest. And im going to show you, is that the case or not . Are you all as long as you people are coming through frontier told, could you point him venture so you will come from the engine. But so what should we intend to walk you to choose onto should go up. We saw that she took to Grand Junction to have a way to call when you talk to this left me who had already a jump on the button fagen and purchased 2 electric vehicles is sent to the buffalo. Whats going on . Whats happened to you that the vision is clear, a purely electric portfolio portfolio, and yes, we firmly believe that the electric mobility is going to support the sustainable and so you are missing the future to disco was no longer costs have to have massive investments in the electric vehicle sector, german automakers, including m