Drug failed in trials. Good afternoon afternoon and good evening, good morning. This is viviana , this is bloomberg surveillance. First thing is first, this is what your markets are doing. A lot of the focuses on earnings. A lot of the focus yesterday was the fact that we saw this blunder through w. H. O. Leaking. We understand gilead and the impact we saw on the markets because the trial was not as successful as a lot of people were hoping it would be. Overall, your markets are also focusing on oil. Touch today, west texas actually extending the recovery, treasuries climbing with the dollar, and a lot of the focuses what is going on with italy, the Italian Government bond fell after the europeans felt signed off on this plan, immediate follow from the pandemic, and we also look at Corporate News and some of the earnings. Ifo german Business Confidence falling, but it was expected. Of the 79. 7 figure. Again, that is the lowest ever, and in about 30 minutes, we will speak to the head o
joins me now, head of autos and infrastructure at fitch solutions. good morning to you. so, this has literallyjust come out, hasn t it? what do you make of this plan? it hasn t it? what do you make of this plan? this plan? it really appears to be future this plan? it really appears to be future proofing this plan? it really appears to be future proofing the - this plan? it really appears to | be future proofing the industry for this shift to evs which is already the fastest growing segment in the market, and that brings with it big changes to the manufacturing side of the industry. we have been looking at something similar ourselves and what will be the megatrends in the industry to 2050 and one of those is automation because evs are particularly well suited by manner of having fewer parts to more automated manufacturing and it has an impact on the skill sets that are required for manufacturing. but notjust are required for manufacturing. but not just the are required fo
Were going to talk to larry kudlow about this in a moment, but Steve Liesmans at hq. That speech working in concert with a bunch of other data points around the world. Yeah. Well, you know, carl, heres what i think we learned about the market in the past 24 hours. Its okay eating a few more Brussel Sprouts when it knows there are some big, large slices of chocolate cake about to be served. The Brussel Sprouts are fed rate hikes. Before President Trump took to the lectern and congress, federal officials seriously looked at a rate hike. But that was offset and then some by a president promising historic tax reform, a 1 trillion infrastructure bill, and sounded far more moderate on trade and immigration than he has in the past. I believe strongly in free trade, but it also has to be fair trade. Its been a long time since we had fair trade. And lets note that the president did not mention punitive import tariffs or the Controversial Border adjustment tax. He also didnt say he would lower t
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