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And that because your point on bonds. Right now we have the 10 year yield backing up six basis points on the week, up 14 basis points. The worst week for bonds going back to august. Bonds selling off. That pushes yields higher on the idea there is some kind of recovery happening around the stimulus. It is going to be interesting to see whether or not the 10 year yield can break out of this range. David we will have to watch that carefully. We knew the job numbers would not reflect all of the covid surge, but we did not expect them to be showing downward trend before the covid came roaring back. To take us through what the numbers may indicate we welcome douglas holtzeakin, president of American Action forum. He earlier served as director of the Congressional Budget Office as well as chief economist under president george w. Bush. Great to have you back with us. ....
Good afternoon, and thank you very much for coming. This is a representative of our legal team. Were representing President Trump and the Trump Campaign. When i finish, Sidney Powell and jenna ellis will follow me, and we will present in brief the evidence weve collected over the last two weeks. Also joseph, jennifer, victoria is here with me. There are a lot more lawyers working on this, but were i guess were the senior lawyers and boris epstein. I guess the best way to describe this is when we began our representation of the president , we certainly were confronted with an anomalous set of results, the president way ahead on election night, 7 or 800,000 in pennsylvania. Somehow he lost pennsylvania. We have statisticians willing to testify thats almost statistically impossible to happen in the period of time it happene ....
And it is considered the Gold Standard regulator of medical products. We applied our high standards to review this product so that americans can have trust and confidence that the vaccine meets our rigorous standards for safety and effectiveness. Americans can have trust and confidence that the vaccine meets our rigorous standards for safety and effectiveness. With this authorization, we know our federal partners are moving to distribute the first doses of the vaccine throughout the country. The fdas authorization for this vaccine is a significant milestone in battling a devastating pandemic that has affected so many families in the u. S. And around the world. Our action comes as we near the end of what has been truly a year unlike any other in modern times. While this year has been marked by tragedy and sadness, it is also a year with unparalleled Scientific Achievement ....
This press conference. I am pleased to announce that late yesterday, the fda authorized for emergency use the Pfizer Biontech this is the first e first covid9 vaccine to be auth orthe United States. The fda disrespected gold wide worldwide and it is considered the Gold Standard regulator of medical products. We applied our high standards to review this product so that americans can have trust and confidence that the vaccine meets our rigorous standards for safety and effectiveness. With this authorization, we know our federal partners are moving to distribute the first doses of the vaccine throughout the country. The fdas authorization for this vaccine is a significant milestone in battling a devastating pandemic that has affected so many families in the u. S. And around the world. Our action comes as we near the end of w ....
That is extort neri. Extraordinary. The Trump Administration agreed to provide pfizer with 1. 95 billion to manufacture and distribute their Covid Vaccine, allowing this vaccine to be provided free for the American People. While democrats were pursuing a highly divisive and entirely baseless impeachment endeavo,r as far back as january 13, this president , the Trump Administration and the nonstudent National Institute of health were partnering with moderna to work on this vaccine. This administration has remain engaged on the development and distribution of a safe and effective vaccine throughout the year. It began in january and continued thereafter. On may 15, operation warp speed was launched ....