Chairman grassley had put his epic streak of consecutive votes temporarily on hold for the sake of other people. Of course leadership and example setting are nothing newpl for te senior senator from iowa. Im confident our colleague will pick up exactly where he left off, resuming both his perfect attendance record and the tireless work for iowans that he represents. We all benefit so very much from his leadership. So the senate is back in session to finishe up 2020. 2020. The American People are counting on us to finish strong. We need to reach on federal government funding to avoid a lapse in basic programs and services. We need to finish the annual Defense Authorization to shore up the u. S. Militaries competitive advantage over our adversaries. Andd we need to continue processing wellqualified nominees for vacancies throughout the government especially, especially on the federal bench. These are important assignments but they are not the only assignments congress should not depend f
Flags were on the Capitol Building and at the white house are being flown at half staff in members of pearl harbor. Now live coverage of the u. S. Senate here on cspan2. The senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Great redeemer, guide our lawmakers along the best path to fulfill your purposes on earth. May they submit to your wisdom and providential leading, believing that you will supply all of their needs. Remind them that your unfailing love accompanies those who put their trust in you. Give our senators an attitude of reverential awe that will keep them from evil. Inspire them to rejoice and be glad, as they strive to live lives of purity and obedience. And lord, as we remember pearl harbor on this december 7th, thank you for your loving and prevailing providence. May we show our gratitude by facing the future without fear. We pray in your majestic name. Amen. The president pro tempore please join me in reciting
The last 24 hours. Tom what is interesting is the microanalysis of france or germany. Interesting conclusions. Heres what matters. Hospitalization capacity and the number of deaths is front and center for the pros. Jonathan and for market participants, desensitized by the numbers, conditions by the experience of earlier in spring. Markets that if that markets go up, and if they policymakers step in. Tom it is real simple here. Yes, all of that is true, but. Lso noted, a society adapting stimulus may be, the adoption of a set of vaccines, but also corporations adjusting to try to better 2021. Jonathan lets hope we get some better economic data. 8 30 eastern, jobless claims just around the corner. We got from 3m this morning. They are going to cut 3 of their staff, 2900 jobs. This comes amid the concern, how much can we see these terrible pandemic numbers without longerterm impact on that future outlook in 2021 . At 8 00 a. M. , we are getting the rest of the opec meeting on out cuts on
Thrilled you are with us, the simulcast, Bloomberg Radio coasttocoast, and good morning on bloomberg television. The new york city Christmas Tree lighting tonight at rockefeller center. All of the worry we have talked about of this pandemic, death set a record level in the United States come breaking the april 29 level as well. Jon, the markets speak. Moments ago, euro out to new recent record strength. Jonathan a record high in the equity market, the unwelcome record of the pandemic. 1. 21 53 on eurodollar. Once again, it is broadbased dollar weakness. You just wonder how uncovered it will this will make the ecb and how comfortable the move in eurochina will actually keep them. I think that is key, what happens broadbased for euro against other currencies. The im looking at bloomberg terminal here. You can see that on Bloomberg Radio right now. Renminbi comes down as well, with an abrupt move. At all correlates together, and then theres this zombie, the gloom of the bond market. How d
Weve had confirmation of a monster deal. Ryanair, europes largest carrier, committing to the 737. Maxs. Oing to buy 75 737 this comes on the heels of that grounded,being un after the huge grounding following those two crashes. We will be talking to the two ceos of these companies at the top of the next hour. Alix this is your super bowl. I just want to point that out. Some data dropping right now as well. Ism men effect ring data for november ism manufacturing data for november. Mike mckee has that. Michael it is slightly less than we expected. It comes in lower than the prior month. The services pmi comes in at 55. 9 from 56. 6. Not much of a change. Still growing strongly, which is important because this is a Services Economy. New orders were down a touch, as is the business facility. 51. 5 from 50. 1. In the Manufacturing Survey earlier this week, we saw employment fall into contraction soritory for manufacturing, Rising Services employment is still good news for the auto for the ov