Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
To be a lot at night it was also wholl ok thank you so much for that ma and i do remember that speech very well trump was forced to laugh it off im self. Cant get that out of the memory thanks for that ma when will come back to you a little later in the program joining us now from washington d. C. Is richard ponza he is the director of just security 2020 with the Stimson Center think tank. I want to pick up something that meaghan said and put it to you my almost talking about this astounding reversal of roles that we see now the u. S. Really its very nationalist and we have china and russia talking about multilateralism holding this up about their commitment to the u. N. And to you the uns role whats your take. It is truly an astounding reversal. From the beginning of the trumpet ministration not just the beginning of a pandemic the us has been very much on the attack about some type of book globalism that was antithetical with real American Values patriotism of course all tied to his
The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now reflecting higher demand. Retail is up after a record gain in sales. A lot of retail names are heavily shorted, so you could be seeing a short squeeze as investors rushed to cover their bets. All of it comes back to fundamentals, like earnings. Morgan stanley talked about the disconnect between the optimism out there and the bottom line. Andgap between the s p 500 as aftertax profits has soared to rec
The s p 500 up. 3 . The big outperform or are the small cap domestic stocks, a safe haven away from of the global macro tensions we are seeing. 5 30 curve, the steepest you have seen going back to march. That risk on tone continues here ash crude markets, up 3 , opecplus continues to extend discussing those record cutbacks they are seeing for an additional month. For more on this uncertainty between risk on an risk off we are seeing in the markets, i want to welcome carol schleif, abbot downing investment deputy chief investment officer. Today we are getting some risk on tone but we are fluctuating between gains and losses. The dollar, copper, oil are moving. What does this tell you about what you are seeing in the market, perhaps some hedging going on . It is telling us investors are taking a step back , taking a look at how far the markets have rebounded off of the bottom. While you have some encouraging green shoots, it is a broader rally coming up, there still remains the potential
Wit, heumann served in bill Clintons Administration shaping disability policy in the department of education and was appointed by barack obama as the special adviser on disability rights for the state department. She is also a former senior fellow at the Ford Foundation and advisor to world bank. She joins us tonight to discuss her life, work, and new book, being human, an unprepen tent enemy interior of a disability rights activist. She will in conversation with tam la edwards. The science yours. Thank you very much. Thats wonderful. Andy, in the news age of social distancinged a great to see we can get it done and judy it was an honor truly to read your book, running theme in the book how often people tell you, people who should know, say i had no idea and im hopeful that people reading your book and joining in on the conversation tonight will be brought up to speed on what your fight has been about and all the changes you have made, and in fact thats where i wanted to start to give