President ial debates. Im hale bruno from abc news and i will be moderating. The participants are dan quayle. [ applause ] democratic senator al gore. And retired vice admiral james stockdale. He is with the independent candidate ross perot. Now the ground rules for fonts debate, each can dlat have two plnts for an opening. This will be followed by a five minute constitution neither which they can ask questions of each other if they so choose. The order of response has been determined by a drawing. Our radio and tv audience should know they were given an equal allocation of seats for supporters. So could the audience please refrain from applause once the debate is under way been that plea from your moderator, lets get started. Good evening, its great to be here in atlanta for this debate where america will be showcased to the world. It is appropriate because in a real sense our constitution this evening will be about what kind of a nation we want to be four years from now. Its a pleasu
And retired vide admiral james stockdale, who is a Vice President ial nominee law for independent candidate ross perot. [applause] now the ground rules for tonights debate, each candidate will have two minutes for an opening statement. I will then present the issues to be discussed. For each topic, the candidates will have a minute and 15 seconds to respond. This will be followed by a five minute discussion period, in which they can ask questions of each other if they so choose. Now, leo theyre up, responses to be determined by a draw. And we will rotate with each topic. At the end of the debate, each candidate will have two minutes for a closing statement. Already our tv audience should know that the candidates were giving given equal allocations for his supporters. So i would like to ask the audience, here in the theater, to please refrain from applause or any parties and demonstration once the debate is underway, because it takes time away from the candidates. So with that plea from
Investors say there is little chance of warding off a recession. The bank of japan is next. Governor kuroda may be more aggressive as the virus further weakens the economy. U. S. Futures start trading in the negative right now. Under pressure right now. 3 percent. Even after we saw the worst day since 1987. Forident trumps travel ban europe not today well with investors. Take a look at what we saw throughout the session. It was an incredible day on the s p 500. The fiveminute trading. If you can switch up the board, you can see what happened throughout the session. We were down 7 . We did see a little bit of a bounceback around 130 when the fed came in with surprise Market Operations. We have the fed ramping up measures to help the markets and liquidity with more than 5 trillion being promised. 1 30, that Center Markets a little higher. That did not last long. You can see how the 10 year yield did manage to pervak some lower,e but it was still around. 8 . The same thing for the u. S. D
All of the sectors are lower. One of those stocks is Newmont Mining because gold is higher as a safe haven, up 1. 3 now, well above the 1600 an ounce ma rk. Clearly an ominous environment right now. Earlier this week, we had swings day,. 2 and plus 1 in one so it is not unusual to see these swings today. The other assets i wanted to point to, dollaryen. We are seeking we are seeing a weaker dollar. Very interesting move in the currencies, and obviously that will continue throughout the session. If we have the s p 500, i can show you that the stocks that are lower are primarily once vonnie live from new york, im again the travel companies, the airlines. American airlines down seven vonnie quinn. Guy from london, im guy point 5 . The moves to the downside are very big. Johnson. Welcome to bloomberg markets. Vonnie lets check in on the united down. Royal caribbean lower. State street lower. First word news. A note out from an analyst on heres viviana hurtado. Viviana rates for 30 year u.
Announcement. Michael mckee has the details on who will take the job. Michael we have a replacement forecaster, george, he is jeffrey smit jeffrey schmidt, the ceo of the school of banking at Southern Methodist university and will serve out the fiveyear term. He can be reappointed in 2020 six. He will be a Voting Member of the fomc in 2025. Hes a nebraska native, he began his career in 1981 as a field examiner based in the ftse in kansas city and he follows a trend at the Kansas City Fed because Esther George and her predecessor or Bank Examiners, and 1989 he became president of American National and oman moved on to mutual of omaha, the Insurance Company as per german and ceo. He has been running a familyowned bank in dallas, graduated from the university of nebraska, has a Business Administration degree, he is not an economist. He will take office august when he first, two or three days before the Kansas City Feds annual jackson hole symposium begins. So he will be there in time to g