It seems investors once again looking past the difficult months that may be ahead. Pricing forwards month statements are nine months ahead hoping we get past the virus. There could be difficult time ahead but this week you will not know it. David i should say. Thank you to Abigail Doolittle for that report on the markets. Overnight we were reminded of the complexities of the u. S. China relationship as a Foreign Ministry spokesman congratulated Vice President biden even as the trumpet ministration was bidding u. S. Investments in unspecified Chinese Company they say is tied to the chinese army. Richard haass published a Foreign Affairs piece called repairing the world in which he lays out the issues that will be in President Bidens inbox the day he walks into the oval office. Welcome. Great to have you with us. China is in the inbox but is not the first thing. The first thing is covid19. Richard i agree. China is in the inbox and will be for president as for the eye can see your the br
Coverage. Blake burman at the white house. Edward lawrence in washington. Well start with you, blake. Reporter jackie, last night during the Coronavirus Briefing President Trump first floated this idea of him potentially going down the path of trying to get a cut on capitalgains taxes going forward. Here is what im told according to sources. Right now the white house is exploring that idea, looking into it and doing so via the form of an executive order because there would be little to no appetite within washington, d. C. Right now of doing that legislatively, especially when you consider what the grand picture is with everything. Weve just heard some of it from Mitch Mcconnell within the last half hour or so. Both sides, democrats, republicans, still 2 1 2 trillion dollars apart. Both side right now not even talking. They are also acknowledging that this is going at least for the moment, nowhere. Watch. We are i will two sit down as long as it is a serious negotiation. Thus far it has
Walk us through the day. Romaine two things. First, it started with all eyes on washington, waiting to get that almost 2 trillion stimulus package. Summoning some encouraging some some encouraging signals from leaders that this was being worked out. Then we could potentially get a vote today in the senate. Then, it would go to the house. We had the president about effectively reopening the economy by easterday in the u. S. , less than three weeks away. A lot of people took that as an encouraging sign that Economic Activity would at least start to normalize. We saw the s p rally big time. The dow jones had its best day going back to 1933. I know none of us are old enough to remember what was going on in 1933. On that date we had the big rally in the dow, that was just two days after we had that first fireside chat from fdr and he sort of put some optimism back into the economy about what the government was going to do. We are seeing sort of shades of that here where the market is sort o
With exclusive inside. The must see concerning. Place to be curious minds. Do it yourself networkers the. Subscriber and dont miss out on. The town. So much on the taps attentional the o. E. C. D. Calls for african economies to boost productivity it says growth has failed to create enough quality jobs old well being for the population. To be a multibillion china has also a german entrepreneur about being stuck in a lockdown in beijing and if the crowbars post scare him best is all for good. And up to 2 decades of hacking the safety and logistics of the media becomes the 1st african states which will meet the United States. And it was all of its own business africa is just not catching up but activity has remained at 12 percent of that in the United States for 2 decades now growth just isnt enough to create jobs despite a surging middle class booming consumption and people flocking to urban centers a study by the African Union and o. E. C. D. Shows why. Every 5th african of working age
So much on the taps potential the o. E. C. D. Calls for african economies to boost productivity it says growth has failed to create enough quality jobs old well being for the population. To be a multibillion china but also a german entrepreneur about being stuck in a lockdown in beijing and if the coronavirus will stare investors off for good. And after 2 decades of hacking there the safety and logistics then maybe i becomes the 1st african states which will make the United States. Good for the olympics or business africa is just not catching up on activity has remained at 12 percent of that in the United States for 2 decades growth just isnt enough to create jobs despite a surging middle class booming consumption and people flocking to urban centers a study by the African Union and o. E. C. D. Shows why. Every 5th african of working age starts a business thats a level of entrepreneurship unparalleled anywhere else in the world and those businesses are key to the continents future the