Cases, we talk about it every day. We need to im starting, i dont know what youre hearing, im starting to see anecdotal evidence that things are slowing down a bit in the economy. Im getting that too. Im getting people who are saying, i really would want to make a big spend, this is in terms of the big tech spend, for instance, i got to figure out what is going on or when are people coming back, are people ever going to come back . This stay at home versus go back to work, we thought it was resolved, we thought that things it was just a matter of time before you go back to work and those involve big Corporate Capital spending decisions and i think that those decisions are right now on the balance, because people dont know whether this thing is just going to continue to rage. I think we can expect it to continue to rage for the foreseeable future until the vaccine is widely available. There are people people are starting to curb their behavior thats what im referring to, and there are c
Assads pardon to vindicate russia thats thats what you saw thats what the headlines were except that wasnt mags really quite the whole story at least not according to the previously mentioned witness yes former u. S. Congressman Dana Rohrabacher who told yahoo news on thursday that quote i spoke to julian of songe and told him if he would provide evidence about who gave wiki leaks the emails i would petition the president to give him a pardon now that doesnt that certainly doesnt sound like donald trump offering a pardon that sounds more like rohrabacher saying give me the goods and ill try to get you a pardon thats the difference big difference there anyway we can put sides my friends at the end of the day we all know that it takes at least 50 grand to get a pardon from donald trump these days youre going to make to get big the payoff c. But that wasnt the own. Goes from russia games past to make headlines this week roger stone yes he was sentenced to 3 years or 40 months in prison th
Deal keeps stocks near alltime highs. Treasury yields rising. Gold falling below 1500. Shery huawei still see sales growth despite the longrunning ban on u. S. Tech. We hear from the fcc. First, lets get you breaking news out of south korea. We are seeing a balance of payment. 7. 4urplus widening to trillion billion in the month of september. This is coming from the previous month when the surplus was at 5. 2 billion in the month of august. That was also two consecutive months of the surplus widening. We have five months of surplus now after the country posted its first deficit in seven years back in april. It has been under a lot of pressure. We have september exports falling 12 . Now we are seeing 11 months of contraction for those exports and south korea. , alsood balance number seeing the surplus widening to from 4. 7on, up billion in the previous month. Numbers out of south korea when it comes to those payments current account balance. Lets turn to the Australian Market that has c
Yields keep on creeping up. This is the position we find ourselves in. We were looking for 1. 7 not long ago. The yen is weakening in the broad face of what has been Dollar Strength out there. Thai baht unchanged. Not surprising. Interest Rate Decision later on today. Possibility of another 25 basis points being cut. Cny sub seven, that is why we wanted to bring this up. Just edging stronger it would seem. Ourselves with the rally taking place which also petered out in the u. S. , though we had record highs for a couple of the indices, but it was a mixed bag overall is there also a sense that we could end up with a positive feedback loop as people have this fear of missing out on the rally . Lots of first word news telling us about the world. Here is su keenan in new york. Su we start with robert kaplan. He has told bloomberg that hes comfortable with the recent steepening of the yield curve, saying it is a sign that fed policy is in the right place. Hes previously voiced concern about
Maher and basically saying common sense are where woke ideas go to die. Breaking news coming in. More news involving the Supreme Court and getting right to former congressional investigator sam dewey and byron york. The Biden White House said the president is claiming to the border and the Biden White House moments ago asked the Supreme Court going to the law and letting Law Enforcement arrest and deport illegal border crossings. A number are known criminal terrorists and this is a Success Story at the border and how will voters see this, byron . Well, they already give joe biden lowest Approval Ratings ever on the issue of handling the border. This has been an issue in the last two democratic administrations. If you remember, several years ago during the obama administration. There was a governor of arizona, january brewer and wanted the state and legislature to enforce some federal Immigration Laws. Obama administration took her to court and won and their argument was the government