Crude getting wrapped into all of this. We get inventories coming out at 11 00, all of that wrapping into the story that maybe we arent that good at dealing with the virus again, despite what happened in the spring, and how that narrative will feed into your equity and asset allocation. The other story we are following his Morgan Stanley, the last major big bank to report earnings. Really wrapping out a winning week for wall street trading desks. The highlight was fic revenue rising 30 . That helped drive revenue above estimates. Also, equity underwriting fees came in double more than year before. Very solid. Now the question is, can it continue, particularly when it comes to the visibility of the election . Joining us now on Bloomberg Television and radio is jonathan pruzan, Morgan Stanley cfo, as well as sonali basak, bloomberg wall street correspondent. It is good to have you. Killer numbers, particularly when it comes to fic. What visibility do we have now for the Fourth Quarter .
From novemberays 3. Americans will cast their ballots for the next president , but the future of americas global role is on the ballot today. Looking toward the election, todays panel will focus on issues for the transatlantic relationship and u. S. Foreign policy. Along with many counterparts are watching the election closely. While there are furring views how november will shape the transatlantic relationship, few in europe believe it will revert to its previous form. Revert to its previous form. Recent polling from the council on Foreign Relations on european views of the transatlant transatlantic relationship show that france and germany look at this regardless of the outcome of the relationships. A and todays discussion will discuss the stakes of the election and the discussions for u. S. Foreign policy. Im glad to be joined by those experts for insights and analysis for a second trump term or a biden president. And consider how a geopolitical europe would react to either scenario
Coronavirus california is turning the corner. The number of new infections, hospitalizations and the percent of coronavirus tests coming back with a positive result, all of those categories are down and have been steadily declining for weeks. Look at the graph of cases in the bay area. Our rolling average is represented by the yellow line and you can see its distantly lower from a peak set in mid august. Health is just one participant of our life thats been impacted by the pandemic and its one of five areas where were working to build a better bay area. The economy is another. Youve probably seen the struggle many Small Businesses like restaurants are going through. It been unbelievable. After surviving with only delivery and takeout, some restaurants are allowed to serve customers without door dining. Diners alternated eating, drinking and putting their masks back on. Its a struggle that is not easy for anyone anywhere. Abc 7 News Reporter chris nguyen looking at the big picture from
A driver drove into this Outdoor Dining area, injuring several people. New details tonight about what led to this San Francisco firefighters death. More in my story. After a beautiful weekend, were tracking warmer weather and gusty winds for the week ahead. Ill have all the details in the accuweather forecast. Abc7 news at 11 00 starts right now. Announcer building a better bay area for a safe and secure future, this is abc7 news. I said, oh, my god, the car is running to us. It is so scary. Two people have lifethreatening injuries after an suv crashes into some outdoor seating as diners were eating lunch this afternoon in the south bay. Good evening and thank you for joining us. Im dion lim. Eight diners were hurt and they were seated outside grand century mall in san jose. We do know the driver was also taken to the hospital and police say he may have been having a medical episode. Abc7 News Reporter luz pena is following this developing story for us. And, luz, youve spoken to some w
I see london, i see france, i see you in your underpants i always hated that diddy when i was a kid but you know what . It perfectly describes todays actions. Sellers caught with their pants down tipping just. 15 . Yep, this morning investors saw london and they saw france, not to mention milan and madrid. Specifically the europeans getting hammered as covid back on the continent they figured wed import those losses from europe so they furiously sold their stocks to get out ahead of the weakness. Many of these jokers probably trading in their pajamas the feet with the dr. Dentons. Panic pretenders here dumped shares at a 10 1 ratio, meaning there were 10 shares for sale or down for every 1 share someone was trying to buy. Now the late, great mark haines, one of cnbcs finest, always used that 10 1 ratio to call bottoms, including the generational bottom that he nailed in march of 2009. When the ratio sellers to buyers is 10 1 hed say you have to hold your nose and buy because that kind