Information trade how big tech conquers countries, challenges our rights, and transforms our world. Can you hear me without the mic . No, okay. Can you hear me with the mic . Also know. Heads up in the back. Alexis is the deputy ceo of new york city where she runs basically a policy Experiment Lab trying to get vendors to compete for who cana devise the best programs to improve social welfare of the citizens ofpr new york. She is an adjunct professor of media and communications and she spent a couple of decades studying these issues extremely intensively as doctoral student and then as a member of the staff of the u. N. Mission, of the state department, and also just thinking her guilty about the witches so clear from this book which i really admire. A quick round of applause for alexis. [applause] just jump right in. This book is about what you call take a minute and tell us what those arent what you felt we needed a new category for them. Sure. Thankdo you all for coming. So wonderfu
Already, which is a rarity. Developing their the low clouds stuck around but and thats not something we all data would only be used have seen much of. There could be more inland sun for nhs care and we wont hold upper 40s, low 50s here, and warm temperatures, kind of it any longer than needed. A mini summer pattern. Getting some breaks in the fog and that onshore wind up to 35 the idea of coronavirus 63degrees today, and most immunity cards has begun a conversation among Health Care Locations are still reporting professionals across the miles an hour now. Mostly cloudy skies. A couple systems are slipping the breeze has tailed off a country. The immunity card, passport or little bit but its still another form of id could be down, triggering thunderstorm used to identify those who have activity around santa rosa onshore. Been tested for the virus and yesterday, not expecting that it was up to 35 miles an hour this morning in the delta. The card would determine whos today. 60s and 70s ou
Shrinks, but it doesnt set the u. K. Up for a good spot Going Forward. We are seeing the relationship between fiscal and Monetary Policy really evolve the u. K. We will break that down over the next few hours. You are seeing bond markets bid across the board, as we are koff develop. We want to kick it off with Michael Mckee. Theld central bank mike,entral banks if i say mmt, am i wrong . Anyway. Yeah, [laughter] its confusing, though, what is going on with the economic philosophy called mmt. Yes, it is unlimited cash in unlimited amounts for unlimited periods of time until we get through this. Youre still going to work your tail off today before we get to 4 00 p. M. Lets start in london come over the bank of england is going to finance Government Spending for the time being by lending money directly to the treasury. It is called the ways and means facility, a shortterm credit the last used during great financial crisis. Government and the bank say any borrowing will be repaid by the en
On the u. S. Economy. Down now about 3. 5 or so. Small caps artificially underperforming for the fifth time in six days. All on concerns about the strength or lack of strength within the u. S. Economy. I do want to take a look at the vix. If there is any bright spot going on, it is that it is hovering below 50. It is the first time going back to march 11, so it looks like there could be a little bit of an improvement here. Certainly feels better than the height of an 80 handle that we had. We do start to get more comforted when the vix is falling along with the s p 500. Traders hoping to find a floor here. Nextre starting to see the falling a little bit again today. I want to flip up the board. Ending on a light note. That is something we are trying to do everyone to a while. Its all about what you are doing if you are working from home. Apparently, we are going to be drinking. A lot of alcohol purchases. Week ofcreasing the march 21. Aree of thewin most, 66 and 75 . Beer, about 42 . V
Nation, the president announcing that travel ban. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. After consulting with our top Government Health professionals i have decided to take strong but necessary reactions to protect the health and wellbeing of allmericans, to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days the new rules will go into effect friday at midnight. David, jim, were going to talk about the president s address, the markets obviously today, but really quick, the fact that youre there and im here, just reflects the fact that the nature of work is changing, and will probably stay this way for some time to come yeah, it will, carl again, were splitting up our teams in case something happens at the nyc or here so we can obviously still