What is so interesting is where central bankers will be. Mark carney, the governor of the bank of england, it is just out across the bloomberg that he has finally landed. I thought he would be running the toronto maple leafs, but he will join the venerable brookfield of toronto. This is one of the Sterling Companies of canada, 100,000 strong. Esg. E will go all lisa hes going to be leading the environmental and social governance Investment Strategy at brookfield, which is eventually expected to rival the size of its real a structure businesses. The question is, what does this mean . Tom this has clearly been one of the leading efforts of the former governor of the bank of england. Our Francine Lacqua numerous times in interviews on esg as he led the bank of england, i would say more than any other central bank. Maybe i would get a hat tip to the bundesbank as well, but clearly leading on esg. I heard him speak on this at davos as well. This is to me a very natural outcome to see him jo
Points the s p which is then up five out of the last six weeks and up the last six sessions in a row is up by 5. 5 this morning and then the nasdaq which has been this incredible out performer for months on end is the other performer this morning its down by 13 points but remember nasdaq was only down friday after being up for several sessions in a row. Setting a new high every one of the closes. The s p is less than 1 from its all time high. Its up back in february the treasury markets youll see right now. The treasury yields are where they have been the ten year is at 0. 556 . Melissa. We have an update on the pandemic the United States surpassed covid cases. It took just six weeks for u. S. Covid cases to double. The growth appears to have leveled off at an average of 54,000 per day over the last week in College Sports news over the weekend the mid american conference scrapped its all football season delaying all fall sports until the spring of 2021 the logistics were too complicate
The dow toing 25k. Steph, whats the significance of those big numbers we have now been able to get over . Its very positive. It makes people feel better especially if they were buying back in march and april and may. We have been getting pockets of activity thats picking up like the tsa travel numbers look bet per. Mortgage applications up four weeks in a row these are baby steps what this tells me is yes we had a horrific recession were still in it. Its probably going to recover a little bit faster than i initially expected i dont know if its a v but i think april and may are the worst months of the year on terms of the Economic Data and that we are going to start to see an improvement if you do see an improvement and get the economically sense tifr sto sensitive stocks to rebound, thats very encouraging. If you look at financials, they are down 26 on the year industrials are down 26 on the year these things could have a mean reversion and that could propel us higher along with Techno
In chicago some ways this was very specific in the wicker park neighborhood. Theyre hitting Liquor Stores and salons, getting bottles of shampoo. Hitting clothing stories. Other ways it is very indiscriminate. They are hitting Small Business and you can see they hit the target which is now being boarded up as we speak. It is about cleaning up, boarding up buildings that have been hit. Boarding up other buildings to prevent this from happening again. I want to show you video from over the weekend. What happened here in chicago, they shut down Public Transit into the downtown areas where we saw protested on saturday night. They shut down main arteries into the downtown area. As a result of that, the protests and looting became more scattered. They hit suburbs and south side. Where we are outside of the Downtown City Center in wicker park. I talked to a Small Business owner not far from here. She was getting ready to reopen the clothing retail space on june third. Because of this it is de
Welcome to the program smalling says 10 11 am here in moscow the shoes day im kevin now with this 30 minute world news round up and 1st let me take you through where we are statistically in the world today this choose day regarding covert 19 sadly heading towards another bleak milestone right now more than 1900000 infections have been registered and over 119000 people have died in some better news however almost half a 1000000 people have recovered from covered 90. In other news france faces nearly another month of lockdown president mccrone told the nation on monday evening that measures will stay in place until may the 11th and admits mistakes were made from this is the worlds 4th worst affected nation with over 136000 cases im almost 15000 deaths and go to a chorus for me in paris. And the morning another tough month ahead the by the looks of it another bleak assessment from president mccraw nya. Yes thats right president mark on addressing the nation again the 4th time since this p