In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially will trigger a change in investors sentiments. The geopolitical situation that we all know about the u. S. And china is going to the next level europe,ituation in which as we speak, is probably resolving but is still very complicated. Last but not least, the u. S. Election. According to our clients, 61 of our clients are thinking about changing their asset location post the election no matter who wins. Manus do you think that is holding them back, the election, overtraining and trade . Over china a
Disinformation and propaganda, President Trumps rhetorical assault on beijing steps up a gear. The u. S. Senate passes a bill to the last Chinese Companies on european and delist Chinese Companies on european indexes. The bank of england president said get of rates are not being ruled out. Plus, cut to junk. Angela merkel says a decision on the lufthansa bailout should be expected shortly after the German Airline becomes the latest to lose its Investment Grade status on the s p. Take a look at futures this morning. We do see losses in futures. Euro stoxx 50 futures down a little bit more than 1 . 0. 6 6 . Ures falling we see drops on u. S. Futures, as well. S p, and nasdaq futures all down by more than 0. 5 . Anna, the gmm . Anna lets have a look at the gmm. Quite a mixed picture in the Asian Session after some gains in europe and the u. S. Yesterday. Lifted in part by some better corporate reporting in the u. S. We see a little bit of nervousness around geopolitics and the ongoing ten
Wrote her a ology an immunologist Curry University great happy with this reservoir takes ears sort of scenes he develops for it since well thats 6 years worth while as it takes a lot. Well the key is you have to make a wreck scene thats not only safe but works. Well takes many years to figure that out you cant give people especially Healthy People were targets of the vaccine you cant give them something its going to make them sick and thats not going to work and so you have to test it 1st in the laboratory in animals and you have to test for safety and then finally you have tested to see if it prevents the disease you know youre looking for years is not bad it took 50 years to make a polio vaccine so were doing much better than we used to. Scientists are promising to havent seen against this current wireless by age of 21. How do we know that it will be there perhaps well there are no there are no guarantees in becks analogy but it would seem really encouraging is that i think there are
A number of them out there that infect people immunity after infection last about a year and then you can get reinfected but disease is much much milder so i think you will be similar for sars kovi 2 you will be immune for about a year and then maybe you will be reinjected but you may not even notice it or would just be a mild common cold type of infection i think that is most likely the outcome so many experts say that the current house says the summer of the 2nd wave may be karelia not. More than a joiners the side people have officially coverage. With no symptoms those who didnt even register is sick and that is osted will are already somewhat it means the virus and their number is constantly rising will this people be now she still still hold her he. Can wait. So i think my from my calculations we need somewhere between 50 and 70 percent of the population to be mewed to prevent spread of priors to achieve the herd immunity that you are saying there and i dont think that were going
All. You can be sure is nice of you. As a colleague 19 pandemic cripples or carlson Health Care Issues wildlife scientists are saying you know i was raised for a big scene and no. Sub isnt joining rant. No need. Any knowledge. So she brings in red and yellow. Her biology and in the knowledge economy. There is a great happy with this reservation tayseer service seems hes not all for it since the policy 6 years work was takes a long. While the key is you have to make a wreck scene thats not only safe but works and that takes many years to figure that out you cant give people especially Healthy People who are into targets of the vaccine you cant give them something its going to make them sick and its not going to work and so you have to test it 1st in the laboratory in animals and you have to test for safety and then finally you have tested to see if it prevents the disease that carrier looking for and years is not bad it took 50 years to make a polio vaccine so were doing much better tha