Worked so much in the first couple of quarters. We are also expecting our investment ipo tomorrow. It is a very, very busy year for us, all in all. You are looking at health care opportunities. Everybody else seems to be doing that. That is why valuations have skyrocketed. What are you finding and what are you concentrating on within that space in particular . Nisa it is interesting. Board. St across the is, is really interesting when we invested in the first company, the first Vaccine Company to list in hong kong. One of our Companies Went out in hong kong, the first device company. Venus, thepo of whole medical device sector has become hot this year. Seen 25 areas we have Companies Getting funded in china alone. I am not sure about the competition. On the discovery side there is also excitement. Because valuation has grown so much, we would still stay away from very expensive deals. Historically, we have been investing 75 at least. Systematically we have been doing the same thing as
Whether or not at this point in the economic pandemic cycle they need to spend that bullet. They will be doing some things that are more accommodative. It will be difficult for them to reverse that policy somewhere down the road. Jonathan mike swell of Goldman Sachs is with us. On treasuries, on bad news being bad news, is that your view of things, how high can we take 10year yield . Mike great to be with you, jonathan. On the there is a cap treasury market, and its really the result of looking away from the slow term where there are certain instances where people think about growth postcovid. We see significant vaccine implementation. The jobs report, it will take a long time to get back to normal. The fed will be on hold for the foreseeable future. As a result, you will not see a 50 basis point increase in the 10year. People should sit tight and recognize that rates will stay low for the foreseeable future. Today proves that we will be in this odd situation where markets will look fo
And in thailand tens of thousands of protesters filled the streets of bangkok defining a ban on large gatherings and states of emergency. And on soundless and i have all the support the Los Angeles Dodgers put on the back called break in performance to win the 1st game of the National League championship series. But we begin this news hour in kyrgyzstan where the president has announced his resignation after weeks of political turmoil serum buy back of had been facing daily protests since the disputed parliamentary election earlier this month but the vote sparked widespread demonstrations with accusations the vote was rigged in the governments favor since then some leading politicians have been 4 states theres a new Prime Minister and another election has been. Promised so lets say turn out to charles stratfords hes live for us in eastern care to stand charles the president said he would resign after the election was really run so why has he done it right now. Its fair to say mr jeenbe
We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a significant downgraded by moodys of turkey late last week on friday. The payments crisis is what the Payments Company is talking Credit Company is talking about and we are continuing to see stress in the system surrounding turkey. The lira fairly flat. More, kaylee, about the u. K. More insight on the debate over Boris Johnsons plan to rewrite the brexit debord divorce deal. As the market appropriately pricing and or does it need to reprice in the near future the risk of a no deal brexit . Bhanu
Devastated from the coronavirus from being evicted from their homes. We have the details coming up for you. Americas biggest chip maker rolling out its latest chip sets. Code name, tiger lake. Intel ceo bob swan here to tell us how its going to help it maintain dominance in the microchip world. Plus we will introduce you to a company shaking up shakes. The cofounders are here to explain how the reopening of gyms around the nation can help boost sales of its plantbased protein shakes. Less than an hour to the closing bell, im Cheryl Casone in for liz claman today. Lets start the claman countdown. Cheryl lets make you smile. Smile direct club investors are grinning from ear to ear as the stock sets its biggest oneday percentage gain ever after executives bought up millions of dollars in shares and as the company pulled the plug on manufacturing, a manufacturing facility in texas. Right now the stock is up a little more than 25 . A record ride for peloton interactive, hitting another high