Monopoly status in the most significant antitrust action against a u. S. Company in decades. Google says the government case is deeply flawed. Netflix plunges in late trade after losing subscribers. We get the outlook and expectations, and investors are not happy. Shery we are seeing u. S. Futures coming online slightly higher, by. 1 after u. S. Stocks rose in the regular session. It was a choppy one. We saw expectations of the next round of stimulus and House Speaker nancy pelosi now trying to negotiate that deal with the white house, investors watching that very closely. We saw the s p 500 index gain. 5 with 10 of 11 sectors rising in the new york sector. Nasdaq composite also gaining ground, despite we saw the Justice Department decision to sue google for allegedly abusing its power. All of this leading to the dollar sinking to a oneweek low, more optimism that perhaps a compromise stimulus is on the way. Look at oil at the moment, because we have seen oil slightly higher on this up
Taking on all of this. As the economy bounces back to 90, 95 of prepandemic output. Joe biden saying downplaying this. President trump firing back, joe biden you will continue to put the economy . A National Lockdown if youre elected. Democrats look at this, top democrat representative out of michigan warning that auto workers in michigan are very clear, theyre now voting for trump. Well show you again the secret reveal that President Trump is doing at his rallies that is hooking voters to his side. Plus, two stories of censorship hitting the headlines today. Twitter censoring top border official mark morgan what he already testified to congress, that the border wall stops gang members like ms13, murderers, sexual predators and drugs. Another story of censorship, frequent guest on our show, glenn greenwald, he quit media outlet for censoring his story about the bidens selling access and inannounce overseas. Senate Homeland Security so far, Tony Bobulinskis documents, he is the former B
To talk about this topic. Explored in a new book by 104 speakers today. James steyer. Hes the ceo of Common Sense Media. Advocacy organization for families and schools. This program is being held in association with Common Sense Media. Jim is the editor of the new book, which side of history, how technology is reshaping technology in our lives. It offers a collection of essays and how technology is affecting democracy and the society and our future. This available for books are sold. His jointed today but one of the contributors to the book, frank. Hes a writer of the atlantic and author of two books himself. Contributions will focus on the new era. We will discuss that and much more here today. Before we come to the conversation, one final note before we start. You have a question for either jim or frank, please post in the youtube chat box or the facebook Comment Section target and they will be to me during this program. So lets go ahead and get started. First of all, congrats to bot
But the equity markets are open. We are up by 1. 2 . Earnings season getting up tomorrow with j. P. Morgan, but stimulus talks are not going anywhere. The german tenyear yield, yields are going lower. We are also seeing some pressure caught in periphery. We are getting awful close to a has 100 spread that basis points on it, and that is certainly something we are watching very carefully. We note the comments from mr. Lane over the weekend. The other thing we are noting as well is what is happening with chinese currency. The pboc over the weekend basically putting two way risk back into that currency pair. The question is, will that be marketto stabilize this and keep the pboc happy, or is further action ultimately going to be required . Kailey joining us now is mark mccormick, Td Securities global head of fx strategy. Lets talk about the u. K. First. More restrictions to stop the spread of the virus there. The market doesnt really seem to blink at any of these new additional restrictio
Back to an eight day holiday. They are putting much playing catchup. We have gains across the board. Shanghai is up 1. 6. These services pmi rising for a fifth month. The you on getting 6. 73 versus the dollar. This was stronger than expected. This is a weak dollar story. Some yen strength there. The bank of canada governors has negative Interest Rates remain an option. Courts seems like a lot of the action is in the shanghai markets here today given that robust reopening after the eight day holiday. We will speak exclusively to the Everest Medicine ceo. This is 27 right now in its debut in hong kong. The Trump Administration signaling that the administration is again leaning toward a largescale stimulus bill. That comes after nancy pelosi pushed back on the idea of peace for a. She is excepting refusing to accept help for airline without wider bill agreed. We want to help the airline workers. There is legislation that we had ed the cares act that we hope we could continue for the next