Masterca mastercard, microsoft and u. P. S. All lower on the back of their results as well. Bund yields and oil are lower. Tenyear yield, 0. 77 . All 11 s p 500 sectors are lower, sharply lower thats the heat map of all s p 500 stocks very few are green as you can see above me just less than 3 of declines for all three of the major indices, sara. We will ask allianz chief economic adviser mohammed elbrian. Monitoring two live events at this hour, expected speech from french president emanuel macron and a statement from dr. Fauci mike santoli covering the market selloff meg tirrell with more details on the covid spike in the u. S. And europe and ylan mui start us off with the selloff, mike starting to do some damage third day in a row for the s p. Its starting to cut a little deeper the hope gave way and did accelerate the down side multiple pressure points on this market causing investors to have a harder time looking across this valley of growth, right covid case cuts. We dont know wh
Extinct him investor fixed income investors interested. They are crushing yields. Joining us now is jeff rosenberg. Its fantastic to get you on the show for this topic, the role that treasuries play in a portfolio, from 2020 looking out. Its a huge topic at blackrock. How are you thinking about this question . This i wrote a piece on and continue to write under the theme on investing without a parachute. This september is a really good example. We wrote pieces on it and everybody is talking about it and its like ok, what does the new world look like that we are going into . In september, equities are down 8 and treasury yields are highlighted by all of those comments. Barely budging. Its the combination of the low yield makes the income relatively unattractive, a couple of comments in there about taking credit risks. And it will come around to that question in a second. But another thing that is difficult about the investing outlook now and where treasury yields are is that they are no
Biggest rally since april. Zoom and tesla lead the balance for the electric carmaker jumping over 10 . Lawmakers become lawbreakers. The e. U. Considers legal action over the u. K. s plan to breach the brexit deal. The two sides hold an emergency meeting today. Class growing confit plus growing confidence. Hold ass set to stay on bloomberg learns some officials now see a reduced need for further stimulus down the line. As i said, just under one hour away from the start of cash equity trading in europe. Lets take a look at futures first. We do see gains on dax futures up about. 4 right now. Also, euro stocks futures are up. But you do see ftse futures down this morning so keep your eye on that divergence. In terms of u. S. Futuress, after the gains yesterday, we see continued gains in futures with dow and s p many contracts up. 2 . Anna . Talk about whats going on in the Asian Session in terms of the gmm. We have had a day where we have seen real resurgence as you mentioned in stocks, a
Discovered. Subscribe to the documentary on. The u. S. Russia efforts to digitally decouple from china new executive order targets not just social media hitech talk of chinas massive payment and messaging service we chat. Also on the show look at the economic consequences of tuesdays explosion in beirut. And tourism is critical for cape towns economy but almost nonexistent at the moment not threatening livelihoods. Flowing welcome to the show and see them. In berlin its good to have you with us is a trade dispute will moving into the Digital World u. S. President donald trump escalated tensions with china on tuesday by issuing an executive order that forces americans to stop using chinese owned apps and rather chinese to talk and we chat on the move against tech talk the worlds Fastest Growing social media site was expected then of which i was not. In just 6 weeks those uploading videos like this 2 mobile app to kill could find themselves on the wrong side of us. The u. S. Has around 1
The move against tech talk the worlds Fastest Growing social media site was expected to benefit was not. In just 6 weeks those uploading videos like this 2 mobile app ticktock could find themselves on the wrong side of us. The u. S. Has around 100000000 ticked of uses but not for much longer here. On thursday washington issued an executive order banning u. S. Transactions with tick tocks Parent Company the white house believes the app threatens National Security saying it was Chinas Communist Party to spawn on u. S. Citizens the controversy centers around this company by doms based in beijing it owns numerous apps including to recently u. S. Software Company Microsoft expressed interest in buying ticked up from by the white house says if a u. S. Company bought the app the bun could be avoided. The u. S. Governments executive orders also include 10 cent holdings the chinese of we chat hugely popular in china the messaging and social media app could soon be banned in the United States an