Page 5 - Long Duration News Today

Lets get straight to steve liesman. Jay powell testimony before the House Services committee will note improvement in the economy saying Household Spending has recovered three quarters of the decline and say this is in part response to federal spending and higher Unemployment Benefits which is running down he said housing has rebounded and Business Investment showing signs of improvement but overall employment and Business Activity with well below the prepandemic levels an the out light is uncer...

Recently jacob blake reporter have sparked protests across the nation. There are two systems of justice in the United States. Theres a white system, and theres a black system. The black system aint doing so well. But were going to stand up every black person in the United States is gonna stand up were tired, im tired, of looking at cameras, and seeing these young black and brown people suffer reporter there were also calls for people to show up and vote this november. We must march do the ballot...

Good morning to you. Hanging in the balance. 8 26. And we will remember ginsburgs life and legacy with im marcus washington. Breaking right now for you. Two women who knew her well. San jose police are Tropical Storm beta expected investigating a deadly stabbing. To make landfall today. Right now police are giving out few details, but that millions bracing for hurricane winds and flooding. Investigation has closed santa rescue teams on alert. Clara streets near San Jose City hall located on 6th ...

U. S. Treasury secretary Steven Mnuchin said additional fiscal stimulus is needed urgently. The dollar steady after Strong Manufacturing data. Above 1. 20 for the first time in over two years. It does not last long. Does mattere level for monetary policy. It is 6 00 a. M. In london, 7 00 a. M. In frankfurt where they are watching the eurodollar trade. Good to see you. So, volatility. Is the equity market to greedy and the rates market under assuming vol in the u. S. President ial election . Good...

It is showing how much power these businesses have to move the index in one direction or another, outweighing technology. As we look at the valuations 2000, the big underperformer today, relative to the median forward valuation on the s p 500, the ratio looks ugly, we are back down to the lowest we have been. I dont know if that is the denominator of the s p 500 continuing to decline. It could be both of those. It has been a downward trajectory, and we have yet to see it. Calls forwe have got qu...

Stole the show. I say a star was born as he and Melania Trump talked about justice for allamericans. Speaking of rnc, it seems to have a positive effect on President Trumps poll numbers. The swing state trump bump closing the gap with joe biden. All that and more on making money. Charles folks, records all over the place as wall street keeps going. The bull market picking up speed this as new data on the economy continues to defy the experts. Durable goods orders for july climbed 11. 2 , signifi...

Mayor breed and the governor looked at the restrictions and the meet is held the conference and televised by sfgov. Tv. For those watching the live stream be aware theres a brief time lag between the live meeting and what is being viewed on sfgtv. Id like to extend thanks to the staff and i. T. Staff for their assistance during the meeting. Id also like to note on the published agenda there was an incorrect dialin number for this meet. The correct dial in number is scrolling on the live feed. If...

We have a quorum. Very good. Secretary can you please make the announcement. Mayor breed and the governor looked at the restrictions and the meet is held the conference and televised by sfgov. Tv. For those watching the live stream be aware theres a brief time lag between the live meeting and what is being viewed on sfgtv. Id like to extend thanks to the staff and i. T. Staff for their assistance during the meeting. Id also like to note on the published agenda there was an incorrect dialin numbe...

Biggest spike in cases in nearly four months. Good morning and welcome to bloomberg surveillance. I am Francine Lacqua in london. This is what the markets are doing , european stocks moving to the downside gorsuch any trading sideways, despite record highs on wall street. This is what we are also looking at when it comes to gold, always look at gold because it gives you a good sense of where there is appetite, slipping back below 2000 on ounce. We saw declines in utilities outweighing gains in t...

3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now,...