On the director domestic policy studies at aei and i am delighted to be with you today to join by a group firstterm mayors facing challenges our studies are pretty interesting im glad you are tuning in and you will enjoy getting to know each one of them. The new generation mayors and cities i am excited because we have mayors literally for weeks on the job just got started a mayors doing interesting things dealing with challenges during this challenging time with the pandemic and urban unrest and other challenges that flow from those things. I want to dive right in and hear from them and what they are doing for Public Policy and the future of our cities but let me do a quick round of introductions. The mayor of miami was selected in 2017 i guess the longestserving mayor of firstterm mayors and previously served as the commissioner for district four at the age of 431 of the youngest in the country the first miami born mayor of the city and has a lot going on we look forward to hearing f
And thats what tony zhang is singing about today. And our last song pun of the evening, you down with tlt or up . Or down . Or up . Professor khouw breaks it down, why rates could be in for a bumpy ride, and how to ride that out with options its time to risk less and make more options action starts right now. Lets get right to it Consumer Staples making a comeback from the march lows and now hovering close to alltime highs. Carter says there is one stock signaling trouble despite the staple surge carter, what are you looking at . I thought wed target proctor here proctor is the biggest weighting we know in the sector, but its just a bit hot to my eye and lets try to figure it out together so first a simple table and you can see it there on your screen and this is just looking at the performance of the consumer staple sector versus proctor one year basis, the sector up 10 , procter doubled that, up 24 on a twoyear basis, the sector is up 25 proctor is up 77 on a fiveyear basis, the sect
Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
737 max reportedly set to return to the skies it is monday, june 29th, this is Worldwide Exchange right here on cnbc well, good monday morning, good afternoon, or good evening. Welcome from where ever in the world you may be watching us thanks for starting on cnbc. Lets get to the money on your markets and futures. Theyre upcoming off a fridays hair cut dow futures implied up 135 points the dow falling more than 700 points on friday dow and s p 500 look on track to snap two month win streaks although we could turn it around tech also taking a beating on friday but its still been a great run so far this quarter. The big 5 fang stocks up an average of 29 since april 1st all of this ahead of a shortened trading week the markets are closed on friday for an early start to the july 4th holiday. Hard to believe that were already approaching july 4th anyway, treasury secretary and fed chair jay powell are set to testify on capitol hill tomorrow with the minutes of the latest Federal Reserve me
Short of some forecasts while saudi and russia call for compliance. Effective compliance is vital if we are to secure the hard won stability and restore confidence in the effectiveness of the entire group. Travel turbulence france reportedly prepares to unveil a 10 billion euro rescue package while three British Airlines launch a legal challenge against the governments quarantine measures and astrazeneca will not comment on speculation after reports sugge suggest considering a mass i have tie up in u. S. Rifle gilead a very warm welcome to street signs everybody. Happy monday were about an hour into the session and a little bit of retreat mode trading down by. 7 and lets put this into context. Were coming off of a very strong week last week. We saw gains across the board here in europe but not to the same extent up about 6. 7 its fair to say the main event last week in terms of data was the remarkable jobs report that came through theyre pointing to misclassification of workers in the