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Vaccine. Finding a compromise. Agrees to slowly add more Oil Next Year after days of an stoxx. The Saudi Arabian energy miss mr. Process excruciating. Happy friday. It is excruciating for some of those journalists who stayed up late for that press conference. Look at where we trade friday morning. The s p 500 a bit over concerns roll outow pfizer will that vaccine. We are pushing a little higher this morning on the futures. Is this durable . What stands out is a record in the u. S. , a grim reco...

Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8...

Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the q...

Its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with th...

That brings you up tonight more from us in a bad cough and. This is boom bust the one business show you cant afford to miss there montevideo going to washington coming up the Worlds Largest economy post its worst order on record well thats what this does to the hopes of that recovery in the u. S. And around the globe on the trouble coming as the maker of production claims will have to be slashed after a 65 percent drop in revenue we have a lot to get to to lets get started. On thursday the u. S....

Claims to be slashed after 65 percent drop in revenue we have a lot to get to fill up get started. On thursday the u. S. Commerce department announced that the United States economy g. D. P. Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record where the previous worst quarter contraction was a 10 percent drop during the Eisenhower Administration in 1958 but these records dont they back to the Great Depression all hopes to end o...

Commerce department announced that the United States economy g. D. P. Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record for the previous worst quarter contraction was a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it ...

So representative babbin. Yes, sir. Mr. Chairman, thank you very much. Id like to join the others in acknowledging those in attendance here today who lost loved ones in the accidents and our sincerest condolences to you and thank you for being here today. In the interest of time, id like to get right to it. Instead of directing my questions to one of you specifically. Id like to address these to both of you and let you decide who is best fit to answer. I think there is a feeling out there that a...

Of the 737 max airplane at a hearing before the house transportation and infrastructure committee. Hes joined by boeing chief engineer john hamilton. This is just over two hours. Committee on transportation and infrastructure will come to order. I ask unanimous consent that the chair be authorized to declare recesses during todays hearing. Without objection, so ordered. I also consent that the chair and Ranking Member of the full committee be recognized for ten minutes each during the first roun...

Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighte...