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Paul romer, Nobel Laureate may nyu start professor of economics. Cfo as wen johnson push ahead to a vaccine. Memsic own at present will stay or lower levels until the inflation pool is near. Slack in the economy because of the buyers. Improvedic activity significantly in may and june april,s trough in alongside the ongoing containment of the virus and the associated easing of lockdown measures. At the same time, Economic Indicators remain well below the levels recorded before the pandemic. Alix joining us is michael mckeen. Give us some highlights that set out in pushing forward. It is a reversal of roles. The ecb stepping back from its role as firefighter, getting into a more maintenance mode. Christine lagarde urges the fiscal authorities and the eurozone to step up and take action, approve the 750 billion rescue package they are talking about. She said she assumes the ....
Guy every single sector bar. None down in europe. A lot of this out of the u. S. Clearly we see the big market to the fed that is being priced into europe. The ftse is down. You certainly have the pause in effect coming through into the u. K. Market. Taylor wimpey is one example of that. We are seeing affects positive effects coming through of a right pause into european, and more specifically u. K. , equities. The question is, what happens if pi goes up next time . Does the bank of england hike . Who knows. Alix in the u. S. , we are data dependent. We get existing jobless claims coming in under 200,000. We are seeing equities pick up to the downside on existing home sale numbers. The s p 500 is down 1 . Major sectors in the red. Amazon down 3 . Seven Straight Days of losses, its longest losing streak since february. What is different in the bond market in the u. S. Is the front end is rallying. You are seeing buying in the twoyea ....
Good morning. Very warm welcome to Worldwide Exchange on cnbc. Im wilfred frost alongside Courtney Reagan in for sara today. Good morning. I love this song. Our team is so on point with the music. As people know, it would be all boy bands and Andrew Lloyd Webber if i chose it. Lets look at futures. Essentially flat. For the week as a whole we are heading lower, down 1 for the dow. On pace for the worst week since november. Sounds bad, i suppose it is in a relative sense, but in an absolute sense, only 1 of declines as a whole highlights this up from pullback in the last five or six weeks has not been too volatile. Down 1 for the week for the dow, down a half percent for the s p and the nasdaq coming into todays trade, but we are called slightly higher for the dow and s p and the nasdaq expected to open slightly ....