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From moscow this is our international my names donald quarter and your 30 minutes of news and views starts now the french president has announced the country will enter a 2nd National Lockdown in a bid to turn the tide against the coronavirus and it will last at least all of november arties charlotte dubinsky can tell us whats ahead. President mark onset in july she tweeted that in the event of a 2nd wave there we are ready thats francois be ready and thats clearly the case they both people and we are overwhelmed by the 2nd wave that we now know to certainly be harder and deadlier than the 1st one the government has said it didnt want this locked down that despite its efforts it looks like its back to square one when it comes to it 19 definity present diprivan to confine the elderly the most vulnerable to test be alert and protect to improve the number of beds in intensive care units with a solutions are not enough at the momen ....
Michael its been a while since ive been able to give good news, so i will take as much time as i can hear. It doesnt happen very often, but it did happen in july. Manufacturing data betterthanexpected, particularly in europe with of increase for most major economy. Spain leading the way at 53 point five. Italy at 51. 9, france, 52. 4. The euro zone as a whole comes in at 51. 8. All of those numbers for the most part above what they had been in june. These are sentiment indexes that suggest that look at the comparison between june and july. We dont know whether they really incorporate the rebound in cases. In the states, we saw a much better than expected ism unemployment number of 54. 2, which suggests that maybe it did not capture it, or manufacturers managed to keep going through the covid outbreak. We are just now seeing covid start to show up more in europe again. That is something to keep an eye on. Several surveys show that while overall moment to miss revving up, momentum is rev ....
A new Constitutional Court in mali to try to end the political crisis that irans foreign minister calls the stronger ties with iraq on his 1st visit since the u. S. Killed a top iranian general earlier this year and reviving hollywood how covert 19 will mean higher costs along the production times for the movie making business. And in sport Lewis Hamilton wednesday hung gary in the formula one prays for the 8 time in his career his latest victories mean the british driver top of the World Championship standings. Well its a little after 8 pm in brussels the end of the 3rd day of European Union talks which still seem to have found no consensus leaders have been trying to agree on how to fund europes recovery from the coronavirus demick and finding the money ....
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Lik ....