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At their highest level ever. But the best trade may be emerging far away. The eem is far outpacing the s p 500 over the last three months a nosedive in the dollar it is at its lowest level since april 18 is it time to rotate out of the u. S. And look abroad for the next big trade, tim . It seems like it could be a rerun of creating a globe. These are dynamics we havent seen in a long time. If you look at where the dollar is if you are investing in emerging markets, the currency is at least 50 of your return profile and high yielding currency is a driver of this reality but its the turkish and african moneys the blowoff top was around 51. 75. I think you have rates moving higher, but normalizing. Normal high rates for em arent good if you look at the source trade and things moving around the world, some of this is about a global recovery. In some sense at least, the u. S. Dollar and rates will stay lower for longer and thats fantastic for the rest of the world. We may be in the depths o ....
Fear of a Holiday Season surge the critical next steps and the plans being put in place certified one month after the election, all key battleground states have signed off on the results. President elect biden building his new White House TeamPresident Trump still making baseless claims of fraud this morning our interview with the fired head of elections security, weighing in on the voting, the president s failing challenges and what every american should know about the safety of our ballots. Al is tracking the first significant snowstorm of the season in the midwest and massive Power Outages from another nasty storm that hit millions on the east coast. Fact versus fiction. The British Government calls o ....
See what will happen, cierra. Reporter good morning, kris. On several occasions, governor gavin newsom has mentioned we needed to get our numbers under control. And he said if the numbers did not get under control, there would be increased restrictions. And in that same breath, he also mentioned l. A. And what they were doing to get their numbers under control. Now, to get you up to speed last week, the city ended their Outdoor Dining. Issuing a modified stayathome order, echoing the county rules that went into effect monday. It bans gatherings from people outside the immediate household with some exceptions. Insider that has been part of the recent Conference Calls with the governor says we can expect an update in about a day or two. But for businesses already working to adapt to the changes when we entered the purple tier, the last nine months have been a battle. The owne ....
Legal action or by getting legislators to not follow the normal procedure. So this meeting, we dont know exactly what happened in the meeting with the statement afterwards from the 2 Senior Republicans from michigan. Certainly indicate that they heard nothing from donald trump that would change the result of the election in michigan and that they are going to press ahead to security guards in brazil are being investigated for homicide over the killing of a black man outside a supermarket. One of those guards was an off duty policeman. Demonstrators are calling for a boycott of a car for Supermarket Chain video show the security guards repeatedly hitting a 40 year old man in his face before his death. Up to 12 rockets have been fired in a series of attacks in afghanistans capital. There are reports, several people have been injured. Theres been no claim of responsibilit ....
Clean as you look from the east bay hills camera. Check out what it does this afternoon. If you liked yesterday afternoon, i think youll like this one more. As 70 in San Francisco to 74 in san jose and santa rosa. 71 in napa and concord. And also in oakland. The cool spot, Half Moon Bay at 66. We have healthy rain on the way. It comes as quickly as tomorrow in the accuweather 7day forecast. Heres reggie. Thanks. We have some good news about a vaccine development. This is moderna revealing that its vaccine is nearly 95 effective. What is the health and Human Services secretary saying about this. He says this is something to celebrate. With todays announcement moderna says theyre on track to ask for fda authorization in the coming weeks. Besides being so effective, the Mod ....