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And that because your point on bonds. Right now we have the 10 year yield backing up six basis points on the week, up 14 basis points. The worst week for bonds going back to august. Bonds selling off. That pushes yields higher on the idea there is some kind of recovery happening around the stimulus. It is going to be interesting to see whether or not the 10 year yield can break out of this range. David we will have to watch that carefully. We knew the job numbers would not reflect all of the covid surge, but we did not expect them to be showing downward trend before the covid came roaring back. To take us through what the numbers may indicate we welcome douglas holtzeakin, president of American Action forum. He earlier served as director of the Congressional Budget Office as well as chief economist under president george w. Bush. Great to have you back with us. ....
Day. A. Q a forum on inclusion in policy end government. Opportunities in those areas under a Joe Biden Administration. The hill hosted the event. Greetings and welcome. I am the editor at large of the hail. Thank you for joining us for the final session of our diversity and inclusion summit. We have been testing the proposition that without diversity, a government does not represent its constituents, its society suffers, and businesses and organizations are less successful. We are going to take a look at how all of us can play a role in building a culture of equity in society. I would like to thank our sponsors, qualcomm, the International Franchise association, and association of realtors. Special thanks to the National Association of realtors for supporting this band of programming and it is g ....
He said simply, this doesnt matter, and december could be green. Could be grim. Jonathan the markets are looking at the data in the second half of 2021, not 2020. Tom jon will get to the data of a market lifting and all of that. This ecb announcement a bit ago is buried, and im sorry, it just sets up the theme of extend and pretend into 2021. They are going to extend bond buying forever and ever. It is Central Banks to the rescue. Jonathan the ecb wants you to focus on the duration of the Bond Buying Program and not the size of the package they might announce this week. That has been a big push on the communications side. I imagine that will be the focus for them when they communicate with us. For us, we are all getting used to the idea that Central Banks will be there for us. Weve been conditioned by that all year. T ....
Innovations are far less successful. As we wrap up this event, were going to take a look at how all of us can play a role at building equity in society. I would like to thank qualcomm, the International Association of realtors for their support of todays program. Special thanks to the National Association of realtors for supporting this particular band of programming, and its going to be a great, great band. Stay tuned. Lots of cool stuff. Particularly my next speaker. Some of the leading minds in civil rights and social activism are with us this afternoon to discuss how intentional actions can lead to positive and constructive change. Before we get underway, a few housekeeping notes you can tweet us at thehillevents. Well be speaking live. If you have any trouble with the livestream, just refresh the page. Hopefully that will fix it. Our first guest is a pro ....