Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
We have all long operated we covered the white house together, weve done that. We know how all president s and their Communications Team try to throw information out there because they want us, they want us to echo that. They want to put that out there. In an amendment such as this that so challenge with the subject of the continued influence the fact, do you change the way you put that information out there . How do you address that reality . You are muted, mara, sorry. This is a really, really, really tough problem. Because were so tribal, because of the tribalizing effects of social media, you know, whatever we do to discuss a piece of misinformation or disinformation, we putting that piece of this information out there and by definition i guess were giving it more life for airtime. Npr is a mainstream News Organization. We try to surround this piece of misinformation or disinformation with as much context and Fact Checking as we can, but what we found, maybe we can talk about this,
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl
Tackles the big issues this is shaping the United States its people its economy and the way it deals with the rest of the world the bottom line only on aljazeera. A surprise announcement from the oval office and. Israel you know its hard to find that. Now just not. The same stuff somebody said tom and i know others call an election nearing for trump and ya. Know i mean sitting in for richard and youre watching the listening post working from home here are the media stories were covering this week. The Abraham Accords behind all the talk about peace between israel and the gulf states there is a lot of posturing and even more p. R. Surveillance in the United States an affiliate of the network 80 plus is ordered to register as a Foreign Agent weve reported on mounting crises a chronically corrupt government a collapsing state and then came the blast whats it like to be a journalist in lebanon today. And a saudi musician teams up with an israeli one to create one of the many more the video