Stocks into value encyclicals keep up . Havens are bringing back some ground. The Federal Reserve warns there could be major downside for asset prices if the Economic Impacts of the virus is not mitigated. Will a vaccine or stimulus come soon enough . Welcome to the program, happy tuesday. Picking news from the u. K. , jobs data giving us a picture of the damage done or avoided on the u. K. Economy. The unemployment rate, a three month figure, we get an ,nemployment rate of 4. 8 exactly what was anticipated. It was on the rise. Very cushioned by the furlough scheme over the summer, and the end of september. Where we are on the jobless claims number, we have i go to this because we do not have survey data but it is interesting because it is october data, a little more impactful. The jobless claims change down by 29,800. , that looks lower than the prior period. Some of the data seems an improvement on the previous period. I go to that redhead line on the u. K. Unemployment story. 164,00
For being with us today. I look forward to a fascinating conversation. My pleasure. Thank you for being with us. I could not be the more delighted to welcome my old friend general washington to be in company once again. It has been a time, general. It has been, search. Its actually my pleasure and my honor to be with you, although i confess i do not understand how this is happening. Well i believe, general, it is because of one of the duties written explicitly in our constitution. One of the duties of the legislative body. The pursuit of science. Which i am a strong supporter of. Our first question then. It is for the two of you. What do you remember as your first meeting . First meeting. You know. If you will allow me, mr. Jefferson, i reckon that those who are viewing may or may not be aware that i am older than yourself by 11 or 12 years. 11 years, your excellency. We were both born under the old style calendar. Thats correct. Very confusing at different times. I actually believe i
Speaking to him later on in the hour, as well as Bracken Darrell. Lets get back to that leaderboard. U. S. Equities shaking off whatever tensions we do see within china. You have some positive news about the u. S. Buying some of its vaccine. You could see it tested as early as the end of the year. I do want to highlight the euro. Bid, very much soft. A bit here in the 10 year, but the 10 year real yield hit its lowest level since 2012. That means gold is also popping. We are going to break down that later on as well. Overarching story is the conflict between the u. S. And china recently heating up. The u. S. Ordering the closure of the consulate in houston. Eijing vowed to retaliate for more we are joined by state Department Reporter nick. What actually happened and what do we look for Going Forward . Big is that the u. S. Shut down chinas consulate in houston. It is unclear whether they believe specifically there was a great deal of espionage and intellectual property theft connected
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