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Plunged with elections just 4 months away corona in the usa trumps downfall. And. Thats our topic today on to the point of very warm welcome and here are the guests who will answer that question its a pleasure to welcome dan hamilton hes a professor for Political Science at Johns HopkinsUniversity School of advanced International Studies hes also currently a robert bosch fellow in berlin and he says pandemic recession systemic racism all made worse by President Trump it is a combustible brew and its a pleasure to welcome our few carnatic he is chief europe the chorus to correspond. For politico and his view the pandemic has trumps waterloo the main question now is not if he will lose but rather by ....
Airlines. States added into the quarantine list in the tristate area, and that is affecting airlines. Twitter is up 2. 9 . A little bit of a tease early on, a tweet from jsck saying f everyone inthat it america wore a mask, they would add a like button. Lori heinel is with us now. While we looked like we were seeing a selloff, we are now fighting for a take a lower in the markets. Is there anything to upset this market trajectory . Lori there is plenty to be concerned about. Everyone is certainly watching covid cases and whether those continue to accelerate. While we are likely to see optics in cases, and it will be spotty around the globe and in the United States, we think there is less chance that we will have the accounting draconian measures, a complete shutdown. We have to think about covid but also how this will improve as we dont have those complete shutdowns that we had earlier this year. Vonnie would you say to any client ....
Plunged with elections just 4 months away corona in the usa trumps downfall. On. Thats our topic today on to the point of a very warm welcome and here are the guests who will answer that question its a pleasure to welcome down hamilton hes a professor for Political Science at Johns HopkinsUniversity School of advanced International Studies hes also currently a robert fellow in berlin and he says pandemic recession systemic racism all made worse by President Trump it is a combustible brew and its a pleasure to welcome ask you kind of chick he is chief europe the chorus a correspondent for. Politico and his view the pandemic is trumps waterloo the main question now is not if he will lose but rather ....
Reported 1500000 more americans filed for unemployment last week this is up from the expected 1300000 well this also marked the 11th straight weekly decline in applications but also the 13 consecutive weeks or week where jobless claims remain above 1000000 well this is a total of more than 45000000 americans have filed for unemployment as a chronic virus continues to slow the u. S. Economy and with many states reopening and some old jobs are turning the total number of people receiving unemployment actually slightly fell well to talk more about the markets we turn to our panel. Last Trading Group cohost chrystia i am lets start with you unemployment data came from came back and its worse than expected but Something Else was also quite unexpected there we were getting it were seeing people getting Unemployment Benefits< ....
There are two parts to the story here. The first is the spike in coronavirus cases which the market seems to be shrugging off. But the second part is stimulus, extension of the ppp program. Which is more important right now. At least when it comes to investors. I think the shrugging off part is the most important. Investors saying no matter what happens with the coronavirus well not go back into lockdown and number two, the ppp and other stimulus measures will over the past several months help dampen the blow lets say. Jackie right. Sometimes the markets can be spot on sort of looking forward. You mentioned the fact they think no more shutdowns. Well continue to recover. The economy is going to reopen slowly but surely. Sometimes the markets will get it wrong. What if there is an unforeseen event here . What if the young people that are contracting the virus do potentially spread it to the more vulnerable and older populations . What if the market is miscalculating adam . I dont think ....