Stay updated with breaking news from Moody analytics. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hearing. Futures this morning look like this, markets fractionally moving this morning, they are in the red on fears of a new coronavirus wave. Dow industrials down 17, nasdaq down 23 and s p 500 not too far from where it closed yesterday, down just about 2 points. Despite positive talks on a new round of stimulus. It is he departure from yesterday, markets were boosted by energy, technology and financials. This morning, we are seeing reversal after four weeks straight of losses, the dow industrials yesterday were up 410 points, nasdaq up 203 and s p higher by 53. California wildfires turned deadly as more than 50,000 people are forced to evacuate their homes and wine country has been ravaged by the flames. We will take you there live. And hitting the brakes, the epa questions californias new plan to ban gas powered cars by 2035. Why it may not be legal at all. Plus, a skeleton of fun, this gigantic halloween decoration making the buzz this morning. Wait until you hear the price tag. M ....
Moratorium on evictions during the coronavirus pandemic. Later, the moodys analytics chief economist joins us to talk about the state of the u. S. Economy. Host the house and senate are one week into what should be there august resource recess. Negotiationsld and between Democratic Leaders and the white house appear to have yielded no result, certainly, no agreement on additional coronavirus pandemic relief measures. Good morning. It is friday, august 7, 2020. This first hour, we will ask you your message to congress, in particular, congressional leaders on pandemic relief. Here are the lines. We welcome your text messages. Make sure you tell us your name and where you are texting from. Ur handle on twitter we also welcome your comments on facebook. A very similar sentiment expressed in headlines and reporting of capitol hill publications and other publications on those negotiations which ended last night well into the evening ....
Getting out to 2021 and even trying to have our central bank centralbank measure 2022. Jonathan looking forward to that conversation in a couple of hours right here on bloomberg surveillance. Weve also got to talk about the projections. We have not had projections from the Federal Reserve since the summer of last year, and they were looking for 3. 5 unemployment in 2020, and gdp growth in and around 2 . Nobody saw the revisions that would have to be made just half a year later. Absolutely extraordinary. You see it within the economic at a have been talking about. As Olivier Blanchard mentioned in our show open, the challenge forward is on policy. I know you were long amazon and apple yesterday, driving forward the nasdaq. Was. Han i wish i not just yesterday, but through the year as well. Tremendous performance in this equity market. Who would have thought we would have t ....