The pound is trading up i about 0. 2 . Ultimately what the extra supply is going to do to the shape of the curve, but certainly, this is what many people have been anticipating would be delivered. Italy also announcing it is going to increase its fiscal stimulus to help the economy out , an economy that continues to remain largely in lockdown, along with the population. Lets get more on how Insurance Companies are dealing with what we are seeing at the moment. The u. K. s prudential is a Health Insurer and asset manager as well. Joining us now is mike wells, ceo of prudential plc. Good afternoon. How is the company being affected by what is happening . Todaywe Just Announced 2019 results, were you had a number of convergences occur. Earnings were up 20 . The majority of our markets in x hong kong come very strong and resilient. It is an indication of what youre seeing now, which is market by market, we still see doubledigit growth in Southeast Asian markets, and as we are sitting here
Nations distinguished thinkers an innovators. It is my privilege to introduce todays participant to engage us in a captivating discussion of health care. Let me start by introducing the guest speaker who i have known for many years and consider him a mentor and friend. Scott serota is the ceo of Blue Cross Blue Shield, and a National Federation of supporting 36 independent communitybased and locallyowned Blue Cross Blue Shield companies and including Blue Cross Blue Shield of michigan. The Blue Cross Blue Shield system through its federation of insurers covers 1 of 3 americans, and i think that this is a very important statistic, because nobody else does this frankly, it serves every zip code in the united states, meaning in every zip code in america, someone has a Blue Cross Blue Shield card. He is overseeing one of the most trusted brands in health care, and scott is one of the most influential leaders driving Public Policy and conversations on health care and health care reform, and
Its got to give at some point. It does give. That is running out of steam. The dollar rise and the basically the bond selloff. You think thats going to run its course . I do. I think were still going to be anchored to europe, scott, and i think theyre going to be providing an awful lot of stimulus over there. Pushing on rates still. This is what draghi said. Im telling you what he said. He has put that trillion dollars where his mouth is. He will continue to put the additional 700 billion that he has potentially there. I think those are catalysts for lower rates over there. Weiss, im talking about over here, doc. You know, were anchored to that. How are we going to run from 240 up to 300 on the tenyear. We already are on their way up there. Tenyear yields up 65 basis points in a month. Are we going to continue that rise . Thats your question. Isnt it . Yeah. If its going to cause the stock market to wilt. Do you we agree or disagree . Partly. Im trying to be nice before the holiday. Go
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