World how good I am hello agaIn and welcome. He Its tIme to break down the bIg storIes wIth some smart people. Today, were askIng as Kamala HarrIs pushes for another Debate And Donald trump says, no, Is he smart to stay away from a second Facetoface Showdown . Ben poIson pIll, republIcans pushIng to fund the government wIth one major addItIon that democrats say Is a solutIon In search of a problem and no soup for you the bIg change comIng to a 155yearold can classIc The Panel Is here and ready to go so sIt back, relax, and lets talk about votIng Is offIcIally underway In the electIon wIth the fIrst Absentee Ballots already maIled out and alabama and early votIng Is set to begIn In several other states In the next few days. Now, were theIr bIg debate behInd them. Both candIdates are In the next phase of the campaIgn lookIng for new ways Kamala HarrIs, mockIng Donald Trumps lack of specIfIcs on replacIng obamacare as she looks to buIld on her BaIt Momentum at 12 or 13yearold survIvor of
I was already ready for a fun show but you were super charged. A few minutes ago i was listening to you and dan goldman have a conversation when you uttered the words, the my pillow guys soliloquy, words i never thought i would hear in my life. Im deeply appreciative for you kicking it off for us. Have yourself a great game and well talk about the bucs on monday. I will do, ali. Thank you very much, my friend. Thanks, friend. All right. Well, tonight it is a tale of two parties. One is governing and the other it is not clear what the other party is doing. Republicans are destroying themselves from the inside, consumed with feuds over how loyal they can be to a former president who incited an insurrection. And fighting over what actions to not take about the dangerous conspiracyspewing congresswoman Marjorie Taylor greene. Meanwhile, democrats want to pass laws and help americans who are hurting from the pandemic. Today joe biden made it clear he will pass his covid Relief Package with
Fired for not properly performing their duties during this outbreak. And for all of this were joined by boom bust cohost christiane who is joining us once again from Los Angeles Christy thank you so much for joining us today. Christy after record highs on wednesday the 3 major benchmarks here in the u. S. The dow the s. And p. And the nasdaq all took early losses before kind of stabilizing in the afternoon and just taking you know fractions of a percent off but at this point do american markets actually have any idea how to react to what is going on with the quote a virus. Well at this point i think you just pointed out the markets really dont know how to react because dont forget today midday we did hit all the new 52 week highs again in the s. N. P. 500 so at this point the bank of markets equity markets know that no matter what happens the central bank is going to be ready to bail it out so the good the bad news is good news narrative is still very much intact so in times like these
Earlier this week we actually had an opportunity to speak with one. Out of beijing and he spoke about what is being done to make sure this doesnt have a lasting impact. In fact im just c. P. B. O. C. Chinas central bank injecting one trillion yuan or 170. 00 around 170000000000. 00 u. S. Dollars into the market to boost the could be making lending easier and if sars is of any indication remember when sars was rampant in china in 2003 the chinese economy went from 11 percent in the 1st quarter. To 9 percent in the 2nd quarter but when the epidemic was contained the growth rate bounced back to 10 percent and that grades continued for the subsequent weeks quaters and years kristie what do you actually make of this analysis from. I think what he says is absolutely correct that if once this entire virus is contained china actually rebound in a very strong way because lets lets face it there is no other nation in the world who is as good as mobilized nation in terms of getting the personnel
Much to get to on this very busy day so lets get started. And we begin with a huge new surge of over 15000 new coronavirus cases reported on just wednesday alone and that news was enough for chinas leadership to oust 2 communist Party Leaders in the who by province in the center of the outbreak the news of those new infections means that indications that the virus was beginning to taper off thats what so many had hoped for is simply not accurate and when it comes to markets they reacted markets down today thanks to concerns that the worst is actually not behind us after all and that Chinas Health commission has reported more than 1300 deaths and now more than 60000 infections aside from the 2 Party Officials who have been ousted in china hundreds of other officials have been paralyzed and dozens were fired for not properly performing their duties during this outbreak. And for more on all of this were joined by boom bust cohosts christiane who is joining us once again from Los Angeles C